Nnit AS (Denmark) Performance
| NNIT Stock | DKK 90.80 0.80 0.87% |
The company secures a Beta (Market Risk) of 0.37, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nnit AS's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nnit AS is expected to be smaller as well. At this point, Nnit AS has a negative expected return of -0.18%. Please make sure to verify Nnit AS's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if Nnit AS performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Nnit AS has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest weak performance, the Stock's basic indicators remain healthy and the recent disarray on Wall Street may also be a sign of long period gains for the firm investors. ...more
| Begin Period Cash Flow | 143 M | |
| Total Cashflows From Investing Activities | -209 M |
Nnit |
Nnit AS Relative Risk vs. Return Landscape
If you would invest 10,500 in Nnit AS on August 31, 2024 and sell it today you would lose (1,420) from holding Nnit AS or give up 13.52% of portfolio value over 90 days. Nnit AS is generating negative expected returns and assumes 3.0336% volatility on return distribution over the 90 days horizon. Simply put, 27% of stocks are less volatile than Nnit, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Nnit AS Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nnit AS's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nnit AS, and traders can use it to determine the average amount a Nnit AS's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0592
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| Negative Returns | NNIT |
Estimated Market Risk
| 3.03 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nnit AS is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nnit AS by adding Nnit AS to a well-diversified portfolio.
Nnit AS Fundamentals Growth
Nnit Stock prices reflect investors' perceptions of the future prospects and financial health of Nnit AS, and Nnit AS fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Nnit Stock performance.
| Return On Equity | -0.0889 | |||
| Return On Asset | 0.01 | |||
| Profit Margin | (0.03) % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 2.46 B | |||
| Shares Outstanding | 24.78 M | |||
| Price To Earning | 13.65 X | |||
| Price To Book | 1.49 X | |||
| Price To Sales | 0.56 X | |||
| Revenue | 2.88 B | |||
| EBITDA | 256 M | |||
| Cash And Equivalents | 76.71 M | |||
| Cash Per Share | 3.13 X | |||
| Total Debt | 536 M | |||
| Debt To Equity | 66.10 % | |||
| Book Value Per Share | 43.59 X | |||
| Cash Flow From Operations | 243 M | |||
| Earnings Per Share | (2.87) X | |||
| Total Asset | 2.8 B | |||
| Retained Earnings | 453 M | |||
| Current Asset | 721 M | |||
| Current Liabilities | 495 M | |||
About Nnit AS Performance
By examining Nnit AS's fundamental ratios, stakeholders can obtain critical insights into Nnit AS's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Nnit AS is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
NNIT AS provides a range of IT services and solutions to customers primarily in the life sciences sector in Denmark and internationally. NNIT AS was founded in 1994 and is headquartered in Soborg, Denmark. NNIT AS operates under Information Technology Services classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 3266 people.Things to note about Nnit AS performance evaluation
Checking the ongoing alerts about Nnit AS for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nnit AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nnit AS generated a negative expected return over the last 90 days | |
| Nnit AS has high historical volatility and very poor performance | |
| The company has kr536 Million in debt which may indicate that it relies heavily on debt financing | |
| Nnit AS has accumulated 536 M in total debt with debt to equity ratio (D/E) of 66.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Nnit AS has a current ratio of 0.94, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Nnit AS until it has trouble settling it off, either with new capital or with free cash flow. So, Nnit AS's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nnit AS sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nnit to invest in growth at high rates of return. When we think about Nnit AS's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 2.88 B. Net Loss for the year was (7 M) with profit before overhead, payroll, taxes, and interest of 344 M. | |
| About 58.0% of Nnit AS shares are owned by institutional investors |
- Analyzing Nnit AS's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Nnit AS's stock is overvalued or undervalued compared to its peers.
- Examining Nnit AS's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Nnit AS's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nnit AS's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nnit AS's stock. These opinions can provide insight into Nnit AS's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Nnit Stock
Nnit AS financial ratios help investors to determine whether Nnit 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 Nnit with respect to the benefits of owning Nnit AS security.