NBF Fundamental Research Investment Analysis, Nova Biosource Fuels, Inc.

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Nova Biosource Fuels, Incorporated (NBF)

The Razor's Edge

2-Year Price History

Recent Price
(1/7/2009)
$0.12
52-Week Price
$0.08 - $2.25
Market Capitalization
$13.2 Million
Dividend Yield
0.00%
Most Recent Dividend
$0.00

About Nova Biosource Fuels, Inc.

Nova Biosource Fuels, Incorporated is considered to operate in the Basic Materials sector. They specifically operate in the Oil & Gas Refining/Marketing business segment contained within the Energy industry.

An energy company that refines and markets biodiesel meeting or exceeding the quality standards published by the American Society of Testing and Materials-ASTM D6751.

A Word Of Caution

Stocks trading for less than $1 are loosely termed "penny" stocks. Nova Biosource Fuels, Incorporated (NBF) is selling for less than $1 per share. While, we stand by our ratings methodology for long term value investors, often times "penny" stocks will be more volatile. Because many "penny" stocks are lightly traded their stock price can fluctuate because of a single large trade. Also, there is generally less analyst coverage of such "penny" stocks and thus less information from which to base our rating.

Therefore, (and as always), check additional sources and available information regarding Nova Biosource Fuels, Inc. before making an investment decision.

Ockham's Rating

Rating Specific Information Withheld Premium Access Only

NBF Revenue

There is not enough fundamental data available to properly evaluate this company at this time.

NBF Cash Earnings

Price to Cash Earnings analysis is inappropriate for this company due to an insufficient positive cash earnings history. Rather than calculating a potentially misleading Price to Cash Earnings analysis, we have chosen to give NBF a neutral Price to Cash Earnings outlook at this time. However, we should point out that this metric is a significant element in Ockham’s methodology to analyzing the outlook for any company. Therefore, for NBF, our assessment is now more dependent on the Price to Sales analysis, and investors should be cautious with a company with very limited, if any, positive cash earnings.

NBF Dividends

A strong dividend payment history is looked upon as a favorable characteristic on a company’s future and potentially can receive a positive Ockham rating. That being said, we don't require dividend payments for company's whose management has elected to forgo them entirely. NBF is not paying a dividend at this time, nor do they have a history of paying a dividend for the last 10 years plus. Therefore, we are not utilizing the dividends portion in our study. If NBF initiates paying a dividend, we will begin to factor this into the Ockham approach.

Peer Comparison

:

Nova Biosource Fuels, Inc. Industry Grouping

(1/7/2009)
Company Ticker Market Cap (Ml) Latest
Price
Price/Cash Earnings Price/Sales 5-Yr. Rev.
Growth Rate
5-Yr.
Avg. ROE.
Current 10-Yr. Range* Current 10-Yr. Range*
Peer Company Averages (not incuding NBF) 13.86 15.22 » 196.76 1.09 4.11 » 60.81 32.58% 13.98%
*10 year range does not include current year values
NXT Energy Solutions, Inc. NSFDF $16.1 Million $0.53 57.00 52.50 » 589.00 3.35 19.75 » 266.67 58.98% 3.60%
Nova Biosource Fuels, Inc. NBF $13.2 Million $0.12 -1.00 -1.00 » -1.00 0.00 0.00 » 0.00 n/a -1.07%
Pinnacle Gas Resources, Inc. PINN $12.6 Million $0.43 1.40 17.75 » 43.75 0.00 0.00 » 0.00 n/a 0.72%
Basic Earth Science BSIC $11.4 Million $0.65 2.82 1.33 » 21.06 1.07 0.44 » 27.74 23.56% 24.06%
Caspian International Oil Corp. CIOC $9.4 Million $0.15 5.00 2.33 » 17.00 0.00 0.00 » 0.00 n/a 17.58%
Texas Vanguard Oil Company TVOC $9.0 Million $6.35 3.10 2.18 » 313.00 1.03 0.34 » 9.63 15.19% 23.92%
Ockham's Rating: NotSet
Current
Rating on:
NBF
SNAP

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Key Fundamentals

NBF - Nova Biosource Fuels, Incorporated Fundamentals
Price (1/7/2009) $0.12
Volume (1/7/2009) 791,200
10 Day Average Volume 709,800
13 Week Price Range $0.08 - $0.29
52 Week Price Range $0.08 - $2.25
LTM Revenue $39.7 Million
 
Shares Outstanding (10/2007) 110.0 Million
Market Capitalization $13.2 Million
Shares Held By Institutions 34.4 Million
Insitutional Holders 35
% Shares Held By Institutions 31.20%
Earnings Per Share (EPS) ($0.18)
P/E Ratio n/a
Book Value Per Share $0.31
 
Gross Margin -0.50%
Quarterly Dividend 0.00
Dividend Yield 0.00%
Beta 2.11
Fiscal Year Ends October