Nova Leap Current Valuation vs. Gross Profit

NLH Stock  CAD 0.26  0.01  4.00%   
Considering Nova Leap's profitability and operating efficiency indicators, Nova Leap Health may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess Nova Leap's ability to earn profits and add value for shareholders. Operating Cash Flow Sales Ratio is likely to climb to 0.09 in 2024, whereas Price To Sales Ratio is likely to drop 0.64 in 2024. Accumulated Other Comprehensive Income is likely to climb to about (1 M) in 2024. Operating Income is likely to climb to about (170.2 K) in 2024.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.280.3731
Way Down
Slightly volatile
For Nova Leap profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nova Leap to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nova Leap Health utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nova Leap's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nova Leap Health over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Please note, there is a significant difference between Nova Leap's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nova Leap is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nova Leap'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.

Nova Leap Health Gross Profit vs. Current Valuation Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Nova Leap's current stock value. Our valuation model uses many indicators to compare Nova Leap value to that of its competitors to determine the firm's financial worth.
Nova Leap Health is regarded fourth in current valuation category among its peers. It also is regarded fourth in gross profit category among its peers fabricating about  0.46  of Gross Profit per Current Valuation. The ratio of Current Valuation to Gross Profit for Nova Leap Health is roughly  2.18 . At this time, Nova Leap's Gross Profit is fairly stable compared to the past year. 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 Nova Leap's earnings, one of the primary drivers of an investment's value.

Nova Current Valuation vs. Competition

Nova Leap Health is regarded fourth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Health Care industry is now estimated at about 147.2 Million. Nova Leap retains roughly 21.74 Million in current valuation claiming about 15% of equities under Health Care industry.

Nova Gross Profit 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.

Nova Leap

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
21.74 M
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.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Nova Leap

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
9.98 M
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.

Nova Gross Profit Comparison

Nova Leap is currently under evaluation in gross profit category among its peers.

Nova Leap Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Nova Leap, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nova Leap will eventually generate negative long term returns. The profitability progress is the general direction of Nova Leap's change in net profit over the period of time. It can combine multiple indicators of Nova Leap, 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 Income-1.1 M-1 M
Operating Income-179.1 K-170.2 K
Net Loss-1.1 M-1 M
Income Before Tax-1.4 M-1.3 M
Total Other Income Expense Net-995 K-945.3 K
Net Loss-961.1 K-913.1 K
Net Loss-1.1 M-1 M
Income Tax Expense-333.7 K-317 K
Net Interest Income-233.3 K-245 K
Change To Netincome702.6 K359.6 K
Net Loss(0.01)(0.01)
Income Quality(2.04)(1.94)
Net Income Per E B T 0.77  0.73 

Nova Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Nova Leap. 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 Nova Leap 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 Nova Leap's 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 Nova Leap 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.

Did you try this?

Run Content Syndication Now

   

Content Syndication

Quickly integrate customizable finance content to your own investment portal
All  Next Launch Module

Use Investing Themes to Complement your Nova Leap position

In addition to having Nova Leap 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.

Did You Try This Idea?

Run Construction Thematic Idea Now

Construction
Construction Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Construction theme has 61 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 Construction Theme or any other thematic opportunities.
View All  Next Launch

Additional Tools for Nova Stock Analysis

When running Nova Leap's price analysis, check to measure Nova Leap'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 Leap is operating at the current time. Most of Nova Leap's value examination focuses on studying past and present price action to predict the probability of Nova Leap'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 Leap's price. Additionally, you may evaluate how the addition of Nova Leap to your portfolios can decrease your overall portfolio volatility.