Nitto Financial Statements From 2010 to 2024
| NDEKY Stock | USD 39.08 0.25 0.64% |
Check Nitto Denko financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nitto Denko's main balance sheet or income statement drivers, such as , as well as many indicators such as . Nitto financial statements analysis is a perfect complement when working with Nitto Denko Valuation or Volatility modules.
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Nitto Denko Corp Company Return On Equity Analysis
Nitto Denko'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.
Current Nitto Denko Return On Equity | 0.14 |
Most of Nitto Denko'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, Nitto Denko Corp 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.
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Based on the latest financial disclosure, Nitto Denko Corp has a Return On Equity of 0.1376. This is 84.88% lower than that of the Basic Materials sector and 97.66% lower than that of the Specialty Chemicals industry. The return on equity for all United States stocks is 144.39% lower than that of the firm.
Nitto Denko Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nitto Denko's current stock value. Our valuation model uses many indicators to compare Nitto Denko value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nitto Denko competition to find correlations between indicators driving Nitto Denko's intrinsic value. More Info.Nitto Denko Corp is regarded second in return on equity category among its peers. It is considered to be number one stock in return on asset category among its peers reporting about 0.64 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Nitto Denko Corp is roughly 1.55 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nitto Denko by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nitto Denko'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.About Nitto Denko Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Nitto Denko income statement, its balance sheet, and the statement of cash flows. Nitto Denko investors use historical funamental indicators, such as Nitto Denko's revenue or net income, to determine how well the company is positioned to perform in the future. Although Nitto Denko investors may use each financial statement separately, they are all related. The changes in Nitto Denko's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Nitto Denko'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 Nitto Denko Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Nitto Denko. Please read more on our technical analysis and fundamental analysis pages.
Nitto Denko Corporation primarily engages in the adhesive tapes business in Japan and internationally. Nitto Denko Corporation was incorporated in 1918 and is headquartered in Osaka, Japan. Nitto Denko operates under Specialty Chemicals classification in the United States and is traded on OTC Exchange. It employs 25961 people.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Nitto Pink Sheet Analysis
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.