Novocure Net Worth

Novocure Net Worth Breakdown

  NVCR
The net worth of Novocure is the difference between its total assets and liabilities. Novocure's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Novocure's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Novocure's net worth can be used as a measure of its financial health and stability which can help investors to decide if Novocure is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Novocure stock.

Novocure Net Worth Analysis

Novocure's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Novocure's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Novocure's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Novocure's net worth analysis. One common approach is to calculate Novocure's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Novocure's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Novocure's net worth. This approach calculates the present value of Novocure's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Novocure's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Novocure's net worth. This involves comparing Novocure's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Novocure's net worth relative to its peers.

Enterprise Value

1.66 Billion

To determine if Novocure 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 Novocure's net worth research are outlined below:
Novocure is way too risky over 90 days horizon
Novocure appears to be risky and price may revert if volatility continues
The company reported the previous year's revenue of 509.34 M. Net Loss for the year was (207.04 M) with profit before overhead, payroll, taxes, and interest of 442.26 M.
Novocure currently holds about 948.52 M in cash with (73.34 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.06.
Novocure has a frail financial position based on the latest SEC disclosures
Over 86.0% of the company shares are owned by institutional investors
Latest headline from gurufocus.com: NovoCure Ltd Shares Up 3.78 percent on Feb 14
Novocure 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 Novocure. 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 Novocure'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.
22nd of February 2024
Upcoming Quarterly Report
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2nd of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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22nd of February 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Know Novocure's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Novocure is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Novocure backward and forwards among themselves. Novocure's institutional investor refers to the entity that pools money to purchase Novocure'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
Federated Hermes Inc2024-09-30
997.4 K
Two Sigma Advisers, Llc2024-09-30
963.9 K
Northern Trust Corp2024-09-30
923.5 K
Ubs Asset Mgmt Americas Inc2024-09-30
908 K
Balyasny Asset Management Llc2024-09-30
839.2 K
Charles Schwab Investment Management Inc2024-12-31
836.2 K
Jpmorgan Chase & Co2024-09-30
827.8 K
Goldman Sachs Group Inc2024-09-30
785.7 K
Marshall Wace Asset Management Ltd2024-09-30
779.7 K
Fmr Inc2024-09-30
16.2 M
Blackrock Inc2024-09-30
12.8 M
Note, although Novocure's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Novocure's market capitalization trends

The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.43 B.

Market Cap

1.36 Billion

Project Novocure's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(0.16)(0.17)
Return On Capital Employed(0.22)(0.23)
Return On Assets(0.16)(0.17)
Return On Equity(0.51)(0.54)
The company has Profit Margin (PM) of (0.26) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.21) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.21.
When accessing Novocure's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Novocure'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 Novocure's profitability and make more informed investment decisions.

Evaluate Novocure's management efficiency

Novocure has return on total asset (ROA) of (0.0793) % which means that it has lost $0.0793 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.3971) %, meaning that it created substantial loss on money invested by shareholders. Novocure's management efficiency ratios could be used to measure how well Novocure manages its routine affairs as well as how well it operates its assets and liabilities. As of 02/18/2025, Return On Tangible Assets is likely to drop to -0.17. In addition to that, Return On Capital Employed is likely to drop to -0.23. At this time, Novocure's Total Assets are relatively stable compared to the past year. As of 02/18/2025, Non Current Assets Total is likely to grow to about 134.9 M, while Other Current Assets are likely to drop slightly above 6.6 M.
Last ReportedProjected for Next Year
Book Value Per Share 3.07  2.53 
Tangible Book Value Per Share 3.07  2.53 
Enterprise Value Over EBITDA(9.95)(9.45)
Price Book Value Ratio 3.94  3.75 
Enterprise Value Multiple(9.95)(9.45)
Price Fair Value 3.94  3.75 
Enterprise Value1.7 B1.7 B
Novocure showcases strong leadership that adapts to market changes and drives innovation. Our analysis explores how this adaptability affects the stock's investment appeal.
Enterprise Value Revenue
3.7181
Revenue
577.7 M
Quarterly Revenue Growth
0.218
Revenue Per Share
5.375
Return On Equity
(0.40)
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Novocure insiders, such as employees or executives, is commonly permitted as long as it does not rely on Novocure'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 Novocure 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.

Novocure Corporate Filings

F4
15th of January 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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8K
13th of January 2025
Report filed with the SEC to announce major events that shareholders should know about
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F3
6th of January 2025
The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock
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8K
17th of December 2024
An amendment to a previously filed Form 8-K
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Novocure time-series forecasting models is one of many Novocure'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 Novocure'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.

Novocure Earnings per Share Projection vs Actual

Novocure Corporate Management

Piet MDHead VPProfile
William BurkeChief OfficerProfile
Frank LeonardExecutive OncologyProfile
Christoph BrackmannChief OfficerProfile
Uri MDChief OfficerProfile
Pritesh ShahChief Commercial OfficerProfile

Additional Tools for Novocure Stock Analysis

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