Novatek Jt Profitability Analysis

NOVKY -  USA Stock  

USD 267.40  8.30  3.20%

For Novatek Jt profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Novatek Jt to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Novatek Jt Stk utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Novatek Jt's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Novatek Jt Stk over time as well as its relative position and ranking within its peers. Additionally, see Stocks Correlation.

Novatek Current Profitability Trends 

 
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Is Novatek Jt'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 Novatek Jt. If investors know Novatek 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 Novatek Jt 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 Novatek Jt Stk is measured differently than its book value, which is the value of Novatek that is recorded on the company's balance sheet. Investors also form their own opinion of Novatek Jt's value that differs from its market value or its book value, called intrinsic value, which is Novatek Jt'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 Novatek Jt's market value can be influenced by many factors that don't directly affect Novatek Jt'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 Novatek Jt's value and its price as these two are different measures arrived at by different means. Investors typically determine Novatek Jt value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Novatek Jt'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.

Novatek Jt Stk Earnings Per Share vs. Working Capital Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Novatek Jt's current stock value. Our valuation model uses many indicators to compare Novatek Jt value to that of its competitors to determine the firm's financial worth.
Novatek Jt Stk is regarded third in working capital category among related companies. It is regarded third in earnings per share category among related companies . The ratio of Working Capital to Earnings Per Share for Novatek Jt Stk is about  1,199,586,207 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Novatek Jt by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Novatek Jt'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 Novatek Jt's earnings, one of the primary drivers of an investment's value.

Novatek Earnings Per Share vs. Working Capital

Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
Novatek Jt 
Working Capital 
 = 
Current Assets 
Current Liabilities 
8.7 B
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Novatek Jt 
Earnings per Share 
 = 
Earnings 
Average Shares 
7.25 X
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.

Novatek Earnings Per Share Comparison

Novatek Jt is regarded second in earnings per share category among related companies.

Novatek Jt Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Novatek Jt, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Novatek Jt will eventually generate negative long term returns. The profitability progress is the general direction of Novatek Jt's change in net profit over the period of time. It can combine multiple indicators of Novatek Jt, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
PAO NOVATEK, an independent oil and gas company, engages in the acquisition, exploration, development, production, processing, marketing, and export of natural gas and liquid hydrocarbons. PAO NOVATEK was founded in 1994 and is based in Tarko-Sale, Russia. Novatek Jt is traded on OTC Exchange in the United States.

Novatek Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Novatek Jt. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Novatek Jt position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Novatek Jt's important profitability drivers and their relationship over time.

Use Novatek Jt in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Novatek Jt position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Novatek Jt will appreciate offsetting losses from the drop in the long position's value.

Novatek Jt Pair Trading

Novatek Jt Stk Pair Trading Analysis

Correlation analysis and pair trading evaluation for Novatek Jt and ConocoPhillips. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Use Investing Themes to Complement your Novatek Jt position

In addition to having Novatek Jt in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Banks
Banks Theme
Large and small money and credit banks and credit services. Banks theme has 30 constituents.
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Additionally, see Stocks Correlation. Note that the Novatek Jt Stk information on this page should be used as a complementary analysis to other Novatek Jt's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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When running Novatek Jt Stk price analysis, check to measure Novatek Jt'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 Novatek Jt is operating at the current time. Most of Novatek Jt's value examination focuses on studying past and present price action to predict the probability of Novatek Jt's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Novatek Jt's price. Additionally, you may evaluate how the addition of Novatek Jt to your portfolios can decrease your overall portfolio volatility.
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To fully project Novatek Jt's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Novatek Jt Stk at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Novatek Jt's income statement, its balance sheet, and the statement of cash flows.
Potential Novatek Jt investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Novatek Jt investors may work on each financial statement separately, they are all related. The changes in Novatek Jt's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Novatek Jt's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.