NCS Return On Equity from 2010 to 2024

NCSM Stock  USD 18.12  1.01  5.90%   
NCS Multistage Return On Equity yearly trend continues to be very stable with very little volatility. Return On Equity is likely to drop to -0.04. Return On Equity is a measure of the profitability of NCS Multistage Holdings in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
(0.03)
Current Value
(0.04)
Quarterly Volatility
0.34465774
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NCS Multistage financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NCS Multistage's main balance sheet or income statement drivers, such as Interest Income of 2.5 M, Depreciation And Amortization of 4.4 M or Interest Expense of 556.7 K, as well as many indicators such as Price To Sales Ratio of 0.29, Dividend Yield of 0.0 or PTB Ratio of 0.46. NCS financial statements analysis is a perfect complement when working with NCS Multistage Valuation or Volatility modules.
  
Check out the analysis of NCS Multistage Correlation against competitors.

Latest NCS Multistage's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of NCS Multistage Holdings over the last few years. Return on Equity is the amount of NCS Multistage Holdings net income returned as a percentage of NCS Multistage equity. Return on equity measures NCS Multistage profitability by revealing how much profit NCS Multistage Holdings generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. NCS Multistage's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NCS Multistage's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.1410 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

NCS Return On Equity Regression Statistics

Arithmetic Mean(0.07)
Geometric Mean0.09
Coefficient Of Variation(480.74)
Mean Deviation0.21
Median(0.01)
Standard Deviation0.34
Sample Variance0.12
Range1.3294
R-Value(0.34)
Mean Square Error0.11
R-Squared0.12
Significance0.21
Slope(0.03)
Total Sum of Squares1.66

NCS Return On Equity History

2024 -0.0361
2023 -0.0344
2022 -0.0105
2021 -0.0408
2020 -0.42
2019 -0.16
2018 -1.18

About NCS Multistage Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include NCS Multistage income statement, its balance sheet, and the statement of cash flows. NCS Multistage investors use historical funamental indicators, such as NCS Multistage's Return On Equity, to determine how well the company is positioned to perform in the future. Although NCS Multistage investors may use each financial statement separately, they are all related. The changes in NCS Multistage's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on NCS Multistage's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on NCS Multistage Financial Statements. Understanding these patterns can help to make the right decision on long term investment in NCS Multistage. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity(0.03)(0.04)

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Additional Information and Resources on Investing in NCS Stock

When determining whether NCS Multistage Holdings is a strong investment it is important to analyze NCS Multistage's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NCS Multistage's future performance. For an informed investment choice regarding NCS Stock, refer to the following important reports:
Check out the analysis of NCS Multistage Correlation against competitors.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NCS Multistage. If investors know NCS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NCS Multistage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
18.475
Earnings Share
5.65
Revenue Per Share
57.409
Quarterly Revenue Growth
0.007
Return On Assets
(0.02)
The market value of NCS Multistage Holdings is measured differently than its book value, which is the value of NCS that is recorded on the company's balance sheet. Investors also form their own opinion of NCS Multistage's value that differs from its market value or its book value, called intrinsic value, which is NCS Multistage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NCS Multistage's market value can be influenced by many factors that don't directly affect NCS Multistage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NCS Multistage's value and its price as these two are different measures arrived at by different means. Investors typically determine if NCS Multistage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NCS Multistage'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.