Newhydrogen Stock Fundamentals

NEWH Stock  USD 0  0.0004  11.76%   
Newhydrogen fundamentals help investors to digest information that contributes to Newhydrogen's financial success or failures. It also enables traders to predict the movement of Newhydrogen Pink Sheet. The fundamental analysis module provides a way to measure Newhydrogen'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 Newhydrogen pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Newhydrogen Company Return On Equity Analysis

Newhydrogen's 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.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Newhydrogen Return On Equity

    
  -6.24  
Most of Newhydrogen's 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, Newhydrogen 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.
Competition

Based on the latest financial disclosure, Newhydrogen has a Return On Equity of -6.2395. This is 48.13% lower than that of the Technology sector and 89.42% lower than that of the Solar industry. The return on equity for all United States stocks is notably higher than that of the company.

Newhydrogen Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Newhydrogen's current stock value. Our valuation model uses many indicators to compare Newhydrogen value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Newhydrogen competition to find correlations between indicators driving Newhydrogen's intrinsic value. More Info.
Newhydrogen 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 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Newhydrogen by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Newhydrogen's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Newhydrogen Return On Equity Peer Comparison

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

Newhydrogen Fundamentals

About Newhydrogen Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Newhydrogen's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Newhydrogen using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Newhydrogen 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.
NewHydrogen, Inc. engages in developing clean energy technologies. NewHydrogen, Inc. was incorporated in 2006 and is based in Santa Clarita, California. Newhydrogen operates under Solar classification in the United States and is traded on OTC Exchange. It employs 2 people.

Currently Active Assets on Macroaxis

Other Information on Investing in Newhydrogen Pink Sheet

Newhydrogen financial ratios help investors to determine whether Newhydrogen Pink Sheet 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 Newhydrogen with respect to the benefits of owning Newhydrogen security.