Wearable Devices Stock Current Valuation
| WLDS Stock | USD 1.67 0.26 13.47% |
Valuation analysis of Wearable Devices helps investors to measure Wearable Devices' intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. Enterprise Value Over EBITDA is likely to drop to -15.79 in 2024. Enterprise Value Multiple is likely to drop to -15.79 in 2024. Fundamental drivers impacting Wearable Devices' valuation include:
Price Book 2.8839 | Enterprise Value 4.1 M | Enterprise Value Ebitda (0.75) | Price Sales 11.6268 | Enterprise Value Revenue 8.8411 |
Overvalued
Today
Please note that Wearable Devices' price fluctuation is extremely dangerous at this time. Calculation of the real value of Wearable Devices is based on 3 months time horizon. Increasing Wearable Devices' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Wearable stock is determined by what a typical buyer is willing to pay for full or partial control of Wearable Devices. Since Wearable Devices is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Wearable Stock. However, Wearable Devices' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 1.67 | Real 1.85 | Hype 1.18 | Naive 2.75 |
The intrinsic value of Wearable Devices' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Wearable Devices' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Wearable Devices helps investors to forecast how Wearable stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Wearable Devices more accurately as focusing exclusively on Wearable Devices' fundamentals will not take into account other important factors: Wearable Devices Company Current Valuation Analysis
Wearable Devices' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Wearable Devices Current Valuation | 4.1 M |
Most of Wearable Devices' fundamental indicators, such as Current Valuation, 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, Wearable Devices is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Wearable Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Wearable Devices is extremely important. It helps to project a fair market value of Wearable Stock properly, considering its historical fundamentals such as Current Valuation. Since Wearable Devices' 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 Wearable Devices' 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 Wearable Devices' interrelated accounts and indicators.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Wearable Devices has a Current Valuation of 4.1 M. This is 99.98% lower than that of the Textiles, Apparel & Luxury Goods sector and 100.0% lower than that of the Consumer Discretionary industry. The current valuation for all United States stocks is 99.98% higher than that of the company.
Wearable Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Wearable Devices' direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Wearable Devices could also be used in its relative valuation, which is a method of valuing Wearable Devices by comparing valuation metrics of similar companies.Wearable Devices is currently under evaluation in current valuation category among its peers.
Wearable Fundamentals
| Return On Equity | -1.74 | ||||
| Return On Asset | -0.71 | ||||
| Operating Margin | (10.71) % | ||||
| Current Valuation | 4.1 M | ||||
| Shares Outstanding | 2.53 M | ||||
| Shares Owned By Insiders | 23.69 % | ||||
| Shares Owned By Institutions | 1.12 % | ||||
| Number Of Shares Shorted | 27.49 K | ||||
| Price To Book | 2.88 X | ||||
| Price To Sales | 11.63 X | ||||
| Revenue | 82 K | ||||
| Gross Profit | 35 K | ||||
| EBITDA | (8.12 M) | ||||
| Net Income | (7.81 M) | ||||
| Cash And Equivalents | 320 K | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 575 K | ||||
| Current Ratio | 0.32 X | ||||
| Book Value Per Share | 1.62 X | ||||
| Cash Flow From Operations | (8.43 M) | ||||
| Short Ratio | 0.38 X | ||||
| Earnings Per Share | (8.60) X | ||||
| Number Of Employees | 28 | ||||
| Beta | 2.92 | ||||
| Market Capitalization | 5.39 M | ||||
| Total Asset | 7.59 M | ||||
| Retained Earnings | (21.22 M) | ||||
| Working Capital | 4.96 M | ||||
| Net Asset | 7.59 M |
About Wearable Devices Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Wearable Devices's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wearable Devices using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wearable Devices 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 Wearable Stock Analysis
When running Wearable Devices' price analysis, check to measure Wearable Devices' 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 Wearable Devices is operating at the current time. Most of Wearable Devices' value examination focuses on studying past and present price action to predict the probability of Wearable Devices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wearable Devices' price. Additionally, you may evaluate how the addition of Wearable Devices to your portfolios can decrease your overall portfolio volatility.