FISCALNOTE HOLDINGS INC (NOTE)
US3376551046 - Common Stock
We assign a fundamental rating of 1 out of 10 to NOTE. NOTE was compared to 82 industry peers in the Professional Services industry. Both the profitability and financial health of NOTE have multiple concerns. NOTE is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year NOTE has reported negative net income.
NOTE had a negative operating cash flow in the past year.
1.2 Ratios
NOTE has a Return On Assets of -31.16%. This is amonst the worse of the industry: NOTE underperforms 90.12% of its industry peers.
The Return On Equity of NOTE (-265.67%) is worse than 93.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -31.16% | ||
| ROE | -265.67% | ||
| ROIC | N/A |
ROA(3y)-56.25%
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Gross Margin, with a value of 81.61%, NOTE belongs to the top of the industry, outperforming 91.36% of the companies in the same industry.
NOTE's Gross Margin has been stable 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 Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 81.61% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.45%
GM growth 5YN/A
2. Health
2.1 Basic Checks
NOTE does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for NOTE has been reduced compared to 1 year ago.
Compared to 1 year ago, NOTE has a worse debt to assets ratio.
2.2 Solvency
NOTE has an Altman-Z score of -3.02. This is a bad value and indicates that NOTE is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of -3.02, NOTE is not doing good in the industry: 91.36% of the companies in the same industry are doing better.
NOTE has a Debt/Equity ratio of 5.12. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of NOTE (5.12) is worse than 95.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.12 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -3.02 |
ROIC/WACCN/A
WACC9.97%
2.3 Liquidity
A Current Ratio of 0.76 indicates that NOTE may have some problems paying its short term obligations.
NOTE has a worse Current ratio (0.76) than 87.65% of its industry peers.
NOTE has a Quick Ratio of 0.76. This is a bad value and indicates that NOTE is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.76, NOTE is doing worse than 87.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.76 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 53.39% over the past year.
NOTE shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.60%.
NOTE shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 26.71% yearly.
EPS 1Y (TTM)53.39%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q-21.88%
Revenue 1Y (TTM)16.6%
Revenue growth 3Y26.71%
Revenue growth 5YN/A
Revenue growth Q2Q8.95%
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 -17.83% yearly.
The Revenue is expected to grow by 8.50% on average over the next years. This is quite good.
EPS Next Y40.22%
EPS Next 2Y-17.83%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year19.08%
Revenue Next 2Y8.5%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for NOTE. In the last year negative earnings were reported.
Also next year NOTE is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as NOTE's earnings are expected to decrease with -17.83% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-17.83%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for NOTE!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FISCALNOTE HOLDINGS INC
NYSE:NOTE (5/3/2024, 7:08:59 PM)
After market: 1.36 -0.04 (-2.86%)1.4
+0.05 (+3.7%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap187.92M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -31.16% | ||
| ROE | -265.67% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 81.61% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.12 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.76 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)53.39%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y40.22%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)16.6%
Revenue growth 3Y26.71%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y