Nova Wellness Group Stock Price To Book
| 0201 Stock | 0.45 0.01 2.27% |
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.
Nova |
Nova Wellness Group Company Price To Book Analysis
Nova Wellness' Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Nova Wellness Price To Book | 2.75 X |
Most of Nova Wellness' fundamental indicators, such as Price To Book, 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.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Nova Wellness Group has a Price To Book of 2.755 times. This is much higher than that of the Consumer Non-Cyclicals sector and significantly higher than that of the Food & Tobacco industry. The price to book for all Malaysia stocks is notably lower than that of the firm.
Nova Price To Book 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 Price To Book 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 price to book category among its peers.
Nova Fundamentals
| Return On Equity | 14.86 | |||
| Current Valuation | 273.73 M | |||
| Price To Book | 2.75 X | |||
| Price To Sales | 6.20 X | |||
| Revenue | 49.14 M | |||
| EBITDA | 21.21 M | |||
| Net Income | 20.28 M | |||
| Cash Flow From Operations | 12.27 M | |||
| Market Capitalization | 281.93 M | |||
| Total Asset | 112.44 M | |||
| Annual Yield | 0.02 % | |||
| Net Asset | 112.44 M |
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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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.