Norcros Financial Statements From 2010 to 2025
| NXR Stock | 312.00 6.00 1.96% |
Check Norcros Plc financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Norcros Plc's main balance sheet or income statement drivers, such as , as well as many indicators such as . Norcros financial statements analysis is a perfect complement when working with Norcros Plc Valuation or Volatility modules.
Norcros |
Norcros Plc Company Return On Equity Analysis
Norcros Plc'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 Norcros Plc Return On Equity | 0.0976 |
Most of Norcros Plc'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, Norcros Plc 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, Norcros Plc has a Return On Equity of 0.0976. This is 77.82% lower than that of the Building Products sector and significantly higher than that of the Industrials industry. The return on equity for all United Kingdom stocks is 131.48% lower than that of the firm.
Norcros Plc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Norcros Plc's current stock value. Our valuation model uses many indicators to compare Norcros Plc value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Norcros Plc competition to find correlations between indicators driving Norcros Plc's intrinsic value. More Info.Norcros Plc is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.70 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Norcros Plc is roughly 1.43 . 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 Norcros Plc's earnings, one of the primary drivers of an investment's value.About Norcros Plc Financial Statements
Norcros Plc stakeholders use historical fundamental indicators, such as Norcros Plc's revenue or net income, to determine how well the company is positioned to perform in the future. Although Norcros Plc investors may analyze each financial statement separately, they are all interrelated. For example, changes in Norcros Plc's assets and liabilities are reflected in the revenues and expenses on Norcros Plc'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 Norcros Plc. Please read more on our technical analysis and fundamental analysis pages.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Norcros Stock
Norcros Plc financial ratios help investors to determine whether Norcros 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 Norcros with respect to the benefits of owning Norcros Plc security.