Idex Biometrics Asa Stock Price To Sales
Idex Biometrics ASA fundamentals help investors to digest information that contributes to Idex Biometrics' financial success or failures. It also enables traders to predict the movement of Idex Stock. The fundamental analysis module provides a way to measure Idex Biometrics' 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 Idex Biometrics stock.
Idex |
Idex Biometrics ASA Company Price To Sales Analysis
Idex Biometrics' 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.
Current Idex Biometrics Price To Sales | 37.10 X |
Most of Idex Biometrics' 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, Idex Biometrics ASA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionBased on the latest financial disclosure, Idex Biometrics ASA has a Price To Sales of 37.1035 times. This is much higher than that of the Software sector and significantly higher than that of the Information Technology industry. The price to sales for all United States stocks is notably lower than that of the firm.
Idex Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Idex Biometrics' 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 Idex Biometrics could also be used in its relative valuation, which is a method of valuing Idex Biometrics by comparing valuation metrics of similar companies.Idex Biometrics is currently under evaluation in price to sales category among its peers.
Idex Fundamentals
| Return On Equity | -1.41 | |||
| Return On Asset | -0.71 | |||
| Operating Margin | (6.35) % | |||
| Current Valuation | 76.81 M | |||
| Shares Outstanding | 17.55 M | |||
| Shares Owned By Insiders | 2.28 % | |||
| Shares Owned By Institutions | 0.01 % | |||
| Price To Book | 9.40 X | |||
| Price To Sales | 37.10 X | |||
| Revenue | 4.09 M | |||
| Gross Profit | 848 K | |||
| EBITDA | (31.31 M) | |||
| Net Income | (32.66 M) | |||
| Cash And Equivalents | 16.32 M | |||
| Cash Per Share | 1.21 X | |||
| Total Debt | 119 K | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 7.85 X | |||
| Book Value Per Share | 1.12 X | |||
| Cash Flow From Operations | (31.9 M) | |||
| Earnings Per Share | (2.43) X | |||
| Target Price | 30.0 | |||
| Number Of Employees | 104 | |||
| Beta | 1.97 | |||
| Market Capitalization | 90.79 M | |||
| Total Asset | 29.02 M | |||
| Working Capital | 18.8 M | |||
| Net Asset | 29.02 M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Other Consideration for investing in Idex Stock
If you are still planning to invest in Idex Biometrics ASA check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Idex Biometrics' history and understand the potential risks before investing.
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