Is Nova Lifestyle Stock a Good Investment?
Nova Lifestyle Investment Advice | NVFY |
- Examine Nova Lifestyle's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Nova Lifestyle's leadership team and their track record. Good management can help Nova Lifestyle navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Household Durables space and any emerging trends that could impact Nova Lifestyle's business and its evolving consumer preferences.
- Compare Nova Lifestyle's performance and market position to its competitors. Analyze how Nova Lifestyle is positioned in terms of product offerings, innovation, and market share.
- Check if Nova Lifestyle pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Nova Lifestyle's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Nova Lifestyle I stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Nova Lifestyle I is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Modest | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Nova Lifestyle Stock
Researching Nova Lifestyle's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 30.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 4.4. Nova Lifestyle I last dividend was issued on the 23rd of December 2019. The entity had 1:5 split on the 24th of May 2023.
To determine if Nova Lifestyle is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Nova Lifestyle's research are outlined below:
| Nova Lifestyle I had very high historical volatility over the last 90 days | |
| Nova Lifestyle I has some characteristics of a very speculative penny stock | |
| Nova Lifestyle I has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 11.09 M. Net Loss for the year was (7.72 M) with loss before overhead, payroll, taxes, and interest of (7.78 M). | |
| Nova Lifestyle I currently holds about 4.68 M in cash with (1.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.68, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 30.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Nova Lifestyle Announces Debt Repayment via Equity By Investing.com - Investing.com UK |
Nova Lifestyle uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Nova Lifestyle I. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Nova Lifestyle's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 15th of April 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Know Nova Lifestyle's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Nova Lifestyle is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nova Lifestyle I backward and forwards among themselves. Nova Lifestyle's institutional investor refers to the entity that pools money to purchase Nova Lifestyle's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | |||
| Geode Capital Management, Llc | 2024-12-31 | 58.3 K | |
| Two Sigma Securities, Llc | 2024-12-31 | 31.2 K | |
| Xtx Topco Ltd | 2024-12-31 | 14.9 K | |
| Blackrock Inc | 2024-12-31 | 4.9 K | |
| Tower Research Capital Llc | 2024-12-31 | 4.9 K | |
| Ubs Group Ag | 2024-12-31 | 4.6 K | |
| Citigroup Inc | 2024-12-31 | 2.7 K | |
| Bank Of America Corp | 2024-12-31 | 26.0 | |
| Barclays Plc | 2024-12-31 | 7.0 |
Nova Lifestyle's market capitalization trends
The company currently falls under 'Nano-Cap' category with a current market capitalization of 4.47 M.Market Cap |
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Nova Lifestyle's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (1.48) | (1.40) | |
| Return On Capital Employed | (2.90) | (2.75) | |
| Return On Assets | (1.42) | (1.35) | |
| Return On Equity | (17.89) | (17.00) |
Determining Nova Lifestyle's profitability involves analyzing its financial statements and using various financial metrics to determine if Nova Lifestyle is a good buy. For example, gross profit margin measures Nova Lifestyle's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Nova Lifestyle's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Nova Lifestyle's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Nova Lifestyle I. Check Nova Lifestyle's Beneish M Score to see the likelihood of Nova Lifestyle's management manipulating its earnings.
Evaluate Nova Lifestyle's management efficiency
Nova Lifestyle I has return on total asset (ROA) of (0.5519) % which means that it has lost $0.5519 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (3.2658) %, meaning that it created substantial loss on money invested by shareholders. Nova Lifestyle's management efficiency ratios could be used to measure how well Nova Lifestyle manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to -1.4 in 2025. Return On Capital Employed is likely to rise to -2.75 in 2025. At this time, Nova Lifestyle's Intangibles To Total Assets are fairly stable compared to the past year. Debt To Assets is likely to rise to 0.32 in 2025, whereas Total Assets are likely to drop slightly above 6.8 M in 2025.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.37 | 0.35 | |
| Tangible Book Value Per Share | 0.20 | 0.19 | |
| Enterprise Value Over EBITDA | (1.22) | (1.28) | |
| Price Book Value Ratio | 10.64 | 11.17 | |
| Enterprise Value Multiple | (1.22) | (1.28) | |
| Price Fair Value | 10.64 | 11.17 | |
| Enterprise Value | 8.8 M | 8.3 M |
The strategic decisions made by Nova Lifestyle management significantly impact its financial stability and market performance. Evaluating these factors helps determine whether the stock is a worthwhile investment.
