Nowigence Stock Return On Equity
NOWG Stock | USD 0.50 0.00 0.00% |
Nowigence fundamentals help investors to digest information that contributes to Nowigence's financial success or failures. It also enables traders to predict the movement of Nowigence OTC Stock. The fundamental analysis module provides a way to measure Nowigence'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 Nowigence otc stock.
Nowigence |
Nowigence OTC Stock Return On Equity Analysis
Nowigence'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.
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, Nowigence has a Return On Equity of 0.0. This is 100.0% lower than that of the Technology sector and about the same as Software—Application (which currently averages 0.0) industry. The return on equity for all United States stocks is 100.0% lower than that of the firm.
Nowigence Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nowigence's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Nowigence could also be used in its relative valuation, which is a method of valuing Nowigence by comparing valuation metrics of similar companies.Nowigence is currently under evaluation in return on equity category among its peers.
Nowigence Fundamentals
Current Valuation | 27.96 M | |||
Shares Outstanding | 31.23 M | |||
Price To Book | 105.31 X | |||
Price To Sales | 594.85 X | |||
Market Capitalization | 33.89 M |
About Nowigence Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nowigence's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nowigence using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nowigence based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.
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Other Information on Investing in Nowigence OTC Stock
Nowigence financial ratios help investors to determine whether Nowigence OTC 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 Nowigence with respect to the benefits of owning Nowigence security.