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Nocopi Technologies (NNUP)
OTHER OTC:NNUP
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Nocopi Technologies
(OTC:NNUP)
Rating:53Neutral
Price Target:―
Nocopi Technologies (NNUP) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$17.21M
Dividend YieldN/A
Average Volume (3M)1.67K
Price to Earnings (P/E)―
Beta (1Y)-0.02
Revenue Growth1.63%
EPS Growth-83.02%
CountryUS
Employees7
SectorBasic Materials
Sector Strength63
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)-0.25
Shares Outstanding10,792,913
10 Day Avg. Volume1,080
30 Day Avg. Volume1,665
Financial Highlights & Ratios
PEG Ratio-0.25
Price to Book (P/B)1.18
Price to Sales (P/S)0.00
P/FCF Ratio23.18
Enterprise Value/Market Cap0.29
Enterprise Value/Revenue0.63
Enterprise Value/Gross Profit4.13
Enterprise Value/Ebitda-0.44
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Nocopi Technologies Business Overview & Revenue Model
Company DescriptionNocopi Technologies, Inc. develops and markets specialty reactive inks for applications in the educational and toy product markets, and technologies for document and product authentication. The company offers specialty inks for coloring books, activity kits, play sheets, single use place mats, greeting cards, board games, promotional products, or other paper-based applications; and anti-counterfeiting and anti-diversion technologies and products for various applications in the authentication of documents having intrinsic value, such as merchandise receipts, checks, travellers' checks, gift certificates, and event tickets, as well as product labelling and packaging services. It also licenses its patented reactive ink technologies for the entertainment and toy, and document and product authentication markets. The company operates in North America, South America, Asia, and Australia. Nocopi Technologies, Inc. was founded in 1983 and is headquartered in King of Prussia, Pennsylvania.
How the Company Makes MoneyNocopi Technologies generates revenue through the sale of its proprietary ink technologies and through licensing agreements. The company's inks are used in security applications to prevent counterfeiting and unauthorized distribution of branded products. Additionally, Nocopi licenses its technology to other companies, allowing them to incorporate these specialized inks into their production processes. This dual revenue model, consisting of direct product sales and licensing fees, forms the backbone of Nocopi's income, supported by strategic partnerships with manufacturers and distributors who integrate the company's technology into their offerings.
Nocopi Technologies Financial Statement Overview
Summary
Nocopi Technologies exhibits financial stability through a strong equity position and improved cash flow management but faces significant challenges with declining revenue and profitability.Income Statement
Nocopi Technologies has seen a significant decline in revenue from $4.63M in 2022 to $2.12M in 2024, indicating a negative growth trend. The gross profit margin has decreased over time, and the company has struggled with profitability, recording negative EBIT and net income in recent years. Such performance suggests challenges in maintaining operational efficiency and profitability.45
Neutral
Balance Sheet
The balance sheet reflects a strong equity position with a debt-to-equity ratio of 0.0026 in 2024, indicating low leverage risk. The company's equity ratio is robust at 97.97%, showcasing financial stability. Despite these strengths, the declining revenue and profitability could pose risks to long-term sustainability.65
Positive
Cash Flow
Cash flow analysis reveals an improvement in operating cash flow, reaching $594,800 in 2024 from a negative position in 2023. The free cash flow also turned positive in 2024, indicating better cash management. However, the historical volatility in cash flow and negative net income suggest potential sustainability issues.55
Neutral
| Breakdown | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 2.20M | 2.12M | 2.08M | 4.63M | 1.95M | 2.66M | Gross Profit |
| 1.21M | 1.10M | 1.10M | 3.90M | 1.21M | 1.53M | EBIT |
| -2.23M | -3.30M | -1.87M | 2.05M | 45.90K | 479.00K | EBITDA |
| -1.68M | -2.56M | -1.50M | 2.14M | 76.40K | 518.70K | Net Income Common Stockholders |
| -1.63M | -2.68M | -1.44M | 1.81M | 49.40K | 508.40K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 11.21M | 10.84M | 10.25M | 5.34M | 1.85M | 1.36M | Total Assets |
| 14.03M | 13.92M | 14.00M | 9.62M | 3.79M | 3.87M | Total Debt |
| 14.20K | 35.20K | 17.60K | 68.30K | 115.80K | 160.30K | Net Debt |
| -11.20M | -10.80M | -2.25M | -5.27M | -1.73M | -1.20M | Total Liabilities |
| 364.20K | 281.60K | 1.62M | 799.00K | 284.00K | 420.10K | Stockholders Equity |
| 13.67M | 13.64M | 12.38M | 8.82M | 3.51M | 3.45M |
| Cash Flow | Free Cash Flow | ||||
| 698.40K | 584.90K | -47.80K | -8.90K | 481.10K | 663.80K | Operating Cash Flow |
| 700.30K | 594.80K | -19.30K | -8.10K | 512.70K | 702.40K | Investing Cash Flow |
| 6.91M | 7.98M | -3.63M | -800.00 | -31.60K | -38.60K | Financing Cash Flow |
| 0.00 | 0.00 | 5.00M | 3.50M | 2.80K | 11.00K |
Nocopi Technologies Technical Analysis
Positive
1.60
Price Trends
1.53
Positive
1.55
Positive
1.74
Negative
Market Momentum
0.02
Negative
61.72
Neutral
50.88
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NNUP, the sentiment is Positive. The current price of 1.6 is above the 20-day moving average (MA) of 1.55, above the 50-day MA of 1.53, and below the 200-day MA of 1.74, indicating a neutral trend. The MACD of 0.02 indicates Negative momentum. The RSI at 61.72 is Neutral, neither overbought nor oversold. The STOCH value of 50.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NNUP.
Nocopi Technologies Risk Analysis
Nocopi Technologies disclosed 25 risk factors in its most recent earnings report. Nocopi Technologies reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Nocopi Technologies Peers Comparison
Overall Rating
UnderperformOutperform
Sector (50)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $55.78M | 23.99 | 6.19% | ― | -3.23% | -2.01% | |
53 Neutral | $17.21M | ― | -12.99% | ― | 1.63% | -83.02% | |
52 Neutral | $4.92M | ― | -160.41% | ― | 40.15% | 94.78% | |
50 Neutral | $1.99B | -1.15 | -21.15% | 3.68% | 2.64% | -30.65% | |
48 Neutral | $8.01M | ― | -34.69% | ― | -74.50% | 7.21% | |
38 Underperform | $62.03M | ― | -207.57% | ― | 5.45% | -155.56% | |
| $8.46M | ― | -14.01% | ― | ― | ― |
* Basic Materials Sector Average
Performance Comparison
NNUP
Nocopi Technologies
1.60
-1.25
-43.86%
FSI
Flexible Solutions International
4.41
2.28
107.04%
GURE
Gulf Resources
0.60
-1.08
-64.29%
SNES
SenesTech
2.77
-4.83
-63.55%
LOOP
Loop Industries
1.30
-1.32
-50.38%
CNEY
CN Energy Group
2.72
-10.50
-79.43%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.