Hemisphere Energy Stock Price To Sales

HME Stock  CAD 1.85  0.03  1.60%   
Hemisphere Energy fundamentals help investors to digest information that contributes to Hemisphere Energy's financial success or failures. It also enables traders to predict the movement of Hemisphere Stock. The fundamental analysis module provides a way to measure Hemisphere Energy'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 Hemisphere Energy stock.
Last ReportedProjected for Next Year
Price To Sales Ratio 1.88  1.78 
Price To Sales Ratio is likely to drop to 1.78 in 2024.
  
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Hemisphere Energy Company Price To Sales Analysis

Hemisphere Energy'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 Hemisphere Energy Price To Sales

    
  2.36 X  
Most of Hemisphere Energy'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, Hemisphere Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Hemisphere Price To Sales Driver Correlations

Understanding the fundamental principles of building solid financial models for Hemisphere Energy is extremely important. It helps to project a fair market value of Hemisphere Stock properly, considering its historical fundamentals such as Price To Sales. Since Hemisphere Energy'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 Hemisphere Energy'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 Hemisphere Energy'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

Hemisphere Price To Sales Ratio

Price To Sales Ratio

1.78

At this time, Hemisphere Energy's Price To Sales Ratio is fairly stable compared to the past year.
Based on the latest financial disclosure, Hemisphere Energy has a Price To Sales of 2.3554 times. This is 33.83% higher than that of the Oil, Gas & Consumable Fuels sector and 14.66% lower than that of the Energy industry. The price to sales for all Canada stocks is 79.37% higher than that of the company.

Hemisphere Price To Sales Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hemisphere Energy's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hemisphere Energy could also be used in its relative valuation, which is a method of valuing Hemisphere Energy by comparing valuation metrics of similar companies.
Hemisphere Energy is currently under evaluation in price to sales category among its peers.

Hemisphere Energy Current Valuation Drivers

We derive many important indicators used in calculating different scores of Hemisphere Energy from analyzing Hemisphere Energy's financial statements. These drivers represent accounts that assess Hemisphere Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Hemisphere Energy's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap18.8M17.6M87.7M130.1M127.2M133.5M
Enterprise Value50.8M42.5M108.3M133.8M123.4M129.6M

Hemisphere Fundamentals

About Hemisphere Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hemisphere Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hemisphere Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hemisphere Energy 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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Hemisphere Stock Analysis

When running Hemisphere Energy's price analysis, check to measure Hemisphere Energy'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 Hemisphere Energy is operating at the current time. Most of Hemisphere Energy's value examination focuses on studying past and present price action to predict the probability of Hemisphere Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hemisphere Energy's price. Additionally, you may evaluate how the addition of Hemisphere Energy to your portfolios can decrease your overall portfolio volatility.