Medicinova Stock Book Value Per Share

MNOV Stock

USD 2.00 0.05 2.56%

MediciNova fundamentals help investors to digest information that contributes to MediciNova's financial success or failures. It also enables traders to predict the movement of MediciNova Stock. The fundamental analysis module provides a way to measure MediciNova'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 MediciNova stock.

	Last Reported	Projected for Next Year
Book Value Per Share	1.27	1.21
Tangible Book Value Per Share	0.98	0.93

Book Value Per Share is likely to drop to 1.21 in 2024. Tangible Book Value Per Share is likely to drop to 0.93 in 2024.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

MediciNova Company Book Value Per Share Analysis

MediciNova's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Book Value per Share

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current MediciNova Book Value Per Share

1.27 X

Most of MediciNova's fundamental indicators, such as Book Value Per Share, 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, MediciNova is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

MediciNova Book Value Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for MediciNova is extremely important. It helps to project a fair market value of MediciNova Stock properly, considering its historical fundamentals such as Book Value Per Share. Since MediciNova's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of MediciNova's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of MediciNova's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Retained Earnings	Total Liab	Net Debt	Accounts Payable	Short Term Investments	Total Current Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue	Good Will	Short Term Debt	Intangible Assets	Net Tangible Assets	Capital Surpluse	Deferred Long Term Liab	Net Receivables	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		1.0	-0.75	0.0	-0.86	0.17	0.24	0.99	0.9	-0.51	0.03	0.33	-0.27	-0.47	0.96	0.88	-0.82	-0.2	0.93	0.93	0.56
Total Stockholder Equity	1.0		-0.71	-0.05	-0.85	0.16	0.26	1.0	0.9	-0.45	0.04	0.29	-0.27	-0.42	0.97	0.89	-0.8	-0.14	0.93	0.93	0.54
Retained Earnings	-0.75	-0.71		-0.49	0.56	-0.27	-0.19	-0.65	-0.86	0.89	-0.13	-0.54	-0.03	0.91	-0.61	-0.68	0.61	0.29	-0.57	-0.56	-0.51
Total Liab	0.0	-0.05	-0.49		0.11	0.16	-0.1	-0.09	0.13	-0.77	0.25	0.07	0.61	-0.76	-0.19	-0.17	0.23	0.15	-0.23	-0.23	-0.21
Net Debt	-0.86	-0.85	0.56	0.11		-0.28	0.12	-0.86	-0.73	0.3	0.06	-0.39	0.29	0.28	-0.86	-0.79	0.74	0.32	-0.84	-0.85	-0.57
Accounts Payable	0.17	0.16	-0.27	0.16	-0.28		-0.11	0.15	0.29	-0.2	-0.08	0.4	-0.04	-0.19	0.19	0.3	-0.39	-0.28	0.07	0.06	0.27
Short Term Investments	0.24	0.26	-0.19	-0.1	0.12	-0.11		0.26	0.27	-0.07	-0.3	-0.09	-0.39	-0.04	0.24	0.29	-0.37	0.1	0.23	0.22	0.25
Total Current Assets	0.99	1.0	-0.65	-0.09	-0.86	0.15	0.26		0.87	-0.39	0.02	0.25	-0.29	-0.36	0.98	0.88	-0.79	-0.11	0.93	0.93	0.53
Common Stock	0.9	0.9	-0.86	0.13	-0.73	0.29	0.27	0.87		-0.61	0.11	0.49	-0.21	-0.62	0.88	0.92	-0.77	-0.18	0.73	0.72	0.63
Property Plant Equipment	-0.51	-0.45	0.89	-0.77	0.3	-0.2	-0.07	-0.39	-0.61		-0.22	-0.41	-0.3	0.96	-0.32	-0.37	0.31	0.17	-0.3	-0.3	-0.25
Current Deferred Revenue	0.03	0.04	-0.13	0.25	0.06	-0.08	-0.3	0.02	0.11	-0.22		-0.31	0.76	-0.27	-0.06	-0.16	0.39	0.39	-0.19	-0.16	-0.55
Good Will	0.33	0.29	-0.54	0.07	-0.39	0.4	-0.09	0.25	0.49	-0.41	-0.31		-0.41	-0.39	0.37	0.6	-0.58	-0.82	0.32	0.3	0.83
Short Term Debt	-0.27	-0.27	-0.03	0.61	0.29	-0.04	-0.39	-0.29	-0.21	-0.3	0.76	-0.41		-0.35	-0.4	-0.51	0.68	0.52	-0.46	-0.43	-0.77
Intangible Assets	-0.47	-0.42	0.91	-0.76	0.28	-0.19	-0.04	-0.36	-0.62	0.96	-0.27	-0.39	-0.35		-0.29	-0.35	0.27	0.12	-0.25	-0.25	-0.21
Net Tangible Assets	0.96	0.97	-0.61	-0.19	-0.86	0.19	0.24	0.98	0.88	-0.32	-0.06	0.37	-0.4	-0.29		0.94	-0.84	-0.19	0.91	0.92	0.65
Capital Surpluse	0.88	0.89	-0.68	-0.17	-0.79	0.3	0.29	0.88	0.92	-0.37	-0.16	0.6	-0.51	-0.35	0.94		-0.9	-0.37	0.82	0.82	0.83
Deferred Long Term Liab	-0.82	-0.8	0.61	0.23	0.74	-0.39	-0.37	-0.79	-0.77	0.31	0.39	-0.58	0.68	0.27	-0.84	-0.9		0.53	-0.84	-0.82	-0.85
Net Receivables	-0.2	-0.14	0.29	0.15	0.32	-0.28	0.1	-0.11	-0.18	0.17	0.39	-0.82	0.52	0.12	-0.19	-0.37	0.53		-0.33	-0.31	-0.68
Net Invested Capital	0.93	0.93	-0.57	-0.23	-0.84	0.07	0.23	0.93	0.73	-0.3	-0.19	0.32	-0.46	-0.25	0.91	0.82	-0.84	-0.33		1.0	0.61
Net Working Capital	0.93	0.93	-0.56	-0.23	-0.85	0.06	0.22	0.93	0.72	-0.3	-0.16	0.3	-0.43	-0.25	0.92	0.82	-0.82	-0.31	1.0		0.58
Capital Stock	0.56	0.54	-0.51	-0.21	-0.57	0.27	0.25	0.53	0.63	-0.25	-0.55	0.83	-0.77	-0.21	0.65	0.83	-0.85	-0.68	0.61	0.58

