Ix Acquisition Corp Stock Price To Earning
IX Acquisition Corp fundamentals help investors to digest information that contributes to IX Acquisition's financial success or failures. It also enables traders to predict the movement of IXAQU Stock. The fundamental analysis module provides a way to measure IX Acquisition'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 IX Acquisition stock.
IXAQU |
IX Acquisition Corp Company Price To Earning Analysis
IX Acquisition's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current IX Acquisition Price To Earning | 11.72 X |
Most of IX Acquisition's fundamental indicators, such as Price To Earning, 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, IX Acquisition Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
CompetitionBased on the latest financial disclosure, IX Acquisition Corp has a Price To Earning of 11.72 times. This is 35.89% lower than that of the Capital Markets sector and significantly higher than that of the Financials industry. The price to earning for all United States stocks is 59.19% higher than that of the company.
IXAQU Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IX Acquisition's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of IX Acquisition could also be used in its relative valuation, which is a method of valuing IX Acquisition by comparing valuation metrics of similar companies.IX Acquisition is currently under evaluation in price to earning category among its peers.
IXAQU Fundamentals
| Return On Asset | -0.0328 | ||||
| Current Valuation | 101.18 M | ||||
| Shares Owned By Institutions | 0.01 % | ||||
| Number Of Shares Shorted | 457 | ||||
| Price To Earning | 11.72 X | ||||
| EBITDA | 5.06 M | ||||
| Net Income | 4.02 M | ||||
| Cash And Equivalents | 296.46 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 1.89 M | ||||
| Current Ratio | 0.83 X | ||||
| Book Value Per Share | (1.46) X | ||||
| Cash Flow From Operations | (605.73 K) | ||||
| Earnings Per Share | 0.85 X | ||||
| Beta | -0.025 | ||||
| Total Asset | 31.49 M | ||||
| Retained Earnings | (11.28 M) | ||||
| Working Capital | (3.09 M) | ||||
| Net Asset | 31.49 M |
Thematic Opportunities
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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 producer price index. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Other Consideration for investing in IXAQU Stock
If you are still planning to invest in IX Acquisition Corp 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 IX Acquisition's history and understand the potential risks before investing.
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