New Millennium Iron Stock Current Valuation
| 36N Stock | EUR 6.65 0.05 0.76% |
Valuation analysis of NEW MILLENNIUM IRON helps investors to measure NEW MILLENNIUM's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Fairly Valued
Today
Please note that NEW MILLENNIUM's price fluctuation is somewhat reliable at this time. Calculation of the real value of NEW MILLENNIUM IRON is based on 3 months time horizon. Increasing NEW MILLENNIUM's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the NEW stock is determined by what a typical buyer is willing to pay for full or partial control of NEW MILLENNIUM IRON. Since NEW MILLENNIUM is currently traded on the exchange, buyers and sellers on that exchange determine the market value of NEW Stock. However, NEW MILLENNIUM's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 6.65 | Real 6.63 | Hype 6.65 |
The real value of NEW Stock, also known as its intrinsic value, is the underlying worth of NEW MILLENNIUM IRON Company, which is reflected in its stock price. It is based on NEW MILLENNIUM's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of NEW MILLENNIUM's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of NEW MILLENNIUM IRON helps investors to forecast how NEW stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of NEW MILLENNIUM more accurately as focusing exclusively on NEW MILLENNIUM's fundamentals will not take into account other important factors: NEW MILLENNIUM IRON Company Current Valuation Analysis
NEW MILLENNIUM's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current NEW MILLENNIUM Current Valuation | 134.11 M |
Most of NEW MILLENNIUM's fundamental indicators, such as Current Valuation, 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, NEW MILLENNIUM IRON is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, NEW MILLENNIUM IRON has a Current Valuation of 134.11 M. This is much higher than that of the sector and significantly higher than that of the Other industry. The current valuation for all Germany stocks is notably lower than that of the firm.
NEW Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NEW MILLENNIUM's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NEW MILLENNIUM could also be used in its relative valuation, which is a method of valuing NEW MILLENNIUM by comparing valuation metrics of similar companies.NEW MILLENNIUM is currently under evaluation in current valuation category among its peers.
NEW Fundamentals
| Current Valuation | 134.11 M | |||
| Price To Book | 10.39 X | |||
| EBITDA | (12.91 M) | |||
| Net Income | (11.93 M) | |||
| Cash Flow From Operations | (10.96 M) | |||
| Number Of Employees | 25 | |||
| Total Asset | 29.29 M | |||
| Net Asset | 29.29 M |
About NEW MILLENNIUM Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NEW MILLENNIUM IRON's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NEW MILLENNIUM using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NEW MILLENNIUM IRON 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in NEW Stock
NEW MILLENNIUM financial ratios help investors to determine whether NEW 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 NEW with respect to the benefits of owning NEW MILLENNIUM security.