NOVATECH Financials
| 285490 Stock | KRW 14,550 110.00 0.75% |
NOVATECH |
Understanding current and past NOVATECH Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of NOVATECH's financial statements are interrelated, with each one affecting the others. For example, an increase in NOVATECH's assets may result in an increase in income on the income statement.
Please note, the presentation of NOVATECH's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, NOVATECH's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of NOVATECH's management manipulating its earnings.
NOVATECH Stock Summary
NOVATECH competes with LG Household, Chorokbaem Healthcare, BNK Financial, Woorim Machinery, and CKH Food. Novatech Co., Ltd., together with its subsidiaries, engages in the design, manufacture, and sale of magnet and magnet applications in South Korea. Novatech Co., Ltd. was founded in 2007 and is headquartered in Yongin, South Korea. NOVATECH is traded on Korean Securities Dealers Automated Quotations in South Korea.| Instrument | Korea Stock View All |
| Exchange | KOSDAQ |
| ISIN | KR7285490009 |
| Business Address | U tower, Yongin-Si, |
| Sector | Industrials |
| Industry | Electrical Equipment |
| Benchmark | Dow Jones Industrial |
| Website | www.novatek.co.kr |
| Phone | 82 3 1627 5290 |
| Currency | KRW - South Korean Won |
You should never invest in NOVATECH without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of NOVATECH Stock, because this is throwing your money away. Analyzing the key information contained in NOVATECH's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
NOVATECH Key Financial Ratios
NOVATECH's financial ratios allow both analysts and investors to convert raw data from NOVATECH's financial statements into concise, actionable information that can be used to evaluate the performance of NOVATECH over time and compare it to other companies across industries.| Return On Equity | 20.13 | |||
| Return On Asset | 0.27 | |||
| Target Price | 50000.0 | |||
| Number Of Employees | 40 | |||
| Beta | 1.1 |
NOVATECH Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining NOVATECH's current stock value. Our valuation model uses many indicators to compare NOVATECH value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NOVATECH competition to find correlations between indicators driving NOVATECH's intrinsic value. More Info.NOVATECH Co is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.01 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for NOVATECH Co is roughly 75.69 . Comparative valuation analysis is a catch-all model that can be used if you cannot value NOVATECH by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for NOVATECH's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.NOVATECH Systematic Risk
NOVATECH's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. NOVATECH volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on NOVATECH correlated with the market. If Beta is less than 0 NOVATECH generally moves in the opposite direction as compared to the market. If NOVATECH Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NOVATECH is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NOVATECH is generally in the same direction as the market. If Beta > 1 NOVATECH moves generally in the same direction as, but more than the movement of the benchmark.
NOVATECH January 3, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of NOVATECH help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of NOVATECH Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of NOVATECH Co based on widely used predictive technical indicators. In general, we focus on analyzing NOVATECH Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NOVATECH's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.87 | |||
| Information Ratio | 0.0581 | |||
| Maximum Drawdown | 31.38 | |||
| Value At Risk | (5.37) | |||
| Potential Upside | 8.59 |
Complementary Tools for NOVATECH Stock analysis
When running NOVATECH's price analysis, check to measure NOVATECH's 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 NOVATECH is operating at the current time. Most of NOVATECH's value examination focuses on studying past and present price action to predict the probability of NOVATECH's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NOVATECH's price. Additionally, you may evaluate how the addition of NOVATECH to your portfolios can decrease your overall portfolio volatility.
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