Nexttrip Stock Price To Earning

NTRP Stock

USD 2.77 1.01 57.39%

NextTrip fundamentals help investors to digest information that contributes to NextTrip's financial success or failures. It also enables traders to predict the movement of NextTrip Stock. The fundamental analysis module provides a way to measure NextTrip'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 NextTrip stock.

Total Stockholder Equity Total Assets

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

NextTrip Company Price To Earning Analysis

NextTrip's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

P/E

Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current NextTrip Price To Earning

(1.55) X

Most of NextTrip's fundamental indicators, such as Price To Earning, 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, NextTrip is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

NextTrip Price To Earning Driver Correlations

Understanding the fundamental principles of building solid financial models for NextTrip is extremely important. It helps to project a fair market value of NextTrip Stock properly, considering its historical fundamentals such as Price To Earning. Since NextTrip'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 NextTrip'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 NextTrip's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Total Current Assets	Common Stock	Accounts Payable	Total Liab	Net Receivables	Net Invested Capital	Short Long Term Debt	Capital Stock	Net Working Capital	Intangible Assets	Current Deferred Revenue
Total Assets		0.98	-0.96	-0.71	0.97	-0.5	0.7	0.44	0.15	-0.3	-0.42	-0.29	-0.17	-0.4	-0.35
Total Stockholder Equity	0.98		-0.99	-0.77	1.0	-0.6	0.63	0.29	0.24	-0.34	-0.43	-0.24	-0.13	-0.46	-0.43
Net Debt	-0.96	-0.99		0.72	-1.0	0.68	-0.67	-0.28	-0.29	0.41	0.48	0.28	0.16	0.53	0.51
Retained Earnings	-0.71	-0.77	0.72		-0.73	0.46	-0.14	0.16	-0.19	0.3	0.27	0.13	0.14	0.36	0.33
Total Current Assets	0.97	1.0	-1.0	-0.73		-0.63	0.67	0.31	0.26	-0.38	-0.45	-0.27	-0.15	-0.49	-0.47
Common Stock	-0.5	-0.6	0.68	0.46	-0.63		-0.38	0.14	-0.34	0.78	0.71	0.54	0.46	0.72	0.91
Accounts Payable	0.7	0.63	-0.67	-0.14	0.67	-0.38		0.83	0.17	-0.36	-0.41	-0.35	-0.32	-0.15	-0.29
Total Liab	0.44	0.29	-0.28	0.16	0.31	0.14	0.83		-0.17	-0.01	-0.18	-0.26	-0.2	0.31	0.18
Net Receivables	0.15	0.24	-0.29	-0.19	0.26	-0.34	0.17	-0.17		0.1	0.22	0.41	0.4	-0.39	-0.17
Net Invested Capital	-0.3	-0.34	0.41	0.3	-0.38	0.78	-0.36	-0.01	0.1		0.85	0.79	0.89	0.33	0.84
Short Long Term Debt	-0.42	-0.43	0.48	0.27	-0.45	0.71	-0.41	-0.18	0.22	0.85		0.91	0.81	0.23	0.63
Capital Stock	-0.29	-0.24	0.28	0.13	-0.27	0.54	-0.35	-0.26	0.41	0.79	0.91		0.88	0.09	0.57
Net Working Capital	-0.17	-0.13	0.16	0.14	-0.15	0.46	-0.32	-0.2	0.4	0.89	0.81	0.88		0.02	0.58
Intangible Assets	-0.4	-0.46	0.53	0.36	-0.49	0.72	-0.15	0.31	-0.39	0.33	0.23	0.09	0.02		0.72
Current Deferred Revenue	-0.35	-0.43	0.51	0.33	-0.47	0.91	-0.29	0.18	-0.17	0.84	0.63	0.57	0.58	0.72

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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.

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NextTrip Retained Earnings

Retained Earnings

(25.36 Million)

NextTrip reported last year Retained Earnings of (24.15 Million)

Based on the latest financial disclosure, NextTrip has a Price To Earning of -1.55 times. This is 106.0% lower than that of the Software sector and 131.44% lower than that of the Information Technology industry. The price to earning for all United States stocks is 105.4% higher than that of the company.

NextTrip Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NextTrip's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NextTrip could also be used in its relative valuation, which is a method of valuing NextTrip by comparing valuation metrics of similar companies.

NextTrip is currently under evaluation in price to earning category among its peers.

NextTrip Fundamentals

	Return On Equity	-3.69
	Return On Asset	-0.63
	Operating Margin	(12.04) %
	Current Valuation	4.31 M
	Shares Outstanding	1.39 M
	Shares Owned By Insiders	23.60 %
	Shares Owned By Institutions	0.36 %
	Number Of Shares Shorted	20.8 K
	Price To Earning	(1.55) X
	Price To Book	1.22 X
	Price To Sales	8.29 X
	Revenue	458.75 K
	EBITDA	(5.5 M)
	Net Income	(7.33 M)
	Cash And Equivalents	27 M
	Cash Per Share	1.13 X
	Total Debt	828.28 K
	Debt To Equity	(546.81) %
	Current Ratio	22.40 X
	Book Value Per Share	3.34 X
	Cash Flow From Operations	(5.73 M)
	Short Ratio	4.62 X
	Earnings Per Share	(29.16) X
	Target Price	2.5
	Number Of Employees	14
	Beta	2.26
	Market Capitalization	3.8 M
	Total Asset	5.09 M
	Retained Earnings	(24.15 M)
	Working Capital	(262 K)
	Current Asset	6.74 M
	Current Liabilities	1.95 M
	Net Asset	5.09 M

About NextTrip Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze NextTrip's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NextTrip using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NextTrip 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.

Pair Trading with NextTrip

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NextTrip position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NextTrip will appreciate offsetting losses from the drop in the long position's value.

Moving together with NextTrip Stock

0.79	WKEY	Wisekey International Tech Boost	Pair Corr
0.62	FRGE	Forge Global Holdings	Pair Corr

Moving against NextTrip Stock

0.87	FI	Fiserv,	Pair Corr
0.83	S	SentinelOne	Pair Corr
0.79	ANY	Sphere 3D Corp	Pair Corr
0.77	CLSK	CleanSpark Earnings Call This Week	Pair Corr
0.76	BL	Blackline	Pair Corr

The ability to find closely correlated positions to NextTrip could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NextTrip when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NextTrip - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NextTrip to buy it.

The correlation of NextTrip is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NextTrip moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NextTrip moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for NextTrip can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for NextTrip Stock Analysis

When running NextTrip's price analysis, check to measure NextTrip'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 NextTrip is operating at the current time. Most of NextTrip's value examination focuses on studying past and present price action to predict the probability of NextTrip's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NextTrip's price. Additionally, you may evaluate how the addition of NextTrip to your portfolios can decrease your overall portfolio volatility.

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