Nova Cannabis Valuation
| NVACF Stock | USD 0.80 0.03 3.61% |
Today, the firm appears to be fairly valued. Nova Cannabis secures a last-minute Real Value of $0.8 per share. The latest price of the firm is $0.8. Our model forecasts the value of Nova Cannabis from analyzing the firm fundamentals such as Profit Margin of (0.05) %, current valuation of 59.13 M, and Return On Equity of -0.2 as well as examining its technical indicators and probability of bankruptcy. . In general, most investors recommend locking in undervalued stocks and disposing overvalued stocks since, at some point, asset prices and their ongoing real values will merge together.
Fairly Valued
Today
Please note that Nova Cannabis' price fluctuation is extremely dangerous at this time. Calculation of the real value of Nova Cannabis is based on 3 months time horizon. Increasing Nova Cannabis' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Nova otc stock is determined by what a typical buyer is willing to pay for full or partial control of Nova Cannabis. Since Nova Cannabis is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nova OTC Stock. However, Nova Cannabis' 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 0.8 | Real 0.8 | Hype 0.81 |
The real value of Nova OTC Stock, also known as its intrinsic value, is the underlying worth of Nova Cannabis OTC Stock, which is reflected in its stock price. It is based on Nova Cannabis' financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Nova Cannabis' 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.
Estimating the potential upside or downside of Nova Cannabis helps investors to forecast how Nova otc 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 Nova Cannabis more accurately as focusing exclusively on Nova Cannabis' fundamentals will not take into account other important factors: Nova Cannabis Total Value Analysis
Nova Cannabis is now forecasted to have takeover price of 59.13 M with market capitalization of 35.92 M, debt of 60.11 M, and cash on hands of 6.22 M. Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Nova Cannabis fundamentals before making investing decisions based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
| 59.13 M | 35.92 M | 60.11 M | 6.22 M |
Nova Cannabis Investor Information
About 63.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.44. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Nova Cannabis recorded a loss per share of 0.3. The entity last dividend was issued on the 17th of June 2019. Nova Cannabis Inc. engages in the operation of retail cannabis stores with a focus on the recreational-use cannabis market in Canada. As of March 31, 2022, the company operated 78 cannabis stores in Alberta, Ontario, and Saskatchewan. Nova Cannabis operates under Pharmaceutical Retailers classification in the United States and is traded on OTC Exchange. It employs 548 people.The quote for Nova Cannabis is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To find out more about Nova Cannabis learn more at https://www.novacannabis.ca.Nova Cannabis Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Nova Cannabis has an asset utilization ratio of 113.2 percent. This implies that the OTC Stock is making $1.13 for each dollar of assets. An increasing asset utilization means that Nova Cannabis is more efficient with each dollar of assets it utilizes for everyday operations.Nova Cannabis Ownership Allocation
Nova Cannabis holds a total of 57.15 Million outstanding shares. Nova Cannabis secures majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 62.72 % of Nova Cannabis outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.Nova Cannabis Profitability Analysis
The company reported the revenue of 134.36 M. Net Loss for the year was (20.61 M) with profit before overhead, payroll, taxes, and interest of 24.89 M.Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Nova Cannabis' 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 Nova Cannabis and how it compares across the competition.
About Nova Cannabis Valuation
The otc valuation mechanism determines the current worth of Nova Cannabis on a weekly basis. We use both absolute as well as relative valuation methodologies to arrive at the intrinsic value of Nova Cannabis. In general, an absolute valuation paradigm, as applied to this otc stock, attempts to find the value of Nova Cannabis based exclusively on its fundamental and basic technical indicators. By analyzing Nova Cannabis's financials, quarterly and monthly indicators, and its related drivers such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of Nova Cannabis's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of Nova Cannabis. We calculate exposure to Nova Cannabis's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Nova Cannabis's related companies.Nova Cannabis Inc. engages in the operation of retail cannabis stores with a focus on the recreational-use cannabis market in Canada. As of March 31, 2022, the company operated 78 cannabis stores in Alberta, Ontario, and Saskatchewan. Nova Cannabis operates under Pharmaceutical Retailers classification in the United States and is traded on OTC Exchange. It employs 548 people.
8 Steps to conduct Nova Cannabis' Valuation Analysis
OTC Stock's valuation is the process of determining the worth of any otc stock in monetary terms. It estimates Nova Cannabis' potential worth based on factors such as financial performance, market conditions, growth prospects, and overall economic environment. The result of otc stock valuation is a single number representing a OTC Stock's current market value. This value can be used as a benchmark for various financial transactions such as mergers and acquisitions, initial public offerings (IPOs), or private equity investments. To conduct Nova Cannabis' valuation analysis, follow these 8 steps:- Gather financial information: Obtain Nova Cannabis' financial statements, including balance sheets, income statements, and cash flow statements.
- Determine Nova Cannabis' revenue streams: Identify Nova Cannabis' primary sources of revenue, including products or services offered, target markets, and pricing strategies.
- Analyze market data: Research Nova Cannabis' industry and market trends, including the size of the market, growth rate, and competition.
- Establish Nova Cannabis' growth potential: Evaluate Nova Cannabis' management, business model, and growth potential.
- Determine Nova Cannabis' financial performance: Analyze its financial statements to assess its historical performance and future potential.
- Choose a valuation method: Consider the OTC Stock's specific circumstances and choose an appropriate valuation method, such as the discounted cash flow (DCF) or comparable analysis method.
- Calculate the value: Apply the chosen valuation method to the financial information and market data to calculate Nova Cannabis' estimated value.
- Review and adjust: Review the results and make necessary adjustments, considering any relevant factors that may have been missed or overlooked.
Nova Cannabis Growth Indicators
Investing in growth stocks can be very risky. If the company such as Nova Cannabis does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 57.1 M | |
| Retained Earnings | -40.8 M |
Complementary Tools for Nova OTC Stock analysis
When running Nova Cannabis' price analysis, check to measure Nova Cannabis' 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 Nova Cannabis is operating at the current time. Most of Nova Cannabis' value examination focuses on studying past and present price action to predict the probability of Nova Cannabis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nova Cannabis' price. Additionally, you may evaluate how the addition of Nova Cannabis to your portfolios can decrease your overall portfolio volatility.
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |