Nidaros Financial Statements From 2010 to 2024
| NISB Stock | NOK 101.00 0.80 0.79% |
Check Nidaros Sparebank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nidaros Sparebank's main balance sheet or income statement drivers, such as , as well as many indicators such as . Nidaros financial statements analysis is a perfect complement when working with Nidaros Sparebank Valuation or Volatility modules.
Nidaros |
Nidaros Sparebank Company Return On Equity Analysis
Nidaros Sparebank'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 Nidaros Sparebank Return On Equity | 0.0402 |
Most of Nidaros Sparebank'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, Nidaros Sparebank 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, Nidaros Sparebank has a Return On Equity of 0.0402. This is 97.23% lower than that of the Financial Services sector and significantly higher than that of the Banks—Regional industry. The return on equity for all Norway stocks is 112.97% lower than that of the firm.
Nidaros Sparebank Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nidaros Sparebank's current stock value. Our valuation model uses many indicators to compare Nidaros Sparebank value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nidaros Sparebank competition to find correlations between indicators driving Nidaros Sparebank's intrinsic value. More Info.Nidaros Sparebank is regarded fourth in return on equity category among its peers. It also is regarded fourth in return on asset category among its peers reporting about 0.12 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Nidaros Sparebank is roughly 8.04 . 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 Nidaros Sparebank's earnings, one of the primary drivers of an investment's value.About Nidaros Sparebank Financial Statements
Nidaros Sparebank investors utilize fundamental indicators, such as revenue or net income, to predict how Nidaros 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.
Nidaros Sparebank, a savings bank, provides loans, savings, insurance, pension products, and payment services for private and corporate customers in Norway. The company was founded in 1858 and is based in Klbu, Norway. NIDAROS SPAREBANK is traded on Oslo Stock Exchange in Norway.
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Nidaros Sparebank financial ratios help investors to determine whether Nidaros 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 Nidaros with respect to the benefits of owning Nidaros Sparebank security.