Northern Ocean Valuation
| NOL Stock | NOK 8.30 0.05 0.61% |
At this time, the firm appears to be overvalued. Northern Ocean secures a last-minute Real Value of 7.84 per share. The latest price of the firm is 8.3. Our model forecasts the value of Northern Ocean from analyzing the firm fundamentals such as Profit Margin of (0.66) %, return on equity of -0.0411, and Current Valuation of 6.03 B as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that Northern Ocean's price fluctuation is somewhat reliable at this time. Calculation of the real value of Northern Ocean is based on 3 months time horizon. Increasing Northern Ocean's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Northern stock is determined by what a typical buyer is willing to pay for full or partial control of Northern Ocean. Since Northern Ocean is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Northern Stock. However, Northern Ocean'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 8.3 | Real 7.84 | Hype 8.3 | Naive 8.8 |
The intrinsic value of Northern Ocean's stock can be calculated using various methods such as discounted cash flow or dividend analysis. That value may differ from its market price, which is determined by factors such as investor sentiment, market trends, headlines, and other external factors that may influence Northern Ocean's stock price.
Estimating the potential upside or downside of Northern Ocean helps investors to forecast how Northern stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Northern Ocean more accurately as focusing exclusively on Northern Ocean's fundamentals will not take into account other important factors: Northern Ocean Total Value Analysis
Northern Ocean is now expected to have takeover price of 6.03 B with market capitalization of 2.07 B, debt of 459.53 M, and cash on hands of 5.46 M. Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Northern Ocean fundamentals before making investing decisions based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
6.03 B | 2.07 B | 459.53 M | 5.46 M |
Northern Ocean Investor Information
About 44.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.36. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Northern Ocean recorded a loss per share of 1.9. The entity had not issued any dividends in recent years. Based on the analysis of Northern Ocean's profitability, liquidity, and operating efficiency, Northern Ocean is not in a good financial situation at the moment. It has a very high risk of going through financial straits in December.Northern Ocean Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Northern Ocean has an asset utilization ratio of 6.93 percent. This suggests that the Company is making 0.0693 for each dollar of assets. An increasing asset utilization means that Northern Ocean is more efficient with each dollar of assets it utilizes for everyday operations.Northern Ocean Ownership Allocation
Northern Ocean maintains a total of 181.62 Million outstanding shares. Northern Ocean holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.Northern Ocean Profitability Analysis
The company reported the revenue of 67.78 M. Net Loss for the year was (11.03 M) with profit before overhead, payroll, taxes, and interest of 6.12 M.About Northern Ocean Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Northern Ocean. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Northern Ocean based exclusively on its fundamental and basic technical indicators. By analyzing Northern Ocean's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Northern Ocean's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Northern Ocean. We calculate exposure to Northern Ocean's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Northern Ocean's related companies.Northern Ocean Ltd., together with its subsidiaries, provides offshore contract drilling services for the oil and gas industry worldwide. The company was incorporated in 2017 and is based in Hamilton, Bermuda. NORTHERN OCEAN is traded on Oslo Stock Exchange in Norway.
8 Steps to conduct Northern Ocean's Valuation Analysis
Company's valuation is the process of determining the worth of any company in monetary terms. It estimates Northern Ocean's potential worth based on factors such as financial performance, market conditions, growth prospects, and overall economic environment. The result of company valuation is a single number representing a Company's current market value. This value can be used as a benchmark for various financial transactions such as mergers and acquisitions, initial public offerings (IPOs), or private equity investments. To conduct Northern Ocean's valuation analysis, follow these 8 steps:- Gather financial information: Obtain Northern Ocean's financial statements, including balance sheets, income statements, and cash flow statements.
- Determine Northern Ocean's revenue streams: Identify Northern Ocean's primary sources of revenue, including products or services offered, target markets, and pricing strategies.
- Analyze market data: Research Northern Ocean's industry and market trends, including the size of the market, growth rate, and competition.
- Establish Northern Ocean's growth potential: Evaluate Northern Ocean's management, business model, and growth potential.
- Determine Northern Ocean's financial performance: Analyze its financial statements to assess its historical performance and future potential.
- Choose a valuation method: Consider the Company's specific circumstances and choose an appropriate valuation method, such as the discounted cash flow (DCF) or comparable analysis method.
- Calculate the value: Apply the chosen valuation method to the financial information and market data to calculate Northern Ocean's estimated value.
- Review and adjust: Review the results and make necessary adjustments, considering any relevant factors that may have been missed or overlooked.
Other Information on Investing in Northern Stock
Northern Ocean financial ratios help investors to determine whether Northern Stock 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 Northern with respect to the benefits of owning Northern Ocean security.