Nova Wellness Group Stock Net Income

0201 Stock   0.40  0.00  0.00%   
Nova Wellness Group fundamentals help investors to digest information that contributes to Nova Wellness' financial success or failures. It also enables traders to predict the movement of Nova Stock. The fundamental analysis module provides a way to measure Nova Wellness' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nova Wellness stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Nova Wellness Group Company Net Income Analysis

Nova Wellness' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Nova Wellness Net Income

    
  20.28 M  
Most of Nova Wellness' fundamental indicators, such as Net Income, 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 Wellness Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Based on the recorded statements, Nova Wellness Group reported net income of 20.28 M. This is much higher than that of the Consumer Non-Cyclicals sector and significantly higher than that of the Food & Tobacco industry. The net income for all Malaysia stocks is notably lower than that of the firm.

Nova Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nova Wellness' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nova Wellness could also be used in its relative valuation, which is a method of valuing Nova Wellness by comparing valuation metrics of similar companies.
Nova Wellness is currently under evaluation in net income category among its peers.

Nova Fundamentals

About Nova Wellness Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nova Wellness Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nova Wellness using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nova Wellness Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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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 Nova Stock

Nova Wellness financial ratios help investors to determine whether Nova 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 Nova with respect to the benefits of owning Nova Wellness security.