0201 NOVA | Malaysia
NOVA WELLNESS GROUP BERHAD
RM 0.865 on: 2021-04-14
0% Past 1-day return
-1.14% Past 5-day return
Price/Valuation Analysis
Current Price Status
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Stock is Under Pressure
Market is pricing a weaker earning growth potential than the industry average.
Undervalued stock can be true bargain buy if the stock is believed to be only under pressured for a short-term weak earning growth. -
Company is in Positive Earning
Fair Value
- NOVA current price is 27.17% below OneDelta estimated fair value.
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The fair value is estimated via OneDelta proprietary model that updated daily basis based on stock fundamental and specific industry relative marco outlook. It can be assessed as stock potential upside range or the stock true value price in case of downside.
Relative Price Performance
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Underperformed
NOVA past 5-day return lagged behind the Pharmaceuticals industry average return by 0.42% -
Above 30-Day Average
Current price RM0.865 is above than 30-day average RM0.86 by 0.6%
| Return (%) | NOVA | Pharmaceuticals |
|---|---|---|
| 1-Day | 0% | +0.35% |
| 5-Day | -1.14% | -0.72% |
| 30-Day | +1.76% | +1.95% |
Bank Analyst Price Targets
Revenue & Earning Growth Analysis
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High Volatile Revenue Growth
NOVA experienced high unstable ups & downs on revenue growth for past 4 quarters with average 24% range on both sides.
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Potential Better Profit Growth
NOVA posted a better profit growth than average in the recent quarter.
Past Quarter Reports
| Quarter Date | Revenue (RM) | (%) | EPS (RM) | (%) |
|---|---|---|---|---|
| 2020-12-31 | 10,004k | +11% | 0.0128 | +51% |
| 2020-09-30 | 9,049k | -15% | 0.0085 | -45% |
| 2020-06-30 | 10,678k | +22% | 0.0154 | +79% |
| 2020-03-31 | 8,777k | -0% | 0.0086 | -23% |
| 2019-12-31 | 8,819k | +47% | 0.0112 | +90% |
Volume Trend Analysis
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Recent Volume is Decreasing
Decreasing trading volume tends to keep stock price range bound in near term.
Low Volume/Liquidity Stock
Only RM39k worth of stock was traded for this stock past month. Low liquidity stock is danger for price manipulation and more difficult to sell at market price.
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NOVA recent daily traded volume is -50% lower than past month average.
| Past 30-Day | Past 5-Day |
|---|---|
| 2k daily | 1k daily |
Financials
Price History Chart
Past 30-day Average Price: RM0.86
Stock Fundamental Factors
Fundamental factor characteristics help us understand and expect how the stock price will behave in short and long term.
Stock Thematic Baskets
Usually the more the stock is included in popular themes, the more opportunity for price-driven momentum and better liquidity.
Market News & Investor Opinions
Nova MSC unit appoints Topcon Healthcare as distributor of AI product
Nova attempting to move above resistance of 97 sen, says RHB Retail Research
Nova MSC active, rises as much as 22.73% following Singapore AI contract win
Nova MSC active, jumps 21% in early trade
Quick take: Nova MSC active, jumps 21% in early trade
Stock Company Profile
NOVA WELLNESS GROUP BERHAD
Nova Wellness Group Bhd. operates as an investment holding company. It operates through the business segments: House Brand Products, Contract Manufacturing and Services. The House-Brand Products segment refers to the development, production, and sales of nutraceutical and skincare products under house brands. The Contract Manufacturing and Services segment deals with the development and production of nutraceutical products for contract customers under their brand. The company was founded by Nyie Lin Phang on June 27, 2016 and is headquartered in Sungai Pelek, Malaysia.