OTCPK:NVNT

Stock Analysis Report

Novint Technologies

Executive Summary

Novint Technologies, Inc. engages in the development and sale of 3D haptics products and equipment in New Mexico.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has Novint Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: NVNT's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-22.5%

NVNT

-9.6%

US Tech

-7.4%

US Market


1 Year Return

1376.2%

NVNT

58.0%

US Tech

10.5%

US Market

Return vs Industry: NVNT exceeded the US Tech industry which returned 58% over the past year.

Return vs Market: NVNT exceeded the US Market which returned 10.5% over the past year.


Shareholder returns

NVNTIndustryMarket
7 Day-22.5%-9.6%-7.4%
30 Day82.4%-9.6%-3.6%
90 Day302.6%6.5%-0.6%
1 Year1376.2%1376.2%60.3%58.0%12.8%10.5%
3 Year1092.3%1092.3%104.6%90.7%37.4%28.6%
5 Year1966.7%1966.7%122.6%100.9%61.3%43.6%

Price Volatility Vs. Market

How volatile is Novint Technologies's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Novint Technologies undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Novint Technologies is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Novint Technologies has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of NVNT’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Novint Technologies regulatory filings here.
  • Explore potentially undervalued companies in the Tech industry.

Future Growth

How is Novint Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.8%

Forecasted Tech industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Novint Technologies has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

  • Take a look at our analysis of NVNT’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Novint Technologies's filings and announcements here.
  • Explore growth companies in the Tech industry.

Past Performance

How has Novint Technologies performed over the past 5 years?

0.8%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: NVNT is currently unprofitable.

Growing Profit Margin: NVNT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if NVNT's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare NVNT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NVNT is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (-3.2%).


Return on Equity

High ROE: NVNT's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Novint Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: NVNT has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: NVNT has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: NVNT is debt free.

Reducing Debt: NVNT's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: NVNT has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if NVNT's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: NVNT has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: NVNT has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 2.6% each year


Next Steps

Dividend

What is Novint Technologies's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.9%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate NVNT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate NVNT's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if NVNT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if NVNT's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of NVNT's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.5yrs

Average board tenure


CEO

Novint Technologies has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Orin Hirschman
President6.5yrsno datano data
Martin Chopp
Independent Director6.5yrsno datano data
Ryan Christoff
Independent Director8.8yrsno data5.51% $345.4k

6.5yrs

Average Tenure

50yo

Average Age

Experienced Board: NVNT's board of directors are considered experienced (6.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.1%.


Top Shareholders

Company Information

Novint Technologies, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Novint Technologies, Inc.
  • Ticker: NVNT
  • Exchange: OTCPK
  • Founded: 1999
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: US$6.272m
  • Shares outstanding: 202.31m
  • Website: https://www.novint.com

Location

  • Novint Technologies, Inc.
  • 100 Merrick Road
  • Suite 400W
  • Rockville Centre
  • New York
  • 11570
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NVNTOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJun 2006

Biography

Novint Technologies, Inc. engages in the development and sale of 3D haptics products and equipment in New Mexico. It offers Novint Falcon, a game controller, which enables user to experience video games and other computer applications using a realistic and detailed sense of touch. Novint Technologies, Inc. was incorporated in 1999 and is based in Rockville Centre, New York. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/26 00:31
End of Day Share Price2020/02/25 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.