Novus Acquisition & Development Corp (NDEV) fair value: what the stock is really worth
As of Oct 8, 2026: fair value of Novus Acquisition & Development Corp $0.01, price $0.01, upside +6.9%, quality 68 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 3, 2026.
How to read this chart
60‑month range $0.0105 – $0.1177 · fair‑value band $0.0127 – $0.0140 · the $0.0131 price screens below the $0.0140 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 3, 2026.
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Novus Acquisition & Development Corp., through its subsidiary, WCIG Insurance Service, Inc., operates as an insurance company in California. It offers health policies in CBD concentrate cannabis space; benefit plans, such as dental, vision, hearing, and telemedicine; and THC health plans. The company was formerly known as BrandQuest Development Group, Inc.
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Novus Acquisition & Development Corp., through its subsidiary, WCIG Insurance Service, Inc., operates as an insurance company in California. It offers health policies in CBD concentrate cannabis space; benefit plans, such as dental, vision, hearing, and telemedicine; and THC health plans. The company was formerly known as BrandQuest Development Group, Inc. and changed its name to Novus Acquisition & Development Corp. in April 2009. Novus Acquisition & Development Corp. was incorporated in 1996 and is based in Miami, Florida.
Stock analysis
Novus Acquisition & Development Corp (NDEV) currently trades at $0.0131, while our model-based Fair Value estimate is $0.0140, so the stock looks roughly fairly valued today (gap 6.4%).
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Valuation
Bull case: the Multiples group reads highest at a median of $0.0200 per share, and 2 of the 4 models we run sit above the $0.0131 price.
Bear case: the Asset-Based group reads lowest at $0.0100, and 2 of the 4 models stay below the price. Evidence for this calculation is low.
Scenario range: $0.0127 (bear) to $0.0140 (bull), the price of $0.0131 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 68/100 (solid quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Novus Acquisition & Development Corp reported revenue of $405K in FY2025 versus $266K in FY2021, a compound +11.0%/yr. Reported net income was $195K in FY2025, compounding +19.6%/yr from FY2021.
Key figures
Market cap $1.7M · P/E ratio 13.1 · P/S ratio 6.32 · EPS (TTM) $0.0010 · Net margin 48.2% · Return on equity 6.4% · Return on assets (EBIT) 8.0% · Operating margin 58.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).
What moves the price
The share trades about 56% below its 52-week high and 11% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −22% fair-value upside, at 7%, NDEV screens cheaper than that median.
Fair Value models
Bear $0.0127Fair Value $0.0140Bull $0.0140
Price $0.0131 · Upside +6.9%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then ($0.0008 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.78/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+9.8%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+9.8%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+10.8%
Start year 2020 (pandemic). Over 10 years: +17.3% a year
Revenue growth 14 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+10.8%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+13.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year+13.5%
Dividend (yield on the price)0.0%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.34% → 48%
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+0.7%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about −1.6% a year for the price.
Compare Novus Acquisition & Development Corp with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Insurance - Diversified · 83 stocks
Beats the industry median on 7/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score68 · Top 25%
Fair Value upside+2.2% · Above median
Profitability
Return on equity (TTM)6.4% · Below median
Return on assets4.6% · Top 25%
Net margin (TTM)35.9% · Top 25%
Operating margin (TTM)58.7% · Top 25%
Growth and dividend
Revenue growth50.8% · Top 25%
Valuation Multiplesvs Insurance - Diversified median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Novus Acquisition & Development Corp Fair Value". https://www.fairvalue-calculator.com/stock/NDEV
Frequently asked questions
Is Novus Acquisition & Development Corp (NDEV) overvalued or undervalued?
As of Oct 3, 2026, our model estimates a fair value of $0.0140 versus a price of $0.0131, about +7% upside (fairly valued).
What is the fair value of NDEV?
Our model-based fair value for Novus Acquisition & Development Corp is $0.0140 (as of Oct 3, 2026), built from audited fundamentals. The current price: $0.0131.
What is the quality score of NDEV?
Novus Acquisition & Development Corp has a Quality Score of 68/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Novus Acquisition & Development Corp (NDEV)?
Our model-based price target is the fair value of $0.0140 (as of Oct 3, 2026) from 4 valuation models. Cautious scenario $0.0127, optimistic scenario $0.0140. It is a calculation from audited fundamentals, not an analyst target.
What is the Novus Acquisition & Development Corp stock forecast for 2026?
Our models put fair value at $0.0140, about +7% upside versus a price of $0.0131 (fairly valued). Cautious scenario $0.0127, optimistic scenario $0.0140. The calculation is refreshed regularly with new filings.
What is the revenue of Novus Acquisition & Development Corp (NDEV)?
Novus Acquisition & Development Corp reported trailing-twelve-month revenue of about $266K (latest available figure, as of Oct 3, 2026).
What growth is priced into Novus Acquisition & Development Corp (NDEV)?
For today's price to be fair in a discounted-cash-flow model, Novus Acquisition & Development Corp would have to grow free cash flow by +0.7 % per year for five years (discount rate 9.7 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +10.8 % per year. As of Oct 3, 2026.
