Photocure Financial Statements From 2010 to 2024
| PHO Stock | NOK 56.50 1.00 1.80% |
Check Photocure financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Photocure main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Photocure financial statements analysis is a perfect complement when working with Photocure Valuation or Volatility modules.
Photocure |
Photocure Company Return On Equity Analysis
Photocure'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 Photocure Return On Equity | -0.16 |
Most of Photocure'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, Photocure 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, Photocure has a Return On Equity of -0.1567. This is 99.35% lower than that of the Pharmaceuticals sector and 107.29% lower than that of the Health Care industry. The return on equity for all Norway stocks is 49.45% lower than that of the firm.
Photocure Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Photocure's current stock value. Our valuation model uses many indicators to compare Photocure value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Photocure competition to find correlations between indicators driving Photocure's intrinsic value. More Info.Photocure is considered to be number one stock in return on equity category among related companies. It is considered to be number one stock in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Photocure by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Photocure'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. 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 Photocure's earnings, one of the primary drivers of an investment's value.About Photocure Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Photocure income statement, its balance sheet, and the statement of cash flows. Photocure investors use historical funamental indicators, such as Photocure's revenue or net income, to determine how well the company is positioned to perform in the future. Although Photocure investors may use each financial statement separately, they are all related. The changes in Photocure's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Photocure's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Photocure Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Photocure. Please read more on our technical analysis and fundamental analysis pages.
Photocure ASA, a specialty pharmaceutical company, engages in the research, development, production, distribution, marketing, and sale of pharmaceutical products and related technical medical equipment in Nordic countries and the United States. Photocure ASA was founded in 1997 and is headquartered in Oslo, Norway. PHOTOCURE ASA operates under Drug Manufacturers - Major classification in Norway and is traded on Oslo Stock Exchange. It employs 71 people.
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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Photocure using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
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Check out the analysis of Photocure Correlation against competitors. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Photocure Stock analysis
When running Photocure's price analysis, check to measure Photocure'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 Photocure is operating at the current time. Most of Photocure's value examination focuses on studying past and present price action to predict the probability of Photocure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Photocure's price. Additionally, you may evaluate how the addition of Photocure to your portfolios can decrease your overall portfolio volatility.
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