Tearsheet

NFT (MI)


Market Price (10/31/2025): $3.88 | Market Cap: $2.7 Mil
Sector: Consumer Discretionary | Industry: Broadline Retail

NFT (MI)


Market Price (10/31/2025): $3.88
Market Cap: $2.7 Mil
Sector: Consumer Discretionary
Industry: Broadline Retail

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 161%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 157%
Weak multi-year price returns
2Y Excs Rtn is -113%
Weak revenue growth
Rev Chg QQuarterly Revenue Change % is -17%
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -2280%
  Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -55%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -55%
2 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 474%
  High stock price volatility
Vol 12M is 148%
3 Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 170%
  
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 161%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 157%
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -2280%
2 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 474%
3 Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 170%
4 Weak multi-year price returns
2Y Excs Rtn is -113%
5 Weak revenue growth
Rev Chg QQuarterly Revenue Change % is -17%
6 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -55%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -55%
7 High stock price volatility
Vol 12M is 148%

Market Valuation & Key Metrics

MI Stock


Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
MI Return-----62%9%-59%
Peers Return32%23%-31%-9%-6%-17%-19%
S&P 500 Return16%27%-19%24%23%16%110%

Monthly Win Rates [3]
MI Win Rate---67%42%44% 
Peers Win Rate27%38%30%33%32%53% 
S&P 500 Win Rate58%75%42%67%75%67% 

Max Drawdowns [4]
MI Max Drawdown-----73%-55% 
Peers Max Drawdown-19%-7%-39%-41%-38%-36% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: MELI, M, BBBY, JFBR, JWEL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 10/30/2025 (YTD)

How Low Can It Go

MI has limited trading history. Below is the Consumer Discretionary sector ETF (XLY) in its place.

Unique KeyEventXLYS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-40.3%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven67.4%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven680 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-33.9%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven51.3%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven82 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-21.9%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven28.1%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven105 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-60.1%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven150.8%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven779 days1480 days

Compare to


In The Past

SPDR Select Sector Fund's stock fell -40.3% during the 2022 Inflation Shock from a high on 11/19/2021. A -40.3% loss requires a 67.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About NFT (MI)

Better Bets than NFT (MI)

Latest Trefis Analyses

TitleTopic
0DASHBOARDS 
1NFT Stock Jumped 8.1% in a Month, What Now?Return

Trade Ideas

Select past ideas related to MI. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ANF_9302025_Dip_Buyer_FCFYield09302025ANFAbercrombie & FitchDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-14.4%-14.4%-22.1%
DECK_9302025_Dip_Buyer_FCFYield09302025DECKDeckers OutdoorDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-17.3%-17.3%-17.3%
CHH_9302025_Dip_Buyer_ValueBuy09302025CHHChoice Hotels InternationalDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-11.9%-11.9%-11.9%
VAC_9302025_Dip_Buyer_ValueBuy09302025VACMarriott Vacations WorldwideDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-0.0%-0.0%-6.1%
FUN_9302025_Short_Squeeze09302025FUNSix Flags EntertainmentSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.
4.5%4.5%-11.7%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ANF_9302025_Dip_Buyer_FCFYield09302025ANFAbercrombie & FitchDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-14.4%-14.4%-22.1%
DECK_9302025_Dip_Buyer_FCFYield09302025DECKDeckers OutdoorDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-17.3%-17.3%-17.3%
CHH_9302025_Dip_Buyer_ValueBuy09302025CHHChoice Hotels InternationalDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-11.9%-11.9%-11.9%
VAC_9302025_Dip_Buyer_ValueBuy09302025VACMarriott Vacations WorldwideDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-0.0%-0.0%-6.1%
FUN_9302025_Short_Squeeze09302025FUNSix Flags EntertainmentSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.
4.5%4.5%-11.7%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for NFT

Financials

MIMELIMBBBYJFBRJWELMedian
NameNFT MercadoL.Macy's Bed Bath.Jeffs Br.Jowell G. 
Mkt Price3.862,360.7619.547.652.541.615.75
Mkt Cap0.0119.75.30.5--2.9
Rev LTM424,09622,7021,074--11,888
Op Inc LTM72,965849-105--428
FCF LTM-27,385603-95--300
FCF 3Y Avg-65,709406-121--200
CFO LTM-28,4721,396-72--697
CFO 3Y Avg-66,4241,383-91--689

