Diamcor Mining Stock Price To Sales

DMI Stock  CAD 0.03  0.01  25.00%   
Diamcor Mining fundamentals help investors to digest information that contributes to Diamcor Mining's financial success or failures. It also enables traders to predict the movement of Diamcor Stock. The fundamental analysis module provides a way to measure Diamcor Mining's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Diamcor Mining stock.
Last ReportedProjected for Next Year
Price To Sales Ratio 6.86  6.52 
Price To Sales Ratio is likely to drop to 6.52 in 2024.
  
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Diamcor Mining Company Price To Sales Analysis

Diamcor Mining's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

P/S

 = 

MV Per Share

Revenue Per Share

More About Price To Sales | All Equity Analysis

Current Diamcor Mining Price To Sales

    
  52.12 X  
Most of Diamcor Mining's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Diamcor Mining is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Diamcor Price To Sales Driver Correlations

Understanding the fundamental principles of building solid financial models for Diamcor Mining is extremely important. It helps to project a fair market value of Diamcor Stock properly, considering its historical fundamentals such as Price To Sales. Since Diamcor Mining's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Diamcor Mining's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Diamcor Mining's interrelated accounts and indicators.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Competition

Diamcor Price To Sales Ratio

Price To Sales Ratio

6.52

At this time, Diamcor Mining's Price To Sales Ratio is fairly stable compared to the past year.
Based on the latest financial disclosure, Diamcor Mining has a Price To Sales of 52 times. This is 96.53% higher than that of the Metals & Mining sector and 79.6% lower than that of the Materials industry. The price to sales for all Canada stocks is notably lower than that of the firm.

Diamcor Mining Current Valuation Drivers

We derive many important indicators used in calculating different scores of Diamcor Mining from analyzing Diamcor Mining's financial statements. These drivers represent accounts that assess Diamcor Mining's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Diamcor Mining's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap5.8M7.3M26.8M16.0M7.7M10.4M
Enterprise Value9.7M15.4M36.6M22.6M18.5M12.8M

Diamcor Fundamentals

About Diamcor Mining Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Diamcor Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Diamcor Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Diamcor Mining based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Diamcor Stock Analysis

When running Diamcor Mining's price analysis, check to measure Diamcor Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Diamcor Mining is operating at the current time. Most of Diamcor Mining's value examination focuses on studying past and present price action to predict the probability of Diamcor Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diamcor Mining's price. Additionally, you may evaluate how the addition of Diamcor Mining to your portfolios can decrease your overall portfolio volatility.