Novotek Financial Statements From 2010 to 2025
| NTEK-B Stock | SEK 77.20 0.40 0.52% |
Check Novotek AB financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Novotek AB's main balance sheet or income statement drivers, such as , as well as many indicators such as . Novotek financial statements analysis is a perfect complement when working with Novotek AB Valuation or Volatility modules.
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Novotek AB Company Return On Equity Analysis
Novotek AB's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Novotek AB Return On Equity | 0.19 |
Most of Novotek AB's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Novotek AB is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Novotek AB has a Return On Equity of 0.1875. This is 101.56% lower than that of the Technology sector and 95.95% lower than that of the Information Technology Services industry. The return on equity for all Sweden stocks is 160.48% lower than that of the firm.
Novotek AB Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Novotek AB's current stock value. Our valuation model uses many indicators to compare Novotek AB value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Novotek AB competition to find correlations between indicators driving Novotek AB's intrinsic value. More Info.Novotek AB is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.45 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Novotek AB is roughly 2.23 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Novotek AB by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Novotek AB's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Novotek AB Financial Statements
Novotek AB stakeholders use historical fundamental indicators, such as Novotek AB's revenue or net income, to determine how well the company is positioned to perform in the future. Although Novotek AB investors may analyze each financial statement separately, they are all interrelated. For example, changes in Novotek AB's assets and liabilities are reflected in the revenues and expenses on Novotek AB's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Novotek AB. Please read more on our technical analysis and fundamental analysis pages.
Novotek AB delivers solutions in the industrial IT and automation areas. The company was founded in 1986 and is headquartered in Malm, Sweden. NOVOTEK AB operates under Information Technology Services classification in Sweden and is traded on Stockholm Stock Exchange. It employs 152 people.
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Novotek AB financial ratios help investors to determine whether Novotek Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Novotek with respect to the benefits of owning Novotek AB security.