Nitto Denko Stock Return On Asset

NDEKF Stock  USD 89.55  0.95  1.05%   
Nitto Denko fundamentals help investors to digest information that contributes to Nitto Denko's financial success or failures. It also enables traders to predict the movement of Nitto Pink Sheet. The fundamental analysis module provides a way to measure Nitto Denko'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 Nitto Denko pink sheet.
  
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Nitto Denko Company Return On Asset Analysis

Nitto Denko's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Nitto Denko Return On Asset

    
  0.0886  
Most of Nitto Denko's fundamental indicators, such as Return On Asset, 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, Nitto Denko is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Based on the latest financial disclosure, Nitto Denko has a Return On Asset of 0.0886. This is 88.03% lower than that of the Basic Materials sector and 95.16% lower than that of the Specialty Chemicals industry. The return on asset for all United States stocks is 163.29% lower than that of the firm.

Nitto Return On Asset Peer Comparison

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

Nitto Fundamentals

About Nitto Denko Fundamental Analysis

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

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nitto Denko. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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When running Nitto Denko's price analysis, check to measure Nitto Denko'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 Nitto Denko is operating at the current time. Most of Nitto Denko's value examination focuses on studying past and present price action to predict the probability of Nitto Denko's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nitto Denko's price. Additionally, you may evaluate how the addition of Nitto Denko to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Nitto Denko's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nitto Denko is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nitto Denko's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.