NORVA.ST
Price:
$36
Market Cap:
$7.16B
Norva24 Group AB (Publ) provides underground infrastructure maintenance services in Northern Europe. The company offers emptying services, such as emptying and inspection of fat/oil separators, underground tanks, and sand traps, as well as sludge drainage; pipe services comprising pressure testing of pipes and pipe inspection, pipe relining and point repair, leak detection, and pipe cleaning of clogged water and waste pipes; and pressure washing services. As of September 30, 2021, it operated 66 branches across Norway, Germany, Sweden, and Denmark. The company was founded in 1919 and is headquartered in Stryn, Norway.
Industry
Waste Management
IPO Date
2021-12-09
Stock Exchange
STO
Ticker
NORVA.ST
According to Norva24 Group AB (Publ)’s latest financial reports and current stock price. The company's current ROE is 6.95%. This represents a change of 248.93% compared to the average of 1.99% of the last 4 quarters.
The mean historical ROE of Norva24 Group AB (Publ) over the last ten years is 5.19%. The current 6.95% ROE has changed 33.77% with respect to the historical average. Over the past ten years (40 quarters), NORVA.ST's ROE was at its highest in in the December 2020 quarter at 6.16%. The ROE was at its lowest in in the March 2021 quarter at -0.78%.
Average
5.19%
Median
7.89%
Minimum
-9.36%
Maximum
16.28%
Discovering the peaks and valleys of Norva24 Group AB (Publ) ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 51.92%
Maximum Annual ROE = 16.28%
Minimum Annual Increase = -231.22%
Minimum Annual ROE = -9.36%
| Year | ROE | Change |
|---|---|---|
| 2024 | 7.71% | -29.52% |
| 2023 | 10.94% | 35.67% |
| 2022 | 8.07% | 51.92% |
| 2021 | 5.31% | -67.38% |
| 2020 | 16.28% | 49.98% |
| 2019 | 10.85% | -231.22% |
| 2018 | -8.27% | -11.59% |
The current ROE of Norva24 Group AB (Publ) (NORVA.ST) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
8.91%
5-year avg
9.66%
10-year avg
5.19%
Norva24 Group AB (Publ)’s ROE is less than Concentric AB (publ) (19.62%), less than Nordic Waterproofing Holding AB (publ) (10.79%), greater than Kollect on Demand Holding AB (publ) (-13.37%), greater than Modern Ekonomi Sverige Holding AB (publ) (-1.50%), less than Projektengagemang Sweden AB (publ) (1.34%), less than Jetpak Top Holding AB (publ) (4.54%), less than Christian Berner Tech Trade AB (publ) (22.31%), less than HAKI Safety AB (publ) (6.05%), greater than Serneke Group AB (publ) (-9.90%), less than Job Solution Sweden Holding AB (publ) (14.08%),
| Company | ROE | Market cap |
|---|---|---|
| 19.62% | $8.54B | |
| 10.79% | $4.38B | |
| -13.37% | $132.46M | |
| -1.50% | $147.74M | |
| 1.34% | $370.47M | |
| 4.54% | $1.26B | |
| 22.31% | $637.23M | |
| 6.05% | $577.45M | |
| -9.90% | $801.79M | |
| 14.08% | $150.55M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Norva24 Group AB (Publ) using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Norva24 Group AB (Publ) or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the ROE?
How can you use the ROE?
What is Norva24 Group AB (Publ)'s ROE?
How is the ROE calculated for Norva24 Group AB (Publ) (NORVA.ST)?
What is the highest ROE for Norva24 Group AB (Publ) (NORVA.ST)?
What is the 3-year average ROE for Norva24 Group AB (Publ) (NORVA.ST)?
What is the 5-year average ROE for Norva24 Group AB (Publ) (NORVA.ST)?
How does the current ROE for Norva24 Group AB (Publ) (NORVA.ST) compare to its historical average?