Nextplat Competitors

Stocks . USA . 
Stock . Nextplat Corp
NXPL Stock  USD 0.85  0.06  6.59%   
Nextplat Corp competes with RenoWorks Software, LifeSpeak, Where Food, Waldencast Acquisition, and TROOPS; as well as few others. The company conducts business under Software sector and is part of Information Technology industry. Analyzing Nextplat Corp competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Nextplat Corp to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Nextplat Corp Correlation with its peers.
For more information on how to buy Nextplat Stock please use our How to buy in Nextplat Stock guide.
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Nextplat Corp Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Nextplat Corp and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Nextplat and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Nextplat Corp does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
TROO
+ 0.5
WALDW
ATIXF
+ 0.33
OONEF
ATIXF
+ 0.33
TROO
WALDW
+ 0.3
OONEF
ATIXF
+ 0.24
WALDW
TROO
+ 0.18
OONEF
  
High negative correlations   
OONEF
- 0.53
LSPKF
WALDW
- 0.48
WFCF
ATIXF
- 0.4
WFCF
TROO
- 0.29
LSPKF
TROO
- 0.24
WFCF
ATIXF
- 0.21
LSPKF

Risk-Adjusted Indicators

There is a big difference between Nextplat Stock performing well and Nextplat Corp Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Nextplat Corp's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
ROWKF  26.69  9.49  0.00  0.64  0.00 
 0.00 
 0.00 
 0.00 
 852.38 
DPSIP  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
 0.00 
 0.00 
LSPKF  1.02 (0.20) 0.00  0.36  0.00 
 0.00 
 0.00 
 0.00 
 46.79 
FMEGF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
 0.00 
 0.00 
OONEF  25.12  12.17  0.00 (0.88) 0.00 
 0.00 
 25.00 
(16.67)
 566.67 
WFCF  1.27  0.18  0.03 (1.28) 1.41 
(1.55)
 3.34 
(2.07)
 8.33 
WALDW  7.15 (0.59) 0.00 (0.07) 0.00 
 0.00 
 20.00 
(21.43)
 67.86 
TROO  3.86 (1.37) 0.00  3.36  0.00 
 0.00 
 8.36 
(8.49)
 35.61 
ATIXF  20.13  4.74  0.16  0.78  15.79 
(76.03)
 40.00 
(35.00)
 493.00 
All Fundamental Data