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MediciNova Book Value Per Share Historical Pattern

Today, most investors in MediciNova Stock are looking for potential investment opportunities by analyzing not only static indicators but also various MediciNova's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's book value per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of MediciNova book value per share as a starting point in their analysis.

MediciNova Book Value Per Share

Timeline

The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.

Competition

Predict MediciNova

Book Value Per Share Over Time

MediciNova Common Stock Shares Outstanding

Common Stock Shares Outstanding

24.61 Million

At this time, MediciNova's Common Stock Shares Outstanding is fairly stable compared to the past year.

In accordance with the recently published financial statements, the book value per share of MediciNova is about 1.272 times. This is 174.82% lower than that of the Biotechnology sector and 100.51% lower than that of the Health Care industry. The book value per share for all United States stocks is 99.93% higher than that of the company.

MediciNova Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MediciNova's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of MediciNova could also be used in its relative valuation, which is a method of valuing MediciNova by comparing valuation metrics of similar companies.

MediciNova is currently under evaluation in book value per share category among its peers.

MediciNova Current Valuation Drivers

We derive many important indicators used in calculating different scores of MediciNova from analyzing MediciNova's financial statements. These drivers represent accounts that assess MediciNova's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of MediciNova's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	290.9M	233.6M	130.2M	100.5M	90.5M	99.2M
Enterprise Value	227.5M	173.8M	58.9M	82.2M	74.0M	82.8M

MediciNova Fundamentals

	Return On Equity	-0.13
	Return On Asset	-0.0951
	Operating Margin	(9.82) %
	Current Valuation	53.94 M
	Shares Outstanding	49.05 M
	Shares Owned By Insiders	2.98 %
	Shares Owned By Institutions	21.30 %
	Number Of Shares Shorted	182.2 K
	Price To Earning	(24.69) X
	Price To Book	1.71 X
	Price To Sales	98.09 X
	Revenue	1000 K
	Gross Profit	4.04 M
	EBITDA	(9.88 M)
	Net Income	(8.57 M)
	Cash And Equivalents	65.23 M
	Cash Per Share	1.33 X
	Total Debt	215.93 K
	Debt To Equity	0.01 %
	Current Ratio	17.17 X
	Book Value Per Share	1.27 X
	Cash Flow From Operations	(7.43 M)
	Short Ratio	11.20 X
	Earnings Per Share	(0.16) X
	Price To Earnings To Growth	(0.94) X
	Target Price	8.0
	Number Of Employees	13
	Beta	0.77
	Market Capitalization	98.09 M
	Total Asset	66.27 M
	Retained Earnings	(415.7 M)
	Working Capital	47.9 M
	Current Asset	22.73 M
	Current Liabilities	1.49 M
	Net Asset	66.27 M

About MediciNova Fundamental Analysis

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

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

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