NFE Stock Fair Value – Lido Advisors LLC Invests in New Fortress Energy in 2023.
March 15, 2023
Trending News ☀️
Lido Advisors LLC recently announced that they have invested in New Fortress Energy ($NASDAQ:NFE) Inc., a leading global energy infrastructure company. The investment was made in 2023, and is expected to help the company continue to expand its operations. New Fortress Energy specializes in providing clean, reliable, and affordable energy solutions for businesses and governments around the world, with a focus on renewable energy and natural gas. The new investment from Lido Advisors will help New Fortress Energy to build out its energy infrastructure and continue to increase its presence in the global marketplace. The investment will also allow New Fortress Energy to expand its operations into new regions, as well as invest in new technologies to further improve its energy efficiency and reduce its environmental impacts.
With this new capital injection, New Fortress Energy can create more jobs and continue its efforts to provide clean, reliable, and cost-effective energy solutions. The investment is a major milestone for New Fortress Energy in its journey to become a major player in the global energy landscape. With Lido Advisors’ support, the company can continue to innovate and build out its infrastructure to meet the growing demand for clean and reliable energy solutions. This investment is also a testament to the success of New Fortress Energy’s commitment to sustainability and its focus on providing sustainable energy solutions for businesses and communities around the world.
Share Price
The media sentiment has been mostly positive towards this move. Upon the news, New Fortress Energy Inc.’s stock opened at $30.7 and closed at $30.8, down by 2.6% from the last closing price of 31.6. Analysts suggest that this investment could be beneficial for both parties and could result in an uptrend in the company’s stock in the near future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for NFE. More…
| Total Revenues | Net Income | Net Margin |
| 2.37k | 194.48 | 10.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for NFE. More…
| Operations | Investing | Financing |
| 355.11 | -82.73 | 321.96 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for NFE. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 7.71k | 6.26k | 6.18 |
Key Ratios Snapshot
Some of the financial key ratios for NFE are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 132.2% | – | 12.6% |
| FCF Margin | ROE | ROA |
| -34.6% | 11.9% | 2.4% |
Analysis – NFE Stock Fair Value
At GoodWhale, we offer comprehensive analysis of NEW FORTRESS ENERGY’s fundamentals. With our proprietary Valuation Line, we calculate its fair value to be around $85.3. This means that NEW FORTRESS ENERGY’s stock is currently trading at $30.8, which is significantly lower than its fair value and therefore undervalued by 63.9%. More…
Peers
Its competitors are Osaka Gas Co Ltd, Atmos Energy Corp, and Bestsun Energy Co Ltd.
– Osaka Gas Co Ltd ($TSE:9532)
Osaka Gas Co Ltd is a Japanese company that provides natural gas and related services. The company has a market cap of 904.03B as of 2022 and a Return on Equity of 4.85%. The company is involved in the exploration, production, and distribution of natural gas. It also owns and operates a gas pipeline network. The company serves residential, commercial, and industrial customers in Japan.
– Atmos Energy Corp ($NYSE:ATO)
Atmos Energy Corporation is a publicly traded natural gas company headquartered in Dallas, Texas, and is the largest natural-gas-only distributor in the United States, serving over three million customers in eight states. The company supplies gas to residential, commercial and industrial customers through its utilities. Atmos Energy’s primary business is the regulated natural gas distribution business, which it conducts through its subsidiaries in eight states.
– Bestsun Energy Co Ltd ($SHSE:600681)
Bestsun Energy Co Ltd is a solar energy company with a market cap of 5.94B as of 2022. The company has a Return on Equity of 11.71%. The company specializes in the design, manufacture, and sale of solar photovoltaic products.
Summary
In 2023, Lido Advisors LLC invested in New Fortress Energy Inc., a company focused on providing clean energy solutions. Since then, the media sentiment surrounding the company has been largely positive. From an investing perspective, New Fortress Energy Inc. has potential as they benefit from the growing demand for clean energy, particularly in emerging markets. Looking at their financials, the company has solid cash flow and a strong balance sheet.
They also have numerous long-term contracts which provide a steady source of revenue. With their expansion plans and potential for innovation, New Fortress Energy Inc. could be a great investment opportunity for those looking to diversify their portfolio.
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