Neogen Stock Gross Profit
| NEOG Stock | USD 11.93 0.21 1.73% |
Neogen fundamentals help investors to digest information that contributes to Neogen's financial success or failures. It also enables traders to predict the movement of Neogen Stock. The fundamental analysis module provides a way to measure Neogen'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 Neogen stock.
| Last Reported | Projected for Next Year | ||
| Gross Profit | 466.8 M | 490.2 M | |
| Gross Profit Margin | 0.49 | 0.57 |
Neogen | Gross Profit |
Neogen Company Gross Profit Analysis
Neogen's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Current Neogen Gross Profit | 409.2 M |
Most of Neogen's fundamental indicators, such as Gross Profit, 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, Neogen is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Neogen Gross Profit Driver Correlations
Understanding the fundamental principles of building solid financial models for Neogen is extremely important. It helps to project a fair market value of Neogen Stock properly, considering its historical fundamentals such as Gross Profit. Since Neogen's 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 Neogen's 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 Neogen's interrelated accounts and indicators.
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Neogen Gross Profit Historical Pattern
Today, most investors in Neogen Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Neogen's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's gross profit growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Neogen gross profit as a starting point in their analysis.
Neogen Gross Profit |
| Timeline |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
| Competition |
According to the company disclosure, Neogen reported 409.2 M of gross profit. This is 81.76% lower than that of the Health Care Equipment & Supplies sector and 54.2% lower than that of the Health Care industry. The gross profit for all United States stocks is 98.51% higher than that of the company.
Neogen Gross Profit Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Neogen's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Neogen could also be used in its relative valuation, which is a method of valuing Neogen by comparing valuation metrics of similar companies.Neogen is currently under evaluation in gross profit category among related companies.
Neogen Fundamentals
| Return On Equity | 5.0E-4 | ||||
| Return On Asset | 0.0179 | ||||
| Profit Margin | 0 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 3.37 B | ||||
| Shares Outstanding | 216.61 M | ||||
| Shares Owned By Insiders | 0.14 % | ||||
| Shares Owned By Institutions | 99.86 % | ||||
| Number Of Shares Shorted | 16.71 M | ||||
| Price To Earning | 13.36 X | ||||
| Price To Book | 0.85 X | ||||
| Price To Sales | 2.89 X | ||||
| Revenue | 822.45 M | ||||
| Gross Profit | 409.2 M | ||||
| EBITDA | 125.89 M | ||||
| Net Income | (22.87 M) | ||||
| Cash And Equivalents | 347.71 M | ||||
| Cash Per Share | 3.22 X | ||||
| Total Debt | 900 M | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 9.07 X | ||||
| Book Value Per Share | 14.53 X | ||||
| Cash Flow From Operations | 41.03 M | ||||
| Short Ratio | 12.78 X | ||||
| Earnings Per Share | 0.02 X | ||||
| Price To Earnings To Growth | 0.66 X | ||||
| Target Price | 17.0 | ||||
| Number Of Employees | 2.64 K | ||||
| Beta | 1.12 | ||||
| Market Capitalization | 2.63 B | ||||
| Total Asset | 4.55 B | ||||
| Retained Earnings | 565.04 M | ||||
| Working Capital | 440.46 M | ||||
| Current Asset | 250 M | ||||
| Current Liabilities | 28.6 M | ||||
| Net Asset | 4.55 B |
About Neogen Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Neogen's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Neogen using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Neogen 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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Try AI Portfolio ArchitectCheck out Neogen Piotroski F Score and Neogen Altman Z Score analysis. For more detail on how to invest in Neogen Stock please use our How to Invest in Neogen guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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When running Neogen's price analysis, check to measure Neogen's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Neogen is operating at the current time. Most of Neogen's value examination focuses on studying past and present price action to predict the probability of Neogen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neogen's price. Additionally, you may evaluate how the addition of Neogen to your portfolios can decrease your overall portfolio volatility.
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Is Neogen's industry 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 Neogen. If investors know Neogen 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 Neogen 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 (0.86) | Earnings Share 0.02 | Revenue Per Share 4.293 | Quarterly Revenue Growth 0.048 | Return On Assets 0.0179 |
The market value of Neogen is measured differently than its book value, which is the value of Neogen that is recorded on the company's balance sheet. Investors also form their own opinion of Neogen's value that differs from its market value or its book value, called intrinsic value, which is Neogen's 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 Neogen's market value can be influenced by many factors that don't directly affect Neogen's 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 Neogen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Neogen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neogen's 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.