Nextdecade Corp Stock Fundamentals
| NEXT Stock | USD 6.33 0.13 2.10% |
Nextdecade Corp fundamentals help investors to digest information that contributes to Nextdecade Corp's financial success or failures. It also enables traders to predict the movement of Nextdecade Stock. The fundamental analysis module provides a way to measure Nextdecade Corp'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 Nextdecade Corp stock.
Nextdecade |
Nextdecade Corp Company Return On Equity Analysis
Nextdecade Corp's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Nextdecade Corp Return On Equity | -0.44 |
Most of Nextdecade Corp's fundamental indicators, such as Return On Equity, 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, Nextdecade Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Nextdecade Corp has a Return On Equity of -0.4445. This is 77.55% lower than that of the Oil, Gas & Consumable Fuels sector and 124.97% lower than that of the Energy industry. The return on equity for all United States stocks is 43.39% higher than that of the company.
Nextdecade Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nextdecade Corp's current stock value. Our valuation model uses many indicators to compare Nextdecade Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nextdecade Corp competition to find correlations between indicators driving Nextdecade Corp's intrinsic value. More Info.Nextdecade Corp is rated below average in return on equity category among related companies. It is rated below average in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nextdecade Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nextdecade Corp's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nextdecade Corp's earnings, one of the primary drivers of an investment's value.Nextdecade Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nextdecade Corp's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nextdecade Corp could also be used in its relative valuation, which is a method of valuing Nextdecade Corp by comparing valuation metrics of similar companies.Nextdecade Corp is currently under evaluation in return on equity category among related companies.
Nextdecade Fundamentals
| Return On Equity | -0.44 | ||||
| Return On Asset | -0.0422 | ||||
| Current Valuation | 3.97 B | ||||
| Shares Outstanding | 256.71 M | ||||
| Shares Owned By Insiders | 28.70 % | ||||
| Shares Owned By Institutions | 65.18 % | ||||
| Number Of Shares Shorted | 11.18 M | ||||
| Price To Earning | (1.71) X | ||||
| Price To Book | 5.55 X | ||||
| Gross Profit | (1.61 M) | ||||
| EBITDA | (119.52 M) | ||||
| Net Income | (162.26 M) | ||||
| Cash And Equivalents | 40.5 M | ||||
| Cash Per Share | 0.31 X | ||||
| Total Debt | 1.97 B | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 5.24 X | ||||
| Book Value Per Share | 1.12 X | ||||
| Cash Flow From Operations | (73.62 M) | ||||
| Short Ratio | 8.09 X | ||||
| Earnings Per Share | (0.94) X | ||||
| Target Price | 8.6 | ||||
| Number Of Employees | 147 | ||||
| Beta | 1.34 | ||||
| Market Capitalization | 1.59 B | ||||
| Total Asset | 3.32 B | ||||
| Retained Earnings | (391.77 M) | ||||
| Working Capital | (237.86 M) | ||||
| Current Asset | 124.23 M | ||||
| Current Liabilities | 13 M | ||||
| Net Asset | 3.32 B |
About Nextdecade Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nextdecade Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nextdecade Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nextdecade Corp 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.NextDecade Corporation engages in the development activities related to the liquefaction and sale of liquefied natural gas and capture and storage of CO2 emissions. It also focuses on a carbon capture and storage project at the terminal, as well as on other CCS projects with third-party industrial source facilities. Nextdecade Corp operates under Oil Gas EP classification in the United States and is traded on NASDAQ Exchange. It employs 57 people.
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When running Nextdecade Corp's price analysis, check to measure Nextdecade Corp'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 Nextdecade Corp is operating at the current time. Most of Nextdecade Corp's value examination focuses on studying past and present price action to predict the probability of Nextdecade Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextdecade Corp's price. Additionally, you may evaluate how the addition of Nextdecade Corp to your portfolios can decrease your overall portfolio volatility.
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Is Nextdecade Corp'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 Nextdecade Corp. If investors know Nextdecade 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 Nextdecade Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Nextdecade Corp is measured differently than its book value, which is the value of Nextdecade that is recorded on the company's balance sheet. Investors also form their own opinion of Nextdecade Corp's value that differs from its market value or its book value, called intrinsic value, which is Nextdecade Corp'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 Nextdecade Corp's market value can be influenced by many factors that don't directly affect Nextdecade Corp'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 Nextdecade Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nextdecade Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nextdecade Corp'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.