Growth & Margins

MIMELIMBBBYJFBRJWELMedian
NameNFT MercadoL.Macy's Bed Bath.Jeffs Br.Jowell G. 
Rev Chg LTM473.9%35.8%-3.4%-27.2%--16.2%
Rev Chg 3Y Avg146.5%39.8%-4.5%-20.0%--17.6%
Rev Chg Q-17.2%33.8%-1.9%-17.4%---9.6%
QoQ Delta Rev Chg LTM-2.9%7.7%-0.4%-4.8%---1.7%
Op Mgn LTM169.9%12.3%3.7%-9.8%--8.0%
Op Mgn 3Y Avg-13.2%4.6%-9.3%--4.6%
QoQ Delta Op Mgn LTM11.5%-0.5%-0.1%2.4%--1.2%
CFO/Rev LTM-55.4%35.2%6.1%-6.7%---0.3%
CFO/Rev 3Y Avg-35.4%5.9%-6.7%--5.9%
FCF/Rev LTM-55.4%30.6%2.7%-8.9%---3.1%
FCF/Rev 3Y Avg-31.6%1.7%-8.9%--1.7%

Valuation

MIMELIMBBBYJFBRJWELMedian
NameNFT MercadoL.Macy's Bed Bath.Jeffs Br.Jowell G. 
Mkt Cap0.0119.75.30.5--2.9
P/S0.75.00.20.4--0.6
P/EBIT-1.141.77.0-2.7--3.0
P/E0.658.310.7-3.2--5.7
P/CFO-1.214.13.8-6.4--1.3
Total Yield161.5%1.7%13.0%-31.4%--7.4%
Dividend Yield0.0%0.0%3.7%0.0%--0.0%
FCF Yield 3Y Avg-129.2%6.4%10.6%---6.4%
D/E0.80.11.00.1--0.4
Net D/E-22.80.00.9-0.3---0.1

Returns

MIMELIMBBBYJFBRJWELMedian
NameNFT MercadoL.Macy's Bed Bath.Jeffs Br.Jowell G. 
1M Rtn11.8%1.0%9.0%-21.9%-34.2%-8.5%-3.8%
3M Rtn26.6%-0.6%56.4%--63.1%-23.9%-0.6%
6M Rtn66.4%2.9%72.0%--89.3%-6.4%2.9%
12M Rtn-55.0%16.8%33.2%--96.7%-9.2%-9.2%
3Y Rtn-161.8%6.7%--99.9%-91.8%-42.6%
1M Excs Rtn8.6%6.8%7.1%-25.1%-37.0%-11.7%-2.5%
3M Excs Rtn14.0%-10.0%50.4%--69.4%-35.3%-10.0%
6M Excs Rtn44.6%-18.9%50.3%--111.1%-28.1%-18.9%
12M Excs Rtn-70.7%-2.3%15.3%--113.3%-26.2%-26.2%
3Y Excs Rtn-96.8%-68.7%--176.6%-168.7%-118.7%

Financials

Price Behavior

Short Interest

Short Interest: As Of Date10152025
Short Interest: Shares Quantity12,232
Short Interest: % Change Since 9302025129.9%
Average Daily Volume11,012
Days-to-Cover Short Interest1.11
Basic Shares Quantity699,837
Short % of Basic Shares1.7%

SEC Filings

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Report DateFiling DateFiling
630202592620256-K 6/30/2025
12312024430202520-F 12/31/2024
6302024100120246-K 6/30/2024
12312023516202420-F 12/31/2023
6302023814202310-Q 6/30/2023
3312023524202310-Q 3/31/2023
12312022417202310-K 12/31/2022
93020221121202210-Q 9/30/2022
6302022815202210-Q 6/30/2022
3312022516202210-Q 3/31/2022
12312021415202210-K 12/31/2021
93020211123202110-Q 9/30/2021
6302021813202110-Q 6/30/2021
3312021517202110-Q 3/31/2021
12312020331202110-K 12/31/2020
93020201113202010-Q 9/30/2020

Insider Activity

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