(MI) NFT Limited - Ratings and Ratios

NFT Limited (NYSE MKT:MI) operates as a digital platform provider, enabling artists, dealers, and investors to create, list, and trade non-fungible tokens (NFTs) representing physical and digital artwork. The companys primary platform, nftoeo.com, facilitates online transactions for a variety of assets, including paintings, calligraphies, jewelry, and precious stones. In addition to its marketplace, NFT Limited offers consulting services to assist clients in navigating the NFT ecosystem. The platform serves a diverse base of users, including individual artists, galleries, collectors, and institutional investors. Incorporated in 2009 and headquartered in Sha Tin, Hong Kong, the company has established itself as a key player in the growing NFT market in the Peoples Republic of China and beyond.

As of the latest data, NFT Limited is listed on the NYSE MKT under the ticker symbol MI. The company operates within the IT Consulting & Other Services sub-industry, reflecting its role in combining technology and financial services. Its market capitalization stands at $11.65 million, with a price-to-book ratio of 0.16, indicating potential undervaluation relative to its book value. The companys return on equity (RoE) is reported at 16.48%, suggesting efficient profitability. However, the forward P/E ratio remains at 0.00, signaling uncertainties in future earnings projections. The platforms operations are supported by a mix of listing fees, transaction commissions, and consulting revenue streams.