Nl Industries Stock Return On Asset
| NL Stock | USD 7.81 0.09 1.14% |
NL Industries fundamentals help investors to digest information that contributes to NL Industries' financial success or failures. It also enables traders to predict the movement of NL Industries Stock. The fundamental analysis module provides a way to measure NL Industries' 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 NL Industries stock.
Return On Assets is expected to rise to -0.0037 this year. NL Industries | Return On Asset |
NL Industries Company Return On Asset Analysis
NL Industries' 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.
Current NL Industries Return On Asset | 0.0175 |
Most of NL Industries' 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, NL Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
NL Industries Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for NL Industries is extremely important. It helps to project a fair market value of NL Industries Stock properly, considering its historical fundamentals such as Return On Asset. Since NL Industries' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of NL Industries' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of NL Industries' interrelated accounts and indicators.
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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.
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NL Industries Total Assets
Total Assets |
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Based on the latest financial disclosure, NL Industries has a Return On Asset of 0.0175. This is 103.43% lower than that of the Commercial Services & Supplies sector and 100.3% lower than that of the Industrials industry. The return on asset for all United States stocks is 112.5% lower than that of the firm.
NL Industries Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NL Industries' 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 NL Industries could also be used in its relative valuation, which is a method of valuing NL Industries by comparing valuation metrics of similar companies.NL Industries is currently under evaluation in return on asset category among related companies.
NL Industries Fundamentals
| Return On Equity | 0.0015 | ||||
| Return On Asset | 0.0175 | ||||
| Profit Margin | (0.01) % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 239.17 M | ||||
| Shares Outstanding | 48.83 M | ||||
| Shares Owned By Insiders | 82.99 % | ||||
| Shares Owned By Institutions | 11.84 % | ||||
| Number Of Shares Shorted | 117.38 K | ||||
| Price To Earning | 22.67 X | ||||
| Price To Book | 1.05 X | ||||
| Price To Sales | 2.40 X | ||||
| Revenue | 161.29 M | ||||
| Gross Profit | 48.8 M | ||||
| EBITDA | 23.1 M | ||||
| Net Income | (2.31 M) | ||||
| Cash And Equivalents | 68.87 M | ||||
| Cash Per Share | 3.10 X | ||||
| Total Debt | 500 K | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 6.63 X | ||||
| Book Value Per Share | 7.57 X | ||||
| Cash Flow From Operations | 37 M | ||||
| Short Ratio | 3.10 X | ||||
| Earnings Per Share | (0.05) X | ||||
| Price To Earnings To Growth | (0.42) X | ||||
| Target Price | 5.0 | ||||
| Number Of Employees | 2.75 K | ||||
| Beta | 0.71 | ||||
| Market Capitalization | 381.39 M | ||||
| Total Asset | 600.2 M | ||||
| Retained Earnings | 284.46 M | ||||
| Working Capital | 187.81 M | ||||
| Current Asset | 124.76 M | ||||
| Current Liabilities | 24.01 M | ||||
| Annual Yield | 0.04 % | ||||
| Net Asset | 600.2 M | ||||
| Last Dividend Paid | 0.28 |
About NL Industries Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NL Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NL Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NL Industries 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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Try AI Portfolio ArchitectCheck out NL Industries Piotroski F Score and NL Industries Altman Z Score analysis. For more information on how to buy NL Industries Stock please use our How to buy in NL Industries Stock guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for NL Industries Stock analysis
When running NL Industries' price analysis, check to measure NL Industries' 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 NL Industries is operating at the current time. Most of NL Industries' value examination focuses on studying past and present price action to predict the probability of NL Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NL Industries' price. Additionally, you may evaluate how the addition of NL Industries to your portfolios can decrease your overall portfolio volatility.
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Is NL Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NL Industries. If investors know NL Industries will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NL Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.382 | Dividend Share 0.28 | Earnings Share (0.05) | Revenue Per Share 3.303 | Quarterly Revenue Growth 0.08 |
The market value of NL Industries is measured differently than its book value, which is the value of NL Industries that is recorded on the company's balance sheet. Investors also form their own opinion of NL Industries' value that differs from its market value or its book value, called intrinsic value, which is NL Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NL Industries' market value can be influenced by many factors that don't directly affect NL Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NL Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if NL Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NL Industries' 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.