FISCALNOTE HOLDINGS INC (NOTE) Fundamental Analysis & Valuation

NYSE:NOTE • US3376553026

Current stock price

0.9921 USD
+0.01 (+0.54%)
At close:
1.0199 USD
+0.03 (+2.8%)
Pre-Market:

This NOTE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

1

1. NOTE Profitability Analysis

1.1 Basic Checks

  • NOTE had negative earnings in the past year.
  • NOTE had a negative operating cash flow in the past year.
  • In the past 5 years NOTE reported 4 times negative net income.
  • In the past 5 years NOTE always reported negative operating cash flow.
NOTE Yearly Net Income VS EBIT VS OCF VS FCFNOTE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2020 2021 2022 2023 2024 0 -100M -200M -300M

1.2 Ratios

  • With a Return On Assets value of -20.36%, NOTE is not doing good in the industry: 81.61% of the companies in the same industry are doing better.
  • NOTE has a worse Return On Equity (-73.85%) than 85.06% of its industry peers.
Industry RankSector Rank
ROA -20.36%
ROE -73.85%
ROIC N/A
ROA(3y)-28.25%
ROA(5y)-39.12%
ROE(3y)-141.72%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
NOTE Yearly ROA, ROE, ROICNOTE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2020 2021 2022 2023 2024 0 500 -500 -1K

1.3 Margins

  • NOTE has a Gross Margin of 87.25%. This is amongst the best in the industry. NOTE outperforms 96.55% of its industry peers.
  • NOTE's Gross Margin has improved in the last couple of years.
  • NOTE does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 87.25%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.09%
GM growth 5YN/A
NOTE Yearly Profit, Operating, Gross MarginsNOTE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2020 2021 2022 2023 2024 0 -100 -200 -300

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ROAROEROICOperating and Profit MarginShow most profitable peers

1

2. NOTE Health Analysis

2.1 Basic Checks

  • NOTE does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • NOTE has more shares outstanding than it did 1 year ago.
  • The debt/assets ratio for NOTE has been reduced compared to a year ago.
NOTE Yearly Shares OutstandingNOTE Yearly Shares OutstandingYearly Shares Outstanding 2020 2021 2022 2023 2024 5M 10M 15M 20M
NOTE Yearly Total Debt VS Total AssetsNOTE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2020 2021 2022 2023 2024 100M 200M 300M 400M

2.2 Solvency

  • NOTE has an Altman-Z score of -4.36. This is a bad value and indicates that NOTE is not financially healthy and even has some risk of bankruptcy.
  • NOTE has a worse Altman-Z score (-4.36) than 87.36% of its industry peers.
  • A Debt/Equity ratio of 1.66 is on the high side and indicates that NOTE has dependencies on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 1.66, NOTE is doing worse than 79.31% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.66
Debt/FCF N/A
Altman-Z -4.36
ROIC/WACCN/A
WACC7.04%
NOTE Yearly LT Debt VS Equity VS FCFNOTE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2020 2021 2022 2023 2024 0 100M 200M 300M

2.3 Liquidity

  • NOTE has a Current Ratio of 1.01. This is a normal value and indicates that NOTE is financially healthy and should not expect problems in meeting its short term obligations.
  • NOTE's Current ratio of 1.01 is on the low side compared to the rest of the industry. NOTE is outperformed by 77.01% of its industry peers.
  • NOTE has a Quick Ratio of 1.01. This is a normal value and indicates that NOTE is financially healthy and should not expect problems in meeting its short term obligations.
  • The Quick ratio of NOTE (1.01) is worse than 77.01% of its industry peers.
Industry RankSector Rank
Current Ratio 1.01
Quick Ratio 1.01
NOTE Yearly Current Assets VS Current LiabilitesNOTE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2020 2021 2022 2023 2024 20M 40M 60M 80M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

1

3. NOTE Growth Analysis

3.1 Past

  • The earnings per share for NOTE have decreased strongly by -43.40% in the last year.
  • NOTE shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -17.90%.
  • NOTE shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.20% yearly.
EPS 1Y (TTM)-43.4%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-31.06%
Revenue 1Y (TTM)-17.9%
Revenue growth 3Y13.2%
Revenue growth 5YN/A
Sales Q2Q%-23.81%

3.2 Future

  • NOTE is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -83.07% yearly.
  • Based on estimates for the next years, NOTE will show a decrease in Revenue. The Revenue will decrease by -5.91% on average per year.
EPS Next Y-696.13%
EPS Next 2Y-83.07%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-20.13%
Revenue Next 2Y-11.57%
Revenue Next 3Y-5.91%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
NOTE Yearly Revenue VS EstimatesNOTE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 20M 40M 60M 80M 100M
NOTE Yearly EPS VS EstimatesNOTE Yearly EPS VS EstimatesYearly EPS VS Estimates 2022 2023 2024 2025 2026 0 -5 -10 -15 -20

