New World Development Financials

New World Stock Summary

New World competes with McDonalds, Academy Sports, Asure Software, Rackspace Technology, and Silvercrest Asset. New World Development Company Limited, an investment holding company, invests in, develops, constructs, operates, manages, rents, and leases properties. New World Development Company Limited was founded in 1970 and is headquartered in Hong Kong, Hong Kong. New World is traded on BATS Exchange in the United States.

New World Key Financial Ratios

There are many critical financial ratios that New World's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that New World Development reports annually and quarterly.

New Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining New World's current stock value. Our valuation model uses many indicators to compare New World value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across New World competition to find correlations between indicators driving New World's intrinsic value. More Info.New World Development is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about  0.33  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for New World Development is roughly  3.01 . 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 World's earnings, one of the primary drivers of an investment's value.

Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

If you are still planning to invest in New World Development check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the New World's history and understand the potential risks before investing.