Nova Vision Acquisition Stock Fundamentals
Nova Vision Acquisition fundamentals help investors to digest information that contributes to Nova Vision's financial success or failures. It also enables traders to predict the movement of Nova Stock. The fundamental analysis module provides a way to measure Nova Vision's 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 Nova Vision stock.
Nova |
Nova Vision Acquisition Company Return On Equity Analysis
Nova Vision's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Nova Vision Return On Equity | -0.0309 |
Most of Nova Vision's fundamental indicators, such as Return On Equity, 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, Nova Vision Acquisition is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, Nova Vision Acquisition has a Return On Equity of -0.0309. This is 102.13% lower than that of the Capital Markets sector and significantly lower than that of the Financials industry. The return on equity for all United States stocks is 90.03% lower than that of the firm.
Nova Vision Acquisition Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nova Vision's current stock value. Our valuation model uses many indicators to compare Nova Vision value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nova Vision competition to find correlations between indicators driving Nova Vision's intrinsic value. More Info.Nova Vision Acquisition is regarded third in return on equity category among its peers. It also is regarded third in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Nova Vision by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Nova Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nova Vision's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nova Vision could also be used in its relative valuation, which is a method of valuing Nova Vision by comparing valuation metrics of similar companies.Nova Vision is currently under evaluation in return on equity category among its peers.
Nova Fundamentals
| Return On Equity | -0.0309 | |||
| Return On Asset | -0.0275 | |||
| Current Valuation | 147.42 M | |||
| Number Of Shares Shorted | 2.41 K | |||
| Revenue | 897.55 K | |||
| EBITDA | 146.88 K | |||
| Net Income | 146.88 K | |||
| Cash And Equivalents | 567.98 K | |||
| Cash Per Share | 0.08 X | |||
| Total Debt | 2 M | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 23.32 X | |||
| Book Value Per Share | (0.89) X | |||
| Cash Flow From Operations | (569.87 K) | |||
| Short Ratio | 2.66 X | |||
| Beta | 0.3 | |||
| Total Asset | 17.94 M | |||
| Retained Earnings | (2.96 M) | |||
| Working Capital | (2.21 M) | |||
| Net Asset | 17.94 M |
Thematic Opportunities
Explore Investment Opportunities
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Other Consideration for investing in Nova Stock
If you are still planning to invest in Nova Vision Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nova Vision's history and understand the potential risks before investing.
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