Nn Stock Fair Value – NN Experiences 47.58% Drop in 2023, Is it a Better Buy Than Others?
March 14, 2023
Trending News ☀️
NN ($NASDAQ:NNBR) Inc., a publicly traded company, has recently seen a 47.58% drop in its share price in 2023. With over 0.49 million shares being traded in the last trading session, and a beta value of 2.82, many investors are asking if NN Inc. is still a good buy. Given the steep decline in share price, it is understandable that investors may be skeptical of investing in NN Inc.
However, it is important to look at all aspects of the company before making an investment decision. Analyzing the company’s financials, the strength of their management team, and any potential growth opportunities can help provide insight on whether or not NN Inc. is a good buy. Evaluating factors such as financial health, market share, and future prospects can give investors a better idea of which company is the better buy. Doing thorough research, comparing NN Inc. to its competitors, and understanding the risks involved can help investors make an informed and wise investment decision.
Market Price
NN Inc. has experienced a 47.58% drop in its stock prices in 2023 and the news coverage of the company has been mostly negative. On Monday, NN stock opened at $1.4 and closed at $1.4, down by 3.5% from prior closing price of 1.4. Analysts are closely monitoring NN’s stock movements and have yet to make any definitive conclusions.
With so much uncertainty surrounding the company’s future, investors will be carefully weighing their options before deciding to invest in NN. Only time will tell if this is a wise investment decision or not. nnbr”>Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Nn. nnbr”>More…
| Total Revenues | Net Income | Net Margin |
| 498.74 | -26.1 | -5.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Nn. nnbr”>More…
| Operations | Investing | Financing |
| 7.72 | -17.49 | -5.19 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Nn. nnbr”>More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 546.13 | 295.16 | 5.85 |
Key Ratios Snapshot
Some of the financial key ratios for Nn are shown below. nnbr”>More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -16.2% | -47.9% | -3.2% |
| FCF Margin | ROE | ROA |
| -2.1% | -3.9% | -1.8% |
Analysis – Nn Stock Fair Value
At GoodWhale, we have conducted an analysis of NN’s financials and come to the conclusion that its fair value is around $4.7. This figure is determined by our proprietary Valuation Line, which takes into account multiple factors such as its earnings, cash flow, and market capitalization. Currently, NN’s stock is trading at $1.4, which is significantly lower than our estimated fair value. This results in a 70.4% undervaluation of the company, providing a great opportunity for investors to capitalize on this discrepancy. nnbr”>More…
Peers
NN Inc is a leading manufacturer of hydraulic cylinders and other hydraulic components. The company has a strong presence in the global market and is competing with a number of other companies, including E&R Engineering Corp, Jiangsu Hengli Hydraulic Co Ltd, and KAP AG.
– E&R Engineering Corp ($TPEX:8027)
E&R Engineering Corp is a publicly traded engineering firm with a market capitalization of $5.19 billion as of 2022. The company has a return on equity of 12.56%. E&R Engineering provides engineering and consulting services to the energy, transportation, and construction industries. The company was founded in 1968 and is headquartered in Houston, Texas.
– Jiangsu Hengli Hydraulic Co Ltd ($SHSE:601100)
Jiangsu Hengli Hydraulic Co., Ltd. is a leading manufacturer of hydraulic components and systems in China. The company has a market cap of 65.41 billion and a return on equity of 17.4%. Hengli Hydraulic is a leading provider of hydraulic components and systems for a wide range of applications, including construction, mining, agriculture, forestry, and marine. The company’s products are used in a variety of industries, including construction, mining, agriculture, forestry, and marine. Hengli Hydraulic has a strong research and development capability and is committed to providing innovative products and solutions to meet the needs of its customers.
– KAP AG ($LTS:0EWJ)
SAP AG is a German multinational software corporation that makes enterprise software to manage business operations and customer relations. The company has a market cap of 117.68M and a ROE of 13.64%. SAP is headquartered in Walldorf, Baden-Württemberg, with regional offices in 130 countries. The company offers a wide range of enterprise software solutions, including customer relationship management (CRM), enterprise resource planning (ERP), product lifecycle management (PLM), and supplier relationship management (SRM) applications.
Summary
Investors are highly concerned with the recent news coverage of NN Inc., as the company has reported a 47.58% decline in 2023, compared to the previous year. This has caused the stock price to take a hit, leading many to consider whether it is still a viable investment opportunity. Analysts recommend that investors carefully consider all aspects of the company, including its current financial performance and potential future prospects, before making any decisions.
It is also important to be aware of any potential external factors that could affect the company’s performance going forward. Ultimately, investors should conduct their own thorough analysis and research before making any investment decisions.
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