Altair Resources Valuation
| AVX Stock | CAD 0.01 0.00 0.00% |
Altair Resources seems to be overvalued based on Macroaxis valuation methodology. Our model approximates the value of Altair Resources from analyzing the firm fundamentals such as Number Of Shares Shorted of 114, shares outstanding of 57.27 M, and Return On Asset of -28.25 as well as examining its technical indicators and probability of bankruptcy.
Price Book 7.1671 | Enterprise Value 408.5 K | Enterprise Value Ebitda (0.73) |
Overvalued
Today
Please note that Altair Resources' price fluctuation is very steady at this time. Calculation of the real value of Altair Resources is based on 3 months time horizon. Increasing Altair Resources' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Altair stock is determined by what a typical buyer is willing to pay for full or partial control of Altair Resources. Since Altair Resources is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Altair Stock. However, Altair Resources' 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 0.01 | Real 0.0084 | Hype 0.01 | Naive 0.01 |
The intrinsic value of Altair Resources' 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 Altair Resources' 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 Altair Resources helps investors to forecast how Altair 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 Altair Resources more accurately as focusing exclusively on Altair Resources' fundamentals will not take into account other important factors: Altair Resources Cash |
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Altair Resources Total Value Analysis
Altair Resources is presently estimated to have takeover price of 408.5 K with market capitalization of 286.33 K, debt of 2.43 M, and cash on hands of 25.13 K. Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Altair Resources fundamentals before making investing decisions based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
408.5 K | 286.33 K | 2.43 M | 25.13 K |
Altair Resources Asset Utilization
One of the ways to look at asset utilization of Altair is to check how much profit was generated for every dollar of assets it reports. Altair Resources shows a negative utilization of assets of -28.25 percent, losing C$0.28 for each dollar of assets held by the firm. Inadequate asset utilization signifies that the company is being less effective with each dollar of assets it shows. Put another way, asset utilization of Altair Resources shows how discouraging it operates for each dollar spent on its assets.Altair Resources Ownership Allocation
Altair Resources holds a total of 57.27 Million outstanding shares. Almost 99.1 percent of Altair Resources outstanding shares are held by general public with 0.9 (percent) owned by insiders and only 0.0 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.Altair Resources Profitability Analysis
Net Loss for the year was (444.13 K) with profit before overhead, payroll, taxes, and interest of 0.About Altair Resources Valuation
Our relative valuation model uses a comparative analysis of Altair Resources. We calculate exposure to Altair Resources's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Altair Resources's related companies.Additional Tools for Altair Stock Analysis
When running Altair Resources' price analysis, check to measure Altair Resources' 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 Altair Resources is operating at the current time. Most of Altair Resources' value examination focuses on studying past and present price action to predict the probability of Altair Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altair Resources' price. Additionally, you may evaluate how the addition of Altair Resources to your portfolios can decrease your overall portfolio volatility.