Neogames Financial Statements From 2010 to 2024
| NGMSDelisted Stock | USD 27.09 0.15 0.55% |
Check Neogames financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Neogames' main balance sheet or income statement drivers, such as , as well as many indicators such as . Neogames financial statements analysis is a perfect complement when working with Neogames Valuation or Volatility modules.
Neogames |
Neogames SA Company Return On Equity Analysis
Neogames' 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 Neogames Return On Equity | -0.13 |
Most of Neogames' 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, Neogames SA 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.
CompetitionBased on the latest financial disclosure, Neogames SA has a Return On Equity of -0.1302. This is 103.62% lower than that of the Hotels, Restaurants & Leisure sector and 99.69% lower than that of the Consumer Discretionary industry. The return on equity for all United States stocks is 58.0% lower than that of the firm.
Neogames SA Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Neogames's current stock value. Our valuation model uses many indicators to compare Neogames value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Neogames competition to find correlations between indicators driving Neogames's intrinsic value. More Info.Neogames SA is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Neogames by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About Neogames Financial Statements
Neogames shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Neogames investors may analyze each financial statement separately, they are all interrelated. The changes in Neogames' assets and liabilities, for example, are also reflected in the revenues and expenses on on Neogames' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
The company offers various technology platforms, a range of value-added services, and a game studio that provides a portfolio of draw based games and instant tickets through personal computers, smartphones, and handheld devices. The company was incorporated in 2014 and is headquartered in Tel Aviv, Israel. Neogames operates under Gambling classification in the United States and is traded on NASDAQ Exchange. It employs 154 people.
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Other Consideration for investing in Neogames Stock
If you are still planning to invest in Neogames SA check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Neogames' history and understand the potential risks before investing.
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