Based on the analysis of NOVA VISION's profitability, liquidity, and operating efficiency, NOVA VISION ACQUISITION is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in February.
NOVA
Please note, the imprecision that can be found in NOVA VISION's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of NOVA VISION ACQUISITION. Check NOVA VISION's Beneish M Score to see the likelihood of NOVA VISION's management manipulating its earnings.
NOVA VISION Stock Summary
NOVA VISION competes with PowerUp Acquisition. 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.
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.
NOVA VISION Market Pulse
Quote
37.00
Change(%)
0.00
Change
0.00
Open
37.0
Low
37.0
High
37.0
Volume
0
Exchange
NASDAQ
Steps to analyze company Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as NOVA VISION is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of NOVA has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if NOVA VISION's financials are consistent with your investment objective using the following steps:
Review NOVA VISION's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
Study the cash flow inflows and outflows to understand NOVA VISION's liquidity and solvency.
Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
Compare NOVA VISION's financials to those of its peers to see how it stacks up and identify any potential red flags.
Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if NOVA VISION's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.
NOVA VISION Thematic Clasifications
NOVA VISION ACQUISITION is part of several thematic ideas from Investing to Heavy Metals. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Along with financial statement analysis, the daily predictive indicators of NOVA VISION help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of NOVA VISION ACQUISITION. We use our internally-developed statistical techniques to arrive at the intrinsic value of NOVA VISION ACQUISITION based on widely used predictive technical indicators. In general, we focus on analyzing NOVA Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NOVA VISION's daily price indicators and compare them against related drivers.
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.