Nova Royalty Corp Valuation
| NOVRFDelisted Stock | USD 1.23 0.01 0.81% |
Today, the firm appears to be overvalued. Nova Royalty Corp secures a last-minute Real Value of $1.04 per share. The latest price of the firm is $1.23. Our model forecasts the value of Nova Royalty Corp from analyzing the firm fundamentals such as Operating Margin of (3.71) %, return on equity of -0.14, and Shares Outstanding of 85.33 M as well as examining its technical indicators and probability of bankruptcy. . In general, most investors recommend locking in undervalued stocks and disposing overvalued stocks since, at some point, asset prices and their ongoing real values will merge together.
Overvalued
Today
Please note that Nova Royalty's price fluctuation is very steady at this time. Calculation of the real value of Nova Royalty Corp is based on 3 months time horizon. Increasing Nova Royalty's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Nova otc stock is determined by what a typical buyer is willing to pay for full or partial control of Nova Royalty Corp. Since Nova Royalty is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nova OTC Stock. However, Nova Royalty's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 1.23 | Real 1.04 | Hype 1.23 | Naive 1.16 |
The real value of Nova OTC Stock, also known as its intrinsic value, is the underlying worth of Nova Royalty Corp OTC Stock, which is reflected in its stock price. It is based on Nova Royalty's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Nova Royalty's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of Nova Royalty Corp helps investors to forecast how Nova otc stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Nova Royalty more accurately as focusing exclusively on Nova Royalty's fundamentals will not take into account other important factors: Nova Royalty Total Value Analysis
Nova Royalty Corp is now projected to have takeover price of 109.26 M with market capitalization of 98.12 M, debt of 4.9 M, and cash on hands of 936.58 K. Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Nova Royalty fundamentals before making investing decisions based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
109.26 M | 98.12 M | 4.9 M | 936.58 K |
Nova Royalty Investor Information
About 21.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.85. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Nova Royalty Corp recorded a loss per share of 0.1. The entity had not issued any dividends in recent years. Based on the key measurements obtained from Nova Royalty's financial statements, Nova Royalty Corp is not in a good financial situation at the moment. It has a very high risk of going through financial straits in January.Nova Royalty Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Nova Royalty has an asset utilization ratio of 0.82 percent. This implies that the OTC Stock is making $0.008192 for each dollar of assets. An increasing asset utilization means that Nova Royalty Corp is more efficient with each dollar of assets it utilizes for everyday operations.Nova Royalty Ownership Allocation
Nova Royalty Corp maintains a total of 85.33 Million outstanding shares. Nova Royalty Corp holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.Nova Royalty Profitability Analysis
The company reported the revenue of 703.04 K. Net Loss for the year was (9.42 M) with profit before overhead, payroll, taxes, and interest of 703.04 K.Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Nova Royalty's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Nova Royalty and how it compares across the competition.
About Nova Royalty Valuation
The otc valuation mechanism determines Nova Royalty's current worth on a weekly basis. Our valuation model uses a comparative analysis of Nova Royalty. We calculate exposure to Nova Royalty's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Nova Royalty's related companies.Nova Royalty Corp., a royalty and streaming company, focuses on the acquisition and management of royalties on the copper and nickel deposits. The company was incorporated in 2018 and is headquartered in Vancouver, Canada. NOVA ROYALTY operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 3 people.
8 Steps to conduct Nova Royalty's Valuation Analysis
OTC Stock's valuation is the process of determining the worth of any otc stock in monetary terms. It estimates Nova Royalty's potential worth based on factors such as financial performance, market conditions, growth prospects, and overall economic environment. The result of otc stock valuation is a single number representing a OTC Stock's current market value. This value can be used as a benchmark for various financial transactions such as mergers and acquisitions, initial public offerings (IPOs), or private equity investments. To conduct Nova Royalty's valuation analysis, follow these 8 steps:- Gather financial information: Obtain Nova Royalty's financial statements, including balance sheets, income statements, and cash flow statements.
- Determine Nova Royalty's revenue streams: Identify Nova Royalty's primary sources of revenue, including products or services offered, target markets, and pricing strategies.
- Analyze market data: Research Nova Royalty's industry and market trends, including the size of the market, growth rate, and competition.
- Establish Nova Royalty's growth potential: Evaluate Nova Royalty's management, business model, and growth potential.
- Determine Nova Royalty's financial performance: Analyze its financial statements to assess its historical performance and future potential.
- Choose a valuation method: Consider the OTC Stock's specific circumstances and choose an appropriate valuation method, such as the discounted cash flow (DCF) or comparable analysis method.
- Calculate the value: Apply the chosen valuation method to the financial information and market data to calculate Nova Royalty's estimated value.
- Review and adjust: Review the results and make necessary adjustments, considering any relevant factors that may have been missed or overlooked.
Nova Royalty Growth Indicators
Investing in growth stocks can be very risky. If the company such as Nova Royalty does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 84.2 M | |
| Retained Earnings | -13.9 M |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Other Consideration for investing in Nova OTC Stock
If you are still planning to invest in Nova Royalty Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nova Royalty's history and understand the potential risks before investing.
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