New Sources Energy NV (NL:NSE)
:NSE
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New Sources Energy NV
(NSE)
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Rating:46Neutral
Price Target:
€0.04
▲(16.67% Upside)
Action:ReiteratedDate:01/07/26
The score is primarily held down by very weak financial performance (no revenue history, widening losses, and negative operating/free cash flow). Technicals are modestly supportive (neutral RSI and positive MACD with price above longer-term averages), but valuation remains unattractive due to continued losses and no dividend support.
Positive Factors
Equity recovery / stronger capital base
The shift to positive equity (~€200k in 2024) materially reduces immediate insolvency risk and gives management more flexibility to fund operations or raise capital on better terms. This stabilization is a durable improvement in the balance sheet over the next several months.
Negative Factors
No revenue history
Lack of any reported revenue over multiple years means the company has not demonstrated product-market fit or a repeatable business model. That structural deficiency impedes scalable margins and makes long-term viability dependent on successful commercialization or new contracts.
Read all positive and negative factors
Positive Factors
Negative Factors
Equity recovery / stronger capital base
The shift to positive equity (~€200k in 2024) materially reduces immediate insolvency risk and gives management more flexibility to fund operations or raise capital on better terms. This stabilization is a durable improvement in the balance sheet over the next several months.
Read all positive factors
New Sources Energy NV (NSE) vs. iShares MSCI Netherlands ETF (EWN)
Market Cap
€5.86M
Dividend YieldN/A
Average Volume (3M)144.47K
Price to Earnings (P/E)―
Beta (1Y)0.19
Revenue GrowthN/A
EPS GrowthN/A
CountryNL
EmployeesN/A
SectorEnergy
Sector Strength52
IndustryRenewable Utilities
Share Statistics
EPS (TTM)N/A
Shares Outstanding162,730,100
10 Day Avg. Volume176,241
30 Day Avg. Volume144,466
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)6.16
Price to Sales (P/S)0.00
P/FCF Ratio-10.81
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
New Sources Energy NV Business Overview & Revenue Model
Company Description
New Sources Energy N.V. develops, operates, exploits, and invests in projects that generates electricity using renewable energy sources. The company was formerly known as Management Share NV and changed its name to New Sources Energy N.V. in July ...
How the Company Makes Money
null...
New Sources Energy NV Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
28
Negative
Cash Flow
18
Very Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | -1.00K | 0.00 | -4.00K | 0.00 | 0.00 |
| EBITDA | -746.25K | -892.00K | 3.00K | -5.00K | -88.00K | -116.00K |
| Net Income | -1.06M | -904.00K | -418.00K | -92.00K | -88.00K | -125.00K |
Balance Sheet | ||||||
| Total Assets | 176.00K | 509.00K | 137.00K | 111.00K | 103.00K | 105.00K |
| Cash, Cash Equivalents and Short-Term Investments | 5.00K | 501.00K | 25.00K | 17.00K | 2.00K | 5.00K |
| Total Debt | 191.00K | 91.00K | 0.00 | 79.00K | 57.00K | 0.00 |
| Total Liabilities | 416.00K | 309.00K | 45.00K | 216.00K | 116.00K | 31.00K |
| Stockholders Equity | -240.00K | 200.00K | 92.00K | -106.00K | -13.00K | 74.00K |
Cash Flow | ||||||
| Free Cash Flow | -354.00 | -114.00K | -330.00K | -7.00K | -61.00K | -128.00K |
| Operating Cash Flow | -346.00 | -106.00K | -330.00K | -7.00K | -61.00K | -128.00K |
| Investing Cash Flow | -32.00 | -8.00K | 0.00 | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | 374.00 | 590.00K | 338.00K | 22.00K | 58.00K | 0.00 |
New Sources Energy NV Peers Comparison
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.