New America Valuation
| HYB Etf | USD 8.22 0.05 0.60% |
At this time, the etf appears to be fairly valued. New America High secures a last-minute Real Value of $8.21 per share. The latest price of the etf is $8.22. Our model forecasts the value of New America High from analyzing the etf fundamentals such as Profit Margin of (225.08) %, current valuation of 241.3 M, and Return On Equity of -19.63 as well as examining its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that New America's price fluctuation is very steady at this time. Calculation of the real value of New America High is based on 3 months time horizon. Increasing New America's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since New America is currently traded on the exchange, buyers and sellers on that exchange determine the market value of New Etf. However, New America's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 8.22 | Real 8.21 | Hype 8.22 | Naive 8.27 |
The real value of New Etf, also known as its intrinsic value, is the underlying worth of New America High ETF, which is reflected in its stock price. It is based on New America's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of New America's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of New America High helps investors to forecast how New etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of New America more accurately as focusing exclusively on New America's fundamentals will not take into account other important factors: New America Total Value Analysis
New America High is currently anticipated to have company total value of 241.3 M with market capitalization of 181.86 M, debt of 84 M, and cash on hands of 16 K. Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the New America fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
241.3 M | 181.86 M | 84 M | 16 K |
New America Investor Information
The fund last dividend was 0.6 per share. Based on the key measurements obtained from New America's financial statements, New America High is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in December.New America Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. New America has an asset utilization ratio of 8.08 percent. This suggests that the ETF is making $0.0808 for each dollar of assets. An increasing asset utilization means that New America High is more efficient with each dollar of assets it utilizes for everyday operations.New America Ownership Allocation
New America High maintains a total of 23.37 Million outstanding shares. Roughly 77.1 % of New America outstanding shares are held by general public with 0.28 pct. owned by insiders and only 22.62 % by institutional investors. Please note that no matter how many assets the company has, if the real value of the etf is less than the current market value, you may not be able to make money on it.New America Profitability Analysis
The company reported the last year's revenue of 17.95 M. Reported Net Loss for the year was (40.41 M) with profit before taxes, overhead, and interest of 18.43 M.New America Past Distributions to stockholders
Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates New America's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in New America and how it compares across the competition.
About New America Valuation
The etf valuation mechanism determines New America's current worth on a weekly basis. Our valuation model uses a comparative analysis of New America. We calculate exposure to New America's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of New America's related companies.The New America High Income Fund Inc. is a closed-ended fixed income mutual fund launched and managed by T. Rowe Price Associates, Inc. The fund invests in the fixed income markets of the United States. It seeks to invest in the stocks of companies operating across the diversified sectors. The fund invests in high yield fixed-income securities i.e. junk bonds rated BB or lower by SP or Ba or lower by Moody. It benchmarks the performance of its portfolio against the Credit Suisse High Yield Index and the Citigroup 10 Year Treasury Index. The New America High Income Fund Inc. was formed on November 19, 1987 and is domiciled in the United States.
A single share of New America represents a small ownership stake in the entity. As a stockholder of New, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.
New America Dividends Analysis For Valuation
Please note that New America has scaled down on payment of dividends at this time.
There are various types of dividends New America can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of New shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from New America High directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When New pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of New America by the value of the dividends paid out.
Other Information on Investing in New Etf
New America financial ratios help investors to determine whether New Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in New with respect to the benefits of owning New America security.