Neo Financial Statements From 2010 to 2024
| NBMFF Stock | USD 0.63 0.04 6.78% |
Check Neo Battery financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Neo Battery's main balance sheet or income statement drivers, such as , as well as many indicators such as . Neo financial statements analysis is a perfect complement when working with Neo Battery Valuation or Volatility modules.
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Neo Battery Materials OTC Stock Return On Equity Analysis
Neo Battery'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 Neo Battery Return On Equity | -0.68 |
Most of Neo Battery'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, Neo Battery Materials 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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Based on the latest financial disclosure, Neo Battery Materials has a Return On Equity of -0.6809. This is 174.82% lower than that of the Basic Materials sector and significantly lower than that of the Other Industrial Metals & Mining industry. The return on equity for all United States stocks is 119.65% higher than that of the company.
Neo Battery Materials Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Neo Battery's current stock value. Our valuation model uses many indicators to compare Neo Battery value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Neo Battery competition to find correlations between indicators driving Neo Battery's intrinsic value. More Info.Neo Battery Materials is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . 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 Neo Battery's earnings, one of the primary drivers of an investment's value.About Neo Battery Financial Statements
Neo Battery stakeholders use historical fundamental indicators, such as Neo Battery's revenue or net income, to determine how well the company is positioned to perform in the future. Although Neo Battery investors may analyze each financial statement separately, they are all interrelated. For example, changes in Neo Battery's assets and liabilities are reflected in the revenues and expenses on Neo Battery's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Neo Battery Materials. Please read more on our technical analysis and fundamental analysis pages.
NEO Battery Materials Ltd., a junior resource company, focuses on the exploration of battery metals in North America. NEO Battery Materials Ltd. was incorporated in 2006 and is headquartered in Vancouver, Canada. NEO Battery is traded on OTC Exchange in the United States.
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Other Information on Investing in Neo OTC Stock
Neo Battery financial ratios help investors to determine whether Neo OTC Stock 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 Neo with respect to the benefits of owning Neo Battery security.