New Concept Energy Stock Fundamentals
| GBR Stock | USD 1.20 0.02 1.69% |
New Concept Energy fundamentals help investors to digest information that contributes to New Concept's financial success or failures. It also enables traders to predict the movement of New Stock. The fundamental analysis module provides a way to measure New Concept's 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 New Concept stock.
At this time, New Concept's Non Operating Income Net Other is relatively stable compared to the past year. As of 11/22/2024, Discontinued Operations is likely to grow to about 2.4 M, while Depreciation And Amortization is likely to drop slightly above 12.3 K. New | Select Account or Indicator |
New Concept Energy Company Profit Margin Analysis
New Concept's Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Current New Concept Profit Margin | (0.19) % |
Most of New Concept's fundamental indicators, such as Profit Margin, 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, New Concept Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
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New Pretax Profit Margin
Pretax Profit Margin |
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Based on the latest financial disclosure, New Concept Energy has a Profit Margin of -0.1862%. This is 101.77% lower than that of the Oil, Gas & Consumable Fuels sector and 112.33% lower than that of the Energy industry. The profit margin for all United States stocks is 85.34% lower than that of the firm.
New Concept Energy Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining New Concept's current stock value. Our valuation model uses many indicators to compare New Concept value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across New Concept competition to find correlations between indicators driving New Concept's intrinsic value. More Info.New Concept Energy is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers . At this time, New Concept's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value New Concept 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.New Profit Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses New Concept's direct or indirect competition against its Profit Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of New Concept could also be used in its relative valuation, which is a method of valuing New Concept by comparing valuation metrics of similar companies.New Concept is currently under evaluation in profit margin category among its peers.
New Fundamentals
| Return On Equity | -0.0059 | ||||
| Return On Asset | -0.0345 | ||||
| Profit Margin | (0.19) % | ||||
| Operating Margin | (1.43) % | ||||
| Current Valuation | 5.61 M | ||||
| Shares Outstanding | 5.13 M | ||||
| Shares Owned By Insiders | 17.46 % | ||||
| Shares Owned By Institutions | 5.50 % | ||||
| Number Of Shares Shorted | 15.97 K | ||||
| Price To Earning | 3.67 X | ||||
| Price To Book | 1.33 X | ||||
| Price To Sales | 42.47 X | ||||
| Revenue | 152 K | ||||
| Gross Profit | 155 K | ||||
| EBITDA | (8 K) | ||||
| Net Income | (21 K) | ||||
| Cash And Equivalents | 436 K | ||||
| Cash Per Share | 0.07 X | ||||
| Total Debt | 75 K | ||||
| Debt To Equity | 0.03 % | ||||
| Current Ratio | 70.66 X | ||||
| Book Value Per Share | 0.89 X | ||||
| Cash Flow From Operations | 22 K | ||||
| Short Ratio | 0.66 X | ||||
| Earnings Per Share | (0.03) X | ||||
| Beta | 0.32 | ||||
| Market Capitalization | 6.04 M | ||||
| Total Asset | 4.63 M | ||||
| Retained Earnings | (59.08 M) | ||||
| Working Capital | 384 K | ||||
| Current Asset | 651 K | ||||
| Current Liabilities | 1.22 M | ||||
| Net Asset | 4.63 M |
About New Concept Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze New Concept Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New Concept using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New Concept Energy 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 389.9 K | 370.4 K | |
| Total Revenue | 152 K | 144.4 K | |
| Cost Of Revenue | 51.3 K | 48.7 K | |
| Sales General And Administrative To Revenue | 2.22 | 2.33 | |
| Capex To Revenue | 0.07 | 0.06 | |
| Revenue Per Share | 0.03 | 0.03 | |
| Ebit Per Revenue | (1.60) | (1.52) |
Pair Trading with New Concept
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if New Concept position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in New Concept will appreciate offsetting losses from the drop in the long position's value.Moving against New Stock
The ability to find closely correlated positions to New Concept could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New Concept when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back New Concept - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling New Concept Energy to buy it.
The correlation of New Concept is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as New Concept moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New Concept Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for New Concept can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for New Stock Analysis
When running New Concept's price analysis, check to measure New Concept'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 New Concept is operating at the current time. Most of New Concept's value examination focuses on studying past and present price action to predict the probability of New Concept's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Concept's price. Additionally, you may evaluate how the addition of New Concept to your portfolios can decrease your overall portfolio volatility.