Nine Energy Net Worth
Nine Energy Net Worth Breakdown | NINE |
Nine Energy Net Worth Analysis
Nine Energy's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Nine Energy's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Nine Energy's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Nine Energy's net worth analysis. One common approach is to calculate Nine Energy's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Nine Energy's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Nine Energy's net worth. This approach calculates the present value of Nine Energy's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Nine Energy's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Nine Energy's net worth. This involves comparing Nine Energy's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Nine Energy's net worth relative to its peers.
Enterprise Value |
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To determine if Nine Energy is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Nine Energy's net worth research are outlined below:
| Nine Energy Service is way too risky over 90 days horizon | |
| Nine Energy Service may become a speculative penny stock | |
| Nine Energy Service appears to be risky and price may revert if volatility continues | |
| Nine Energy Service has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 609.53 M. Net Loss for the year was (32.21 M) with profit before overhead, payroll, taxes, and interest of 136.29 M. | |
| About 31.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from zacks.com: Eni Acquires Four New Exploration Blocks Offshore Cote dIvoire |
Nine Energy uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Nine Energy Service. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Nine Energy's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 7th of March 2024 Upcoming Quarterly Report | View | |
| 13th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 7th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Know Nine Energy's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Nine Energy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nine Energy Service backward and forwards among themselves. Nine Energy's institutional investor refers to the entity that pools money to purchase Nine Energy's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Franklin Resources Inc | 2024-09-30 | 198.1 K | Geode Capital Management, Llc | 2024-09-30 | 188.9 K | Amvescap Plc. | 2024-06-30 | 142.6 K | Lord, Abbett & Co Llc | 2024-09-30 | 135.6 K | Bridgeway Capital Management, Llc | 2024-09-30 | 132.7 K | Bank Of America Corp | 2024-06-30 | 130.7 K | Simplex Trading, Llc | 2024-06-30 | 124.7 K | Mackay Shields Llc | 2024-09-30 | 120.2 K | Bank Of New York Mellon Corp | 2024-06-30 | 103.6 K | Simmons L E & Associates Inc | 2024-09-30 | 9.1 M | Gendell Jeffrey L | 2024-09-30 | 3.4 M |
Follow Nine Energy's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 74.14 M.Market Cap |
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Project Nine Energy's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.10) | (0.11) | |
| Return On Capital Employed | 0.06 | 0.06 | |
| Return On Assets | (0.08) | (0.08) | |
| Return On Equity | 0.90 | 0.95 |
When accessing Nine Energy's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Nine Energy's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Nine Energy's profitability and make more informed investment decisions.
Please note, the presentation of Nine Energy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nine Energy's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Nine Energy's management manipulating its earnings.
Evaluate Nine Energy's management efficiency
Nine Energy Service has return on total asset (ROA) of 0.0141 % which means that it generated a profit of $0.0141 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (5.8338) %, meaning that it created substantial loss on money invested by shareholders. Nine Energy's management efficiency ratios could be used to measure how well Nine Energy manages its routine affairs as well as how well it operates its assets and liabilities. At present, Nine Energy's Return On Equity is projected to slightly decrease based on the last few years of reporting. At present, Nine Energy's Non Current Assets Total are projected to decrease significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 5.7 M, whereas Other Assets are forecasted to decline to 0.95.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | (1.07) | (1.02) | |
| Tangible Book Value Per Share | (3.79) | (3.60) | |
| Enterprise Value Over EBITDA | 5.84 | 5.55 | |
| Price Book Value Ratio | (2.50) | (2.63) | |
| Enterprise Value Multiple | 5.84 | 5.55 | |
| Price Fair Value | (2.50) | (2.63) | |
| Enterprise Value | 424.7 M | 756.1 M |
Leadership effectiveness at Nine Energy Service is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Enterprise Value Revenue 0.7447 | Revenue 556.8 M | Quarterly Revenue Growth (0.02) | Revenue Per Share 15.637 | Return On Equity (5.83) |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Nine Energy insiders, such as employees or executives, is commonly permitted as long as it does not rely on Nine Energy's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Nine Energy insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Nine Energy time-series forecasting models is one of many Nine Energy's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Nine Energy's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Nine Energy Earnings per Share Projection vs Actual
Nine Energy Corporate Directors
| Andrew Waite | Independent Director | Profile | |
| Curtis Harrell | Independent Director | Profile | |
| Scott Schwinger | Independent Director | Profile | |
| David Baldwin | Independent Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nine Energy Service. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Oil & Gas Equipment & 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 Nine Energy. If investors know Nine 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 Nine Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.20) | Revenue Per Share 15.637 | Quarterly Revenue Growth (0.02) | Return On Assets 0.0141 | Return On Equity (5.83) |
The market value of Nine Energy Service is measured differently than its book value, which is the value of Nine that is recorded on the company's balance sheet. Investors also form their own opinion of Nine Energy's value that differs from its market value or its book value, called intrinsic value, which is Nine Energy'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 Nine Energy's market value can be influenced by many factors that don't directly affect Nine Energy'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 Nine Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nine Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nine Energy'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.