NOVA Financial Statements From 2010 to 2025
NOVV Stock | USD 37.00 0.00 0.00% |
Check NOVA VISION financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NOVA VISION's main balance sheet or income statement drivers, such as , as well as many indicators such as . NOVA financial statements analysis is a perfect complement when working with NOVA VISION Valuation or Volatility modules.
NOVA |
NOVA VISION ACQUISITION Company Return On Equity Analysis
NOVA VISION'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 VISION Return On Equity | -0.0309 |
Most of NOVA VISION'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 VISION ACQUISITION 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.
CompetitionBased on the latest financial disclosure, NOVA VISION ACQUISITION has a Return On Equity of -0.0309. This is 102.13% lower than that of the Capital Markets sector and significantly lower than that of the Financials industry. The return on equity for all United States stocks is 90.03% lower than that of the firm.
NOVA VISION ACQUISITION Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining NOVA VISION's current stock value. Our valuation model uses many indicators to compare NOVA VISION value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NOVA VISION competition to find correlations between indicators driving NOVA VISION's intrinsic value. More Info.NOVA VISION ACQUISITION is regarded second in return on equity category among its peers. It is rated below average in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value NOVA VISION by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About NOVA VISION Financial Statements
NOVA VISION investors use historical fundamental indicators, such as NOVA VISION's 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 NOVA VISION. Please read more on our technical analysis and fundamental analysis pages.
Nova Vision Acquisition Corporation does not have significant operations. Nova Vision Acquisition Corporation was incorporated in 2021 and is based in Singapore, Singapore. Nova Vision is traded on NASDAQ Exchange in the United States.
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Additional Tools for NOVA Stock Analysis
When running NOVA VISION's price analysis, check to measure NOVA VISION'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 VISION is operating at the current time. Most of NOVA VISION's value examination focuses on studying past and present price action to predict the probability of NOVA VISION'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 VISION's price. Additionally, you may evaluate how the addition of NOVA VISION to your portfolios can decrease your overall portfolio volatility.