Nordic Financials Asa Stock Cash 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 Cash Per Share Analysis

Nordic Financials' Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Cash Per Share

 = 

Total Cash

Average Shares

More About Cash Per Share | All Equity Analysis

Current Nordic Financials Cash Per Share

    
  0.03 X  
Most of Nordic Financials' fundamental indicators, such as Cash 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.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Competition
In accordance with the recently published financial statements, Nordic Financials ASA has a Cash Per Share of 0.03 times. This is much higher than that of the sector and significantly higher than that of the Cash Per Share industry. The cash per share for all Norway stocks is notably lower than that of the firm.

Nordic Cash 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 Cash 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 regarded fifth in cash 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.