Nuvama Financial Statements From 2010 to 2024
NUVAMA Stock | 6,742 24.90 0.37% |
Check Nuvama Wealth financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nuvama Wealth's main balance sheet or income statement drivers, such as , as well as many indicators such as . Nuvama financial statements analysis is a perfect complement when working with Nuvama Wealth Valuation or Volatility modules.
Nuvama |
Nuvama Wealth Company Return On Equity Analysis
Nuvama Wealth'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 Nuvama Wealth Return On Equity | 0.29 |
Most of Nuvama Wealth'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, Nuvama Wealth 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, Nuvama Wealth has a Return On Equity of 0.2947. This is 79.68% lower than that of the Capital Markets sector and 95.63% lower than that of the Financials industry. The return on equity for all India stocks is 195.06% lower than that of the firm.
Nuvama Wealth Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nuvama Wealth's current stock value. Our valuation model uses many indicators to compare Nuvama Wealth value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nuvama Wealth competition to find correlations between indicators driving Nuvama Wealth's intrinsic value. More Info.Nuvama Wealth 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 0.14 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Nuvama Wealth is roughly 7.15 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nuvama Wealth by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nuvama Wealth'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 Nuvama Wealth Financial Statements
Nuvama Wealth stakeholders use historical fundamental indicators, such as Nuvama Wealth's revenue or net income, to determine how well the company is positioned to perform in the future. Although Nuvama Wealth investors may analyze each financial statement separately, they are all interrelated. For example, changes in Nuvama Wealth's assets and liabilities are reflected in the revenues and expenses on Nuvama Wealth'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 Nuvama Wealth. Please read more on our technical analysis and fundamental analysis pages.
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Other Information on Investing in Nuvama Stock
Nuvama Wealth financial ratios help investors to determine whether Nuvama 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 Nuvama with respect to the benefits of owning Nuvama Wealth security.