Nortec Minerals Corp Stock Fundamentals
| NVT Stock | CAD 0.01 0.01 25.00% |
Nortec Minerals Corp fundamentals help investors to digest information that contributes to Nortec Minerals' financial success or failures. It also enables traders to predict the movement of Nortec Stock. The fundamental analysis module provides a way to measure Nortec Minerals' 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 Nortec Minerals stock.
At this time, Nortec Minerals' Selling General Administrative is fairly stable compared to the past year. Total Other Income Expense Net is likely to climb to about 246.8 K in 2024, whereas Gross Profit is likely to drop (20.7 K) in 2024. Nortec | Select Account or Indicator |
Nortec Minerals Corp Company Return On Equity Analysis
Nortec Minerals' 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 Nortec Minerals Return On Equity | -6.99 |
Most of Nortec Minerals' 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, Nortec Minerals Corp 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.
| Competition |
Nortec Total Stockholder Equity
Total Stockholder Equity |
|
Based on the latest financial disclosure, Nortec Minerals Corp has a Return On Equity of -6.9935. This is 868.52% lower than that of the Metals & Mining sector and notably lower than that of the Materials industry. The return on equity for all Canada stocks is notably higher than that of the company.
Nortec Minerals Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nortec Minerals's current stock value. Our valuation model uses many indicators to compare Nortec Minerals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nortec Minerals competition to find correlations between indicators driving Nortec Minerals's intrinsic value. More Info.Nortec Minerals Corp 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 . 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 Nortec Minerals' earnings, one of the primary drivers of an investment's value.Nortec Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nortec Minerals' 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 Nortec Minerals could also be used in its relative valuation, which is a method of valuing Nortec Minerals by comparing valuation metrics of similar companies.Nortec Minerals is currently under evaluation in return on equity category among its peers.
Nortec Fundamentals
| Return On Equity | -6.99 | ||||
| Return On Asset | -0.5 | ||||
| Current Valuation | 530.1 K | ||||
| Shares Outstanding | 53.4 M | ||||
| Shares Owned By Insiders | 35.13 % | ||||
| Number Of Shares Shorted | 47 | ||||
| Price To Earning | (7.08) X | ||||
| Price To Book | 2.42 X | ||||
| Gross Profit | (14.83 K) | ||||
| EBITDA | 1.68 M | ||||
| Net Income | (327.44 K) | ||||
| Cash And Equivalents | 6.31 K | ||||
| Total Debt | 145 K | ||||
| Debt To Equity | 17.80 % | ||||
| Current Ratio | 0.03 X | ||||
| Book Value Per Share | (0) X | ||||
| Cash Flow From Operations | (525.59 K) | ||||
| Short Ratio | 2.49 X | ||||
| Earnings Per Share | (0.01) X | ||||
| Beta | 0.7 | ||||
| Market Capitalization | 800.93 K | ||||
| Total Asset | 348.58 K | ||||
| Retained Earnings | (27.27 M) | ||||
| Working Capital | (52.15 K) | ||||
| Net Asset | 348.58 K |
About Nortec Minerals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nortec Minerals Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nortec Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nortec Minerals Corp 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 | ||
| Cost Of Revenue | 15.5 K | 8.9 K |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Nortec Stock Analysis
When running Nortec Minerals' price analysis, check to measure Nortec Minerals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nortec Minerals is operating at the current time. Most of Nortec Minerals' value examination focuses on studying past and present price action to predict the probability of Nortec Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nortec Minerals' price. Additionally, you may evaluate how the addition of Nortec Minerals to your portfolios can decrease your overall portfolio volatility.