Skip to Content

Novus Acquisition & Development Corp NDEV

Morningstar Rating
$0.02 0.00 (5.56%)
View Full Chart
Unlock our analysis with Morningstar Investor

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

NDEV is trading at a 36% discount.
Price
$0.02
Fair Value
$8.78
Uncertainty
Extreme
1-Star Price
$9.92
5-Star Price
$5.20
Economic Moat
Kxnn
Capital Allocation
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if NDEV is a good fit for your portfolio.

Trading Information

Previous Close Price
$0.02
Day Range
$0.020.02
52-Week Range
$0.010.03
Bid/Ask
$0.00 / $0.02
Market Cap
$1.83 Mil
Volume/Avg
32,000 / 17,332

Key Statistics

Price/Earnings (Normalized)
Price/Sales
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Novus Acquisition & Development Corp is a holding company operating through its subsidiaries. It offers health, life, and annuity insurance products and services. The company initiated its health insurance business model within the medical marijuana space, where it can render risk and non-risk insurance models. It operates throughout the United States.
Sector
Financial Services
Industry
Insurance - Diversified
Stock Style Box
Total Number of Employees

Valuation

Metric
NDEV
Price/Earnings (Normalized)
Price/Book Value
1.13
Price/Sales
Price/Cash Flow
Price/Earnings
No chart available

Financial Strength

Metric
NDEV
Quick Ratio
1.28
Current Ratio
1.28
Interest Coverage
Quick Ratio
NDEV

Profitability

Metric
NDEV
Return on Assets (Normalized)
Return on Equity (Normalized)
Return on Invested Capital (Normalized)
Return on Assets
No chart available
See how this stock stacks up to its competitors with Morningstar Investor

Insurance - Diversified Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
BRK.A
Berkshire Hathaway Inc Class APcrfhrjsrCqsg$883.9 Bil
BRK.B
Berkshire Hathaway Inc Class BPbmsmdtgWzv$883.9 Bil
ALIZY
Allianz SE ADRDpbtzrssWzvj$111.3 Bil
AXAHY
AXA SA ADRMtrkbykhCxpq$81.5 Bil
ZURVY
Zurich Insurance Group AG ADRMjlxcpkvwPwqtrp$70.0 Bil
AIG
American International Group IncFbrlcmnmTtf$49.2 Bil
SLF
Sun Life Financial IncWjpvrvtrfXcb$30.0 Bil
AVVIY
Aviva PLC ADRTrtbpsgljMtxgb$15.7 Bil
AEG
Aegon Ltd ADRJtqlpnrypMyb$10.4 Bil
AGESY
Ageas SA/ NV ADRGtglPfwf$8.6 Bil

Sponsor Center