Nft Limited Stock Beta
| MI Stock | 4.24 0.07 1.62% |
NFT Limited fundamentals help investors to digest information that contributes to NFT's financial success or failures. It also enables traders to predict the movement of NFT Stock. The fundamental analysis module provides a way to measure NFT's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NFT stock.
NFT | Beta |
NFT Limited Company Beta Analysis
NFT's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current NFT Beta | 3.03 |
Most of NFT's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NFT Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
NFT Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for NFT is extremely important. It helps to project a fair market value of NFT Stock properly, considering its historical fundamentals such as Beta. Since NFT's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of NFT's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of NFT's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, NFT Limited has a Beta of 3.032. This is 260.95% higher than that of the IT Services sector and significantly higher than that of the Information Technology industry. The beta for all United States stocks is notably lower than that of the firm.
NFT Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NFT's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NFT could also be used in its relative valuation, which is a method of valuing NFT by comparing valuation metrics of similar companies.NFT is currently under evaluation in beta category among its peers.
NFT Current Valuation Drivers
We derive many important indicators used in calculating different scores of NFT from analyzing NFT's financial statements. These drivers represent accounts that assess NFT's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of NFT's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 7.6M | 5.6M | 111.9M | 14.6M | 19.4M | 24.8M | |
| Enterprise Value | 4.0M | 19.8M | 110.5M | (47.5M) | (42.4M) | (40.3M) |
NFT ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, NFT's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to NFT's managers, analysts, and investors.Environmental | Governance | Social |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, NFT will likely underperform.
NFT Fundamentals
| Return On Equity | 0.0696 | |||
| Return On Asset | -0.0078 | |||
| Profit Margin | 3.71 % | |||
| Operating Margin | (1.29) % | |||
| Current Valuation | (44.28 M) | |||
| Shares Outstanding | 4.08 M | |||
| Shares Owned By Insiders | 17.93 % | |||
| Number Of Shares Shorted | 8.06 K | |||
| Price To Earning | 16.25 X | |||
| Price To Book | 0.23 X | |||
| Price To Sales | 13.80 X | |||
| Revenue | 2.15 M | |||
| EBITDA | (875.28 K) | |||
| Net Income | 5.2 M | |||
| Cash And Equivalents | 600.97 M | |||
| Cash Per Share | 4.11 X | |||
| Total Debt | 12.89 M | |||
| Debt To Equity | 9.40 % | |||
| Book Value Per Share | 18.32 X | |||
| Cash Flow From Operations | (316.95 K) | |||
| Short Ratio | 0.16 X | |||
| Earnings Per Share | (127.66) X | |||
| Number Of Employees | 27 | |||
| Beta | 3.03 | |||
| Market Capitalization | 17.59 M | |||
| Total Asset | 73.69 M | |||
| Retained Earnings | (34.96 M) | |||
| Working Capital | 60.8 M | |||
| Net Asset | 73.69 M |
About NFT Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NFT Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NFT using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NFT Limited based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out NFT Piotroski F Score and NFT Altman Z Score analysis. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is IT Consulting & Other Services 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 NFT. If investors know NFT 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 NFT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.85) | Earnings Share (127.66) | Revenue Per Share 0.312 | Quarterly Revenue Growth (0.66) | Return On Assets (0.01) |
The market value of NFT Limited is measured differently than its book value, which is the value of NFT that is recorded on the company's balance sheet. Investors also form their own opinion of NFT's value that differs from its market value or its book value, called intrinsic value, which is NFT'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 NFT's market value can be influenced by many factors that don't directly affect NFT's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NFT's value and its price as these two are different measures arrived at by different means. Investors typically determine if NFT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NFT'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.