Nortec Minerals Corp Stock Price To Earning
| 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.
Nortec | Price To Earning |
Nortec Minerals Corp Company Price To Earning Analysis
Nortec Minerals' Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Nortec Minerals Price To Earning | (7.08) X |
Most of Nortec Minerals' fundamental indicators, such as Price To Earning, 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.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Nortec Retained Earnings
Retained Earnings |
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Based on the latest financial disclosure, Nortec Minerals Corp has a Price To Earning of -7.08 times. This is 106.76% lower than that of the Metals & Mining sector and 175.72% lower than that of the Materials industry. The price to earning for all Canada stocks is 124.65% higher than that of the company.
Nortec Price To Earning 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 Price To Earning 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 price to earning 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.
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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.