New Fortress Net Worth
New Fortress Net Worth Breakdown | NFE |
New Fortress Net Worth Analysis
New Fortress' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including New Fortress' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of New Fortress' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform New Fortress' net worth analysis. One common approach is to calculate New Fortress' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares New Fortress' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing New Fortress' net worth. This approach calculates the present value of New Fortress' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of New Fortress' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate New Fortress' net worth. This involves comparing New Fortress' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into New Fortress' net worth relative to its peers.
Enterprise Value |
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To determine if New Fortress is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding New Fortress' net worth research are outlined below:
| New Fortress Energy appears to be risky and price may revert if volatility continues | |
| About 40.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: Heres Why New Fortress Energy Inc. Is Skyrocketing |
New Fortress Quarterly Good Will |
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New Fortress uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in New Fortress Energy. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to New Fortress' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
New Fortress Target Price Consensus
New target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. New Fortress' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 8 | Strong Buy |
Most New analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand New stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of New Fortress Energy, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationNew Fortress Target Price Projection
New Fortress' current and average target prices are 16.29 and 19.86, respectively. The current price of New Fortress is the price at which New Fortress Energy is currently trading. On the other hand, New Fortress' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
New Fortress Market Quote on 19th of January 2025
Target Price
Analyst Consensus On New Fortress Target Price
Know New Fortress' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as New Fortress is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading New Fortress Energy backward and forwards among themselves. New Fortress' institutional investor refers to the entity that pools money to purchase New Fortress' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| 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 |
Follow New Fortress' market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 4.35 B.Market Cap |
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Project New Fortress' profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.05 | 0.05 | |
| Return On Capital Employed | 0.10 | 0.10 | |
| Return On Assets | 0.05 | 0.05 | |
| Return On Equity | 0.30 | 0.32 |
When accessing New Fortress' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures New Fortress' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of New Fortress' profitability and make more informed investment decisions.
Please note, the presentation of New Fortress' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, New Fortress' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of New Fortress' management manipulating its earnings.
Evaluate New Fortress' management efficiency
New Fortress Energy has Return on Asset of 0.0456 % which means that on every $100 spent on assets, it made $0.0456 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1481 %, implying that it generated $0.1481 on every 100 dollars invested. New Fortress' management efficiency ratios could be used to measure how well New Fortress manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.05. The current year's Return On Capital Employed is expected to grow to 0.10. At present, New Fortress' Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 345.7 M, whereas Non Currrent Assets Other are forecasted to decline to about 83.7 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 7.77 | 7.03 | |
| Tangible Book Value Per Share | 5.30 | 7.28 | |
| Enterprise Value Over EBITDA | 12.14 | 12.75 | |
| Price Book Value Ratio | 4.26 | 4.08 | |
| Enterprise Value Multiple | 12.14 | 12.75 | |
| Price Fair Value | 4.26 | 4.08 | |
| Enterprise Value | 13.5 B | 14.2 B |
The strategic decisions made by New Fortress management significantly impact its financial stability and market performance. Evaluating these factors helps determine whether the stock is a worthwhile investment.
Enterprise Value Revenue 5.2715 | Revenue | Quarterly Revenue Growth 0.103 | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific New Fortress insiders, such as employees or executives, is commonly permitted as long as it does not rely on New Fortress' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases New Fortress insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
New Fortress Corporate Filings
| 17th of January 2025 Other Reports | ViewVerify | |
8K | 10th of January 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 14th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
13A | 13th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
New Fortress Earnings Estimation Breakdown
The calculation of New Fortress' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of New Fortress is estimated to be 0.083325 with the future projection ranging from a low of 0.07 to a high of 0.1. Please be aware that this consensus of annual earnings estimates for New Fortress Energy is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
0.07 Lowest | Expected EPS | 0.10 Highest |
New Fortress Earnings Projection Consensus
Suppose the current estimates of New Fortress' value are higher than the current market price of the New Fortress stock. In this case, investors may conclude that New Fortress is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and New Fortress' stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of December 2024 | Current EPS (TTM) | |
| 8 | 28.75% | 0.05 | 0.083325 | 0.93 |
New Fortress Earnings per Share Projection vs Actual
Actual Earning per Share of New Fortress refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering New Fortress Energy predict the company's earnings will be in the future. The higher the earnings per share of New Fortress, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.New Fortress Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as New Fortress, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of New Fortress should always be considered in relation to other companies to make a more educated investment decision.New Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact New Fortress' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-11-06 | 2024-09-30 | -0.02 | 0.05 | 0.07 | 350 | ||
2024-08-09 | 2024-06-30 | 0.07 | -0.41 | -0.48 | 685 | ||
2024-05-08 | 2024-03-31 | 0.66 | 0.67 | 0.01 | 1 | ||
2024-02-29 | 2023-12-31 | 0.78 | 1.06 | 0.28 | 35 | ||
2023-11-08 | 2023-09-30 | 0.24 | 0.58 | 0.34 | 141 | ||
2023-08-08 | 2023-06-30 | 0.48 | 0.58 | 0.1 | 20 | ||
2023-05-04 | 2023-03-31 | 0.82 | 0.9 | 0.08 | 9 | ||
2023-02-28 | 2022-12-31 | 0.53 | 0.3 | -0.23 | 43 | ||
2022-11-08 | 2022-09-30 | 0.8 | 0.41 | -0.39 | 48 | ||
2022-08-03 | 2022-06-30 | 0.5 | -0.81 | -1.31 | 262 | ||
2022-05-04 | 2022-03-31 | 0.47 | 1.13 | 0.66 | 140 | ||
2022-02-28 | 2021-12-31 | 0.91 | 0.72 | -0.19 | 20 | ||
2021-11-02 | 2021-09-30 | 0.35 | -0.05 | -0.4 | 114 | ||
2021-08-04 | 2021-06-30 | -0.02 | -0.03 | -0.01 | 50 | ||
2021-05-07 | 2021-03-31 | -0.0135 | -0.21 | -0.1965 | 1455 | ||
2021-03-15 | 2020-12-31 | 0.05 | 0.001 | -0.049 | 98 | ||
2020-10-29 | 2020-09-30 | 0.12 | -0.08 | -0.2 | 166 | ||
2020-08-03 | 2020-06-30 | -0.3 | -0.24 | 0.06 | 20 | ||
2020-05-04 | 2020-03-31 | -0.17 | -0.31 | -0.14 | 82 | ||
2020-03-04 | 2019-12-31 | -0.21 | -0.08 | 0.13 | 61 | ||
2019-11-11 | 2019-09-30 | -0.16 | -0.3 | -0.14 | 87 | ||
2019-08-12 | 2019-06-30 | -0.1 | -0.28 | -0.18 | 180 | ||
2019-05-15 | 2019-03-31 | -0.19 | -0.96 | -0.77 | 405 | ||
2019-03-26 | 2018-12-31 | -0.18 | -0.51 | -0.33 | 183 | ||
2018-11-28 | 2018-09-30 | 0 | -0.315 | -0.315 | 0 |
New Fortress Corporate Management
| Wesley Edens | Chairman Founder | Profile | |
| Sam Abdalla | Head Development | Profile | |
| Joshua Kane | Vice Relations | Profile | |
| Cameron Esq | Secretary | Profile | |
| Yunyoung Shin | Chief Officer | Profile | |
| Brett Magill | Head MD | Profile | |
| Brannen McElmurray | Chief Officer | Profile |
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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.