Nova Stock Working Capital
| NVMI Stock | ILA 64,500 160.00 0.25% |
Nova fundamentals help investors to digest information that contributes to Nova's financial success or failures. It also enables traders to predict the movement of Nova Stock. The fundamental analysis module provides a way to measure Nova'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 Nova stock.
Nova |
Nova Company Working Capital Analysis
Nova's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Nova Working Capital | 121 M |
Most of Nova's fundamental indicators, such as Working Capital, 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, Nova is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
| Competition |
Based on the company's disclosures, Nova has a Working Capital of 121 M. This is 98.76% lower than that of the Technology sector and 88.31% lower than that of the Semiconductor Equipment & Materials industry. The working capital for all Israel stocks is 91.81% higher than that of the company.
Nova Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nova's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nova could also be used in its relative valuation, which is a method of valuing Nova by comparing valuation metrics of similar companies.Nova is regarded fifth in working capital category among its peers.
Nova Fundamentals
| Return On Equity | 0.25 | |||
| Return On Asset | 0.11 | |||
| Profit Margin | 0.23 % | |||
| Operating Margin | 0.27 % | |||
| Current Valuation | 8.39 B | |||
| Shares Outstanding | 28.59 M | |||
| Shares Owned By Insiders | 0.69 % | |||
| Shares Owned By Institutions | 78.21 % | |||
| Price To Book | 4.43 X | |||
| Price To Sales | 15.58 X | |||
| Revenue | 416.11 M | |||
| Gross Profit | 237.36 M | |||
| EBITDA | 121.32 M | |||
| Net Income | 93.1 M | |||
| Cash And Equivalents | 454.85 M | |||
| Cash Per Share | 16.12 X | |||
| Total Debt | 214.54 M | |||
| Debt To Equity | 0.55 % | |||
| Current Ratio | 8.00 X | |||
| Book Value Per Share | 19.28 X | |||
| Cash Flow From Operations | 132.26 M | |||
| Earnings Per Share | 13.91 X | |||
| Target Price | 2.36 | |||
| Number Of Employees | 819 | |||
| Beta | 1.23 | |||
| Market Capitalization | 9.1 B | |||
| Total Asset | 805.15 M | |||
| Working Capital | 121 M | |||
| Current Asset | 154 M | |||
| Current Liabilities | 33 M | |||
| Z Score | 25.2 | |||
| Net Asset | 805.15 M |
About Nova Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nova's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nova using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nova 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.
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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.Additional Information and Resources on Investing in Nova Stock
When determining whether Nova offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nova's 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 Nova Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nova Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nova. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Nova Stock refer to our How to Trade Nova Stock guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.