Next Meats Holdings Stock Performance
| NXMH Stock | USD 0 0.0001 4.76% |
On a scale of 0 to 100, Next Meats holds a performance score of 1. The company secures a Beta (Market Risk) of 1.47, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Next Meats will likely underperform. Please check Next Meats' variance, as well as the relationship between the skewness and day typical price , to make a quick decision on whether Next Meats' current price movements will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Next Meats Holdings are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Despite fairly weak primary indicators, Next Meats demonstrated solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 620.3 K | |
| Free Cash Flow | -8.5 M |
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Next Meats Relative Risk vs. Return Landscape
If you would invest 0.50 in Next Meats Holdings on September 16, 2024 and sell it today you would lose (0.28) from holding Next Meats Holdings or give up 56.0% of portfolio value over 90 days. Next Meats Holdings is currently generating 0.3185% in daily expected returns and assumes 12.6144% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Next, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Next Meats Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Next Meats' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Next Meats Holdings, and traders can use it to determine the average amount a Next Meats' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0252
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Estimated Market Risk
| 12.61 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 1 99% of assets perform better |
Based on monthly moving average Next Meats is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Next Meats by adding it to a well-diversified portfolio.
Next Meats Fundamentals Growth
Next Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Next Meats, and Next Meats fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Next Pink Sheet performance.
| Return On Equity | -1.68 | |||
| Return On Asset | -0.13 | |||
| Profit Margin | (0.07) % | |||
| Operating Margin | (0.11) % | |||
| Current Valuation | 371.84 M | |||
| Shares Outstanding | 502.56 M | |||
| Price To Earning | 0.01 X | |||
| Price To Book | 98.99 X | |||
| Price To Sales | 30.31 X | |||
| Revenue | 6.95 M | |||
| EBITDA | (5.65 M) | |||
| Cash And Equivalents | 164.22 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 271.61 K | |||
| Debt To Equity | 9.64 % | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (8.45 M) | |||
| Earnings Per Share | 80.95 X | |||
| Total Asset | 5.73 M | |||
About Next Meats Performance
By evaluating Next Meats' fundamental ratios, stakeholders can gain valuable insights into Next Meats' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Next Meats has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Next Meats has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Next Meats Holdings, Inc. focuses on operating in the alternative meat industry. It provides artificial chicken and beef products made from meat substitutes. Next Meats operates under Shell Companies classification in the United States and is traded on OTC Exchange. It employs 165 people.Things to note about Next Meats Holdings performance evaluation
Checking the ongoing alerts about Next Meats for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Next Meats Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Next Meats Holdings had very high historical volatility over the last 90 days | |
| Next Meats Holdings has some characteristics of a very speculative penny stock | |
| Next Meats Holdings has high likelihood to experience some financial distress in the next 2 years | |
| Next Meats Holdings currently holds 271.61 K in liabilities with Debt to Equity (D/E) ratio of 9.64, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Next Meats Holdings has a current ratio of 0.73, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Next Meats until it has trouble settling it off, either with new capital or with free cash flow. So, Next Meats' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Next Meats Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Next to invest in growth at high rates of return. When we think about Next Meats' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 6.95 M. Net Loss for the year was (5.8 M) with profit before overhead, payroll, taxes, and interest of 10.5 M. | |
| Next Meats Holdings currently holds about 164.22 K in cash with (8.45 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 82.0% of Next Meats outstanding shares are owned by corporate insiders |
- Analyzing Next Meats' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Next Meats' stock is overvalued or undervalued compared to its peers.
- Examining Next Meats' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Next Meats' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Next Meats' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Next Meats' pink sheet. These opinions can provide insight into Next Meats' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Next Pink Sheet analysis
When running Next Meats' price analysis, check to measure Next Meats' 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 Next Meats is operating at the current time. Most of Next Meats' value examination focuses on studying past and present price action to predict the probability of Next Meats' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Next Meats' price. Additionally, you may evaluate how the addition of Next Meats to your portfolios can decrease your overall portfolio volatility.
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