Noram Drilling As Stock Net Income

TM9 Stock  EUR 2.90  0.05  1.75%   
NorAm Drilling AS fundamentals help investors to digest information that contributes to NorAm Drilling's financial success or failures. It also enables traders to predict the movement of NorAm Stock. The fundamental analysis module provides a way to measure NorAm Drilling'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 NorAm Drilling stock.
  
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NorAm Drilling AS Company Net Income Analysis

NorAm Drilling's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current NorAm Drilling Net Income

    
  384.46 M  
Most of NorAm Drilling's fundamental indicators, such as Net Income, 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, NorAm Drilling AS is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Based on the recorded statements, NorAm Drilling AS reported net income of 384.46 M. This is 24.71% lower than that of the Consumer Cyclical sector and 59.02% lower than that of the Broadcasting - TV industry. The net income for all Germany stocks is 32.67% higher than that of the company.

NorAm Net Income Peer Comparison

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

NorAm Fundamentals

About NorAm Drilling Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze NorAm Drilling AS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NorAm Drilling using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NorAm Drilling AS 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.

Currently Active Assets on Macroaxis

Other Information on Investing in NorAm Stock

NorAm Drilling financial ratios help investors to determine whether NorAm 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 NorAm with respect to the benefits of owning NorAm Drilling security.