New Wave Holdings Stock Net Asset
TRMNFDelisted Stock | USD 0.01 0.00 0.00% |
Fundamental analysis of New Wave allows traders to better anticipate movements in New Wave's stock price by examining its financial health and performance throughout various phases of its business cycle.
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New Wave Holdings Company Net Asset Analysis
New Wave's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current New Wave Net Asset | 3.16 M |
Most of New Wave's fundamental indicators, such as Net 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, New Wave Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
CompetitionBased on the recorded statements, New Wave Holdings has a Net Asset of 3.16 M. This is much higher than that of the Communication Services sector and significantly higher than that of the Entertainment industry. The net asset for all United States stocks is notably lower than that of the firm.
New Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses New Wave's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of New Wave could also be used in its relative valuation, which is a method of valuing New Wave by comparing valuation metrics of similar companies.New Wave is currently under evaluation in net asset category among its peers.
New Fundamentals
Return On Equity | -3.16 | |||
Return On Asset | -1.31 | |||
Operating Margin | 1.34 % | |||
Current Valuation | (519.75 K) | |||
Shares Outstanding | 30.64 M | |||
Shares Owned By Insiders | 14.94 % | |||
Price To Earning | 4.12 X | |||
Price To Book | 0.43 X | |||
Price To Sales | 228.78 X | |||
Gross Profit | (4.33 M) | |||
EBITDA | (6.43 M) | |||
Net Income | (6.46 M) | |||
Cash And Equivalents | 2.46 M | |||
Cash Per Share | 0.08 X | |||
Total Debt | 351.28 K | |||
Debt To Equity | 0.16 % | |||
Current Ratio | 4.31 X | |||
Book Value Per Share | 0.06 X | |||
Cash Flow From Operations | (2.35 M) | |||
Earnings Per Share | (0.57) X | |||
Number Of Employees | 20 | |||
Beta | 3.14 | |||
Market Capitalization | 658.8 K | |||
Total Asset | 3.16 M | |||
Retained Earnings | (4.72 M) | |||
Working Capital | (611 K) | |||
Current Asset | 71 K | |||
Current Liabilities | 682 K | |||
Z Score | -7.4 | |||
Net Asset | 3.16 M |
About New Wave Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze New Wave Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New Wave using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New Wave Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Currently Active Assets on Macroaxis
Check out World Market Map 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 board of governors. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Other Consideration for investing in New Pink Sheet
If you are still planning to invest in New Wave Holdings 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 New Wave's history and understand the potential risks before investing.
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