Sigma Lithium Resources Stock Price To Book
| SGML Stock | 18.99 0.43 2.21% |
Sigma Lithium Resources fundamentals help investors to digest information that contributes to Sigma Lithium's financial success or failures. It also enables traders to predict the movement of Sigma Stock. The fundamental analysis module provides a way to measure Sigma Lithium'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 Sigma Lithium stock.
Price To Book Ratio is likely to drop to 12.73 in 2024. Sigma | Price To Book |
Sigma Lithium Resources Company Price To Book Analysis
Sigma Lithium's 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 Sigma Lithium Price To Book | 14.36 X |
Most of Sigma Lithium's 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, Sigma Lithium Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Sigma Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for Sigma Lithium is extremely important. It helps to project a fair market value of Sigma Stock properly, considering its historical fundamentals such as Price To Book. Since Sigma Lithium'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 Sigma Lithium'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 Sigma Lithium's 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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Sigma Book Value Per Share
Book Value Per Share |
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Based on the latest financial disclosure, Sigma Lithium Resources has a Price To Book of 14.3591 times. This is 17.89% higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The price to book for all Canada stocks is 50.99% lower than that of the firm.
Sigma Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sigma Lithium's 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 Sigma Lithium could also be used in its relative valuation, which is a method of valuing Sigma Lithium by comparing valuation metrics of similar companies.Sigma Lithium is currently under evaluation in price to book category among its peers.
Sigma Lithium Current Valuation Drivers
We derive many important indicators used in calculating different scores of Sigma Lithium from analyzing Sigma Lithium's financial statements. These drivers represent accounts that assess Sigma Lithium's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Sigma Lithium's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 88.1M | 133.0M | 215.9M | 3.8B | 4.5B | 4.7B | |
| Enterprise Value | 89.0M | 137.1M | 207.5M | 3.8B | 4.6B | 4.9B |
Sigma Fundamentals
| Return On Equity | 0.0686 | |||
| Return On Asset | 0.086 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.12 % | |||
| Current Valuation | 2.28 B | |||
| Shares Outstanding | 111.83 M | |||
| Shares Owned By Insiders | 4.43 % | |||
| Shares Owned By Institutions | 80.81 % | |||
| Number Of Shares Shorted | 13.34 K | |||
| Price To Book | 14.36 X | |||
| Price To Sales | 7.37 X | |||
| Revenue | 181.23 M | |||
| EBITDA | 81.44 M | |||
| Net Income | (38.25 M) | |||
| Total Debt | 28.91 M | |||
| Book Value Per Share | 1.95 X | |||
| Cash Flow From Operations | (30.79 M) | |||
| Short Ratio | 0.61 X | |||
| Earnings Per Share | (0.63) X | |||
| Target Price | 26.0 | |||
| Number Of Employees | 523 | |||
| Beta | 0.14 | |||
| Market Capitalization | 2.17 B | |||
| Total Asset | 487.24 M | |||
| Retained Earnings | (232.76 M) | |||
| Working Capital | 20.3 M | |||
| Net Asset | 487.24 M |
About Sigma Lithium Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sigma Lithium Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sigma Lithium using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sigma Lithium Resources 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 Sigma Stock Analysis
When running Sigma Lithium's price analysis, check to measure Sigma Lithium'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 Sigma Lithium is operating at the current time. Most of Sigma Lithium's value examination focuses on studying past and present price action to predict the probability of Sigma Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sigma Lithium's price. Additionally, you may evaluate how the addition of Sigma Lithium to your portfolios can decrease your overall portfolio volatility.