Novita Sa Stock Gross Profit
| NVT Stock | 125.00 6.00 5.04% |
Novita SA fundamentals help investors to digest information that contributes to Novita SA's financial success or failures. It also enables traders to predict the movement of Novita Stock. The fundamental analysis module provides a way to measure Novita SA'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 Novita SA stock.
Novita |
Novita SA Company Gross Profit Analysis
Novita SA's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Current Novita SA Gross Profit | 83.86 M |
Most of Novita SA's fundamental indicators, such as Gross Profit, 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, Novita SA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
| Competition |
According to the company disclosure, Novita SA reported 83.86 M of gross profit. This is much higher than that of the sector and significantly higher than that of the Textile Manufacturing industry. The gross profit for all Poland stocks is notably lower than that of the firm.
Novita Gross Profit Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Novita SA's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Novita SA could also be used in its relative valuation, which is a method of valuing Novita SA by comparing valuation metrics of similar companies.Novita SA is regarded third in gross profit category among its peers.
Novita Fundamentals
| Return On Equity | 0.17 | |||
| Return On Asset | 0.0948 | |||
| Profit Margin | 0.1 % | |||
| Operating Margin | 0.12 % | |||
| Current Valuation | 233.01 M | |||
| Shares Outstanding | 2.5 M | |||
| Shares Owned By Insiders | 91.75 % | |||
| Price To Book | 1.64 X | |||
| Price To Sales | 0.94 X | |||
| Revenue | 221.43 M | |||
| Gross Profit | 83.86 M | |||
| EBITDA | 66.47 M | |||
| Net Income | 61.04 M | |||
| Book Value Per Share | 56.05 X | |||
| Cash Flow From Operations | 54.04 M | |||
| Earnings Per Share | 9.28 X | |||
| Number Of Employees | 187 | |||
| Beta | 0.88 | |||
| Market Capitalization | 282.5 M | |||
| Total Asset | 196.01 M | |||
| Z Score | 1.0 | |||
| Annual Yield | 0.11 % | |||
| Net Asset | 196.01 M |
About Novita SA Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Novita SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Novita SA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Novita SA 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.
Pair Trading with Novita SA
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 Novita SA 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 Novita SA will appreciate offsetting losses from the drop in the long position's value.Moving against Novita Stock
| 0.8 | 06N | Magna Polonia SA | PairCorr |
| 0.78 | MOV | Movie Games SA | PairCorr |
| 0.76 | MRC | Mercator Medical | PairCorr |
| 0.7 | KOM | Komputronik SA | PairCorr |
| 0.63 | CCE | Clean Carbon Energy | PairCorr |
The ability to find closely correlated positions to Novita SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Novita SA 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 Novita SA - 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 Novita SA to buy it.
The correlation of Novita SA 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 Novita SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Novita SA 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 Novita SA 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.Additional Tools for Novita Stock Analysis
When running Novita SA's price analysis, check to measure Novita SA's 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 Novita SA is operating at the current time. Most of Novita SA's value examination focuses on studying past and present price action to predict the probability of Novita SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novita SA's price. Additionally, you may evaluate how the addition of Novita SA to your portfolios can decrease your overall portfolio volatility.