New Alternatives Financial Statements From 2010 to 2024
| NALFX Fund | USD 64.80 0.32 0.50% |
Check New Alternatives financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New Alternatives' main balance sheet or income statement drivers, such as , as well as many indicators such as . New financial statements analysis is a perfect complement when working with New Alternatives Valuation or Volatility modules.
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New Alternatives Fund Mutual Fund Price To Earning Analysis
New Alternatives' Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current New Alternatives Price To Earning | 19.64 X |
Most of New Alternatives' fundamental indicators, such as Price To Earning, 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, New Alternatives Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, New Alternatives Fund has a Price To Earning of 19.64 times. This is much higher than that of the New Alternatives family and significantly higher than that of the World Small/Mid Stock category. The price to earning for all United States funds is notably lower than that of the firm.
New Alternatives Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining New Alternatives's current stock value. Our valuation model uses many indicators to compare New Alternatives value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across New Alternatives competition to find correlations between indicators driving New Alternatives's intrinsic value. More Info.New Alternatives Fund is number one fund in price to earning among similar funds. It also is number one fund in price to book among similar funds fabricating about 0.07 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for New Alternatives Fund is roughly 13.83 . 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 New Alternatives' earnings, one of the primary drivers of an investment's value.About New Alternatives Financial Statements
New Alternatives investors use historical fundamental indicators, such as New Alternatives' revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in New Alternatives. Please read more on our technical analysis and fundamental analysis pages.
The fund seeks to achieve its investment objective by investing in equity securities. The equity securities in which the fund invests consist primarily of common stocks. Other equity securities in which the fund may invest include YieldCos, American Depository Receipts , real estate investment trusts and publicly-traded master limited partnerships . The fund makes investments in a wide range of industries and in companies of all sizes.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in New Mutual Fund
New Alternatives financial ratios help investors to determine whether New Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in New with respect to the benefits of owning New Alternatives security.
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