What discount rate (WACC) does the fair value of NDEV use?
Our models discount Novus Acquisition & Development Corp at 9.7 %: a base by market capitalisation (nano), country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Novus Acquisition & Development Corp that is +0.7 % per year a year over ten years, using the same discount rate (9.7 %) and the same formula as our fair value.
How much growth has Novus Acquisition & Development Corp (NDEV) delivered so far?
Over the past 5 years revenue at Novus Acquisition & Development Corp grew +10.8 % a year. The price currently implies +0.7 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Novus Acquisition & Development Corp (NDEV) growing?
The median revenue growth in the sector is +9.3 % a year. That is the yardstick for the growth priced into Novus Acquisition & Development Corp (+0.7 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Novus Acquisition & Development Corp (NDEV)?
The free-cash-flow yield on the price is 6.97 %: that much free cash flow Novus Acquisition & Development Corp produces per unit of market value. When it exceeds the discount rate of our models (9.7 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Novus Acquisition & Development Corp (NDEV)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Novus Acquisition & Development Corp it is $0.0140 per share (as of Oct 3, 2026), against a price of $0.0131. It is the blended result of 4 valuation models (cash flow, earnings, asset, dividend).
Is Novus Acquisition & Development Corp stock overvalued or undervalued in 2026?
As of Oct 3, 2026, NDEV trades below its calculated fair value: price $0.0131, fair value $0.0140, a gap of about +7% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of NDEV?
No. The price is what the market pays today ($0.0131); the fair value is what the company's own numbers justify ($0.0140). For Novus Acquisition & Development Corp the two are $0.0009 per share apart. That gap is exactly why we show both numbers side by side.
How much is Novus Acquisition & Development Corp worth?
The market values Novus Acquisition & Development Corp at about $1.7M (market capitalisation, as of Oct 3, 2026). Per share that is $0.0131; our models calculate a fair value of $0.0140 per share.
What do the bullish and bearish scenarios say about NDEV?
Our models span a range for Novus Acquisition & Development Corp: cautious scenario $0.0127, base $0.0140, optimistic $0.0140 per share (as of Oct 3, 2026, price $0.0131). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of NDEV?
Novus Acquisition & Development Corp trades at a price-to-earnings ratio of 13.1 (as of Oct 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $0.0140 is built from several models across several years. Other multiples: P/B 0.9, P/S 6.6, EV/EBITDA 7.8.
How solid is the balance sheet of Novus Acquisition & Development Corp (NDEV)?
Balance-sheet figures for Novus Acquisition & Development Corp (as of Oct 3, 2026): return on equity 6.4%. They feed the Quality Score of 68/100, which measures business quality independently of the share price.
How far is NDEV from its 52-week high?
Novus Acquisition & Development Corp trades at $0.0131, about 56% below its 52-week high of $0.0300 and 11% above the low of $0.0118 (as of Oct 8, 2026). Distance from the high says nothing about value: that is what the fair value of $0.0140 is for.
Which stocks are comparable to Novus Acquisition & Development Corp?
From the same area (Financial Services) we also value Allianz SE, Zurich Insurance Group, AXA SA, Assicurazioni Generali S.p.A, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Novus Acquisition & Development Corp stock attractive at the current price?
The data as of Oct 3, 2026: price $0.0131, calculated fair value $0.0140 (+7%), Quality Score 68/100, from 4 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of NDEV calculated?
We run Novus Acquisition & Development Corp through 4 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $0.0140, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Novus Acquisition & Development Corp currently trades 6 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Novus Acquisition & Development Corp (NDEV)?
The closing price on Oct 8, 2026 was $0.0131. Our model-based fair value is $0.0140, about +7% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Novus Acquisition & Development Corp right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. The models converge in a tight band ($0.0127 to $0.0140), unusually little disagreement for a valuation. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of Novus Acquisition & Development Corp
How large is the market capitalisation of Novus Acquisition & Development Corp (NDEV)?
The market capitalisation of Novus Acquisition & Development Corp is $1.7M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Novus Acquisition & Development Corp (NDEV)?
The price-to-sales ratio of Novus Acquisition & Development Corp is 6.32 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Novus Acquisition & Development Corp (NDEV)?
Earnings per share at Novus Acquisition & Development Corp are $0.0010 (price ÷ EPS = P/E 13.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Novus Acquisition & Development Corp (NDEV)?
The net margin of Novus Acquisition & Development Corp is 48.2% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Novus Acquisition & Development Corp (NDEV)?
The return on equity (ROE) of Novus Acquisition & Development Corp is 6.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Novus Acquisition & Development Corp (NDEV)?
On an EBIT basis the return on assets of Novus Acquisition & Development Corp is 8.0% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Novus Acquisition & Development Corp (NDEV)?
The operating margin of Novus Acquisition & Development Corp is 58.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Novus Acquisition & Development Corp (NDEV)?
Revenue at Novus Acquisition & Development Corp is growing +50.8% versus a year earlier (3y avg +9.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much net cash does Novus Acquisition & Development Corp (NDEV) hold?
Novus Acquisition & Development Corp holds more cash than debt, $71.3K net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Thin data
Oct 3, 2026