Novan Inc Valuation
| NOVNDelisted Stock | USD 0.13 0.00 0.00% |
Novan seems to be overvalued based on Macroaxis valuation methodology. Our model forecasts the value of Novan Inc from analyzing the firm fundamentals such as Return On Equity of -20.99, profit margin of (1.29) %, and Current Valuation of 27.74 M as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that Novan's price fluctuation is very steady at this time. Calculation of the real value of Novan Inc is based on 3 months time horizon. Increasing Novan's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Novan is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Novan Stock. However, Novan'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 0.13 | Real 0.12 | Hype 0.13 |
The intrinsic value of Novan'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, news, and other external factors that may influence Novan's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Novan Inc helps investors to forecast how Novan 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 Novan more accurately as focusing exclusively on Novan's fundamentals will not take into account other important factors: Novan Total Value Analysis
Novan Inc is now anticipated to have valuation of 27.74 M with market capitalization of 2.64 M, debt of 3.93 M, and cash on hands of 14.9 M. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the Novan fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
27.74 M | 2.64 M | 3.93 M | 14.9 M |
Novan Investor Information
About 15.0% of the company shares are owned by institutional investors. The company recorded a loss per share of 0.84. Novan Inc had not issued any dividends in recent years. The entity had 1:10 split on the 26th of May 2021. Based on the analysis of Novan's profitability, liquidity, and operating efficiency, Novan Inc is not in a good financial situation at the moment. It has a very high risk of going through financial straits in December.Novan Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Novan has an asset utilization ratio of 26.14 percent. This suggests that the Company is making $0.26 for each dollar of assets. An increasing asset utilization means that Novan Inc is more efficient with each dollar of assets it utilizes for everyday operations.Novan Ownership Allocation
Novan Inc maintains a total of 28.02 Million outstanding shares. Roughly 84.21 % of Novan outstanding shares are held by general public with 0.86 pct. owned by insiders and only 14.93 % by institutional investors. 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.Novan Profitability Analysis
The company reported the previous year's revenue of 23.61 M. Net Loss for the year was (31.31 M) with profit before overhead, payroll, taxes, and interest of 313 K.About Novan Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Novan Inc. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Novan Inc based exclusively on its fundamental and basic technical indicators. By analyzing Novan's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Novan's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Novan. We calculate exposure to Novan's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Novan's related companies.Novan, Inc., a medical dermatology company, focuses on researching, developing, and commercializing therapeutic products for skin diseases. Novan, Inc. was incorporated in 2006 and is headquartered in Durham, North Carolina. Novan operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 29 people.
Novan Growth Indicators
Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines.
| Common Stock Shares Outstanding | 22 M | |
| Quarterly Earnings Growth Y O Y | -0.615 |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Other Consideration for investing in Novan Stock
If you are still planning to invest in Novan Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Novan's history and understand the potential risks before investing.
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