NEW Financial Statements From 2010 to 2024
| NWDA Stock | EUR 0.64 0.01 1.54% |
Check NEW WORLD financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NEW WORLD's main balance sheet or income statement drivers, such as , as well as many indicators such as . NEW financial statements analysis is a perfect complement when working with NEW WORLD Valuation or Volatility modules.
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NEW WORLD DEVCO Company Return On Equity Analysis
NEW WORLD'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 NEW WORLD Return On Equity | 0.0145 |
Most of NEW WORLD'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, NEW WORLD DEVCO 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.
| Competition |
Based on the latest financial disclosure, NEW WORLD DEVCO has a Return On Equity of 0.0145. This is 101.07% lower than that of the Real Estate sector and significantly higher than that of the Real Estate—Diversified industry. The return on equity for all Germany stocks is 104.68% lower than that of the firm.
NEW WORLD DEVCO Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining NEW WORLD's current stock value. Our valuation model uses many indicators to compare NEW WORLD value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NEW WORLD competition to find correlations between indicators driving NEW WORLD's intrinsic value. More Info.NEW WORLD DEVCO is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.62 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for NEW WORLD DEVCO is roughly 1.61 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the NEW WORLD's earnings, one of the primary drivers of an investment's value.About NEW WORLD Financial Statements
NEW WORLD stakeholders use historical fundamental indicators, such as NEW WORLD's revenue or net income, to determine how well the company is positioned to perform in the future. Although NEW WORLD investors may analyze each financial statement separately, they are all interrelated. For example, changes in NEW WORLD's assets and liabilities are reflected in the revenues and expenses on NEW WORLD'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 NEW WORLD DEVCO. Please read more on our technical analysis and fundamental analysis pages.
New World Development Company Limited, an investment holding company, engages in the property development and investment business in Hong Kong and internationally. New World Development Company Limited was founded in 1970 and is headquartered in Central, Hong Kong. NEW WORLD operates under Real EstateDiversified classification in Germany and is traded on Frankfurt Stock Exchange. It employs 38000 people.
Currently Active Assets on Macroaxis
Other Information on Investing in NEW Stock
NEW WORLD financial ratios help investors to determine whether NEW 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 NEW with respect to the benefits of owning NEW WORLD security.