Noram Drilling As Stock Fundamentals

TM9 Stock  EUR 3.10  0.01  0.32%   
NorAm Drilling AS fundamentals help investors to digest information that contributes to NorAm Drilling's financial success or failures. It also enables traders to predict the movement of NorAm Stock. The fundamental analysis module provides a way to measure NorAm Drilling'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 NorAm Drilling stock.
  
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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.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

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.
Competition

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.

NorAm Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NorAm Drilling's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NorAm Drilling could also be used in its relative valuation, which is a method of valuing NorAm Drilling by comparing valuation metrics of similar companies.
NorAm Drilling is currently under evaluation in return on equity category among its peers.

NorAm Fundamentals

About NorAm Drilling Fundamental Analysis

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

Currently Active Assets on Macroaxis

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.