Novatech Industries Sa Stock Price To Book

MLNOV Stock  EUR 10.50  0.00  0.00%   
Novatech Industries SA fundamentals help investors to digest information that contributes to Novatech Industries' financial success or failures. It also enables traders to predict the movement of Novatech Stock. The fundamental analysis module provides a way to measure Novatech Industries' 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 Novatech Industries 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.

Novatech Industries SA Company Price To Book Analysis

Novatech Industries' 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.

P/B

 = 

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis
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, Novatech Industries SA has a Price To Book of 0.0 times. This is 100.0% lower than that of the Technology sector and 100.0% lower than that of the Electronic Components industry. The price to book for all France stocks is 100.0% higher than that of the company.

Novatech Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Novatech Industries' 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 Novatech Industries could also be used in its relative valuation, which is a method of valuing Novatech Industries by comparing valuation metrics of similar companies.
Novatech Industries is currently under evaluation in price to book category among its peers.

Novatech Fundamentals

About Novatech Industries Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Novatech Industries SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Novatech Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Novatech Industries SA 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.

Also Currently Popular

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.

Additional Tools for Novatech Stock Analysis

When running Novatech Industries' price analysis, check to measure Novatech Industries' 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 Novatech Industries is operating at the current time. Most of Novatech Industries' value examination focuses on studying past and present price action to predict the probability of Novatech Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novatech Industries' price. Additionally, you may evaluate how the addition of Novatech Industries to your portfolios can decrease your overall portfolio volatility.