Novus Acquisition & Development Corp.

Novus Acquisition & Development Corp. - ROEverified

NDEV

Price:

$0.0139

Market Cap:

$1.48M

Novus Acquisition & Development Corp. (NDEV) operates as an insurance provider in California, primarily through its subsidiary, WCIG Insurance Service, Inc. The company offers specialized health policies for the CBD concentrate cannabis market and THC health plans. Additionally, it provides a range of supplementary benefit options, including dental, vision, hearing, and telemedicine services. Established in 1996, the firm was originally known as BrandQuest Development Group, Inc. before rebranding as Novus Acquisition & Development Corp. in April 2009. Its principal office is located in Miami, Florida.

Industry

Insurance - Diversified

IPO Date

2013-01-09

Stock Exchange

OTC

Ticker

NDEV

The ROE as of July 2026 (TTM) for Novus Acquisition & Development Corp. (NDEV) is 10.38%

According to Novus Acquisition & Development Corp.’s latest financial reports and current stock price. The company's current ROE is 10.38%. This represents a change of 299.86% compared to the average of 2.59% 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 7.47%. The current 10.38% ROE has changed 38.86% 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

7.47%

Median

7.00%

Minimum

4.77%

Maximum

10.31%

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 = 10.31%

Minimum Annual Increase = -39.44%

Minimum Annual ROE = 4.77%

Quarterly (TTM)
Annual
YearROEChange
202510.31%11.53%
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

9.36%

5-year avg

8.20%

10-year avg

7.47%

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. (32.04%), greater than iMining Technologies Inc. (-29.89%), greater than Legion Capital Corporation (-1.82%), greater than Metavesco, Inc. (-11010.07%), less than National Graphite Corp. (4.99%), greater than LZG International, Inc. (-10.19%), greater than AVVAA World Health Care Products, Inc. (-67.34%), less than Adia Med Inc. (306.95%), less than Quinsam Capital Corporation (17.76%), greater than Loans4Less.Com, Inc. (-50.64%),

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