Nova Leap Health Stock Fundamentals
NVLPF Stock | USD 0.22 0.02 10.00% |
Nova Leap Health fundamentals help investors to digest information that contributes to Nova Leap's financial success or failures. It also enables traders to predict the movement of Nova OTC Stock. The fundamental analysis module provides a way to measure Nova Leap'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 Nova Leap otc stock.
Nova |
Nova Leap Health OTC Stock Return On Equity Analysis
Nova Leap'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 Nova Leap Return On Equity | -0.0309 |
Most of Nova Leap'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, Nova Leap Health 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, Nova Leap Health has a Return On Equity of -0.0309. This is 99.87% lower than that of the Healthcare sector and significantly lower than that of the Medical Care Facilities industry. The return on equity for all United States stocks is 90.03% lower than that of the firm.
Nova Leap Health Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nova Leap's current stock value. Our valuation model uses many indicators to compare Nova Leap value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nova Leap competition to find correlations between indicators driving Nova Leap's intrinsic value. More Info.Nova Leap Health is considered to be number one stock in return on equity category among related companies. It is considered to be number one stock in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nova Leap by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nova Leap's OTC 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 Nova Leap's earnings, one of the primary drivers of an investment's value.Nova Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nova Leap's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Nova Leap could also be used in its relative valuation, which is a method of valuing Nova Leap by comparing valuation metrics of similar companies.Nova Leap is currently under evaluation in return on equity category among related companies.
Nova Fundamentals
Return On Equity | -0.0309 | |||
Return On Asset | -0.0294 | |||
Profit Margin | (0.02) % | |||
Operating Margin | (0.04) % | |||
Current Valuation | 18.18 M | |||
Shares Outstanding | 86.21 M | |||
Shares Owned By Insiders | 36.06 % | |||
Price To Earning | 10.57 X | |||
Price To Book | 1.12 X | |||
Price To Sales | 0.79 X | |||
Revenue | 21.28 M | |||
Gross Profit | 7.21 M | |||
EBITDA | 3.74 M | |||
Net Income | 1.76 M | |||
Cash And Equivalents | 794.12 K | |||
Cash Per Share | 0.01 X | |||
Total Debt | 896.13 K | |||
Debt To Equity | 0.33 % | |||
Current Ratio | 0.87 X | |||
Book Value Per Share | 0.22 X | |||
Cash Flow From Operations | 2.18 M | |||
Beta | 0.66 | |||
Market Capitalization | 16.91 M | |||
Total Asset | 26.77 M | |||
Z Score | 10.8 | |||
Net Asset | 26.77 M |
About Nova Leap Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nova Leap Health's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nova Leap using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nova Leap Health based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.Nova Leap Health Corp. provides home and home health care services in the United States and Canada. Nova Leap Health Corp. was incorporated in 2015 and is headquartered in Halifax, Canada. Nova Leap is traded on OTC Exchange in the United States.
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nova Leap Health. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Nova OTC Stock analysis
When running Nova Leap's price analysis, check to measure Nova Leap'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 Nova Leap is operating at the current time. Most of Nova Leap's value examination focuses on studying past and present price action to predict the probability of Nova Leap's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nova Leap's price. Additionally, you may evaluate how the addition of Nova Leap to your portfolios can decrease your overall portfolio volatility.
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