Beta 1.261 |
Basic technical analysis of Nova Stock
As of the 2nd of March, Nova Lifestyle secures the Risk Adjusted Performance of 0.0083, standard deviation of 5.73, and Mean Deviation of 4.35. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nova Lifestyle I, as well as the relationship between them.Nova Lifestyle's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Nova Lifestyle insiders, such as employees or executives, is commonly permitted as long as it does not rely on Nova Lifestyle's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Nova Lifestyle insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Nova Lifestyle's Outstanding Corporate Bonds
Nova Lifestyle issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Nova Lifestyle I uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Nova bonds can be classified according to their maturity, which is the date when Nova Lifestyle I has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Nova Chemicals 5 Corp BondUS66977WAP41 | View | |
| Nova Chemicals 525 Corp BondUS66977WAR07 | View | |
| US66977WAS89 Corp BondUS66977WAS89 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Understand Nova Lifestyle's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Nova Lifestyle's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0083 | |||
| Market Risk Adjusted Performance | (0.0002) | |||
| Mean Deviation | 4.35 | |||
| Coefficient Of Variation | (177,700) | |||
| Standard Deviation | 5.73 | |||
| Variance | 32.84 | |||
| Information Ratio | 0.0017 | |||
| Jensen Alpha | 0.0165 | |||
| Total Risk Alpha | 0.1657 | |||
| Treynor Ratio | (0.01) | |||
| Maximum Drawdown | 28.38 | |||
| Value At Risk | (6.56) | |||
| Potential Upside | 9.3 | |||
| Skewness | 1.09 | |||
| Kurtosis | 2.34 |
| Risk Adjusted Performance | 0.0083 | |||
| Market Risk Adjusted Performance | (0.0002) | |||
| Mean Deviation | 4.35 | |||
| Coefficient Of Variation | (177,700) | |||
| Standard Deviation | 5.73 | |||
| Variance | 32.84 | |||
| Information Ratio | 0.0017 | |||
| Jensen Alpha | 0.0165 | |||
| Total Risk Alpha | 0.1657 | |||
| Treynor Ratio | (0.01) | |||
| Maximum Drawdown | 28.38 | |||
| Value At Risk | (6.56) | |||
| Potential Upside | 9.3 | |||
| Skewness | 1.09 | |||
| Kurtosis | 2.34 |
Consider Nova Lifestyle's intraday indicators
Nova Lifestyle intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Nova Lifestyle stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Nova Lifestyle time-series forecasting models is one of many Nova Lifestyle's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Nova Lifestyle's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Nova Stock media impact
Far too much social signal, news, headlines, and media speculation about Nova Lifestyle that are available to investors today. That information is available publicly through Nova media outlets and privately through word of mouth or via Nova internal channels. However, regardless of the origin, that massive amount of Nova data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Nova Lifestyle news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Nova Lifestyle relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Nova Lifestyle's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Nova Lifestyle alpha.
Nova Lifestyle Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Nova Lifestyle can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Additional Tools for Nova Stock Analysis
When running Nova Lifestyle's price analysis, check to measure Nova Lifestyle'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 Nova Lifestyle is operating at the current time. Most of Nova Lifestyle's value examination focuses on studying past and present price action to predict the probability of Nova Lifestyle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nova Lifestyle's price. Additionally, you may evaluate how the addition of Nova Lifestyle to your portfolios can decrease your overall portfolio volatility.