Storebrand Financial Statements From 2010 to 2024
| STB Stock | NOK 106.70 0.30 0.28% |
Check Storebrand ASA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Storebrand main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Storebrand financial statements analysis is a perfect complement when working with Storebrand ASA Valuation or Volatility modules.
Storebrand |
Storebrand ASA Company Return On Equity Analysis
Storebrand 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.
Current Storebrand ASA Return On Equity | 0.0632 |
Most of Storebrand 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, Storebrand 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, Storebrand ASA has a Return On Equity of 0.0632. This is 95.64% lower than that of the Insurance sector and 101.91% lower than that of the Financials industry. The return on equity for all Norway stocks is 120.39% lower than that of the firm.
Storebrand ASA Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Storebrand ASA's current stock value. Our valuation model uses many indicators to compare Storebrand ASA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Storebrand ASA competition to find correlations between indicators driving Storebrand ASA's intrinsic value. More Info.Storebrand 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 reporting about 0.04 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Storebrand ASA is roughly 22.57 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Storebrand ASA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Storebrand ASA's Stock. 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 Storebrand ASA's earnings, one of the primary drivers of an investment's value.About Storebrand ASA Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Storebrand ASA income statement, its balance sheet, and the statement of cash flows. Storebrand ASA investors use historical funamental indicators, such as Storebrand ASA's revenue or net income, to determine how well the company is positioned to perform in the future. Although Storebrand ASA investors may use each financial statement separately, they are all related. The changes in Storebrand ASA's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Storebrand ASA'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 Storebrand ASA Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Storebrand ASA. Please read more on our technical analysis and fundamental analysis pages.
Storebrand ASA, through its subsidiaries, primarily provides insurance products and services for private individuals, companies, municipalities, and public sector in Norway and Sweden. Storebrand ASA was founded in 1767 and is headquartered in Lysaker, Norway. STOREBRAND ASA operates under Insurance - General classification in Norway and is traded on Oslo Stock Exchange. It employs 1789 people.
Currently Active Assets on Macroaxis
Check out the analysis of Storebrand ASA Correlation against competitors. Note that the Storebrand ASA information on this page should be used as a complementary analysis to other Storebrand ASA'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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Storebrand Stock analysis
When running Storebrand ASA's price analysis, check to measure Storebrand 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 Storebrand ASA is operating at the current time. Most of Storebrand ASA's value examination focuses on studying past and present price action to predict the probability of Storebrand 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 Storebrand ASA's price. Additionally, you may evaluate how the addition of Storebrand ASA to your portfolios can decrease your overall portfolio volatility.
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