Nextplat Corp Competitive Analysis

The better you understand Nextplat Corp competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Nextplat Corp's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Nextplat Corp's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
NXPL ROWKF DPSIP LSPKF FMEGF OONEF WFCF WALDW TROO ATIXF
 6.59 
 0.85 
Nextplat
 0.00 
 0.16 
RenoWorks
 0.00 
 0.51 
Decisionpoint
 32.50 
 0.27 
LifeSpeak
 0.00 
 0.14 
Farmers
 16.67 
 0.05 
OONEF
 0.25 
 11.99 
Where
 0.00 
 0.14 
Waldencast
 2.38 
 1.72 
TROOPS
 7.14 
 0.01 
AnalytixInsight
Market Volatility
(90 Days Market Risk)
Abnormally volatile
Out of control
Very steady
Out of control
Very steady
Out of control
Not too volatile
Out of control
Dangerous
Out of control
Market Performance
(90 Days Performance)
Very Weak
OK
Very Weak
Very Weak
Very Weak
Good
OK
Very Weak
Very Weak
OK
Odds of Financial Distress
(Probability Of Bankruptcy)
Below Average
Low
Dangerous
Quite High
Dangerous
Above Average
Very Small
Quite High
About Average
Quite High
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Under Valued
Fairly Valued
Fairly Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Hold
Not Rated
Strong Sell
Not Rated
Strong Sell
Cautious Hold
Cautious Hold
Strong Sell
Cautious Hold
Current Ratio
15.15
1.82
N/A
0.68
1.3
3.38
2.24
0.71
2.84
10.51
Net Asset
64.47 M
2.21 M
35.73 M
91.74 M
135.78 M
1.11 M
16.29 M
1.04 B
70.34 M
10.94 M
Profit Margin
-0.0759
-0.16
0.0222
-0.77
-2.44
-0.64
0.0842
-0.29
-0.48
-1.42
EBITDA
(19.68 M)
(480.87 K)
3 M
(25.37 M)
(40.23 M)
(605.26 K)
3.33 M
(33.54 M)
319 K
(3.85 M)
Operating Margin
-0.065
-0.17
0.0296
-0.59
-2.25
-0.63
0.0912
-0.21
-0.43
-1.3
Current Valuation
5.79 M
5.25 M
4.73 M
92.66 M
22.36 M
7.2 M
61.46 M
N/A
182.62 M
24.56 M
Price To Book
1.05
9.96
N/A
0.73
0.35
13.0
6.51
N/A
2.88
4.62
Retained Earnings
(34.92 M)
N/A
N/A
N/A
N/A
N/A
9.74 M
(246.76 M)
(75.6 M)
N/A
Current Asset
N/A
N/A
N/A
N/A
N/A
N/A
5.85 M
N/A
N/A
N/A
Beta
0.92
0.54
1.78
N/A
N/A
0.64
0.52
-0.53
1.73
1.93
Number Of Employees
142
8
100
10
9
3
89
284
19
12
Shares Outstanding
25.96 M
40.66 M
N/A
50.98 M
41.91 M
96.36 M
5.28 M
N/A
101.6 M
96.45 M
Cash Flow From Operations
(3.6 M)
93.93 K
2.35 M
(11.34 M)
(62.2 M)
(497.52 K)
2.82 M
(29.77 M)
(6.54 M)
(2.07 M)
Total Debt
3.01 M
212.05 K
146 K
12.7 M
930 K
40 K
2.8 M
177.72 M
4 K
22.83 K
Return On Equity
-0.59
-1.18
0.13
-0.53
-1.06
-0.76
0.21
-0.11
-0.028
-0.32
Z Score
N/A
18.2
1.0
1.2
5.4
N/A
N/A
N/A
N/A
N/A
Return On Asset
-0.11
-0.25
0.0384
-0.11
-0.43
-0.33
0.0984
-0.0442
-0.0161
-0.17
Number Of Shares Shorted
22.21 K
N/A
N/A
N/A
N/A
N/A
12.82 K
19.98 K
97.29 K
N/A
Book Value Per Share
1.72
0.022
2.17
1.23
0.98
0.008
1.97
5.6
0.6
0.084
Current Liabilities
N/A
N/A
N/A
N/A
N/A
N/A
1.32 M
N/A
N/A
N/A
Total Asset
64.47 M
2.21 M
35.73 M
91.74 M
135.78 M
1.11 M
16.29 M
1.04 B
70.34 M
10.94 M
Debt To Equity
0.05
0.033
N/A
1.51
0.13
0.15
0.24
N/A
0.002
0.002
Short Ratio
0.52
N/A
N/A
N/A
N/A
N/A
2.55
N/A
10.4
N/A
Target Price
N/A
N/A
N/A
N/A
N/A
N/A
18.3
N/A
N/A
N/A
Shares Owned By Institutions
4.78
N/A
N/A
2.22
7.9
N/A
19.48
N/A
0.08
N/A
Market Capitalization
23.66 M
5.78 M
N/A
33.14 M
8.41 M
8.73 M
63.12 M
366.38 M
170.68 M
19.92 M
Price To Earning
N/A
53.5
N/A
N/A
N/A
N/A
64.18
N/A
N/A
-4.12
Price To Sales
0.36
1.09
N/A
0.83
0.26
8.65
2.45
N/A
47.82
11.36
Net Income
(3.78 M)
(608.96 K)
1.41 M
(26.32 M)
(66.35 M)
(662 K)
2.15 M
(89.98 M)
(1.72 M)
(4.08 M)
Earnings Per Share
-0.68
-0.021
0.13
-0.8
-1.31
-0.009
0.36
N/A
-0.02
-0.036
Shares Owned By Insiders
56.92
40.8
N/A
41.6
65.75
12.41
49.3
N/A
51.86
6.65
Revenue
37.76 M
5.55 M
65.94 M
23.27 M
36.17 M
1.03 M
25.14 M
218.14 M
3.57 M
3 M
Working Capital
29.4 M
N/A
N/A
N/A
N/A
N/A
3.23 M
44.61 M
5.95 M
N/A
Cash And Equivalents
20.47 M
1.15 M
N/A
10.52 M
8.97 M
858.55 K
6.41 M
1.09 M
3.48 M
4.33 M
Cash Per Share
2.15
0.03
N/A
0.21
0.21
0.01
1.08
0.03
0.03
0.05
Gross Profit
1.86 M
3.49 M
15.3 M
20.92 M
(4.98 M)
1.03 M
10.47 M
N/A
(1.03 M)
758.47 K
Day Typical Price
0.89
0.16
0.51
0.27
0.14
0.05
11.89
0.14
1.73
0.013
Accumulation Distribution
0.18
N/A
N/A
N/A
N/A
N/A
0.025
N/A
249.15
N/A
Market Facilitation Index
0.18
N/A
N/A
N/A
N/A
N/A
0.3
N/A
1.0E-4
N/A
Daily Balance Of Power
(0.33)
0.0
0.0
(9,223,372,036,855)
0.0
(9,223,372,036,855)
0.1
0.0
0.2222
(9,223,372,036,855)
Period Momentum Indicator
(0.06)
N/A
N/A
(0.13)
N/A
(0.01)
0.03
N/A
0.04
(0)
Rate Of Daily Change
0.93
1.0
1.0
0.68
1.0
0.83
1.0
1.0
1.02
0.93
Day Median Price
0.91
0.16
0.51
0.27
0.14
0.05
11.84
0.14
1.74
0.013
Price Action Indicator
(0.09)
N/A
N/A
(0.07)
N/A
(0.01)
0.17
N/A
N/A
(0.0005)
Coefficient Of Variation
(1,303)
934.4
N/A
(1,556)
N/A
648.25
982.01
(5,879)
(385.44)
1004.64
Mean Deviation
3.17
26.69
N/A
1.02
N/A
25.12
1.27
7.15
3.86
20.13
Jensen Alpha
(0.40)
9.49
N/A
(0.20)
N/A
12.17
0.1756
(0.59)
(1.37)
4.74
Total Risk Alpha
(1.15)
(4.72)
N/A
(0.98)
N/A
0.2479
(0.09)
(2.18)
(2.24)
(2.87)
Sortino Ratio
N/A
N/A
N/A
N/A
N/A
N/A
0.0266
N/A
N/A
0.1553
Downside Variance
N/A
N/A
N/A
N/A
N/A
N/A
2.96
N/A
N/A
1229.33
Standard Deviation
4.99
108.27
N/A
4.5
N/A
69.8
1.68
12.93
5.44
55.95
Kurtosis
13.03
61.49
N/A
45.48
N/A
40.78
0.5131
4.14
2.7
48.11
Potential Upside
4.88
N/A
N/A
N/A
N/A
25.0
3.34
20.0
8.36
40.0
Treynor Ratio
(5.16)
0.6403
N/A
0.362
N/A
(0.88)
(1.28)
(0.07)
3.36
0.7804
Maximum Drawdown
34.56
852.38
N/A
46.79
N/A
566.67
8.33
67.86
35.61
493.0
Variance
24.94
11721.48
N/A
20.24
N/A
4871.85
2.82
167.28
29.59
3130.93
Market Risk Adjusted Performance
(5.15)
0.6503
N/A
0.372
N/A
(0.87)
(1.27)
(0.06)
3.37
0.7904
Risk Adjusted Performance
(0.05)
0.0919
N/A
(0.04)
N/A
0.1281
0.0835
(0)
(0.19)
0.0861
Skewness
(2.53)
7.79
N/A
(5.55)
N/A
6.06
0.1297
0.1771
0.156
6.47
Semi Deviation
N/A
N/A
N/A
N/A
N/A
N/A
1.41
N/A
N/A
15.79
Information Ratio
(0.10)
0.1059
N/A
(0.09)
N/A
0.1525
0.0272
(0.03)
(0.28)
0.0973
Value At Risk
(7.80)
N/A
N/A
N/A
N/A
(16.67)
(2.07)
(21.43)
(8.49)
(35.00)
Expected Short fall
N/A
N/A
N/A
N/A
N/A
N/A
(1.55)
N/A
N/A
(76.03)
Downside Deviation
N/A
N/A
N/A
N/A
N/A
N/A
1.72
N/A
N/A
35.06
Semi Variance
N/A
N/A
N/A
N/A
N/A
N/A
1.98
N/A
N/A
249.47