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0

4. NOTE Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for NOTE. In the last year negative earnings were reported.
  • Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for NOTE. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
NOTE Price Earnings VS Forward Price EarningsNOTE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 5 10 15 20 25

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
NOTE Per share dataNOTE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 -5

4.3 Compensation for Growth

  • NOTE's earnings are expected to decrease with -83.07% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-83.07%
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. NOTE Dividend Analysis

5.1 Amount

  • No dividends for NOTE!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

NOTE Fundamentals: All Metrics, Ratios and Statistics

FISCALNOTE HOLDINGS INC

NYSE:NOTE (3/17/2026, 8:04:00 PM)

Premarket: 1.0199 +0.03 (+2.8%)

0.9921

+0.01 (+0.54%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)03-11
Earnings (Next)05-11
Inst Owners31.55%
Inst Owner Change11.79%
Ins Owners8.7%
Ins Owner Change-0.22%
Market Cap15.59M
Revenue(TTM)102.67M
Net Income(TTM)-55.76M
Analysts84
Price Target8.41 (747.7%)
Short Float %16.12%
Short Ratio3.81
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-53.95%
Min EPS beat(2)-101.91%
Max EPS beat(2)-5.99%
EPS beat(4)1
Avg EPS beat(4)-7.88%
Min EPS beat(4)-101.91%
Max EPS beat(4)76.93%
EPS beat(8)3
Avg EPS beat(8)18.2%
EPS beat(12)5
Avg EPS beat(12)-3.52%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-1.54%
Min Revenue beat(2)-2.98%
Max Revenue beat(2)-0.09%
Revenue beat(4)1
Avg Revenue beat(4)-0.35%
Min Revenue beat(4)-2.98%
Max Revenue beat(4)2.07%
Revenue beat(8)2
Avg Revenue beat(8)-0.61%
Revenue beat(12)2
Avg Revenue beat(12)-1.34%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-57.14%
EPS NQ rev (1m)0%
EPS NQ rev (3m)6.36%
EPS NY rev (1m)0%
EPS NY rev (3m)-9.02%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.15
P/FCF N/A
P/OCF N/A
P/B 0.21
P/tB N/A
EV/EBITDA N/A
EPS(TTM)-4.13
EYN/A
EPS(NY)-0.81
Fwd EYN/A
FCF(TTM)-1.28
FCFYN/A
OCF(TTM)-0.8
OCFYN/A
SpS6.54
BVpS4.81
TBVpS-8.11
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -20.36%
ROE -73.85%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 87.25%
FCFM N/A
ROA(3y)-28.25%
ROA(5y)-39.12%
ROE(3y)-141.72%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.09%
GM growth 5YN/A
F-Score4
Asset Turnover0.37
Health
Industry RankSector Rank
Debt/Equity 1.66
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 41.35%
Cap/Sales 7.37%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.01
Quick Ratio 1.01
Altman-Z -4.36
F-Score4
WACC7.04%
ROIC/WACCN/A
Cap/Depr(3y)42.35%
Cap/Depr(5y)41.75%
Cap/Sales(3y)7.79%
Cap/Sales(5y)7.7%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-43.4%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-31.06%
EPS Next Y-696.13%
EPS Next 2Y-83.07%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-17.9%
Revenue growth 3Y13.2%
Revenue growth 5YN/A
Sales Q2Q%-23.81%
Revenue Next Year-20.13%
Revenue Next 2Y-11.57%
Revenue Next 3Y-5.91%
Revenue Next 5YN/A
EBIT growth 1Y13.1%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year130.18%
EBIT Next 3Y37.97%
EBIT Next 5YN/A
FCF growth 1Y63.84%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y73.42%
OCF growth 3YN/A
OCF growth 5YN/A

FISCALNOTE HOLDINGS INC / NOTE Fundamental Analysis FAQ

What is the fundamental rating for NOTE stock?

ChartMill assigns a fundamental rating of 1 / 10 to NOTE.


What is the valuation status for NOTE stock?

ChartMill assigns a valuation rating of 0 / 10 to FISCALNOTE HOLDINGS INC (NOTE). This can be considered as Overvalued.


How profitable is FISCALNOTE HOLDINGS INC (NOTE) stock?

FISCALNOTE HOLDINGS INC (NOTE) has a profitability rating of 1 / 10.


How financially healthy is FISCALNOTE HOLDINGS INC?

The financial health rating of FISCALNOTE HOLDINGS INC (NOTE) is 1 / 10.