Nextdecade Corp Stock Current Valuation
| NEXT Stock | USD 7.18 0.19 2.58% |
Valuation analysis of Nextdecade Corp helps investors to measure Nextdecade Corp's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. Enterprise Value is likely to gain to about 211.2 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (24.47) in 2024. Fundamental drivers impacting Nextdecade Corp's valuation include:
Price Book 2.8641 | Enterprise Value 5.3 B | Enterprise Value Ebitda 18.927 |
Undervalued
Today
Please note that Nextdecade Corp's price fluctuation is slightly risky at this time. Calculation of the real value of Nextdecade Corp is based on 3 months time horizon. Increasing Nextdecade Corp's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Nextdecade Corp's intrinsic value may or may not be the same as its current market price of 7.18, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 7.18 | Real 7.91 | Target 8.6 | Hype 7.56 |
The intrinsic value of Nextdecade Corp's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Nextdecade Corp's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Nextdecade Corp helps investors to forecast how Nextdecade stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Nextdecade Corp more accurately as focusing exclusively on Nextdecade Corp's fundamentals will not take into account other important factors: Nextdecade Corp Company Current Valuation Analysis
Nextdecade Corp's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Nextdecade Corp Current Valuation | 5.34 B |
Most of Nextdecade Corp's fundamental indicators, such as Current Valuation, 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, Nextdecade Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Nextdecade Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Nextdecade Corp is extremely important. It helps to project a fair market value of Nextdecade Stock properly, considering its historical fundamentals such as Current Valuation. Since Nextdecade Corp'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 Nextdecade Corp'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 Nextdecade Corp's interrelated accounts and indicators.
Click cells to compare fundamentals
Nextdecade Current Valuation Historical Pattern
Today, most investors in Nextdecade Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Nextdecade Corp's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Nextdecade Corp current valuation as a starting point in their analysis.
Nextdecade Corp Current Valuation |
| Timeline |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Nextdecade Corp has a Current Valuation of 5.34 B. This is 86.3% lower than that of the Oil, Gas & Consumable Fuels sector and 41.89% lower than that of the Energy industry. The current valuation for all United States stocks is 67.86% higher than that of the company.
Nextdecade Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nextdecade Corp's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nextdecade Corp could also be used in its relative valuation, which is a method of valuing Nextdecade Corp by comparing valuation metrics of similar companies.Nextdecade Corp is currently under evaluation in current valuation category among its peers.
Nextdecade Corp 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, Nextdecade Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Nextdecade Corp's managers, analysts, and investors.Environmental | Governance | Social |
Nextdecade Fundamentals
| Return On Equity | -0.49 | ||||
| Return On Asset | -0.0248 | ||||
| Current Valuation | 5.34 B | ||||
| Shares Outstanding | 260.29 M | ||||
| Shares Owned By Insiders | 28.07 % | ||||
| Shares Owned By Institutions | 52.74 % | ||||
| Number Of Shares Shorted | 14.81 M | ||||
| Price To Earning | (1.71) X | ||||
| Price To Book | 2.86 X | ||||
| Gross Profit | (1.61 M) | ||||
| EBITDA | (122.5 M) | ||||
| Net Income | (162.26 M) | ||||
| Cash And Equivalents | 40.5 M | ||||
| Cash Per Share | 0.31 X | ||||
| Total Debt | 1.97 B | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 5.24 X | ||||
| Book Value Per Share | 2.58 X | ||||
| Cash Flow From Operations | (73.62 M) | ||||
| Short Ratio | 12.94 X | ||||
| Earnings Per Share | (1.12) X | ||||
| Target Price | 10.67 | ||||
| Number Of Employees | 147 | ||||
| Beta | 1.26 | ||||
| Market Capitalization | 1.92 B | ||||
| Total Asset | 3.32 B | ||||
| Retained Earnings | (391.77 M) | ||||
| Working Capital | (237.86 M) | ||||
| Current Asset | 124.23 M | ||||
| Current Liabilities | 13 M | ||||
| Net Asset | 3.32 B |
About Nextdecade Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nextdecade Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nextdecade Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nextdecade Corp 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.
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Nextdecade Stock Analysis
When running Nextdecade Corp's price analysis, check to measure Nextdecade Corp's 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 Nextdecade Corp is operating at the current time. Most of Nextdecade Corp's value examination focuses on studying past and present price action to predict the probability of Nextdecade Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextdecade Corp's price. Additionally, you may evaluate how the addition of Nextdecade Corp to your portfolios can decrease your overall portfolio volatility.