Nanovibronix Stock Return On Equity

NAOV Stock  USD 0.73  0.02  2.82%   
NanoVibronix fundamentals help investors to digest information that contributes to NanoVibronix's financial success or failures. It also enables traders to predict the movement of NanoVibronix Stock. The fundamental analysis module provides a way to measure NanoVibronix's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NanoVibronix stock.
Last ReportedProjected for Next Year
Return On Equity(0.93)(0.88)
Return On Equity is likely to climb to -0.88 in 2024.
  
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NanoVibronix Company Return On Equity Analysis

NanoVibronix'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.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current NanoVibronix Return On Equity

    
  -1.41  
Most of NanoVibronix'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, NanoVibronix is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

NanoVibronix Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for NanoVibronix is extremely important. It helps to project a fair market value of NanoVibronix Stock properly, considering its historical fundamentals such as Return On Equity. Since NanoVibronix's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of NanoVibronix's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of NanoVibronix's interrelated accounts and indicators.
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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

NanoVibronix Total Stockholder Equity

Total Stockholder Equity

4.19 Million

At this time, NanoVibronix's Total Stockholder Equity is fairly stable compared to the past year.
Based on the latest financial disclosure, NanoVibronix has a Return On Equity of -1.4059. This is 94.13% lower than that of the Health Care Equipment & Supplies sector and 83.9% lower than that of the Health Care industry. The return on equity for all United States stocks is notably higher than that of the company.

NanoVibronix Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NanoVibronix's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NanoVibronix could also be used in its relative valuation, which is a method of valuing NanoVibronix by comparing valuation metrics of similar companies.
NanoVibronix is currently under evaluation in return on equity category among its peers.

NanoVibronix Fundamentals

About NanoVibronix Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze NanoVibronix's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NanoVibronix using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NanoVibronix based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Additional Tools for NanoVibronix Stock Analysis

When running NanoVibronix's price analysis, check to measure NanoVibronix'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 NanoVibronix is operating at the current time. Most of NanoVibronix's value examination focuses on studying past and present price action to predict the probability of NanoVibronix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NanoVibronix's price. Additionally, you may evaluate how the addition of NanoVibronix to your portfolios can decrease your overall portfolio volatility.