Magnora Asa Stock Fundamentals

SVMRF Stock  USD 2.09  0.00  0.00%   
Magnora ASA fundamentals help investors to digest information that contributes to Magnora ASA's financial success or failures. It also enables traders to predict the movement of Magnora Pink Sheet. The fundamental analysis module provides a way to measure Magnora ASA'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 Magnora ASA pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Magnora ASA Company Return On Equity Analysis

Magnora ASA'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 Magnora ASA Return On Equity

    
  -0.27  
Most of Magnora ASA'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, Magnora ASA 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, Magnora ASA has a Return On Equity of -0.2744. This is 86.14% lower than that of the Energy sector and 98.42% lower than that of the Oil & Gas Equipment & Services industry. The return on equity for all United States stocks is 11.48% lower than that of the firm.

Magnora ASA Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Magnora ASA's current stock value. Our valuation model uses many indicators to compare Magnora ASA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Magnora ASA competition to find correlations between indicators driving Magnora ASA's intrinsic value. More Info.
Magnora ASA is currently regarded as top stock in return on equity category among related companies. It is currently regarded as top stock in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Magnora ASA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Magnora ASA's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Magnora ASA's earnings, one of the primary drivers of an investment's value.

Magnora Return On Equity Peer Comparison

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

Magnora Fundamentals

About Magnora ASA Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Magnora ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Magnora ASA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Magnora ASA 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.
Magnora ASA operates as a renewable energy development company. Magnora ASA was incorporated in 2001 and is based in Oslo, Norway. Sevan Marine is traded on OTC Exchange in the United States.

Currently Active Assets on Macroaxis

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Magnora ASA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.

Complementary Tools for Magnora Pink Sheet analysis

When running Magnora ASA's price analysis, check to measure Magnora ASA'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 Magnora ASA is operating at the current time. Most of Magnora ASA's value examination focuses on studying past and present price action to predict the probability of Magnora ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magnora ASA's price. Additionally, you may evaluate how the addition of Magnora ASA to your portfolios can decrease your overall portfolio volatility.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Money Managers
Screen money managers from public funds and ETFs managed around the world
Global Correlations
Find global opportunities by holding instruments from different markets
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Please note, there is a significant difference between Magnora ASA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magnora ASA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magnora ASA'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.