Norsk Hydro Asa Stock Price To Book
NHYKF Stock | USD 6.43 0.19 3.04% |
Norsk Hydro ASA fundamentals help investors to digest information that contributes to Norsk Hydro's financial success or failures. It also enables traders to predict the movement of Norsk OTC Stock. The fundamental analysis module provides a way to measure Norsk Hydro'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 Norsk Hydro otc stock.
Norsk |
Norsk Hydro ASA OTC Stock Price To Book Analysis
Norsk Hydro's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Norsk Hydro Price To Book | 1.49 X |
Most of Norsk Hydro's fundamental indicators, such as Price To Book, 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, Norsk Hydro ASA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Competition |
Based on the latest financial disclosure, Norsk Hydro ASA has a Price To Book of 1.4899 times. This is 87.77% lower than that of the Basic Materials sector and 84.66% lower than that of the Aluminum industry. The price to book for all United States stocks is 84.33% higher than that of the company.
Norsk Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Norsk Hydro's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Norsk Hydro could also be used in its relative valuation, which is a method of valuing Norsk Hydro by comparing valuation metrics of similar companies.Norsk Hydro is currently under evaluation in price to book category among related companies.
Norsk Fundamentals
Return On Equity | 0.34 | |||
Return On Asset | 0.19 | |||
Profit Margin | 0.15 % | |||
Operating Margin | 0.27 % | |||
Current Valuation | 13.97 B | |||
Shares Outstanding | 2.04 B | |||
Shares Owned By Insiders | 34.26 % | |||
Shares Owned By Institutions | 38.44 % | |||
Price To Earning | 24.12 X | |||
Price To Book | 1.49 X | |||
Price To Sales | 0.07 X | |||
Revenue | 149.65 B | |||
Gross Profit | 60.81 B | |||
EBITDA | 27.79 B | |||
Net Income | 12.16 B | |||
Cash And Equivalents | 28.36 B | |||
Cash Per Share | 13.82 X | |||
Total Debt | 31.88 B | |||
Debt To Equity | 0.28 % | |||
Current Ratio | 1.88 X | |||
Book Value Per Share | 52.21 X | |||
Cash Flow From Operations | 14.33 B | |||
Earnings Per Share | 1.48 X | |||
Price To Earnings To Growth | 0.57 X | |||
Number Of Employees | 31 K | |||
Beta | 1.4 | |||
Market Capitalization | 16.13 B | |||
Total Asset | 174.51 B | |||
Retained Earnings | 49.15 B | |||
Working Capital | 18.72 B | |||
Current Asset | 35.6 B | |||
Current Liabilities | 16.89 B | |||
Annual Yield | 0.04 % | |||
Five Year Return | 2.17 % | |||
Net Asset | 174.51 B | |||
Last Dividend Paid | 4.85 |
About Norsk Hydro Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Norsk Hydro ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Norsk Hydro using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Norsk Hydro ASA based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Norsk Hydro ASA. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Norsk OTC Stock analysis
When running Norsk Hydro's price analysis, check to measure Norsk Hydro'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 Norsk Hydro is operating at the current time. Most of Norsk Hydro's value examination focuses on studying past and present price action to predict the probability of Norsk Hydro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Norsk Hydro's price. Additionally, you may evaluate how the addition of Norsk Hydro to your portfolios can decrease your overall portfolio volatility.
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |