Solaris Resources Stock Price To Sales
| SLS Stock | 5.01 0.07 1.38% |
Solaris Resources fundamentals help investors to digest information that contributes to Solaris Resources' financial success or failures. It also enables traders to predict the movement of Solaris Stock. The fundamental analysis module provides a way to measure Solaris Resources' 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 Solaris Resources stock.
| Last Reported | Projected for Next Year |
Solaris | Price To Sales |
Solaris Resources Company Price To Sales Analysis
Solaris Resources' 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.
Solaris Price To Sales Driver Correlations
Understanding the fundamental principles of building solid financial models for Solaris Resources is extremely important. It helps to project a fair market value of Solaris Stock properly, considering its historical fundamentals such as Price To Sales. Since Solaris Resources' 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 Solaris Resources' 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 Solaris Resources' interrelated accounts and indicators.
Click cells to compare fundamentals
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 |
Based on the latest financial disclosure, Solaris Resources has a Price To Sales of 0.0 times. This is 100.0% lower than that of the Metals & Mining sector and about the same as Materials (which currently averages 0.0) industry. The price to sales for all Canada stocks is 100.0% higher than that of the company.
Solaris Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Solaris Resources' 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 Solaris Resources could also be used in its relative valuation, which is a method of valuing Solaris Resources by comparing valuation metrics of similar companies.Solaris Resources is currently under evaluation in price to sales category among its peers.
Solaris Resources Current Valuation Drivers
We derive many important indicators used in calculating different scores of Solaris Resources from analyzing Solaris Resources' financial statements. These drivers represent accounts that assess Solaris Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Solaris Resources' important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 369.3M | 1.4B | 539.7M | 442.5M | 398.3M | 347.0M | |
| Enterprise Value | 295.9M | 1.4B | 525.2M | 433.1M | 389.8M | 331.3M |
Solaris Fundamentals
| Return On Equity | -3.12 | ||||
| Return On Asset | -0.69 | ||||
| Current Valuation | 829.01 M | ||||
| Shares Outstanding | 162.83 M | ||||
| Shares Owned By Insiders | 40.79 % | ||||
| Shares Owned By Institutions | 27.57 % | ||||
| Number Of Shares Shorted | 1.23 M | ||||
| Price To Book | 86.52 X | ||||
| EBITDA | (40.42 M) | ||||
| Net Income | (41.08 M) | ||||
| Cash And Equivalents | 14.77 M | ||||
| Total Debt | 29.45 M | ||||
| Book Value Per Share | 0.04 X | ||||
| Cash Flow From Operations | (38.31 M) | ||||
| Short Ratio | 4.28 X | ||||
| Earnings Per Share | (0.57) X | ||||
| Target Price | 11.93 | ||||
| Number Of Employees | 60 | ||||
| Beta | 2.1 | ||||
| Market Capitalization | 827.16 M | ||||
| Total Asset | 61.82 M | ||||
| Retained Earnings | (205.57 M) | ||||
| Working Capital | 34.03 M | ||||
| Net Asset | 61.82 M |
About Solaris Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Solaris Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Solaris Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Solaris 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.
Other Information on Investing in Solaris Stock
Solaris Resources financial ratios help investors to determine whether Solaris Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Solaris with respect to the benefits of owning Solaris Resources security.