Northern Technologies Stock Fundamentals
| NTIC Stock | USD 17.35 1.12 6.90% |
Northern Technologies fundamentals help investors to digest information that contributes to Northern Technologies' financial success or failures. It also enables traders to predict the movement of Northern Stock. The fundamental analysis module provides a way to measure Northern Technologies' 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 Northern Technologies stock.
At present, Northern Technologies' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 104.3 M, whereas Income Before Tax is forecasted to decline to about 3.5 M. Northern | Select Account or Indicator |
Northern Technologies Company Return On Equity Analysis
Northern Technologies' 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 Northern Technologies Return On Equity | 0.0861 |
Most of Northern Technologies' 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, Northern Technologies 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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Northern Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Northern Technologies has a Return On Equity of 0.0861. This is 90.54% lower than that of the Chemicals sector and 98.54% lower than that of the Materials industry. The return on equity for all United States stocks is 127.77% lower than that of the firm.
Northern Technologies Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Northern Technologies's current stock value. Our valuation model uses many indicators to compare Northern Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Northern Technologies competition to find correlations between indicators driving Northern Technologies's intrinsic value. More Info.Northern Technologies 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 reporting about 0.13 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Northern Technologies is roughly 7.76 . At present, Northern Technologies' 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 Northern Technologies by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Northern Technologies' 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 Northern Technologies' earnings, one of the primary drivers of an investment's value.Northern Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Northern Technologies' 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 Northern Technologies could also be used in its relative valuation, which is a method of valuing Northern Technologies by comparing valuation metrics of similar companies.Northern Technologies is currently under evaluation in return on equity category among related companies.
Northern Technologies Current Valuation Drivers
We derive many important indicators used in calculating different scores of Northern Technologies from analyzing Northern Technologies' financial statements. These drivers represent accounts that assess Northern Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Northern Technologies' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 75.6M | 152.0M | 108.6M | 120.7M | 108.7M | 114.1M | |
| Enterprise Value | 69.9M | 144.7M | 109.7M | 122.1M | 109.9M | 115.4M |
Northern Fundamentals
| Return On Equity | 0.0861 | ||||
| Return On Asset | 0.0111 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 150.24 M | ||||
| Shares Outstanding | 9.43 M | ||||
| Shares Owned By Insiders | 17.31 % | ||||
| Shares Owned By Institutions | 38.23 % | ||||
| Number Of Shares Shorted | 22.17 K | ||||
| Price To Earning | 16.72 X | ||||
| Price To Book | 1.91 X | ||||
| Price To Sales | 1.58 X | ||||
| Revenue | 86.36 M | ||||
| Gross Profit | 23.07 M | ||||
| EBITDA | 7.06 M | ||||
| Net Income | 4.24 M | ||||
| Cash And Equivalents | 6.13 M | ||||
| Cash Per Share | 0.66 X | ||||
| Total Debt | 6.79 M | ||||
| Debt To Equity | 0.07 % | ||||
| Current Ratio | 2.74 X | ||||
| Book Value Per Share | 7.25 X | ||||
| Cash Flow From Operations | 5.54 M | ||||
| Short Ratio | 2.37 X | ||||
| Earnings Per Share | 0.48 X | ||||
| Target Price | 20.0 | ||||
| Number Of Employees | 224 | ||||
| Beta | 0.74 | ||||
| Market Capitalization | 153.01 M | ||||
| Total Asset | 89.34 M | ||||
| Retained Earnings | 51 M | ||||
| Working Capital | 22.95 M | ||||
| Current Asset | 20.94 M | ||||
| Current Liabilities | 3.99 M | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 2.94 % | ||||
| Net Asset | 89.34 M | ||||
| Last Dividend Paid | 0.28 |
About Northern Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Northern Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Northern Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Northern Technologies 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 | 39.3 M | 41.3 M | |
| Total Revenue | 99.3 M | 104.3 M | |
| Cost Of Revenue | 65.9 M | 69.2 M | |
| Stock Based Compensation To Revenue | 0.01 | 0.01 | |
| Sales General And Administrative To Revenue | 0.18 | 0.23 | |
| Research And Ddevelopement To Revenue | 0.05 | 0.07 | |
| Capex To Revenue | (0.04) | (0.05) | |
| Revenue Per Share | 8.30 | 8.72 | |
| Ebit Per Revenue | 0.08 | 0.1 |
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When running Northern Technologies' price analysis, check to measure Northern Technologies' 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 Northern Technologies is operating at the current time. Most of Northern Technologies' value examination focuses on studying past and present price action to predict the probability of Northern Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Technologies' price. Additionally, you may evaluate how the addition of Northern Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Northern Technologies' 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 Northern Technologies. If investors know Northern 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 Northern Technologies 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 3.25 | Dividend Share 0.28 | Earnings Share 0.48 | Revenue Per Share 8.802 | Quarterly Revenue Growth 0.141 |
The market value of Northern Technologies is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Technologies' value that differs from its market value or its book value, called intrinsic value, which is Northern Technologies' 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 Northern Technologies' market value can be influenced by many factors that don't directly affect Northern Technologies' 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 Northern Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Technologies' 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.