Nuvectis Return On Equity from 2010 to 2024

NVCT Stock  USD 5.04  0.24  4.55%   
Nuvectis Pharma Return On Equity yearly trend continues to be comparatively stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of Nuvectis Pharma in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
(1.82)
Current Value
(1.73)
Quarterly Volatility
1.16199176
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nuvectis Pharma financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nuvectis Pharma's main balance sheet or income statement drivers, such as Interest Expense of 179.9 K, Selling General Administrative of 4.6 M or Selling And Marketing Expenses of 13.2 K, as well as many indicators such as Price To Sales Ratio of 510, Dividend Yield of 0.0 or PTB Ratio of 11.17. Nuvectis financial statements analysis is a perfect complement when working with Nuvectis Pharma Valuation or Volatility modules.
  
Check out the analysis of Nuvectis Pharma Correlation against competitors.
For more information on how to buy Nuvectis Stock please use our How to Invest in Nuvectis Pharma guide.

Latest Nuvectis Pharma's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Nuvectis Pharma over the last few years. Return on Equity is the amount of Nuvectis Pharma net income returned as a percentage of Nuvectis Pharma equity. Return on equity measures Nuvectis Pharma profitability by revealing how much profit Nuvectis Pharma generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Nuvectis Pharma's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nuvectis Pharma's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -1.410 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Nuvectis Return On Equity Regression Statistics

Arithmetic Mean0.61
Coefficient Of Variation190.04
Mean Deviation0.89
Median1.17
Standard Deviation1.16
Sample Variance1.35
Range2.995
R-Value(0.70)
Mean Square Error0.75
R-Squared0.49
Significance0
Slope(0.18)
Total Sum of Squares18.90

Nuvectis Return On Equity History

2024 -1.73
2023 -1.82
2022 -1.32

About Nuvectis Pharma Financial Statements

Nuvectis Pharma shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although Nuvectis Pharma investors may analyze each financial statement separately, they are all interrelated. The changes in Nuvectis Pharma's assets and liabilities, for example, are also reflected in the revenues and expenses on on Nuvectis Pharma's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Equity(1.82)(1.73)

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Additional Tools for Nuvectis Stock Analysis

When running Nuvectis Pharma's price analysis, check to measure Nuvectis Pharma's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nuvectis Pharma is operating at the current time. Most of Nuvectis Pharma's value examination focuses on studying past and present price action to predict the probability of Nuvectis Pharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nuvectis Pharma's price. Additionally, you may evaluate how the addition of Nuvectis Pharma to your portfolios can decrease your overall portfolio volatility.