Nextplat Corp Competition Performance Charts

Five steps to successful analysis of Nextplat Corp Competition

Nextplat Corp's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Nextplat Corp in relation to its competition. Nextplat Corp's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Nextplat Corp in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Nextplat Corp's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Nextplat Corp, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

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When determining whether Nextplat Corp is a strong investment it is important to analyze Nextplat Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nextplat Corp's future performance. For an informed investment choice regarding Nextplat Stock, refer to the following important reports:
How To Invest In Nextplat
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Is Nextplat Stock a good investment?
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What is Nextplat Corp's Net Worth?
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Largest Application Software Companies
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Largest Software - Application Companies
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Check out Nextplat Corp Correlation with its peers.
For more information on how to buy Nextplat Stock please use our How to buy in Nextplat Stock guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nextplat Corp. If investors know Nextplat will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nextplat Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Nextplat Corp is measured differently than its book value, which is the value of Nextplat that is recorded on the company's balance sheet. Investors also form their own opinion of Nextplat Corp's value that differs from its market value or its book value, called intrinsic value, which is Nextplat Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nextplat Corp's market value can be influenced by many factors that don't directly affect Nextplat Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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Z Score
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Piotroski
F Score
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Beneish
M Score
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Financial
Analysis
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Buy or Sell
Advice
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Please note, there is a significant difference between Nextplat Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nextplat Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nextplat Corp'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.
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