Novus Acquisition & Development Corp.

Novus Acquisition & Development Corp.verified

NDEV

Price:

$0.015

Market Cap:

$1.59M

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.

Industry

Insurance - Diversified

IPO Date

2013-01-09

Stock Exchange

OTC

Ticker

NDEV

The ROE as of December 2025 (TTM) for Novus Acquisition & Development Corp. (NDEV) is 11.93%

According to Novus Acquisition & Development Corp.’s latest financial reports and current stock price. The company's current ROE is 11.93%. This represents a change of 301.08% compared to the average of 2.97% of the last 4 quarters.

Novus Acquisition & Development Corp. (NDEV) Historical ROE (quarterly & annually)

How has NDEV ROE performed in the past?

The mean historical ROE of Novus Acquisition & Development Corp. over the last ten years is 7.12%. The current 11.93% ROE has changed 67.63% with respect to the historical average. Over the past ten years (40 quarters), NDEV's ROE was at its highest in in the December 2024 quarter at 4.66%. The ROE was at its lowest in in the March 2017 quarter at 0%.

Quarterly (TTM)
Annual

Average

7.12%

Median

6.93%

Minimum

4.77%

Maximum

9.76%

Novus Acquisition & Development Corp. (NDEV) ROE by Quarter and Year

Discovering the peaks and valleys of Novus Acquisition & Development Corp. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 100.89%

Maximum Annual ROE = 9.76%

Minimum Annual Increase = -39.44%

Minimum Annual ROE = 4.77%

Quarterly (TTM)
Annual
YearROEChange
20249.24%8.43%
20238.52%21.84%
20227.00%18.31%
20215.91%-39.44%
20209.76%100.89%
20194.86%-29.28%
20186.87%44.05%

Novus Acquisition & Development Corp. (NDEV) Average ROE

How has NDEV ROE performed in the past?

The current ROE of Novus Acquisition & Development Corp. (NDEV) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

8.25%

5-year avg

8.09%

10-year avg

7.12%

Novus Acquisition & Development Corp. (NDEV) ROE vs. Peers

How is NDEV’s ROE compared to its peers?

Novus Acquisition & Development Corp.’s ROE is less than Ameriguard Security Services, Inc. (33.47%), greater than iMining Technologies Inc. (-29.89%), greater than Legion Capital Corporation (-1.82%), less than Metavesco, Inc. (144.75%), less than National Graphite Corp. (4.67%), greater than LZG International, Inc. (-10.19%), less than AVVAA World Health Care Products, Inc. (86.22%), less than Adia Nutrition, Inc. (100.00%), greater than Quinsam Capital Corporation (-45.82%), less than Loans4Less.Com, Inc. (24.21%),

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