Saga Financial Statements From 2010 to 2025
| SAGA Stock | NOK 1.31 0.01 0.76% |
Check Saga Pure financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Saga Pure's main balance sheet or income statement drivers, such as , as well as many indicators such as . Saga financial statements analysis is a perfect complement when working with Saga Pure Valuation or Volatility modules.
Saga |
Saga Pure ASA Company Return On Equity Analysis
Saga Pure'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 Saga Pure Return On Equity | 0.16 |
Most of Saga Pure'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, Saga Pure ASA 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, Saga Pure ASA has a Return On Equity of 0.1611. This is 63.39% lower than that of the Industrials sector and 107.0% lower than that of the Shipping & Ports industry. The return on equity for all Norway stocks is 151.97% lower than that of the firm.
Saga Pure ASA Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Saga Pure's current stock value. Our valuation model uses many indicators to compare Saga Pure value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Saga Pure competition to find correlations between indicators driving Saga Pure's intrinsic value. More Info.Saga Pure ASA is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.20 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Saga Pure ASA is roughly 4.96 . 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 Saga Pure's earnings, one of the primary drivers of an investment's value.About Saga Pure Financial Statements
Saga Pure investors utilize fundamental indicators, such as revenue or net income, to predict how Saga Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Saga Tankers ASA engages in the investment and management activities related to shipping, rig, real estate, stock trading, and other related businesses. The company was incorporated in 2010 and is headquartered in Oslo, Norway. SAGA TANKERS operates under Shipping classification in Norway and is traded on Oslo Stock Exchange. It employs 6 people.
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Saga Pure financial ratios help investors to determine whether Saga 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 Saga with respect to the benefits of owning Saga Pure security.