Veidekke Financial Statements From 2010 to 2024
| VEI Stock | NOK 137.60 1.00 0.73% |
Check Veidekke ASA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Veidekke ASA's main balance sheet or income statement drivers, such as , as well as many indicators such as . Veidekke financial statements analysis is a perfect complement when working with Veidekke ASA Valuation or Volatility modules.
Veidekke |
Veidekke ASA Company Return On Equity Analysis
Veidekke ASA'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 Veidekke ASA Return On Equity | 0.4 |
Most of Veidekke ASA'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, Veidekke 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, Veidekke ASA has a Return On Equity of 0.3956. This is 10.09% lower than that of the Construction & Engineering sector and 80.42% lower than that of the Industrials industry. The return on equity for all Norway stocks is notably lower than that of the firm.
Veidekke ASA Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Veidekke ASA's current stock value. Our valuation model uses many indicators to compare Veidekke ASA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Veidekke ASA competition to find correlations between indicators driving Veidekke ASA's intrinsic value. More Info.Veidekke ASA is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers reporting about 0.13 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Veidekke ASA is roughly 7.52 . 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 Veidekke ASA's earnings, one of the primary drivers of an investment's value.About Veidekke ASA Financial Statements
Veidekke ASA investors utilize fundamental indicators, such as revenue or net income, to predict how Veidekke 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.
Veidekke ASA operates as a construction and property development company in Norway, Sweden, and Denmark. The company was founded in 1936 and is headquartered in Oslo, Norway. Veidekke ASA operates under Construction - Industrial And Diversified classification in Norway and is traded on Oslo Stock Exchange. It employs 8461 people.
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Veidekke ASA financial ratios help investors to determine whether Veidekke 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 Veidekke with respect to the benefits of owning Veidekke ASA security.