Goodtech Stock Return On Equity
GOD Stock | NOK 14.35 0.65 4.74% |
Goodtech fundamentals help investors to digest information that contributes to Goodtech's financial success or failures. It also enables traders to predict the movement of Goodtech Stock. The fundamental analysis module provides a way to measure Goodtech'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 Goodtech stock.
Goodtech |
Goodtech Company Return On Equity Analysis
Goodtech'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 Goodtech Return On Equity | -0.0359 |
Most of Goodtech'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, Goodtech 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, Goodtech has a Return On Equity of -0.0359. This is 108.16% lower than that of the Machinery sector and 101.78% lower than that of the Industrials industry. The return on equity for all Norway stocks is 88.42% lower than that of the firm.
Goodtech Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Goodtech'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 Goodtech could also be used in its relative valuation, which is a method of valuing Goodtech by comparing valuation metrics of similar companies.Goodtech is currently under evaluation in return on equity category among related companies.
Goodtech Fundamentals
Return On Equity | -0.0359 | |||
Return On Asset | -0.0081 | |||
Profit Margin | (0.01) % | |||
Operating Margin | (0.01) % | |||
Current Valuation | 249.52 M | |||
Shares Outstanding | 26.48 M | |||
Shares Owned By Insiders | 61.14 % | |||
Shares Owned By Institutions | 3.29 % | |||
Price To Earning | (3.47) X | |||
Price To Book | 0.82 X | |||
Price To Sales | 0.35 X | |||
Revenue | 536.02 M | |||
Gross Profit | 334.87 M | |||
EBITDA | 6.08 M | |||
Net Income | (16.48 M) | |||
Cash And Equivalents | 88.72 M | |||
Cash Per Share | 2.26 X | |||
Total Debt | 38.33 M | |||
Debt To Equity | 18.80 % | |||
Current Ratio | 1.06 X | |||
Book Value Per Share | 9.67 X | |||
Cash Flow From Operations | 1.96 M | |||
Earnings Per Share | (0.45) X | |||
Target Price | 11.0 | |||
Number Of Employees | 316 | |||
Beta | 0.86 | |||
Market Capitalization | 216.83 M | |||
Total Asset | 517.11 M | |||
Retained Earnings | (81 M) | |||
Working Capital | 99 M | |||
Current Asset | 354 M | |||
Current Liabilities | 255 M | |||
Z Score | 4.0 | |||
Net Asset | 517.11 M |
About Goodtech Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Goodtech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Goodtech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Goodtech 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Goodtech in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Goodtech's short interest history, or implied volatility extrapolated from Goodtech options trading.
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goodtech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Goodtech information on this page should be used as a complementary analysis to other Goodtech's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Goodtech Stock analysis
When running Goodtech's price analysis, check to measure Goodtech'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 Goodtech is operating at the current time. Most of Goodtech's value examination focuses on studying past and present price action to predict the probability of Goodtech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goodtech's price. Additionally, you may evaluate how the addition of Goodtech to your portfolios can decrease your overall portfolio volatility.
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