Noco Noco Ordinary Share Stock Fundamentals

NCNC Stock   0.03  0.07  69.20%   
noco noco Ordinary Share fundamentals help investors to digest information that contributes to Noco Noco's financial success or failures. It also enables traders to predict the movement of Noco Stock. The fundamental analysis module provides a way to measure Noco Noco'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 Noco Noco stock.
At present, Noco Noco's Other Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 20.3 M, whereas Depreciation And Amortization is forecasted to decline to 4,202.
  
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noco noco Ordinary Share Company Return On Asset Analysis

Noco Noco's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Noco Noco Return On Asset

    
  -25.07  
Most of Noco Noco's fundamental indicators, such as Return On Asset, 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, noco noco Ordinary Share is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Noco Total Assets

Total Assets

528,183

At present, Noco Noco's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, noco noco Ordinary Share has a Return On Asset of -25.0673. This is 2399.75% lower than that of the Automobile Components sector and significantly lower than that of the Consumer Discretionary industry. The return on asset for all United States stocks is notably higher than that of the company.

noco noco Ordinary Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Noco Noco's current stock value. Our valuation model uses many indicators to compare Noco Noco value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Noco Noco competition to find correlations between indicators driving Noco Noco's intrinsic value. More Info.
noco noco Ordinary Share is regarded second in return on asset category among its peers. It also is regarded second in current valuation category among its peers . 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 Noco Noco's earnings, one of the primary drivers of an investment's value.

Noco Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Noco Noco's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Noco Noco could also be used in its relative valuation, which is a method of valuing Noco Noco by comparing valuation metrics of similar companies.
Noco Noco is currently under evaluation in return on asset category among its peers.

Noco Fundamentals

About Noco Noco Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze noco noco Ordinary Share's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Noco Noco using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of noco noco Ordinary Share 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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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.
When determining whether noco noco Ordinary offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Noco Noco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Noco Noco Ordinary Share Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Noco Noco Ordinary Share Stock:
Check out Noco Noco Piotroski F Score and Noco Noco Altman Z Score analysis.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Automotive Parts & Equipment 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 Noco Noco. If investors know Noco 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 Noco Noco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.15)
Return On Assets
(25.07)
The market value of noco noco Ordinary is measured differently than its book value, which is the value of Noco that is recorded on the company's balance sheet. Investors also form their own opinion of Noco Noco's value that differs from its market value or its book value, called intrinsic value, which is Noco Noco'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 Noco Noco's market value can be influenced by many factors that don't directly affect Noco Noco'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 Noco Noco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Noco Noco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Noco Noco'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.