NorAm Financial Statements From 2010 to 2024
| TM9 Stock | EUR 3.10 0.01 0.32% |
Check NorAm Drilling financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NorAm Drilling's main balance sheet or income statement drivers, such as , as well as many indicators such as . NorAm financial statements analysis is a perfect complement when working with NorAm Drilling Valuation or Volatility modules.
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NorAm Drilling AS Company Return On Equity Analysis
NorAm Drilling'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 NorAm Drilling Return On Equity | 11.03 |
Most of NorAm Drilling'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, NorAm Drilling AS 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.
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Based on the latest financial disclosure, NorAm Drilling AS has a Return On Equity of 11.03. This is 206.39% higher than that of the Consumer Cyclical sector and 39.97% higher than that of the Broadcasting - TV industry. The return on equity for all Germany stocks is notably lower than that of the firm.
NorAm Drilling AS Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining NorAm Drilling's current stock value. Our valuation model uses many indicators to compare NorAm Drilling value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NorAm Drilling competition to find correlations between indicators driving NorAm Drilling's intrinsic value. More Info.NorAm Drilling AS is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.27 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for NorAm Drilling AS is roughly 3.68 . 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 NorAm Drilling's earnings, one of the primary drivers of an investment's value.About NorAm Drilling Financial Statements
NorAm Drilling stakeholders use historical fundamental indicators, such as NorAm Drilling's revenue or net income, to determine how well the company is positioned to perform in the future. Although NorAm Drilling investors may analyze each financial statement separately, they are all interrelated. For example, changes in NorAm Drilling's assets and liabilities are reflected in the revenues and expenses on NorAm Drilling's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in NorAm Drilling AS. Please read more on our technical analysis and fundamental analysis pages.
Tribune Media Company, through its subsidiaries, operates as a diversified media and entertainment company in the United States. Tribune Media Company was founded in 1847 and is based in Chicago, Illinois. Tribune Media operates under Broadcasting - TV classification in Germany and is traded on Frankfurt Stock Exchange. It employs 5800 people.
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Other Information on Investing in NorAm Stock
NorAm Drilling financial ratios help investors to determine whether NorAm 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 NorAm with respect to the benefits of owning NorAm Drilling security.