Noble Rock Acquisition Valuation

NRACDelisted Stock  USD 10.62  0.03  0.28%   
At this time, the firm appears to be overvalued. Noble Rock Acquisition secures a last-minute Real Value of $8.97 per share. The latest price of the firm is $10.62. Our model forecasts the value of Noble Rock Acquisition from analyzing the firm fundamentals such as Number Of Shares Shorted of 9, shares outstanding of 7.95 M, and Return On Asset of -0.0131 as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
10.62
Please note that Noble Rock's price fluctuation is very steady at this time. Calculation of the real value of Noble Rock Acquisition is based on 3 months time horizon. Increasing Noble Rock's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Noble Rock is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Noble Stock. However, Noble Rock'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  10.62 Real  8.97 Hype  10.62 Naive  10.57
The real value of Noble Stock, also known as its intrinsic value, is the underlying worth of Noble Rock Acquisition Company, which is reflected in its stock price. It is based on Noble Rock's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Noble Rock'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.
8.97
Real Value
11.68
Upside
Estimating the potential upside or downside of Noble Rock Acquisition helps investors to forecast how Noble 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 Noble Rock more accurately as focusing exclusively on Noble Rock's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.3110.5010.69
Details
Hype
Prediction
LowEstimatedHigh
10.6210.6210.62
Details
Naive
Forecast
LowNext ValueHigh
10.5710.5710.57
Details

Noble Rock Total Value Analysis

Noble Rock Acquisition is now forecasted to have valuation of 88.32 M with market capitalization of 87.5 M, debt of , and cash on hands of 406.5 K. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the Noble Rock fundamentals before making equity appraisal based on enterprise value of the company

Noble Rock Asset Utilization

One of the ways to look at asset utilization of Noble is to check how much profit was generated for every dollar of assets it reports. Noble Rock Acquisition secures a negative usage of assets of -0.0131 %, losing $1.31E-4 for each dollar of assets held by the firm. Inadequate asset utilization conveys that the company is being less effective with each dollar of assets it secures. Strictly speaking, asset utilization of Noble Rock Acquisition shows how discouraging it operates for each dollar spent on its assets.

Noble Rock Ownership Allocation

The market capitalization of Noble Rock Acquisition is $87.5 Million. 30% of Noble Rock outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.

Noble Rock Profitability Analysis

Net Income was 1.41 M with profit before overhead, payroll, taxes, and interest of 0.
Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Noble Rock's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Noble Rock and how it compares across the competition.

About Noble Rock Valuation

The delisted stock valuation mechanism determines Noble Rock's current worth on a weekly basis. Our valuation model uses a comparative analysis of Noble Rock. We calculate exposure to Noble Rock's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Noble Rock's related companies.
Noble Rock Acquisition Corporation does not have significant operations. The company was incorporated in 2020 and is based in Wilmington, Delaware. Noble Rock operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.

Noble Rock Growth Indicators

Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines.
Common Stock Shares OutstandingM
Quarterly Earnings Growth Y O Y0.432
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 nation.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Other Consideration for investing in Noble Stock

If you are still planning to invest in Noble Rock 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 Noble Rock's history and understand the potential risks before investing.
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