Nextdoor Holdings Stock Price To Book
| KIND Stock | USD 1.77 0.72 28.92% |
Nextdoor Holdings fundamentals help investors to digest information that contributes to Nextdoor Holdings' financial success or failures. It also enables traders to predict the movement of Nextdoor Stock. The fundamental analysis module provides a way to measure Nextdoor Holdings' 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 Nextdoor Holdings stock.
The current year's Price To Book Ratio is expected to grow to 2.46. Nextdoor | Price To Book |
Nextdoor Holdings Company Price To Book Analysis
Nextdoor Holdings' Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Nextdoor Holdings Price To Book | 2.09 X |
Most of Nextdoor Holdings' fundamental indicators, such as Price To Book, 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, Nextdoor Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Nextdoor Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for Nextdoor Holdings is extremely important. It helps to project a fair market value of Nextdoor Stock properly, considering its historical fundamentals such as Price To Book. Since Nextdoor Holdings' 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 Nextdoor Holdings' 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 Nextdoor Holdings' interrelated accounts and indicators.
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Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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Nextdoor Book Value Per Share
Book Value Per Share |
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Based on the latest financial disclosure, Nextdoor Holdings has a Price To Book of 2.0865 times. This is 81.76% lower than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The price to book for all United States stocks is 78.06% higher than that of the company.
Nextdoor Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nextdoor Holdings' direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nextdoor Holdings could also be used in its relative valuation, which is a method of valuing Nextdoor Holdings by comparing valuation metrics of similar companies.Nextdoor Holdings is currently under evaluation in price to book category among its peers.
Nextdoor Fundamentals
| Return On Equity | -0.19 | ||||
| Return On Asset | -0.13 | ||||
| Profit Margin | (0.40) % | ||||
| Operating Margin | (0.65) % | ||||
| Current Valuation | 569.53 M | ||||
| Shares Outstanding | 215.48 M | ||||
| Shares Owned By Insiders | 1.75 % | ||||
| Shares Owned By Institutions | 66.03 % | ||||
| Number Of Shares Shorted | 3.55 M | ||||
| Price To Book | 2.09 X | ||||
| Price To Sales | 2.74 X | ||||
| Revenue | 218.31 M | ||||
| Gross Profit | 205.43 M | ||||
| EBITDA | (166.51 M) | ||||
| Net Income | (147.76 M) | ||||
| Cash And Equivalents | 604.48 M | ||||
| Cash Per Share | 1.64 X | ||||
| Total Debt | 66.59 M | ||||
| Debt To Equity | 0.10 % | ||||
| Current Ratio | 18.53 X | ||||
| Book Value Per Share | 1.19 X | ||||
| Cash Flow From Operations | (59.27 M) | ||||
| Short Ratio | 2.64 X | ||||
| Earnings Per Share | (0.33) X | ||||
| Target Price | 2.84 | ||||
| Beta | 1.08 | ||||
| Market Capitalization | 676.39 M | ||||
| Total Asset | 654.56 M | ||||
| Retained Earnings | (766.02 M) | ||||
| Working Capital | 531.53 M | ||||
| Net Asset | 654.56 M |
About Nextdoor Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nextdoor Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nextdoor Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nextdoor Holdings 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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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.When determining whether Nextdoor Holdings is a strong investment it is important to analyze Nextdoor Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nextdoor Holdings' future performance. For an informed investment choice regarding Nextdoor Stock, refer to the following important reports:Check out Nextdoor Holdings Piotroski F Score and Nextdoor Holdings Altman Z Score analysis. For information on how to trade Nextdoor Stock refer to our How to Trade Nextdoor Stock guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nextdoor Holdings. If investors know Nextdoor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nextdoor Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.33) | Revenue Per Share | Quarterly Revenue Growth 0.174 | Return On Assets | Return On Equity |
The market value of Nextdoor Holdings is measured differently than its book value, which is the value of Nextdoor that is recorded on the company's balance sheet. Investors also form their own opinion of Nextdoor Holdings' value that differs from its market value or its book value, called intrinsic value, which is Nextdoor Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nextdoor Holdings' market value can be influenced by many factors that don't directly affect Nextdoor Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nextdoor Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nextdoor Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nextdoor Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.