Odfjell Drillltd Dl 01 Stock Fundamentals

OD3 Stock  EUR 4.08  0.05  1.24%   
ODFJELL DRILLLTD DL 01 fundamentals help investors to digest information that contributes to ODFJELL DRILLLTD's financial success or failures. It also enables traders to predict the movement of ODFJELL Stock. The fundamental analysis module provides a way to measure ODFJELL DRILLLTD'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 ODFJELL DRILLLTD stock.
  
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ODFJELL DRILLLTD DL 01 Company Return On Equity Analysis

ODFJELL DRILLLTD'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

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Current ODFJELL DRILLLTD Return On Equity

    
  0.0701  
Most of ODFJELL DRILLLTD'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, ODFJELL DRILLLTD DL 01 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, ODFJELL DRILLLTD DL 01 has a Return On Equity of 0.0701. This is 103.54% lower than that of the Energy sector and 101.37% lower than that of the Oil & Gas Drilling industry. The return on equity for all Germany stocks is 122.61% lower than that of the firm.

ODFJELL DRILLLTD Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining ODFJELL DRILLLTD's current stock value. Our valuation model uses many indicators to compare ODFJELL DRILLLTD value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ODFJELL DRILLLTD competition to find correlations between indicators driving ODFJELL DRILLLTD's intrinsic value. More Info.
ODFJELL DRILLLTD DL 01 is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about  0.52  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for ODFJELL DRILLLTD DL 01 is roughly  1.90 . 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 ODFJELL DRILLLTD's earnings, one of the primary drivers of an investment's value.

ODFJELL Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ODFJELL DRILLLTD'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 ODFJELL DRILLLTD could also be used in its relative valuation, which is a method of valuing ODFJELL DRILLLTD by comparing valuation metrics of similar companies.
ODFJELL DRILLLTD is currently under evaluation in return on equity category among its peers.

ODFJELL Fundamentals

About ODFJELL DRILLLTD Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ODFJELL DRILLLTD DL 01's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ODFJELL DRILLLTD using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ODFJELL DRILLLTD DL 01 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.
Odfjell Drilling Ltd. operates as an integrated offshore drilling, well service, and engineering company worldwide. Odfjell Drilling Ltd. is a subsidiary of Odfjell Partners Ltd. ODFJELL DRILL operates under Oil Gas Drilling classification in Germany and is traded on Frankfurt Stock Exchange. It employs 2377 people.

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Other Information on Investing in ODFJELL Stock

ODFJELL DRILLLTD financial ratios help investors to determine whether ODFJELL 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 ODFJELL with respect to the benefits of owning ODFJELL DRILLLTD security.