Nine Energy Service Stock Fundamentals
| NINE Stock | USD 2.30 0.12 4.96% |
Nine Energy Service fundamentals help investors to digest information that contributes to Nine Energy's financial success or failures. It also enables traders to predict the movement of Nine Stock. The fundamental analysis module provides a way to measure Nine Energy'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 Nine Energy stock.
At present, Nine Energy's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 600.9 M, whereas Total Revenue is forecasted to decline to about 439.3 M. Nine | Select Account or Indicator |
Nine Energy Service Company Return On Equity Analysis
Nine Energy'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 Nine Energy Return On Equity | -5.83 |
Most of Nine Energy'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, Nine Energy Service 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.
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Nine Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Nine Energy Service has a Return On Equity of -5.8338. This is 194.64% higher than that of the Energy Equipment & Services sector and 66.51% lower than that of the Energy industry. The return on equity for all United States stocks is notably higher than that of the company.
Nine Energy Service Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nine Energy's current stock value. Our valuation model uses many indicators to compare Nine Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nine Energy competition to find correlations between indicators driving Nine Energy's intrinsic value. More Info.Nine Energy Service 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 . At present, Nine Energy's Return On Equity is projected to slightly decrease based on the last few years of reporting.Comparative valuation analysis is a catch-all model that can be used if you cannot value Nine Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nine Energy'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 Nine Energy's earnings, one of the primary drivers of an investment's value.Nine Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nine Energy'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 Nine Energy could also be used in its relative valuation, which is a method of valuing Nine Energy by comparing valuation metrics of similar companies.Nine Energy is currently under evaluation in return on equity category among related companies.
Nine Energy Current Valuation Drivers
We derive many important indicators used in calculating different scores of Nine Energy from analyzing Nine Energy's financial statements. These drivers represent accounts that assess Nine Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Nine Energy's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 550.2M | 229.2M | 80.9M | 449.4M | 89.2M | 84.7M | |
| Enterprise Value | 914.6M | 531.5M | 396.3M | 809.8M | 424.7M | 756.1M |
Nine Fundamentals
| Return On Equity | -5.83 | ||||
| Return On Asset | 0.0276 | ||||
| Profit Margin | (0.05) % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 420.96 M | ||||
| Shares Outstanding | 35.32 M | ||||
| Shares Owned By Insiders | 18.74 % | ||||
| Shares Owned By Institutions | 58.15 % | ||||
| Number Of Shares Shorted | 3.84 M | ||||
| Price To Earning | 15.87 X | ||||
| Price To Book | 5.01 X | ||||
| Price To Sales | 0.16 X | ||||
| Revenue | 609.53 M | ||||
| Gross Profit | 136.29 M | ||||
| EBITDA | 73.51 M | ||||
| Net Income | (32.21 M) | ||||
| Cash And Equivalents | 22.41 M | ||||
| Cash Per Share | 0.67 X | ||||
| Total Debt | 366.32 M | ||||
| Current Ratio | 1.85 X | ||||
| Book Value Per Share | (1.01) X | ||||
| Cash Flow From Operations | 45.51 M | ||||
| Short Ratio | 7.09 X | ||||
| Earnings Per Share | (0.97) X | ||||
| Price To Earnings To Growth | (2.42) X | ||||
| Target Price | 4.5 | ||||
| Number Of Employees | 1.16 K | ||||
| Beta | 3.46 | ||||
| Market Capitalization | 85.49 M | ||||
| Total Asset | 424.3 M | ||||
| Retained Earnings | (826.23 M) | ||||
| Working Capital | 100.88 M | ||||
| Current Asset | 96.02 M | ||||
| Current Liabilities | 12.21 M | ||||
| Net Asset | 424.3 M |
About Nine Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nine Energy Service's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nine Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nine Energy Service 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 0.90 | 0.86 | |
| Total Revenue | 609.5 M | 439.3 M | |
| Cost Of Revenue | 531.4 M | 535.8 M | |
| Stock Based Compensation To Revenue | 0 | 0 | |
| Sales General And Administrative To Revenue | 0.1 | 0.09 | |
| Research And Ddevelopement To Revenue | 0.00 | 0.00 | |
| Capex To Revenue | (0.04) | (0.04) | |
| Revenue Per Share | 18.31 | 23.00 | |
| Ebit Per Revenue | 0.03 | 0.04 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nine Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nine Energy's short interest history, or implied volatility extrapolated from Nine Energy options trading.
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Complementary Tools for Nine Stock analysis
When running Nine Energy's price analysis, check to measure Nine Energy'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 Nine Energy is operating at the current time. Most of Nine Energy's value examination focuses on studying past and present price action to predict the probability of Nine Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nine Energy's price. Additionally, you may evaluate how the addition of Nine Energy to your portfolios can decrease your overall portfolio volatility.
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Is Nine Energy'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 Nine Energy. If investors know Nine 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 Nine Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.97) | Revenue Per Share 18.314 | Quarterly Revenue Growth (0.14) | Return On Assets 0.0276 | Return On Equity (5.83) |
The market value of Nine Energy Service is measured differently than its book value, which is the value of Nine that is recorded on the company's balance sheet. Investors also form their own opinion of Nine Energy's value that differs from its market value or its book value, called intrinsic value, which is Nine Energy'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 Nine Energy's market value can be influenced by many factors that don't directly affect Nine Energy'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 Nine Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nine Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nine Energy'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.