Medicinova Stock Earnings Per Share

MNOV Stock  USD 2.05  0.08  3.76%   
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.
  
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MediciNova Company Earnings Per Share Analysis

MediciNova's Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.

Earnings per Share

 = 

Earnings

Average Shares

More About Earnings Per Share | All Equity Analysis

Current MediciNova Earnings Per Share

    
  (0.21) X  
Most of MediciNova's fundamental indicators, such as Earnings 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 Earnings 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 Earnings 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.
1.0-0.750.0-0.860.170.240.990.9-0.510.030.33-0.27-0.470.960.88-0.82-0.20.930.930.56
1.0-0.71-0.05-0.850.160.261.00.9-0.450.040.29-0.27-0.420.970.89-0.8-0.140.930.930.54
-0.75-0.71-0.490.56-0.27-0.19-0.65-0.860.89-0.13-0.54-0.030.91-0.61-0.680.610.29-0.57-0.56-0.51
0.0-0.05-0.490.110.16-0.1-0.090.13-0.770.250.070.61-0.76-0.19-0.170.230.15-0.23-0.23-0.21
-0.86-0.850.560.11-0.280.12-0.86-0.730.30.06-0.390.290.28-0.86-0.790.740.32-0.84-0.85-0.57
0.170.16-0.270.16-0.28-0.110.150.29-0.2-0.080.4-0.04-0.190.190.3-0.39-0.280.070.060.27
0.240.26-0.19-0.10.12-0.110.260.27-0.07-0.3-0.09-0.39-0.040.240.29-0.370.10.230.220.25
0.991.0-0.65-0.09-0.860.150.260.87-0.390.020.25-0.29-0.360.980.88-0.79-0.110.930.930.53
0.90.9-0.860.13-0.730.290.270.87-0.610.110.49-0.21-0.620.880.92-0.77-0.180.730.720.63
-0.51-0.450.89-0.770.3-0.2-0.07-0.39-0.61-0.22-0.41-0.30.96-0.32-0.370.310.17-0.3-0.3-0.25
0.030.04-0.130.250.06-0.08-0.30.020.11-0.22-0.310.76-0.27-0.06-0.160.390.39-0.19-0.16-0.55
0.330.29-0.540.07-0.390.4-0.090.250.49-0.41-0.31-0.41-0.390.370.6-0.58-0.820.320.30.83
-0.27-0.27-0.030.610.29-0.04-0.39-0.29-0.21-0.30.76-0.41-0.35-0.4-0.510.680.52-0.46-0.43-0.77
-0.47-0.420.91-0.760.28-0.19-0.04-0.36-0.620.96-0.27-0.39-0.35-0.29-0.350.270.12-0.25-0.25-0.21
0.960.97-0.61-0.19-0.860.190.240.980.88-0.32-0.060.37-0.4-0.290.94-0.84-0.190.910.920.65
0.880.89-0.68-0.17-0.790.30.290.880.92-0.37-0.160.6-0.51-0.350.94-0.9-0.370.820.820.83
-0.82-0.80.610.230.74-0.39-0.37-0.79-0.770.310.39-0.580.680.27-0.84-0.90.53-0.84-0.82-0.85
-0.2-0.140.290.150.32-0.280.1-0.11-0.180.170.39-0.820.520.12-0.19-0.370.53-0.33-0.31-0.68
0.930.93-0.57-0.23-0.840.070.230.930.73-0.3-0.190.32-0.46-0.250.910.82-0.84-0.331.00.61
0.930.93-0.56-0.23-0.850.060.220.930.72-0.3-0.160.3-0.43-0.250.920.82-0.82-0.311.00.58
0.560.54-0.51-0.21-0.570.270.250.530.63-0.25-0.550.83-0.77-0.210.650.83-0.85-0.680.610.58
Click cells to compare fundamentals
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
Competition

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.
According to the company disclosure, MediciNova has an Earnings Per Share of -0.21 times. This is 102.51% lower than that of the Biotechnology sector and 95.62% lower than that of the Health Care industry. The earnings per share for all United States stocks is 106.73% higher than that of the company.

MediciNova Earnings 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 Earnings 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 earnings 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.
201920202021202220232024 (projected)
Market Cap290.9M233.6M130.2M100.5M90.5M99.2M
Enterprise Value227.5M173.8M58.9M82.2M74.0M82.8M

MediciNova ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, MediciNova's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to MediciNova's managers, analysts, and investors.
Environmental
Governance
Social

MediciNova Fundamentals

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.