Nanosonics Stock Fundamentals
| NAN Stock | 3.25 0.03 0.93% |
Nanosonics fundamentals help investors to digest information that contributes to Nanosonics' financial success or failures. It also enables traders to predict the movement of Nanosonics Stock. The fundamental analysis module provides a way to measure Nanosonics' 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 Nanosonics stock.
At this time, Nanosonics' Other Operating Expenses is comparatively stable compared to the past year. Operating Income is likely to gain to about 9.6 M in 2024, whereas Reconciled Depreciation is likely to drop slightly above 4.6 M in 2024. Nanosonics | Select Account or Indicator |
Nanosonics Company Return On Equity Analysis
Nanosonics' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Nanosonics Return On Equity | 0.075 |
Most of Nanosonics' fundamental indicators, such as Return On Equity, 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, Nanosonics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Nanosonics Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Nanosonics has a Return On Equity of 0.075. This is much higher than that of the Health Care Equipment & Supplies sector and significantly higher than that of the Health Care industry. The return on equity for all Australia stocks is notably lower than that of the firm.
Nanosonics Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nanosonics's current stock value. Our valuation model uses many indicators to compare Nanosonics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nanosonics competition to find correlations between indicators driving Nanosonics's intrinsic value. More Info.Nanosonics is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.31 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Nanosonics is roughly 3.21 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nanosonics' earnings, one of the primary drivers of an investment's value.Nanosonics Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nanosonics' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nanosonics could also be used in its relative valuation, which is a method of valuing Nanosonics by comparing valuation metrics of similar companies.Nanosonics is currently under evaluation in return on equity category among its peers.
Nanosonics Fundamentals
| Return On Equity | 0.075 | ||||
| Return On Asset | 0.0234 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 865.98 M | ||||
| Shares Outstanding | 303.45 M | ||||
| Shares Owned By Insiders | 17.84 % | ||||
| Shares Owned By Institutions | 46.67 % | ||||
| Price To Book | 5.41 X | ||||
| Price To Sales | 5.80 X | ||||
| Revenue | 171.56 M | ||||
| Gross Profit | 91.91 M | ||||
| EBITDA | 21.72 M | ||||
| Net Income | 12.97 M | ||||
| Cash And Equivalents | 1.84 M | ||||
| Total Debt | 9.3 M | ||||
| Book Value Per Share | 0.60 X | ||||
| Cash Flow From Operations | 22.78 M | ||||
| Earnings Per Share | 0.04 X | ||||
| Target Price | 3.46 | ||||
| Number Of Employees | 466 | ||||
| Beta | 1.56 | ||||
| Market Capitalization | 986.23 M | ||||
| Total Asset | 237.34 M | ||||
| Retained Earnings | 37.71 M | ||||
| Working Capital | 166.22 M | ||||
| Net Asset | 237.34 M |
About Nanosonics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nanosonics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nanosonics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nanosonics 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 | 11.3 M | 11.8 M | |
| Total Revenue | 171.6 M | 180.1 M | |
| Cost Of Revenue | 37.6 M | 39.5 M |
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Additional Tools for Nanosonics Stock Analysis
When running Nanosonics' price analysis, check to measure Nanosonics' 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 Nanosonics is operating at the current time. Most of Nanosonics' value examination focuses on studying past and present price action to predict the probability of Nanosonics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nanosonics' price. Additionally, you may evaluate how the addition of Nanosonics to your portfolios can decrease your overall portfolio volatility.