Nova Banka AD (XBLB:NOVB-R-E) ROCE %: % (As of Dec. 2024)

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Director of Data and Quant Analytics at GuruFocus
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What is Nova Banka AD ROCE %?

Nova Banka AD XBLB:NOVB-R-E ROCE % is % as of Dec. 2024.

ROCE % does not apply to banks and insurance companies.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of % mean?
Nova Banka AD (XBLB:NOVB-R-E) has a ROCE % of % as of Dec. 2024.
Is Nova Banka AD's ROCE % too high?
Nova Banka AD's current ROCE % is %.
How does Nova Banka AD's ROCE % compare to competitors?
Nova Banka AD's ROCE % of % can be compared against companies in the Banks industry. The industry median ROCE % is 3.22. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Banks company?
The median ROCE % among Banks companies is 3.22, based on 47 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Banks industry, the median ROCE % is 3.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nova Banka AD's current ROCE % is %. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova Banka AD stock overvalued right now?
Nova Banka AD (XBLB:NOVB-R-E) has a current ROCE % of %. The current ROCE % is %. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Nova Banka AD (XBLB:NOVB-R-E), the current ROCE % is % as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nova Banka AD Business Description

Address 37A Kralja Alfonsa XIII Street, Banja Luka, BIH, 78 000
Nova Banka AD is engaged in providing banking services. The services include loans, documentary work, deposits and savings, payment transactions and money transfers, and currency exchange transactions. The bank also provides non-banking activities such as broker operations, custody operations, factoring, and forfeiting. Its operating segments include Corporate, Retail, Financial market, and others.