N2off Inc Stock Fundamentals
| NITO Stock | 0.20 0.02 9.09% |
N2OFF Inc fundamentals help investors to digest information that contributes to N2OFF's financial success or failures. It also enables traders to predict the movement of N2OFF Stock. The fundamental analysis module provides a way to measure N2OFF'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 N2OFF stock.
At this time, N2OFF's Selling And Marketing Expenses is very stable compared to the past year. As of the 2nd of December 2024, Reconciled Depreciation is likely to grow to about 35.6 K, while Interest Expense is likely to drop 5,090. N2OFF | Select Account or Indicator |
N2OFF Inc Company Return On Equity Analysis
N2OFF's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current N2OFF Return On Equity | -1.13 |
Most of N2OFF's fundamental indicators, such as Return On Equity, 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, N2OFF Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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N2OFF Total Stockholder Equity
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Based on the latest financial disclosure, N2OFF Inc has a Return On Equity of -1.1261. This is 223.75% lower than that of the Chemicals sector and 113.97% lower than that of the Materials industry. The return on equity for all United States stocks is notably higher than that of the company.
N2OFF Inc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining N2OFF's current stock value. Our valuation model uses many indicators to compare N2OFF value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across N2OFF competition to find correlations between indicators driving N2OFF's intrinsic value. More Info.N2OFF Inc is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . At this time, N2OFF's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the N2OFF's earnings, one of the primary drivers of an investment's value.N2OFF Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses N2OFF's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of N2OFF could also be used in its relative valuation, which is a method of valuing N2OFF by comparing valuation metrics of similar companies.N2OFF is currently under evaluation in return on equity category among its peers.
N2OFF Fundamentals
| Return On Equity | -1.13 | |||
| Return On Asset | -0.47 | |||
| Operating Margin | (52.35) % | |||
| Current Valuation | (1.87 M) | |||
| Shares Outstanding | 4.16 M | |||
| Shares Owned By Insiders | 23.91 % | |||
| Shares Owned By Institutions | 2.26 % | |||
| Number Of Shares Shorted | 88.06 K | |||
| Price To Book | 0.23 X | |||
| Price To Sales | 8.42 X | |||
| Revenue | 263.44 K | |||
| EBITDA | (7.52 M) | |||
| Net Income | (7.26 M) | |||
| Total Debt | 47.7 K | |||
| Book Value Per Share | 1.44 X | |||
| Cash Flow From Operations | (3.23 M) | |||
| Short Ratio | 0.14 X | |||
| Earnings Per Share | (3.12) X | |||
| Beta | 1.04 | |||
| Market Capitalization | 1.4 M | |||
| Total Asset | 7.24 M | |||
| Retained Earnings | (29.36 M) | |||
| Working Capital | 4.69 M | |||
| Net Asset | 7.24 M |
About N2OFF Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze N2OFF Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of N2OFF using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of N2OFF Inc 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.| Last Reported | Projected for Next Year | ||
| Total Revenue | 263.4 K | 330.8 K | |
| Cost Of Revenue | 55.2 K | 90.4 K | |
| Stock Based Compensation To Revenue | 9.49 | 9.97 | |
| Sales General And Administrative To Revenue | 21.69 | 22.78 | |
| Research And Ddevelopement To Revenue | 7.36 | 7.73 | |
| Revenue Per Share | 0.22 | 0.21 | |
| Ebit Per Revenue | (28.76) | (27.33) |
Pair Trading with N2OFF
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if N2OFF position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in N2OFF will appreciate offsetting losses from the drop in the long position's value.Moving against N2OFF Stock
| 0.76 | CF | CF Industries Holdings | PairCorr |
| 0.54 | IPI | Intrepid Potash | PairCorr |
| 0.5 | UAN | CVR Partners LP | PairCorr |
| 0.43 | SMG | Scotts Miracle Gro | PairCorr |
| 0.31 | ENFY | ENFY Symbol Change | PairCorr |
The ability to find closely correlated positions to N2OFF could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace N2OFF when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back N2OFF - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling N2OFF Inc to buy it.
The correlation of N2OFF is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as N2OFF moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if N2OFF Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for N2OFF can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out N2OFF Piotroski F Score and N2OFF Altman Z Score analysis. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Fertilizers & Agricultural Chemicals 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 N2OFF. If investors know N2OFF 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 N2OFF listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.12) | Revenue Per Share 0.07 | Quarterly Revenue Growth (0.55) | Return On Assets (0.47) | Return On Equity (1.13) |
The market value of N2OFF Inc is measured differently than its book value, which is the value of N2OFF that is recorded on the company's balance sheet. Investors also form their own opinion of N2OFF's value that differs from its market value or its book value, called intrinsic value, which is N2OFF'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 N2OFF's market value can be influenced by many factors that don't directly affect N2OFF'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 N2OFF's value and its price as these two are different measures arrived at by different means. Investors typically determine if N2OFF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, N2OFF'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.