Electromagnetic Geoservices Asa Stock Return On Equity
EMGS Stock | NOK 2.28 0.08 3.64% |
Electromagnetic Geoservices ASA fundamentals help investors to digest information that contributes to Electromagnetic Geoservices' financial success or failures. It also enables traders to predict the movement of Electromagnetic Stock. The fundamental analysis module provides a way to measure Electromagnetic Geoservices' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Electromagnetic Geoservices stock.
Electromagnetic |
Electromagnetic Geoservices ASA Company Return On Equity Analysis
Electromagnetic Geoservices' 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 Electromagnetic Geoservices Return On Equity | 0.36 |
Most of Electromagnetic Geoservices' 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, Electromagnetic Geoservices 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, Electromagnetic Geoservices ASA has a Return On Equity of 0.363. This is 118.33% lower than that of the Energy Equipment & Services sector and 102.08% lower than that of the Energy industry. The return on equity for all Norway stocks is notably lower than that of the firm.
Electromagnetic Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Electromagnetic Geoservices' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Electromagnetic Geoservices could also be used in its relative valuation, which is a method of valuing Electromagnetic Geoservices by comparing valuation metrics of similar companies.Electromagnetic Geoservices is currently under evaluation in return on equity category among related companies.
Electromagnetic Fundamentals
Return On Equity | 0.36 | |||
Return On Asset | 0.2 | |||
Profit Margin | 0.32 % | |||
Operating Margin | 0.37 % | |||
Current Valuation | 427.74 M | |||
Shares Outstanding | 130.97 M | |||
Shares Owned By Insiders | 58.87 % | |||
Price To Earning | (2.24) X | |||
Price To Book | 12.73 X | |||
Price To Sales | 8.59 X | |||
Revenue | 28.87 M | |||
Gross Profit | 30.74 M | |||
EBITDA | 20.31 M | |||
Net Income | 4.92 M | |||
Cash And Equivalents | 9.86 M | |||
Cash Per Share | 0.04 X | |||
Total Debt | 24.68 M | |||
Debt To Equity | 941.90 % | |||
Current Ratio | 0.77 X | |||
Book Value Per Share | 0.07 X | |||
Cash Flow From Operations | 23.62 M | |||
Earnings Per Share | 0.46 X | |||
Target Price | 0.23 | |||
Number Of Employees | 35 | |||
Beta | 2.21 | |||
Market Capitalization | 523.23 M | |||
Total Asset | 40.16 M | |||
Retained Earnings | (250 M) | |||
Working Capital | 31 M | |||
Current Asset | 59 M | |||
Current Liabilities | 28 M | |||
Z Score | 4.2 | |||
Net Asset | 40.16 M |
About Electromagnetic Geoservices Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Electromagnetic Geoservices ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Electromagnetic Geoservices using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Electromagnetic Geoservices ASA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Electromagnetic Geoservices
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Electromagnetic Geoservices position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Electromagnetic Geoservices will appreciate offsetting losses from the drop in the long position's value.Moving against Electromagnetic Stock
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0.67 | SPOG | Sparebanken Ost Earnings Call This Week | PairCorr |
0.67 | MELG | Melhus Sparebank Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Electromagnetic Geoservices could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Electromagnetic Geoservices when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Electromagnetic Geoservices - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Electromagnetic Geoservices ASA to buy it.
The correlation of Electromagnetic Geoservices is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Electromagnetic Geoservices moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Electromagnetic Geoservices moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Electromagnetic Geoservices can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electromagnetic Geoservices ASA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Electromagnetic Stock analysis
When running Electromagnetic Geoservices' price analysis, check to measure Electromagnetic Geoservices' 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 Electromagnetic Geoservices is operating at the current time. Most of Electromagnetic Geoservices' value examination focuses on studying past and present price action to predict the probability of Electromagnetic Geoservices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electromagnetic Geoservices' price. Additionally, you may evaluate how the addition of Electromagnetic Geoservices to your portfolios can decrease your overall portfolio volatility.
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