Nxg Nextgen Infrastructure Stock Year To Date Return
| NXG Stock | USD 49.47 0.41 0.84% |
NXG NextGen Infrastructure fundamentals help investors to digest information that contributes to NXG NextGen's financial success or failures. It also enables traders to predict the movement of NXG Stock. The fundamental analysis module provides a way to measure NXG NextGen'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 NXG NextGen stock.
NXG | Year To Date Return |
NXG NextGen Infrastructure Company Year To Date Return Analysis
NXG NextGen's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
NXG Year To Date Return Driver Correlations
Understanding the fundamental principles of building solid financial models for NXG NextGen is extremely important. It helps to project a fair market value of NXG Stock properly, considering its historical fundamentals such as Year To Date Return. Since NXG NextGen'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 NXG NextGen'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 NXG NextGen's interrelated accounts and indicators.
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Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
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NXG Return On Tangible Assets
Return On Tangible Assets |
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Based on the company's disclosures, NXG NextGen Infrastructure has a Year To Date Return of 0.0%. This indicator is about the same for the Capital Markets average (which is currently at 0.0) sector and about the same as Financials (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
NXG Year To Date Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NXG NextGen's direct or indirect competition against its Year To Date Return to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NXG NextGen could also be used in its relative valuation, which is a method of valuing NXG NextGen by comparing valuation metrics of similar companies.NXG NextGen is currently under evaluation in year to date return category among its peers.
NXG NextGen Current Valuation Drivers
We derive many important indicators used in calculating different scores of NXG NextGen from analyzing NXG NextGen's financial statements. These drivers represent accounts that assess NXG NextGen's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of NXG NextGen's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 93.0M | 117.1M | 110.7M | 83.2M | 95.7M | 126.1M | |
| Enterprise Value | 111.3M | 173.5M | 151.7M | 120.0M | 138.0M | 160.3M |
NXG Fundamentals
| Shares Outstanding | 2.66 M | ||||
| Shares Owned By Institutions | 43.78 % | ||||
| Number Of Shares Shorted | 16.23 K | ||||
| Price To Book | 1.14 X | ||||
| Price To Sales | 15.10 X | ||||
| Revenue | (28.13 M) | ||||
| EBITDA | (25.92 M) | ||||
| Net Income | (28.51 M) | ||||
| Total Debt | 36.81 M | ||||
| Cash Flow From Operations | 14.42 M | ||||
| Short Ratio | 0.61 X | ||||
| Earnings Per Share | 3.12 X | ||||
| Market Capitalization | 131.55 M | ||||
| Total Asset | 146.28 M | ||||
| Retained Earnings | (40.73 M) | ||||
| Annual Yield | 0.20 % | ||||
| Net Asset | 146.28 M |
About NXG NextGen Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NXG NextGen Infrastructure's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NXG NextGen using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NXG NextGen Infrastructure 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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When determining whether NXG NextGen Infrastr is a strong investment it is important to analyze NXG NextGen'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 NXG NextGen's future performance. For an informed investment choice regarding NXG Stock, refer to the following important reports:Check out NXG NextGen Piotroski F Score and NXG NextGen Altman Z Score analysis. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Asset Management & Custody Banks 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 NXG NextGen. If investors know NXG 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 NXG NextGen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 3.12 |
The market value of NXG NextGen Infrastr is measured differently than its book value, which is the value of NXG that is recorded on the company's balance sheet. Investors also form their own opinion of NXG NextGen's value that differs from its market value or its book value, called intrinsic value, which is NXG NextGen'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 NXG NextGen's market value can be influenced by many factors that don't directly affect NXG NextGen'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 NXG NextGen's value and its price as these two are different measures arrived at by different means. Investors typically determine if NXG NextGen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NXG NextGen'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.