Nekkar Asa Stock Book Value Per Share

NKR Stock  NOK 9.18  0.32  3.37%   
Nekkar Asa fundamentals help investors to digest information that contributes to Nekkar Asa's financial success or failures. It also enables traders to predict the movement of Nekkar Stock. The fundamental analysis module provides a way to measure Nekkar Asa'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 Nekkar Asa 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.

Nekkar Asa Company Book Value Per Share Analysis

Nekkar Asa's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Book Value per Share

 = 

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current Nekkar Asa Book Value Per Share

    
  2.99 X  
Most of Nekkar Asa's fundamental indicators, such as Book Value Per Share, 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, Nekkar Asa is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Competition

In accordance with the recently published financial statements, the book value per share of Nekkar Asa is about 2.986 times. This is 99.99% lower than that of the Industrials sector and significantly higher than that of the Specialty Industrial Machinery industry. The book value per share for all Norway stocks is 99.85% higher than that of the company.

Nekkar Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nekkar Asa's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nekkar Asa could also be used in its relative valuation, which is a method of valuing Nekkar Asa by comparing valuation metrics of similar companies.
Nekkar Asa is considered to be number one stock in book value per share category among related companies.

Nekkar Fundamentals

About Nekkar Asa Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nekkar Asa's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nekkar Asa using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nekkar Asa 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.

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nekkar Asa. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary Tools for Nekkar Stock analysis

When running Nekkar Asa's price analysis, check to measure Nekkar Asa'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 Nekkar Asa is operating at the current time. Most of Nekkar Asa's value examination focuses on studying past and present price action to predict the probability of Nekkar Asa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nekkar Asa's price. Additionally, you may evaluate how the addition of Nekkar Asa to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Nekkar Asa's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nekkar Asa is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nekkar Asa's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.