Nuveen California Current Valuation vs. Revenue

NXC Stock  USD 13.14  0.06  0.45%   
Based on the key profitability measurements obtained from Nuveen California's financial statements, Nuveen California's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Nuveen California's ability to earn profits and add value for shareholders. As of December 13, 2024, Price To Sales Ratio is expected to decline to 17.41. In addition to that, Days Sales Outstanding is expected to decline to 64.74. At present, Nuveen California's Total Other Income Expense Net is projected to increase significantly based on the last few years of reporting. The current year's Net Income is expected to grow to about 5.4 M, whereas Operating Income is forecasted to decline to about 2.3 M.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.960.6092
Way Up
Pretty Stable
For Nuveen California profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nuveen California to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nuveen California Select utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nuveen California's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nuveen California Select over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Is Asset Management & Custody Banks 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 Nuveen California. If investors know Nuveen 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 Nuveen California listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
13.302
Earnings Share
0.85
Revenue Per Share
0.581
Quarterly Revenue Growth
0.016
Return On Assets
0.0239
The market value of Nuveen California Select is measured differently than its book value, which is the value of Nuveen that is recorded on the company's balance sheet. Investors also form their own opinion of Nuveen California's value that differs from its market value or its book value, called intrinsic value, which is Nuveen California'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 Nuveen California's market value can be influenced by many factors that don't directly affect Nuveen California'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 Nuveen California's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen California is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen California'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.

Nuveen California Select Revenue vs. Current Valuation Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Nuveen California's current stock value. Our valuation model uses many indicators to compare Nuveen California value to that of its competitors to determine the firm's financial worth.
Nuveen California Select is rated top company in current valuation category among its peers. It also is rated top company in revenue category among its peers totaling about  0.04  of Revenue per Current Valuation. The ratio of Current Valuation to Revenue for Nuveen California Select is roughly  22.28 . At present, Nuveen California's Total Revenue is projected to decrease significantly based on the last few years of reporting. 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 Nuveen California's earnings, one of the primary drivers of an investment's value.

Nuveen Current Valuation vs. Competition

Nuveen California Select is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Financials industry is now estimated at about 1.28 Billion. Nuveen California holds roughly 82.34 Million in current valuation claiming about 6% of equities under Financials industry.

Nuveen Revenue vs. Current Valuation

Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Nuveen California

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
82.34 M
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Nuveen California

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
3.7 M
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Nuveen Revenue vs Competition

Nuveen California Select is rated top company in revenue category among its peers. Market size based on revenue of Financials industry is now estimated at about 69.21 Million. Nuveen California holds roughly 3.7 Million in revenue claiming about 5% of equities under Financials industry.

Nuveen California Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Nuveen California, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nuveen California will eventually generate negative long term returns. The profitability progress is the general direction of Nuveen California's change in net profit over the period of time. It can combine multiple indicators of Nuveen California, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Operating Income2.3 M2.3 M
Net Income From Continuing Ops5.1 M5.4 M
Income Before Tax5.1 M2.8 M
Total Other Income Expense Net2.8 M2.9 M
Net Income Applicable To Common Shares4.2 M2.7 M
Net Income5.1 M5.4 M
Income Tax Expense3.4 M3.5 M
Net Interest Income3.7 M3.9 M
Interest Income3.7 M3.9 M
Net Income Per Share 0.80  0.92 

Nuveen Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Nuveen California. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Nuveen California position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Nuveen California's important profitability drivers and their relationship over time.

Use Nuveen California in pair-trading

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 Nuveen California 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 Nuveen California will appreciate offsetting losses from the drop in the long position's value.

Nuveen California Pair Trading

Nuveen California Select Pair Trading Analysis

The ability to find closely correlated positions to Nuveen California could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nuveen California 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 Nuveen California - 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 Nuveen California Select to buy it.
The correlation of Nuveen California 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 Nuveen California moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nuveen California Select 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 Nuveen California 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Nuveen California position

In addition to having Nuveen California in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Compulsion Thematic Idea Now

Compulsion
Compulsion Theme
Companies involved in research, development, and manufacturing of products with compulsion characteristics such as cigarettes, addictive drugs and alcohol. The Compulsion theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Compulsion Theme or any other thematic opportunities.
View All  Next Launch
When determining whether Nuveen California Select offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nuveen California's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nuveen California Select Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nuveen California Select Stock:
Check out Correlation Analysis.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
To fully project Nuveen California's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nuveen California Select at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Nuveen California's income statement, its balance sheet, and the statement of cash flows.
Potential Nuveen California investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Nuveen California investors may work on each financial statement separately, they are all related. The changes in Nuveen California's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Nuveen California's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.