Nexoptic Financial Statements From 2010 to 2024
| NXO Stock | CAD 0.03 0.01 14.29% |
Check Nexoptic Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nexoptic Technology's main balance sheet or income statement drivers, such as , as well as many indicators such as . Nexoptic financial statements analysis is a perfect complement when working with Nexoptic Technology Valuation or Volatility modules.
Nexoptic |
Nexoptic Technology Corp Company Return On Equity Analysis
Nexoptic Technology'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 Nexoptic Technology Return On Equity | -7.51 |
Most of Nexoptic Technology'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, Nexoptic Technology Corp 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, Nexoptic Technology Corp has a Return On Equity of -7.5065. This is 37.6% lower than that of the Electronic Equipment, Instruments & Components sector and 39.85% lower than that of the Information Technology industry. The return on equity for all Canada stocks is notably higher than that of the company.
Nexoptic Technology Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nexoptic Technology's current stock value. Our valuation model uses many indicators to compare Nexoptic Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nexoptic Technology competition to find correlations between indicators driving Nexoptic Technology's intrinsic value. More Info.Nexoptic Technology Corp 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 . 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 Nexoptic Technology's earnings, one of the primary drivers of an investment's value.About Nexoptic Technology Financial Statements
Nexoptic Technology investors use historical fundamental indicators, such as Nexoptic Technology's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Nexoptic Technology. Please read more on our technical analysis and fundamental analysis pages.
NexOptic Technology Corp., together with its subsidiaries, a technology company, develops and invests in optical and lens technologies. NexOptic Technology Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada. NEXOPTIC TECHNOLOGY operates under Electronic Components classification in Canada and is traded on TSX Venture Exchange.
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Additional Tools for Nexoptic Stock Analysis
When running Nexoptic Technology's price analysis, check to measure Nexoptic Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nexoptic Technology is operating at the current time. Most of Nexoptic Technology's value examination focuses on studying past and present price action to predict the probability of Nexoptic Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexoptic Technology's price. Additionally, you may evaluate how the addition of Nexoptic Technology to your portfolios can decrease your overall portfolio volatility.