Sogn Financial Statements From 2010 to 2024
| SOGN Stock | NOK 263.95 1.95 0.74% |
Check Sogn Sparebank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sogn Sparebank's main balance sheet or income statement drivers, such as , as well as many indicators such as . Sogn financial statements analysis is a perfect complement when working with Sogn Sparebank Valuation or Volatility modules.
Sogn |
Sogn Sparebank Company Return On Equity Analysis
Sogn 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 Sogn Sparebank Return On Equity | 0.058 |
Most of Sogn 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, Sogn 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, Sogn Sparebank has a Return On Equity of 0.058. This is 96.0% lower than that of the Financial Services sector and 99.25% lower than that of the Banks - Regional - Europe industry. The return on equity for all Norway stocks is 118.71% lower than that of the firm.
Sogn Sparebank Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sogn Sparebank's current stock value. Our valuation model uses many indicators to compare Sogn Sparebank value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sogn Sparebank competition to find correlations between indicators driving Sogn Sparebank's intrinsic value. More Info.Sogn Sparebank is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.13 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Sogn Sparebank is roughly 7.44 . 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 Sogn Sparebank's earnings, one of the primary drivers of an investment's value.About Sogn Sparebank Financial Statements
Sogn Sparebank investors utilize fundamental indicators, such as revenue or net income, to predict how Sogn 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.
Indre Sogn Sparebank provides banking products and services in Norway. The company was founded in 1971 and is based in rdalstangen, Norway. SOGN SPAREBANK is traded on Oslo Stock Exchange in Norway.
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Sogn Sparebank financial ratios help investors to determine whether Sogn 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 Sogn with respect to the benefits of owning Sogn Sparebank security.