Nine Market Cap from 2010 to 2024
NINE Stock | USD 1.00 0.18 21.95% |
Market Cap | First Reported 2010-12-31 | Previous Quarter 89.2 M | Current Value 84.7 M | Quarterly Volatility 200.6 M |
Check Nine Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nine Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 54.2 M, Interest Expense of 29.1 M or Selling General Administrative of 60.1 M, as well as many indicators such as Price To Sales Ratio of 0.14, Dividend Yield of 0.0032 or Days Sales Outstanding of 66.33. Nine financial statements analysis is a perfect complement when working with Nine Energy Valuation or Volatility modules.
Nine | Market Cap |
Latest Nine Energy's Market Cap Growth Pattern
Below is the plot of the Market Cap of Nine Energy Service over the last few years. It is Nine Energy's Market Cap historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nine Energy's overall financial position and show how it may be relating to other accounts over time.
Market Cap | 10 Years Trend |
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Market Cap |
Timeline |
Nine Market Cap Regression Statistics
Arithmetic Mean | 430,996,513 | |
Geometric Mean | 353,010,633 | |
Coefficient Of Variation | 46.55 | |
Mean Deviation | 165,327,701 | |
Median | 560,960,958 | |
Standard Deviation | 200,616,907 | |
Sample Variance | 40247.1T | |
Range | 524.2M | |
R-Value | (0.74) | |
Mean Square Error | 19671.9T | |
R-Squared | 0.55 | |
Significance | 0 | |
Slope | (33,151,481) | |
Total Sum of Squares | 563460T |
Nine Market Cap History
About Nine Energy Financial Statements
Nine Energy stakeholders use historical fundamental indicators, such as Nine Energy's Market Cap, to determine how well the company is positioned to perform in the future. Although Nine Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Nine Energy's assets and liabilities are reflected in the revenues and expenses on Nine Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Nine Energy Service. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Market Cap | 89.2 M | 84.7 M |
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Check out the analysis of Nine Energy Correlation against competitors. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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 (1.64) | Revenue Per Share 16.345 | Quarterly Revenue Growth (0.18) | Return On Assets 0.0074 | 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.