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Nova LtdLSE Nova Stock Report

Last reporting period 30 Sep, 2024

Updated 29 Oct, 2024

Last price

Market cap $B

5.91

Middle

Exchange

XLON - London Stock Exchange

View Section: Eyestock Rating

Nova Fair Value

0Y

The fair market value of 0YAA.L stock is 677.36 ILS. Relative to the market price of 731 ILS Nova is overvalued by 7.4%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Overvalued 7.4%
677.36 ILS
0YAA.L Fair Value
731 ILS
Market price of 0YAA.L

Nova Valuation

Current 0YAA.L share ticker price is 731 ILS.

The fair value level of 677.36 ILS can be considered as an effective entry point for long-term investors to start investing in 0YAA.L stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 7% higher its fair value

Min value

Current price is 36% higher its minimum value

Max value

Current price is 32% lower its maximum value

14.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

0YAA.L stock is overvalued

It means the current price may concern as a Risky Entry Point

Nova Ltd Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

43.48

2

Median P/E over 5 years

30.49

3

Minimum P/E over 5 years

21.12

4

Earning per share (last 12 months)

5.91 USD

Maximum value

1

x

4

=

965.98 ILS

Fair value

2

x

4

=

677.36 ILS

Minimum value

3

x

4

=

469.13 ILS

Nova Ltd price metrics

40.31

Annual return (geometric mean)

43.64

Risk (standard deviation) of returns

β

2.15

Beta (volatility compared to market)

It means that 0YAA.L stock is more volatile than the broader market

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View Section: Profitability