LeoNovus Current Valuation vs. Shares Outstanding

LTV Stock  CAD 0.04  0.00  0.00%   
Based on LeoNovus' profitability indicators, LeoNovus may not be well positioned to generate adequate gross income at the present time. It has a very high chance of underperforming in January. Profitability indicators assess LeoNovus' ability to earn profits and add value for shareholders. Sales General And Administrative To Revenue is likely to climb to 183.90 in 2024, whereas Price To Sales Ratio is likely to drop 142.96 in 2024. At this time, LeoNovus' Accumulated Other Comprehensive Income is fairly stable compared to the past year. Income Tax Expense is likely to climb to about 236.7 K in 2024, whereas Net Loss is likely to drop (55.6 K) in 2024.
For LeoNovus profitability analysis, we use financial ratios and fundamental drivers that measure the ability of LeoNovus to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well LeoNovus utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between LeoNovus's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of LeoNovus over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between LeoNovus' value and its price as these two are different measures arrived at by different means. Investors typically determine if LeoNovus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LeoNovus' 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.

LeoNovus Shares Outstanding vs. Current Valuation Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining LeoNovus's current stock value. Our valuation model uses many indicators to compare LeoNovus value to that of its competitors to determine the firm's financial worth.
LeoNovus is rated fourth overall in current valuation category among its peers. It also is rated fourth overall in shares outstanding category among its peers creating about  22.55  of Shares Outstanding per Current Valuation. Common Stock Shares Outstanding is likely to climb to about 25.2 M in 2024. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the LeoNovus' earnings, one of the primary drivers of an investment's value.

LeoNovus Current Valuation vs. Competition

LeoNovus is rated fourth overall in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is now estimated at about 13.38 Million. LeoNovus holds roughly 927,039 in current valuation claiming about 7% of equities under Information Technology industry.

LeoNovus Shares Outstanding vs. Current Valuation

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.

LeoNovus

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
927.04 K
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.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

LeoNovus

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
20.9 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

LeoNovus Shares Outstanding Comparison

LeoNovus is currently under evaluation in shares outstanding category among its peers.

LeoNovus Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in LeoNovus, profitability is also one of the essential criteria for including it into their portfolios because, without profit, LeoNovus will eventually generate negative long term returns. The profitability progress is the general direction of LeoNovus' change in net profit over the period of time. It can combine multiple indicators of LeoNovus, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income10.2 M10.7 M
Operating Income-801 K-841 K
Net Loss-53 K-55.6 K
Income Tax Expense225.4 K236.7 K
Income Before Tax-53 K-55.6 K
Total Other Income Expense Net748 K785.4 K
Net Loss-53 K-55.6 K
Net Loss-2.3 M-2.4 M
Net Interest Income-42 K-44.1 K
Change To Netincome349.6 K367.1 K
Income Quality 1.49  1.13 
Net Income Per E B T 1.15  1.02 

LeoNovus Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on LeoNovus. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of LeoNovus position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the LeoNovus' important profitability drivers and their relationship over time.

Learn to be your own money manager

Our tools can tell you how much better you can do entering a position in LeoNovus without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Use Investing Themes to Complement your LeoNovus position

In addition to having LeoNovus in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Most Shorted Equities Theme
Dynamically calculated list of top equities currently trending upward via a buy-out by investors. The Most Shorted Equities theme has 235 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Most Shorted Equities Theme or any other thematic opportunities.
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Additional Tools for LeoNovus Stock Analysis

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