Norsk Financial Statements From 2010 to 2024
| NOHA Stock | EUR 5.70 0.20 3.39% |
Check Norsk Hydro financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Norsk Hydro's main balance sheet or income statement drivers, such as , as well as many indicators such as . Norsk financial statements analysis is a perfect complement when working with Norsk Hydro Valuation or Volatility modules.
Norsk |
Norsk Hydro ASA Company Return On Equity Analysis
Norsk Hydro'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 Norsk Hydro Return On Equity | 0.25 |
Most of Norsk Hydro'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, Norsk Hydro 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, Norsk Hydro ASA has a Return On Equity of 0.2486. This is 72.68% lower than that of the Basic Materials sector and 94.41% lower than that of the Aluminum industry. The return on equity for all Germany stocks is 180.19% lower than that of the firm.
Norsk Hydro ASA Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Norsk Hydro's current stock value. Our valuation model uses many indicators to compare Norsk Hydro value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Norsk Hydro competition to find correlations between indicators driving Norsk Hydro's intrinsic value. More Info.Norsk Hydro ASA 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 0.68 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Norsk Hydro ASA is roughly 1.47 . 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 Norsk Hydro's earnings, one of the primary drivers of an investment's value.About Norsk Hydro Financial Statements
Norsk Hydro stakeholders use historical fundamental indicators, such as Norsk Hydro's revenue or net income, to determine how well the company is positioned to perform in the future. Although Norsk Hydro investors may analyze each financial statement separately, they are all interrelated. For example, changes in Norsk Hydro's assets and liabilities are reflected in the revenues and expenses on Norsk Hydro's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Norsk Hydro ASA. Please read more on our technical analysis and fundamental analysis pages.
Norsk Hydro ASA operates as an integrated aluminum company worldwide. Norsk Hydro ASA was founded in 1905 and is headquartered in Oslo, Norway. NORSK HYDRO operates under Aluminum classification in Germany and is traded on Frankfurt Stock Exchange. It employs 35000 people.
Currently Active Assets on Macroaxis
Other Information on Investing in Norsk Stock
Norsk Hydro financial ratios help investors to determine whether Norsk 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 Norsk with respect to the benefits of owning Norsk Hydro security.