Water Ways Technologies Stock Price To Book
| WWT Stock | CAD 0.01 0.01 100.00% |
Water Ways Technologies fundamentals help investors to digest information that contributes to Water Ways' financial success or failures. It also enables traders to predict the movement of Water Stock. The fundamental analysis module provides a way to measure Water Ways' 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 Water Ways stock.
Price To Book Ratio is likely to drop to -3.17 in 2024. Water | Price To Book |
Water Ways Technologies Company Price To Book Analysis
Water Ways' 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 Water Ways Price To Book | 5.90 X |
Most of Water Ways' 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, Water Ways Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Water Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for Water Ways is extremely important. It helps to project a fair market value of Water Stock properly, considering its historical fundamentals such as Price To Book. Since Water Ways' 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 Water Ways' 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 Water Ways' 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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Water Book Value Per Share
Book Value Per Share |
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Based on the latest financial disclosure, Water Ways Technologies has a Price To Book of 5.9038 times. This indicator is about the same for the Machinery average (which is currently at 5.9) sector and 4.47% lower than that of the Industrials industry. The price to book for all Canada stocks is 37.92% higher than that of the company.
Water Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Water Ways' 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 Water Ways could also be used in its relative valuation, which is a method of valuing Water Ways by comparing valuation metrics of similar companies.Water Ways is currently under evaluation in price to book category among its peers.
Water Fundamentals
| Return On Equity | -90.0 | |||
| Return On Asset | -0.28 | |||
| Profit Margin | (0.79) % | |||
| Operating Margin | (0.25) % | |||
| Current Valuation | 3.7 M | |||
| Shares Outstanding | 148.78 M | |||
| Shares Owned By Insiders | 34.90 % | |||
| Number Of Shares Shorted | 19.79 K | |||
| Price To Book | 5.90 X | |||
| Price To Sales | 0.33 X | |||
| Revenue | 6.62 M | |||
| Gross Profit | 2.96 M | |||
| EBITDA | (2.81 M) | |||
| Net Income | (3.23 M) | |||
| Cash And Equivalents | 2 M | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 1.86 M | |||
| Debt To Equity | 33.90 % | |||
| Current Ratio | 1.61 X | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | (1.38 M) | |||
| Short Ratio | 0.01 X | |||
| Earnings Per Share | (0.05) X | |||
| Beta | 1.22 | |||
| Market Capitalization | 1.49 M | |||
| Total Asset | 4.45 M | |||
| Retained Earnings | (9.02 M) | |||
| Working Capital | (850 K) | |||
| Net Asset | 4.45 M |
About Water Ways Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Water Ways Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Water Ways using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Water Ways Technologies 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 Water Stock Analysis
When running Water Ways' price analysis, check to measure Water Ways' 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 Water Ways is operating at the current time. Most of Water Ways' value examination focuses on studying past and present price action to predict the probability of Water Ways' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Water Ways' price. Additionally, you may evaluate how the addition of Water Ways to your portfolios can decrease your overall portfolio volatility.