Northern Technologies Stock Fundamentals
| NTIC Stock | USD 14.24 0.38 2.74% |
Northern Technologies fundamentals help investors to digest information that contributes to Northern Technologies' financial success or failures. It also enables traders to predict the movement of Northern Stock. The fundamental analysis module provides a way to measure Northern Technologies' 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 Northern Technologies stock.
At present, Northern Technologies' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 96.5 M, whereas EBIT is projected to grow to (472 K). Northern | Select Account or Indicator |
Northern Technologies Company Return On Equity Analysis
Northern Technologies' 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 Northern Technologies Return On Equity | 0.0841 |
Most of Northern Technologies' 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, Northern Technologies 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.
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Northern Total Stockholder Equity
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Based on the latest financial disclosure, Northern Technologies has a Return On Equity of 0.0841. This is 90.76% lower than that of the Chemicals sector and 98.57% lower than that of the Materials industry. The return on equity for all United States stocks is 127.13% lower than that of the firm.
Northern Technologies Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Northern Technologies's current stock value. Our valuation model uses many indicators to compare Northern Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Northern Technologies competition to find correlations between indicators driving Northern Technologies's intrinsic value. More Info.Northern Technologies is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.09 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Northern Technologies is roughly 10.65 . At present, Northern Technologies' Return On Equity is projected to increase significantly based on the last few years of reporting. 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 Northern Technologies' earnings, one of the primary drivers of an investment's value.Northern Technologies' Earnings Breakdown by Geography
Northern Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Northern Technologies' 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 Northern Technologies could also be used in its relative valuation, which is a method of valuing Northern Technologies by comparing valuation metrics of similar companies.Northern Technologies is currently under evaluation in return on equity category among its peers.
Northern Technologies Current Valuation Drivers
We derive many important indicators used in calculating different scores of Northern Technologies from analyzing Northern Technologies' financial statements. These drivers represent accounts that assess Northern Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Northern Technologies' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 75.6M | 152.0M | 108.6M | 120.7M | 108.7M | 114.1M | |
| Enterprise Value | 69.9M | 144.7M | 109.7M | 122.1M | 109.9M | 115.4M |
Northern Technologies 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, Northern Technologies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Northern Technologies' managers, analysts, and investors.Environmental | Governance | Social |
Northern Fundamentals
| Return On Equity | 0.0841 | ||||
| Return On Asset | 0.0079 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 133.85 M | ||||
| Shares Outstanding | 9.47 M | ||||
| Shares Owned By Insiders | 17.60 % | ||||
| Shares Owned By Institutions | 42.00 % | ||||
| Number Of Shares Shorted | 144.68 K | ||||
| Price To Earning | 16.72 X | ||||
| Price To Book | 1.84 X | ||||
| Price To Sales | 1.64 X | ||||
| Revenue | 79.9 M | ||||
| Gross Profit | 23.07 M | ||||
| EBITDA | 1.2 M | ||||
| Net Income | 4.24 M | ||||
| Cash And Equivalents | 6.13 M | ||||
| Cash Per Share | 0.66 X | ||||
| Total Debt | 6.79 M | ||||
| Debt To Equity | 0.07 % | ||||
| Current Ratio | 2.74 X | ||||
| Book Value Per Share | 7.29 X | ||||
| Cash Flow From Operations | 5.54 M | ||||
| Short Ratio | 11.93 X | ||||
| Earnings Per Share | 0.55 X | ||||
| Target Price | 20.0 | ||||
| Number Of Employees | 224 | ||||
| Beta | 0.62 | ||||
| Market Capitalization | 134.86 M | ||||
| Total Asset | 89.34 M | ||||
| Retained Earnings | 51 M | ||||
| Working Capital | 22.95 M | ||||
| Current Asset | 20.94 M | ||||
| Current Liabilities | 3.99 M | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 2.94 % | ||||
| Net Asset | 89.34 M |
About Northern Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Northern Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Northern Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Northern Technologies 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 | ||
| Current Deferred Revenue | 39.3 M | 41.3 M | |
| Total Revenue | 91.9 M | 96.5 M | |
| Cost Of Revenue | 59.9 M | 62.9 M | |
| Stock Based Compensation To Revenue | 0.02 | 0.01 | |
| Sales General And Administrative To Revenue | 0.17 | 0.23 | |
| Research And Ddevelopement To Revenue | 0.06 | 0.07 | |
| Capex To Revenue | 38.77 | 40.71 | |
| Revenue Per Share | 7.68 | 8.07 | |
| Ebit Per Revenue | 0.09 | 0.10 |
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 Northern Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northern Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Northern Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Northern Technologies Stock:Check out Northern Technologies Piotroski F Score and Northern Technologies Altman Z Score analysis. For information on how to trade Northern Stock refer to our How to Trade Northern Stock guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Specialty Chemicals 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 Northern Technologies. If investors know Northern 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 Northern Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.09) | Earnings Share 0.55 | Revenue Per Share 8.752 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0079 |
The market value of Northern Technologies is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Technologies' value that differs from its market value or its book value, called intrinsic value, which is Northern Technologies' 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 Northern Technologies' market value can be influenced by many factors that don't directly affect Northern Technologies' 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 Northern Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Technologies' 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.