Novo Resources Corp Stock Current Valuation
NVOOFDelisted Stock | USD 0.01 0.00 0.00% |
Valuation analysis of Novo Resources Corp helps investors to measure Novo Resources' intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Novo Resources Corp Company Current Valuation Analysis
Novo Resources' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
CompetitionIn accordance with the recently published financial statements, Novo Resources Corp has a Current Valuation of 0.0. This is 100.0% lower than that of the Basic Materials sector and 100.0% lower than that of the Gold industry. The current valuation for all United States stocks is 100.0% higher than that of the company.
Novo Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Novo Resources' direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Novo Resources could also be used in its relative valuation, which is a method of valuing Novo Resources by comparing valuation metrics of similar companies.Novo Resources is currently under evaluation in current valuation category among its peers.
Novo Fundamentals
Return On Equity | -0.49 | |||
Return On Asset | -0.11 | |||
Profit Margin | (1.28) % | |||
Operating Margin | (0.61) % | |||
Price To Earning | 2.30 X | |||
Revenue | 112.24 M | |||
EBITDA | 43.34 M | |||
Net Income | (704 K) | |||
Cash And Equivalents | 21.94 M | |||
Cash Per Share | 0.09 X | |||
Total Debt | 37.38 M | |||
Debt To Equity | 0.25 % | |||
Current Ratio | 3.23 X | |||
Book Value Per Share | 0.78 X | |||
Cash Flow From Operations | (19.66 M) | |||
Earnings Per Share | (0.05) X | |||
Number Of Employees | 111 | |||
Beta | 1.37 | |||
Total Asset | 462.68 M | |||
Net Asset | 462.68 M |
About Novo Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Novo Resources Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Novo Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Novo Resources Corp 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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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Other Consideration for investing in Novo Pink Sheet
If you are still planning to invest in Novo Resources Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Novo Resources' history and understand the potential risks before investing.
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