Nicola Mining Stock Fundamentals
| NIM Stock | CAD 0.27 0.01 3.57% |
Nicola Mining fundamentals help investors to digest information that contributes to Nicola Mining's financial success or failures. It also enables traders to predict the movement of Nicola Stock. The fundamental analysis module provides a way to measure Nicola Mining'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 Nicola Mining stock.
At this time, Nicola Mining's Other Operating Expenses is fairly stable compared to the past year. Total Operating Expenses is likely to climb to about 5.9 M in 2024, despite the fact that Operating Income is likely to grow to (5.9 M). Nicola | Select Account or Indicator |
Nicola Mining Company Return On Equity Analysis
Nicola Mining'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.
Current Nicola Mining Return On Equity | -0.93 |
Most of Nicola Mining'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, Nicola Mining is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Nicola Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Nicola Mining is extremely important. It helps to project a fair market value of Nicola Stock properly, considering its historical fundamentals such as Return On Equity. Since Nicola Mining'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 Nicola Mining'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 Nicola Mining's interrelated accounts and indicators.
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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.
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Nicola Total Stockholder Equity
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Based on the latest financial disclosure, Nicola Mining has a Return On Equity of -0.9291. This is 202.1% lower than that of the Metals & Mining sector and 293.56% lower than that of the Materials industry. The return on equity for all Canada stocks is 199.71% higher than that of the company.
Nicola Mining Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nicola Mining's current stock value. Our valuation model uses many indicators to compare Nicola Mining value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nicola Mining competition to find correlations between indicators driving Nicola Mining's intrinsic value. More Info.Nicola Mining is regarded fifth in return on equity category among its peers. It is regarded fourth in return on asset category among its peers . At this time, Nicola Mining's Return On Equity is fairly stable compared to the past year. 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 Nicola Mining's earnings, one of the primary drivers of an investment's value.Nicola Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nicola Mining's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nicola Mining could also be used in its relative valuation, which is a method of valuing Nicola Mining by comparing valuation metrics of similar companies.Nicola Mining is currently under evaluation in return on equity category among its peers.
Nicola Mining Current Valuation Drivers
We derive many important indicators used in calculating different scores of Nicola Mining from analyzing Nicola Mining's financial statements. These drivers represent accounts that assess Nicola Mining's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Nicola Mining's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 23.3M | 34.9M | 24.9M | 32.2M | 45.1M | 47.4M | |
| Enterprise Value | 28.5M | 40.7M | 31.1M | 37.0M | 44.6M | 46.9M |
Nicola Fundamentals
| Return On Equity | -0.93 | ||||
| Return On Asset | -0.18 | ||||
| Current Valuation | 47.11 M | ||||
| Shares Outstanding | 166.68 M | ||||
| Shares Owned By Insiders | 21.59 % | ||||
| Shares Owned By Institutions | 10.17 % | ||||
| Number Of Shares Shorted | 15.42 K | ||||
| Price To Earning | (6.00) X | ||||
| Price To Book | 10.31 X | ||||
| Gross Profit | (1.44 M) | ||||
| EBITDA | (5.59 M) | ||||
| Net Income | 601.3 K | ||||
| Cash And Equivalents | 569.05 K | ||||
| Total Debt | 4.25 M | ||||
| Current Ratio | 0.11 X | ||||
| Book Value Per Share | 0.03 X | ||||
| Cash Flow From Operations | 3.31 M | ||||
| Short Ratio | 1.90 X | ||||
| Earnings Per Share | (0.03) X | ||||
| Target Price | 0.6 | ||||
| Beta | 1.13 | ||||
| Market Capitalization | 46.67 M | ||||
| Total Asset | 25.72 M | ||||
| Retained Earnings | (92.72 M) | ||||
| Working Capital | 4.75 M | ||||
| Net Asset | 25.72 M |
About Nicola Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nicola Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nicola Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nicola Mining 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.| Last Reported | Projected for Next Year | ||
| Cost Of Revenue | 614.5 K | 567.6 K | |
| Sales General And Administrative To Revenue | 42.88 | 38.11 | |
| Capex To Revenue | 11.56 | 10.27 | |
| Revenue Per Share | 0.01 | 0.01 | |
| Ebit Per Revenue | (51.06) | (53.61) |
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Additional Tools for Nicola Stock Analysis
When running Nicola Mining's price analysis, check to measure Nicola Mining'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 Nicola Mining is operating at the current time. Most of Nicola Mining's value examination focuses on studying past and present price action to predict the probability of Nicola Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nicola Mining's price. Additionally, you may evaluate how the addition of Nicola Mining to your portfolios can decrease your overall portfolio volatility.