Nine Energy Service Stock Net Income
| NINE Stock | USD 1.50 0.05 3.45% |
Nine Energy Service fundamentals help investors to digest information that contributes to Nine Energy's financial success or failures. It also enables traders to predict the movement of Nine Stock. The fundamental analysis module provides a way to measure Nine Energy'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 Nine Energy stock.
| Last Reported | Projected for Next Year | ||
| Net Loss | -13.9 M | -14.6 M | |
| Net Income Applicable To Common Shares | 13 M | 13.6 M | |
| Net Loss | -32.2 M | -33.8 M | |
| Net Loss | (0.97) | (1.02) | |
| Net Income Per E B T | 1.02 | 0.72 |
Nine | Net Income |
Nine Energy Service Company Net Income Analysis
Nine Energy'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 Nine Energy Net Income | (32.21 M) |
Most of Nine Energy'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, Nine Energy Service is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Nine Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Nine Energy is extremely important. It helps to project a fair market value of Nine Stock properly, considering its historical fundamentals such as Net Income. Since Nine Energy'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 Nine Energy'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 Nine Energy's interrelated accounts and indicators.
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 |
Nine Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Nine Energy Service reported net income of (32.21 Million). This is 101.42% lower than that of the Energy Equipment & Services sector and 168.71% lower than that of the Energy industry. The net income for all United States stocks is 105.64% higher than that of the company.
Nine Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nine Energy'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 Nine Energy could also be used in its relative valuation, which is a method of valuing Nine Energy by comparing valuation metrics of similar companies.Nine Energy is currently under evaluation in net income category among its peers.
Nine Energy Current Valuation Drivers
We derive many important indicators used in calculating different scores of Nine Energy from analyzing Nine Energy's financial statements. These drivers represent accounts that assess Nine Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Nine Energy's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 550.2M | 229.2M | 80.9M | 449.4M | 89.2M | 84.7M | |
| Enterprise Value | 914.6M | 531.5M | 396.3M | 809.8M | 424.7M | 756.1M |
Nine Energy Institutional Holders
Institutional Holdings refers to the ownership stake in Nine Energy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Nine Energy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Nine Energy's value.| Shares | Franklin Resources Inc | 2024-09-30 | 198.1 K | Geode Capital Management, Llc | 2024-09-30 | 188.9 K | Amvescap Plc. | 2024-06-30 | 142.6 K | Lord, Abbett & Co Llc | 2024-09-30 | 135.6 K | Bridgeway Capital Management, Llc | 2024-09-30 | 132.7 K | Bank Of America Corp | 2024-06-30 | 130.7 K | Simplex Trading, Llc | 2024-06-30 | 124.7 K | Mackay Shields Llc | 2024-09-30 | 120.2 K | Bank Of New York Mellon Corp | 2024-06-30 | 103.6 K | Simmons L E & Associates Inc | 2024-09-30 | 9.1 M | Gendell Jeffrey L | 2024-09-30 | 3.4 M |
Nine Fundamentals
| Return On Equity | -5.83 | ||||
| Return On Asset | 0.0141 | ||||
| Profit Margin | (0.08) % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 401.9 M | ||||
| Shares Outstanding | 42.36 M | ||||
| Shares Owned By Insiders | 28.65 % | ||||
| Shares Owned By Institutions | 46.71 % | ||||
| Number Of Shares Shorted | 3.08 M | ||||
| Price To Earning | 15.87 X | ||||
| Price To Book | 5.01 X | ||||
| Price To Sales | 0.11 X | ||||
| Revenue | 609.53 M | ||||
| Gross Profit | 136.29 M | ||||
| EBITDA | 72.67 M | ||||
| Net Income | (32.21 M) | ||||
| Cash And Equivalents | 22.41 M | ||||
| Cash Per Share | 0.67 X | ||||
| Total Debt | 366.32 M | ||||
| Current Ratio | 1.85 X | ||||
| Book Value Per Share | (1.36) X | ||||
| Cash Flow From Operations | 45.51 M | ||||
| Short Ratio | 4.22 X | ||||
| Earnings Per Share | (1.20) X | ||||
| Price To Earnings To Growth | (2.42) X | ||||
| Target Price | 1.0 | ||||
| Number Of Employees | 1.16 K | ||||
| Beta | 3.32 | ||||
| Market Capitalization | 61.43 M | ||||
| Total Asset | 401.98 M | ||||
| Retained Earnings | (826.23 M) | ||||
| Working Capital | 100.88 M | ||||
| Current Asset | 96.02 M | ||||
| Current Liabilities | 12.21 M | ||||
| Net Asset | 401.98 M |
About Nine Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nine Energy Service's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nine Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nine Energy Service 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.
Also Currently Popular
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 Nine Energy Service is a strong investment it is important to analyze Nine Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nine Energy's future performance. For an informed investment choice regarding Nine Stock, refer to the following important reports:Check out Nine Energy Piotroski F Score and Nine Energy Altman Z Score analysis. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Oil & Gas Equipment & Services 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 Nine Energy. If investors know Nine 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 Nine Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.20) | Revenue Per Share 15.637 | Quarterly Revenue Growth (0.02) | Return On Assets 0.0141 | Return On Equity (5.83) |
The market value of Nine Energy Service is measured differently than its book value, which is the value of Nine that is recorded on the company's balance sheet. Investors also form their own opinion of Nine Energy's value that differs from its market value or its book value, called intrinsic value, which is Nine Energy'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 Nine Energy's market value can be influenced by many factors that don't directly affect Nine Energy'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 Nine Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nine Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nine Energy'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.