ALR Technologies EBITDA vs. Current Valuation
| ALRTF Stock | 0.01 0.00 0.00% |
For ALR Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ALR Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ALR Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ALR Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ALR Technologies over time as well as its relative position and ranking within its peers.
ALR |
ALR Technologies Current Valuation vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ALR Technologies's current stock value. Our valuation model uses many indicators to compare ALR Technologies value to that of its competitors to determine the firm's financial worth. ALR Technologies is number one stock in ebitda category among its peers. It is rated second in current valuation category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ALR Technologies' earnings, one of the primary drivers of an investment's value.ALR Current Valuation vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
ALR Technologies |
| = | (6.4 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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.
ALR Technologies |
| = | 51.54 M |
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.
ALR Current Valuation vs Competition
ALR Technologies is rated second in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Medical Devices industry is presently estimated at about 1.05 Billion. ALR Technologies holds roughly 51.54 Million in current valuation claiming about 5% of all equities under Medical Devices industry.
ALR Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ALR Technologies. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of ALR Technologies position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the ALR Technologies' important profitability drivers and their relationship over time.
Learn to be your own money manager
Our tools can tell you how much better you can do entering a position in ALR Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Portfolio Suggestion Now
Portfolio SuggestionGet suggestions outside of your existing asset allocation including your own model portfolios |
| All Next | Launch Module |
Use Investing Themes to Complement your ALR Technologies position
In addition to having ALR Technologies in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Toys Thematic Idea Now
Toys
Companies producing and distributing toys and different gaming products for kids. The Toys theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Toys Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in ALR OTC Stock
To fully project ALR Technologies' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ALR Technologies at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include ALR Technologies' income statement, its balance sheet, and the statement of cash flows.