Nationwide Fund Financial Statements From 2010 to 2024

NWFAX Fund  USD 30.80  0.09  0.29%   
Nationwide Fund financial statements provide useful quarterly and yearly information to potential Nationwide Fund Class investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Nationwide Fund financial statements helps investors assess Nationwide Fund's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Nationwide Fund's valuation are summarized below:
Nationwide Fund Class does not presently have any fundamental ratios for analysis.
Check Nationwide Fund financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nationwide main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Nationwide financial statements analysis is a perfect complement when working with Nationwide Fund Valuation or Volatility modules.
  
This module can also supplement various Nationwide Fund Technical models . Check out the analysis of Nationwide Fund Correlation against competitors.

Nationwide Fund Class Mutual Fund Price To Earning Analysis

Nationwide Fund's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

P/E

 = 

Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current Nationwide Fund Price To Earning

    
  2.42 X  
Most of Nationwide Fund's fundamental indicators, such as Price To Earning, 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, Nationwide Fund Class is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Competition

Based on the latest financial disclosure, Nationwide Fund Class has a Price To Earning of 2.42 times. This is much higher than that of the Nationwide family and significantly higher than that of the Large Blend category. The price to earning for all United States funds is notably lower than that of the firm.

Nationwide Fund Class Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Nationwide Fund's current stock value. Our valuation model uses many indicators to compare Nationwide Fund value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nationwide Fund competition to find correlations between indicators driving Nationwide Fund's intrinsic value. More Info.
Nationwide Fund Class is number one fund in price to earning among similar funds. It is number one fund in price to book among similar funds fabricating about  1.12  of Price To Book per Price To Earning. Comparative valuation analysis is a catch-all model that can be used if you cannot value Nationwide Fund by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nationwide Fund's Mutual Fund. 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 Nationwide Fund's earnings, one of the primary drivers of an investment's value.

About Nationwide Fund Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Nationwide Fund income statement, its balance sheet, and the statement of cash flows. Nationwide Fund investors use historical funamental indicators, such as Nationwide Fund's revenue or net income, to determine how well the company is positioned to perform in the future. Although Nationwide Fund investors may use each financial statement separately, they are all related. The changes in Nationwide Fund's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Nationwide Fund'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 Nationwide Fund Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Nationwide Fund. Please read more on our technical analysis and fundamental analysis pages.
The fund invests in a diversified portfolio of common stocks to produce an overall blended equity portfolio consisting of various types of stocks that the subadviser believes offer the potential for capital growth andor dividend income. Most of the stocks in which the fund invests are issued by large-capitalization companies. The subadviser employs a bottom-up approach to selecting securities, emphasizing those that the advisor believes to represent above-average potential for total return, based on fundamental research and analysis.

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Check out the analysis of Nationwide Fund Correlation against competitors.
Note that the Nationwide Fund Class information on this page should be used as a complementary analysis to other Nationwide Fund'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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Please note, there is a significant difference between Nationwide Fund's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nationwide Fund is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nationwide Fund'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.