Nordic Financials Asa Stock Book Value Per Share

NOFIN Stock  NOK 0.01  0.0002  1.64%   
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Nordic Financials' long-term financial health and intrinsic value.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Nordic Financials ASA Company Book Value Per Share Analysis

Nordic Financials' Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Book Value per Share

 = 

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current Nordic Financials Book Value Per Share

    
  0.22 X  
Most of Nordic Financials' fundamental indicators, such as Book Value Per Share, 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, Nordic Financials ASA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Competition
In accordance with the recently published financial statements, the book value per share of Nordic Financials ASA is about 0.22 times. This is much higher than that of the sector and significantly higher than that of the Book Value Per Share industry. The book value per share for all Norway stocks is notably lower than that of the firm.

Nordic Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nordic Financials' direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nordic Financials could also be used in its relative valuation, which is a method of valuing Nordic Financials by comparing valuation metrics of similar companies.
Nordic Financials is currently under evaluation in book value per share category among its peers.

Nordic Fundamentals

About Nordic Financials Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nordic Financials ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nordic Financials using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nordic Financials 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.

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Other Information on Investing in Nordic Stock

Nordic Financials financial ratios help investors to determine whether Nordic Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nordic with respect to the benefits of owning Nordic Financials security.