New Fortress Energy Stock Net Income
| NFE Stock | USD 16.29 0.37 2.32% |
New Fortress Energy fundamentals help investors to digest information that contributes to New Fortress' financial success or failures. It also enables traders to predict the movement of New Stock. The fundamental analysis module provides a way to measure New Fortress' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to New Fortress stock.
| Last Reported | Projected for Next Year | ||
| Net Income From Continuing Ops | 459.8 M | 482.8 M | |
| Net Income Applicable To Common Shares | 223.7 M | 234.8 M | |
| Net Income | 630.1 M | 661.6 M | |
| Net Income Per Share | 2.39 | 2.51 | |
| Net Income Per E B T | 0.74 | 0.99 |
New | Net Income |
New Fortress Energy Company Net Income Analysis
New Fortress' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current New Fortress Net Income | 547.88 M |
Most of New Fortress' fundamental indicators, such as Net Income, 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 Fortress Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
New Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for New Fortress is extremely important. It helps to project a fair market value of New Stock properly, considering its historical fundamentals such as Net Income. Since New Fortress' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of New Fortress' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of New Fortress' interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
New Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, New Fortress Energy reported net income of 547.88 M. This is 159.02% higher than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The net income for all United States stocks is 4.05% higher than that of the company.
New Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses New Fortress' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of New Fortress could also be used in its relative valuation, which is a method of valuing New Fortress by comparing valuation metrics of similar companies.New Fortress is currently under evaluation in net income category among its peers.
New Fortress Current Valuation Drivers
We derive many important indicators used in calculating different scores of New Fortress from analyzing New Fortress' financial statements. These drivers represent accounts that assess New Fortress' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of New Fortress' important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 5.7B | 4.8B | 8.9B | 7.8B | 7.0B | 7.3B | |
| Enterprise Value | 6.5B | 8.7B | 13.1B | 15.0B | 13.5B | 14.2B |
New Fortress ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, New Fortress' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to New Fortress' managers, analysts, and investors.Environmental | Governance | Social |
New Fortress Institutional Holders
Institutional Holdings refers to the ownership stake in New Fortress that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of New Fortress' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing New Fortress' value.| Shares | Federated Hermes Inc | 2024-09-30 | 2.1 M | Hite Hedge Asset Management Mlp | 2024-09-30 | 1.9 M | American Assets Capital Advisers, Llc | 2024-09-30 | 1.6 M | Wells Fargo & Co | 2024-09-30 | 1.3 M | State Street Corp | 2024-09-30 | 1.2 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.1 M | Mirae Asset Global Etfs Holdings Ltd. | 2024-09-30 | 1.1 M | Geode Capital Management, Llc | 2024-09-30 | 1.1 M | Kailix Advisors Llc | 2024-09-30 | 851.4 K | Great Mountain Partners Llc | 2024-09-30 | 25.6 M | Fortress Investment Group Llc | 2024-09-30 | 13.4 M |
New Fundamentals
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0456 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.15 % | ||||
| Current Valuation | 12.88 B | ||||
| Shares Outstanding | 267.12 M | ||||
| Shares Owned By Insiders | 40.04 % | ||||
| Shares Owned By Institutions | 50.53 % | ||||
| Number Of Shares Shorted | 35.12 M | ||||
| Price To Earning | 52.19 X | ||||
| Price To Book | 2.78 X | ||||
| Price To Sales | 1.80 X | ||||
| Revenue | 2.41 B | ||||
| Gross Profit | 1.28 B | ||||
| EBITDA | 1.11 B | ||||
| Net Income | 547.88 M | ||||
| Cash And Equivalents | 138.33 M | ||||
| Cash Per Share | 0.67 X | ||||
| Total Debt | 7.37 B | ||||
| Debt To Equity | 2.19 % | ||||
| Current Ratio | 1.24 X | ||||
| Book Value Per Share | 7.61 X | ||||
| Cash Flow From Operations | 824.76 M | ||||
| Short Ratio | 6.03 X | ||||
| Earnings Per Share | 0.93 X | ||||
| Price To Earnings To Growth | 26.52 X | ||||
| Target Price | 19.86 | ||||
| Number Of Employees | 677 | ||||
| Beta | 1.51 | ||||
| Market Capitalization | 4.35 B | ||||
| Total Asset | 10.5 B | ||||
| Retained Earnings | 527.99 M | ||||
| Working Capital | (726.32 M) | ||||
| Current Asset | 173.43 M | ||||
| Current Liabilities | 103.85 M | ||||
| Annual Yield | 0.03 % | ||||
| Net Asset | 10.5 B | ||||
| Last Dividend Paid | 0.4 |
About New Fortress Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze New Fortress Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New Fortress using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New Fortress Energy 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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Check out New Fortress Piotroski F Score and New Fortress Altman Z Score analysis. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Oil & Gas Refining & Marketing space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of New Fortress. If investors know New will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about New Fortress listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.90) | Dividend Share 0.4 | Earnings Share 0.93 | Revenue Per Share | Quarterly Revenue Growth 0.103 |
The market value of New Fortress Energy is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New Fortress' value that differs from its market value or its book value, called intrinsic value, which is New Fortress' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because New Fortress' market value can be influenced by many factors that don't directly affect New Fortress' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between New Fortress' value and its price as these two are different measures arrived at by different means. Investors typically determine if New Fortress is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Fortress' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.