Newcourt Acquisition Corp Stock Fundamentals
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Newcourt Acquisition's long-term financial health and intrinsic value.
Newcourt |
Newcourt Acquisition Corp Company Return On Asset Analysis
Newcourt Acquisition's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Newcourt Acquisition Return On Asset | -0.0109 |
Most of Newcourt Acquisition's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Newcourt Acquisition Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
CompetitionBased on the latest financial disclosure, Newcourt Acquisition Corp has a Return On Asset of -0.0109. This is 97.68% lower than that of the Capital Markets sector and significantly lower than that of the Financials industry. The return on asset for all United States stocks is 92.21% lower than that of the firm.
Newcourt Acquisition Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Newcourt Acquisition's current stock value. Our valuation model uses many indicators to compare Newcourt Acquisition value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Newcourt Acquisition competition to find correlations between indicators driving Newcourt Acquisition's intrinsic value. More Info.Newcourt Acquisition Corp is considered to be number one stock in return on asset category among its peers. It is regarded fourth in current valuation category among its peers . 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 Newcourt Acquisition's earnings, one of the primary drivers of an investment's value.Newcourt Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Newcourt Acquisition's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Newcourt Acquisition could also be used in its relative valuation, which is a method of valuing Newcourt Acquisition by comparing valuation metrics of similar companies.Newcourt Acquisition is currently under evaluation in return on asset category among its peers.
Newcourt Fundamentals
| Return On Asset | -0.0109 | |||
| Current Valuation | 43.61 M | |||
| Shares Outstanding | 8.79 M | |||
| Shares Owned By Insiders | 94.86 % | |||
| Shares Owned By Institutions | 15.82 % | |||
| Number Of Shares Shorted | 7.78 K | |||
| Price To Book | 0.40 X | |||
| EBITDA | (7.05 M) | |||
| Net Income | 1.52 M | |||
| Cash And Equivalents | 306.88 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 90.09 K | |||
| Current Ratio | 3.05 X | |||
| Book Value Per Share | (1.83) X | |||
| Cash Flow From Operations | (1.14 M) | |||
| Short Ratio | 9.75 X | |||
| Earnings Per Share | 0.13 X | |||
| Beta | -0.058 | |||
| Market Capitalization | 42.09 M | |||
| Total Asset | 258.93 M | |||
| Retained Earnings | (13.9 M) | |||
| Working Capital | (13.07 M) | |||
| Net Asset | 258.93 M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the AI Portfolio Prophet module to use AI to generate optimal portfolios and find profitable investment opportunities.
Other Consideration for investing in Newcourt Stock
If you are still planning to invest in Newcourt Acquisition 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 Newcourt Acquisition's history and understand the potential risks before investing.
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |