Northeast Bancorp Stock Price To Earning
| NBN Stock | USD 99.60 0.89 0.89% |
Northeast Bancorp fundamentals help investors to digest information that contributes to Northeast Bancorp's financial success or failures. It also enables traders to predict the movement of Northeast Stock. The fundamental analysis module provides a way to measure Northeast Bancorp'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 Northeast Bancorp stock.
Northeast | Price To Earning |
Northeast Bancorp Company Price To Earning Analysis
Northeast Bancorp's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Northeast Bancorp Price To Earning | 12.97 X |
Most of Northeast Bancorp's fundamental indicators, such as Price To Earning, 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, Northeast Bancorp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Northeast Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for Northeast Bancorp is extremely important. It helps to project a fair market value of Northeast Stock properly, considering its historical fundamentals such as Price To Earning. Since Northeast Bancorp'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 Northeast Bancorp'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 Northeast Bancorp's interrelated accounts and indicators.
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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Northeast Retained Earnings
Retained Earnings |
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Based on the latest financial disclosure, Northeast Bancorp has a Price To Earning of 12.97 times. This is 29.05% lower than that of the Banks sector and significantly higher than that of the Financials industry. The price to earning for all United States stocks is 54.84% higher than that of the company.
Northeast Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Northeast Bancorp's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Northeast Bancorp could also be used in its relative valuation, which is a method of valuing Northeast Bancorp by comparing valuation metrics of similar companies.Northeast Bancorp is currently under evaluation in price to earning category among its peers.
Northeast Bancorp Current Valuation Drivers
We derive many important indicators used in calculating different scores of Northeast Bancorp from analyzing Northeast Bancorp's financial statements. These drivers represent accounts that assess Northeast Bancorp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Northeast Bancorp's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 155.5M | 247.2M | 285.2M | 306.1M | 461.4M | 484.5M | |
| Enterprise Value | 58.7M | (727.2M) | 132.5M | 692.7M | 584.7M | 614.0M |
Northeast Bancorp 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, Northeast Bancorp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Northeast Bancorp's managers, analysts, and investors.Environmental | Governance | Social |
Northeast Fundamentals
| Return On Equity | 0.17 | |||
| Return On Asset | 0.0177 | |||
| Profit Margin | 0.38 % | |||
| Operating Margin | 0.59 % | |||
| Current Valuation | 880.67 M | |||
| Shares Outstanding | 8.21 M | |||
| Shares Owned By Insiders | 0.24 % | |||
| Shares Owned By Institutions | 60.07 % | |||
| Number Of Shares Shorted | 47.79 K | |||
| Price To Earning | 12.97 X | |||
| Price To Book | 2.08 X | |||
| Price To Sales | 5.18 X | |||
| Revenue | 263.77 M | |||
| Gross Profit | 121.66 M | |||
| EBITDA | 91.18 M | |||
| Net Income | 58.23 M | |||
| Cash And Equivalents | 169.48 M | |||
| Cash Per Share | 22.48 X | |||
| Total Debt | 365.44 M | |||
| Debt To Equity | 7.46 % | |||
| Book Value Per Share | 47.80 X | |||
| Cash Flow From Operations | 2.56 M | |||
| Short Ratio | 1.24 X | |||
| Earnings Per Share | 7.57 X | |||
| Target Price | 107.0 | |||
| Number Of Employees | 194 | |||
| Beta | 1.06 | |||
| Market Capitalization | 840.41 M | |||
| Total Asset | 3.13 B | |||
| Retained Earnings | 303.93 M | |||
| Annual Yield | 0.0004 % | |||
| Five Year Return | 0.17 % | |||
| Net Asset | 3.13 B | |||
| Last Dividend Paid | 0.04 |
About Northeast Bancorp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Northeast Bancorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Northeast Bancorp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Northeast Bancorp 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.
Pair Trading with Northeast Bancorp
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 Northeast Bancorp 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 Northeast Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with Northeast Stock
| 0.81 | AX | Axos Financial | PairCorr |
| 0.8 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.62 | KB | KB Financial Group | PairCorr |
Moving against Northeast Stock
| 0.61 | TFC-PO | Truist Financial | PairCorr |
| 0.54 | TFC-PR | Truist Financial | PairCorr |
| 0.52 | CFG-PE | Citizens Financial | PairCorr |
| 0.48 | WF | Woori Financial Group | PairCorr |
The ability to find closely correlated positions to Northeast Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Northeast Bancorp 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 Northeast Bancorp - 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 Northeast Bancorp to buy it.
The correlation of Northeast Bancorp 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 Northeast Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Northeast Bancorp 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 Northeast Bancorp 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.Check out Northeast Bancorp Piotroski F Score and Northeast Bancorp Altman Z Score analysis. To learn how to invest in Northeast Stock, please use our How to Invest in Northeast Bancorp guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northeast Bancorp. If investors know Northeast will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northeast Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.05 | Dividend Share 0.04 | Earnings Share 7.57 | Revenue Per Share 20.544 | Quarterly Revenue Growth 0.132 |
The market value of Northeast Bancorp is measured differently than its book value, which is the value of Northeast that is recorded on the company's balance sheet. Investors also form their own opinion of Northeast Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Northeast Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northeast Bancorp's market value can be influenced by many factors that don't directly affect Northeast Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northeast Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northeast Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northeast Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.