Norske Financial Statements From 2010 to 2024
| NSKOG Stock | NOK 22.20 0.38 1.68% |
Check Norske Skog financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Norske Skog's main balance sheet or income statement drivers, such as , as well as many indicators such as . Norske financial statements analysis is a perfect complement when working with Norske Skog Valuation or Volatility modules.
Norske |
Norske Skog Asa Company Return On Equity Analysis
Norske Skog'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 Norske Skog Return On Equity | 0.5 |
Most of Norske Skog'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, Norske Skog 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, Norske Skog Asa has a Return On Equity of 0.5001. This is 45.04% lower than that of the Basic Materials sector and 158.84% lower than that of the Paper & Paper Products industry. The return on equity for all Norway stocks is notably lower than that of the firm.
Norske Skog Asa Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Norske Skog's current stock value. Our valuation model uses many indicators to compare Norske Skog value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Norske Skog competition to find correlations between indicators driving Norske Skog's intrinsic value. More Info.Norske Skog 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 0.23 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Norske Skog Asa is roughly 4.27 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Norske Skog by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Norske Skog's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Norske Skog Financial Statements
Norske Skog investors utilize fundamental indicators, such as revenue or net income, to predict how Norske 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.
Norske Skog ASA produces and sells newsprint and magazine paper primarily in Europe and Australasia. The company was founded in 1962 and is headquartered in Oslo, Norway. NORSKE SKOG is traded on Oslo Stock Exchange in Norway.
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Norske Skog financial ratios help investors to determine whether Norske 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 Norske with respect to the benefits of owning Norske Skog security.