Sparebanken Mre Stock Fundamentals

MORG Stock  NOK 89.42  1.62  1.85%   
Sparebanken Mre fundamentals help investors to digest information that contributes to Sparebanken Mre's financial success or failures. It also enables traders to predict the movement of Sparebanken Stock. The fundamental analysis module provides a way to measure Sparebanken Mre's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Sparebanken Mre stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Sparebanken Mre Company Return On Asset Analysis

Sparebanken Mre's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Sparebanken Mre Return On Asset

    
  0.008  
Most of Sparebanken Mre's fundamental indicators, such as Return On Asset, 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, Sparebanken Mre is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Based on the latest financial disclosure, Sparebanken Mre has a Return On Asset of 0.008. This is 101.7% lower than that of the Financial Services sector and significantly higher than that of the Banks—Regional industry. The return on asset for all Norway stocks is 105.71% lower than that of the firm.

Sparebanken Mre Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Sparebanken Mre's current stock value. Our valuation model uses many indicators to compare Sparebanken Mre value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sparebanken Mre competition to find correlations between indicators driving Sparebanken Mre's intrinsic value. More Info.
Sparebanken Mre 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  0.09  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Sparebanken Mre is roughly  11.14 . 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 Sparebanken Mre's earnings, one of the primary drivers of an investment's value.

Sparebanken Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sparebanken Mre's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sparebanken Mre could also be used in its relative valuation, which is a method of valuing Sparebanken Mre by comparing valuation metrics of similar companies.
Sparebanken Mre is currently under evaluation in return on asset category among its peers.

Sparebanken Fundamentals

About Sparebanken Mre Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Sparebanken Mre's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sparebanken Mre using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sparebanken Mre based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Sparebanken Mre, together with its subsidiaries, provides banking services for retail and corporate customers primarily in Mre og Romsdal, Norway. Sparebanken Mre was founded in 1843 and is headquartered in lesund, Norway. SPAREBANKEN MORE is traded on Oslo Stock Exchange in Norway.

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Other Information on Investing in Sparebanken Stock

Sparebanken Mre financial ratios help investors to determine whether Sparebanken 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 Sparebanken with respect to the benefits of owning Sparebanken Mre security.