Nuvve Holding Corp.
Find Ratings ReportsNUVVE HOLDING CORP's gross profit margin for the third quarter of its fiscal year 2023 has significantly decreased when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line. NUVVE HOLDING CORP has weak liquidity. Currently, the Quick Ratio is 0.95 which shows a lack of ability to cover short-term cash needs. The company's liquidity has decreased from the same period last year.
At the same time, stockholders' equity ("net worth") has significantly decreased by 58.35% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the future.
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Income Statement | Q3 FY23 | Q3 FY22 |
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Net Sales ($mil) | 2.71 | 0.55 |
EBITDA ($mil) | -7.89 | -8.72 |
EBIT ($mil) | -7.96 | -8.8 |
Net Income ($mil) | -8.34 | -6.49 |
Balance Sheet | Q3 FY23 | Q3 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 14.35 | 22.12 |
Total Assets ($mil) | 34.46 | 47.2 |
Total Debt ($mil) | 5.62 | 5.95 |
Equity ($mil) | 15.47 | 37.15 |
Profitability | Q3 FY23 | Q3 FY22 |
---|---|---|
Gross Profit Margin | 14.05 | 64.8 |
EBITDA Margin | -291.07 | -1574.18 |
Operating Margin | -293.66 | -1588.81 |
Sales Turnover | 0.23 | 0.12 |
Return on Assets | -91.77 | -52.88 |
Return on Equity | -210.46 | -69.63 |
Debt | Q3 FY23 | Q3 FY22 |
---|---|---|
Current Ratio | 1.48 | 5.47 |
Debt/Capital | 0.27 | 0.14 |
Interest Expense | 0.0 | 0.0 |
Interest Coverage | 0.0 | 0.0 |
Share Data | Q3 FY23 | Q3 FY22 |
---|---|---|
Shares outstanding (mil) | 0.81 | 0.57 |
Div / share | 0.0 | 0.0 |
EPS | -10.8 | -12.4 |
Book value / share | 19.03 | 64.89 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 2655130.0 | 3659482.0 |
SELL. This stock’s P/E ratio is negative, making its value useless in the assessment of premium or discount valuation, only displaying that the company has negative earnings per share. For additional comparison, its price-to-book ratio of 0.04 indicates a significant discount versus the S&P 500 average of 4.68 and a significant discount versus the subsector average of 4.14. The price-to-sales ratio is well below both the S&P 500 average and the subsector average, indicating a discount. After reviewing these and other key valuation criteria, NUVVE HOLDING CORP proves to trade at a discount to investment alternatives.
Price/Earnings |
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Price/Cash Flow |
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NVVE NM | Peers 25.76 | NVVE NM | Peers 21.85 | |||||||||||||||||||||
Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings. NVVE's P/E is negative making this valuation measure meaningless. |
Neutral. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. NVVE's P/CF is negative making the measure meaningless. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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NVVE NA | Peers 20.81 | NVVE NA | Peers 2.83 | |||||||||||||||||||||
Neutral. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth potential. Ratio not available. |
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. Ratio not available. |
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Price/Book |
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Earnings Growth |
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NVVE 0.04 | Peers 4.14 | NVVE 8.28 | Peers -22.53 | |||||||||||||||||||||
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. NVVE is trading at a significant discount to its peers. |
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. NVVE is expected to have an earnings growth rate that significantly exceeds its peers. |
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Price/Sales |
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Sales Growth |
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NVVE 0.08 | Peers 3.10 | NVVE 43.06 | Peers 28.53 | |||||||||||||||||||||
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. NVVE is trading at a significant discount to its subsector on this measurement. |
Higher. A sales growth rate that exceeds the subsector implies that a company is gaining market share. NVVE has a sales growth rate that significantly exceeds its peers. |
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