Neo Performance Materials Stock Net Income
| NEO Stock | CAD 15.78 0.11 0.70% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Neo Performance's long-term financial health and intrinsic value.
| Last Reported | Projected for Next Year | ||
| Net Loss | -12.9 M | -13.6 M | |
| Net Loss | -13 M | -13.7 M | |
| Net Loss | -13 M | -12.4 M | |
| Net Loss | (0.30) | (0.29) | |
| Net Loss | (2.63) | (2.50) |
Neo | Net Income |
Neo Performance Materials Company Net Income Analysis
Neo Performance's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Neo Performance Net Income | (13.02 M) |
Most of Neo Performance's fundamental indicators, such as Net Income, 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, Neo Performance Materials is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Neo Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Neo Performance is extremely important. It helps to project a fair market value of Neo Stock properly, considering its historical fundamentals such as Net Income. Since Neo Performance'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 Neo Performance'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 Neo Performance's interrelated accounts and indicators.
Click cells to compare fundamentals
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Neo Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Neo Performance Materials reported net income of (13.02 Million). This is 8.16% higher than that of the Chemicals sector and 101.04% lower than that of the Materials industry. The net income for all Canada stocks is 102.28% higher than that of the company.
Neo Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Neo Performance's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Neo Performance could also be used in its relative valuation, which is a method of valuing Neo Performance by comparing valuation metrics of similar companies.Neo Performance is currently under evaluation in net income category among its peers.
Neo Performance Current Valuation Drivers
We derive many important indicators used in calculating different scores of Neo Performance from analyzing Neo Performance's financial statements. These drivers represent accounts that assess Neo Performance's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Neo Performance's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 406.8M | 611.5M | 297.4M | 255.3M | 238.5M | 419.4M | |
| Enterprise Value | 340.6M | 532.0M | 199.9M | 197.8M | 224.4M | 342.4M |
Neo Fundamentals
| Return On Equity | -0.0154 | ||||
| Return On Asset | 0.0389 | ||||
| Profit Margin | (0.01) % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 700.6 M | ||||
| Shares Outstanding | 41.6 M | ||||
| Shares Owned By Insiders | 2.38 % | ||||
| Shares Owned By Institutions | 21.98 % | ||||
| Number Of Shares Shorted | 43.29 K | ||||
| Price To Earning | 9.30 X | ||||
| Price To Book | 1.19 X | ||||
| Price To Sales | 1.33 X | ||||
| Revenue | 475.83 M | ||||
| Gross Profit | 144.5 M | ||||
| EBITDA | 24.54 M | ||||
| Net Income | (13.02 M) | ||||
| Cash And Equivalents | 147.49 M | ||||
| Cash Per Share | 1.94 X | ||||
| Total Debt | 71.4 M | ||||
| Debt To Equity | 2.30 % | ||||
| Current Ratio | 4.20 X | ||||
| Book Value Per Share | 13.28 X | ||||
| Cash Flow From Operations | 51.53 M | ||||
| Short Ratio | 2.58 X | ||||
| Earnings Per Share | (0.22) X | ||||
| Target Price | 23.77 | ||||
| Number Of Employees | 1.49 K | ||||
| Beta | 1.17 | ||||
| Market Capitalization | 656.43 M | ||||
| Total Asset | 653.25 M | ||||
| Retained Earnings | (53.89 M) | ||||
| Working Capital | 195.95 M | ||||
| Annual Yield | 0.03 % | ||||
| Net Asset | 653.25 M | ||||
| Last Dividend Paid | 0.27 |
About Neo Performance Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Neo Performance Materials's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Neo Performance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Neo Performance Materials 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 Neo Performance
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 Neo Performance 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 Neo Performance will appreciate offsetting losses from the drop in the long position's value.Moving against Neo Stock
| 0.86 | GOOG | Alphabet CDR | PairCorr |
| 0.86 | GOOG | Alphabet CDR | PairCorr |
| 0.81 | AAPL | Apple CDR | PairCorr |
| 0.81 | AAPL | Apple Inc CDR | PairCorr |
| 0.69 | FDY | Faraday Copper Corp | PairCorr |
The ability to find closely correlated positions to Neo Performance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Neo Performance 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 Neo Performance - 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 Neo Performance Materials to buy it.
The correlation of Neo Performance 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 Neo Performance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Neo Performance Materials 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 Neo Performance 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.Other Information on Investing in Neo Stock
Neo Performance financial ratios help investors to determine whether Neo Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Neo with respect to the benefits of owning Neo Performance security.