Northern Technologies Stock Performance
| NTIC Stock | USD 16.23 0.62 3.97% |
On a scale of 0 to 100, Northern Technologies holds a performance score of 11. The company secures a Beta (Market Risk) of -0.85, which conveys possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Northern Technologies are expected to decrease slowly. On the other hand, during market turmoil, Northern Technologies is expected to outperform it slightly. Please check Northern Technologies' expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether Northern Technologies' current price movements will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Northern Technologies are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady forward indicators, Northern Technologies exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
Five Day Return 12.01 | Year To Date Return 49.57 | Ten Year Return 63.68 | All Time Return 1.1 K |
Forward Dividend Yield 0.0173 | Payout Ratio 0.5833 | Last Split Factor 2:1 | Forward Dividend Rate 0.28 | Dividend Date 2024-05-15 |
| Northern Technologies dividend paid on 14th of February 2024 | 02/14/2024 |
1 | Zebra Technologies Co. Shares Acquired by Northern Trust Corp - MarketBeat | 02/27/2024 |
2 | Northern Technologies International Co. Shares Purchased by Dynamic Advisor Solutions LLC - Defense World | 03/25/2024 |
3 | Northern Technologies International Corporation to Announce Fiscal 2024 Second Quarter Financial Results and Host Conference Call | 04/04/2024 |
4 | Northern Technologies International Corporation Reports Financial Results for Second Quarter Fiscal 2024 | 04/11/2024 |
5 | Northern Technologies International Corporation Q2 2024 Earnings Call Transcript | 04/16/2024 |
6 | Northern Technologies declares 0.07 dividend | 04/17/2024 |
| Begin Period Cash Flow | 5.3 M |
Northern |
Northern Technologies Relative Risk vs. Return Landscape
If you would invest 1,322 in Northern Technologies on January 26, 2024 and sell it today you would earn a total of 413.00 from holding Northern Technologies or generate 31.24% return on investment over 90 days. Northern Technologies is currently generating 0.4959% in daily expected returns and assumes 3.4249% risk (volatility on return distribution) over the 90 days horizon. In different words, 30% of stocks are less volatile than Northern, and 91% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Northern Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northern Technologies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Northern Technologies, and traders can use it to determine the average amount a Northern Technologies' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1448
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Estimated Market Risk
| 3.42 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Northern Technologies is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Northern Technologies by adding it to a well-diversified portfolio.
Northern Technologies Fundamentals Growth
Northern Stock prices reflect investors' perceptions of the future prospects and financial health of Northern Technologies, and Northern Technologies fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Northern Stock performance.
| Return On Equity | 0.0861 | ||||
| Return On Asset | 0.0111 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 166.64 M | ||||
| Shares Outstanding | 9.43 M | ||||
| 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 | ||||
| Earnings Per Share | 0.51 X | ||||
| Market Capitalization | 163.57 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 | ||||
About Northern Technologies Performance
To evaluate Northern Technologies Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Northern Technologies generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Northern Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Northern Technologies market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Northern's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 75.10 | 76.25 | |
| Return On Tangible Assets | 0.04 | 0.04 | |
| Return On Capital Employed | 0.1 | 0.09 | |
| Return On Assets | 0.04 | 0.04 | |
| Return On Equity | 0.05 | 0.05 |
Things to note about Northern Technologies performance evaluation
Checking the ongoing alerts about Northern Technologies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Northern Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Northern Technologies had very high historical volatility over the last 90 days | |
| About 17.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from seekingalpha.com: Northern Technologies declares 0.07 dividend |
- Analyzing Northern Technologies' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Northern Technologies' stock is overvalued or undervalued compared to its peers.
- Examining Northern Technologies' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Northern Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Northern Technologies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Northern Technologies' stock. These opinions can provide insight into Northern Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Northern Stock refer to our How to Trade Northern Stock guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Northern Stock analysis
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 0.51 | 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.