DriveItAway Valuation
| DWAY Stock | USD 0.02 0 16.67% |
DriveItAway seems to be overvalued based on Macroaxis valuation methodology. Our model computes the value of DriveItAway from reviewing the firm fundamentals such as Current Valuation of 4.94 M, shares owned by insiders of 78.90 %, and Price To Book of 4.02 X as well as analyzing its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that DriveItAway's price fluctuation is out of control at this time. Calculation of the real value of DriveItAway is based on 3 months time horizon. Increasing DriveItAway's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since DriveItAway is currently traded on the exchange, buyers and sellers on that exchange determine the market value of DriveItAway Pink Sheet. However, DriveItAway's 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 0.02 | Real 0.0192 | Hype 0.02 |
The intrinsic value of DriveItAway's 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 DriveItAway's 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 DriveItAway helps investors to forecast how DriveItAway pink sheet's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of DriveItAway more accurately as focusing exclusively on DriveItAway's fundamentals will not take into account other important factors: DriveItAway Total Value Analysis
DriveItAway is currently forecasted to have valuation of 4.94 M with market capitalization of 3.13 M, debt of 292.2 K, and cash on hands of 389.66 K. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the DriveItAway fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
4.94 M | 3.13 M | 292.2 K | 389.66 K |
DriveItAway Investor Information
About 79.0% of the company shares are held by company insiders. The company had not issued any dividends in recent years. Based on the key measurements obtained from DriveItAway's financial statements, DriveItAway is not in a good financial situation at this time. It has a very high probability of going through financial hardship in January.DriveItAway Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. DriveItAway has an asset utilization ratio of 18.94 percent. This suggests that the Company is making $0.19 for each dollar of assets. An increasing asset utilization means that DriveItAway is more efficient with each dollar of assets it utilizes for everyday operations.DriveItAway Ownership Allocation
DriveItAway holds a total of 106.55 Million outstanding shares. DriveItAway shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 78.9 percent of DriveItAway outstanding shares that are owned by insiders denotes they have been buying or selling the stock in recent months in anticipation of some upcoming event. 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.DriveItAway Profitability Analysis
The company reported the previous year's revenue of 55.51 K. Net Loss for the year was (1.48 M) with profit before overhead, payroll, taxes, and interest of 16.61 K.About DriveItAway Valuation
Our relative valuation model uses a comparative analysis of DriveItAway. We calculate exposure to DriveItAway's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of DriveItAway's related companies.DriveItAway Inc. develops and offers a cloud platformconsumer application that enables dealers to sell vehicles through eCommerce, with its Pay as You Go app-based subscription program. The company was founded in 2017 and is based in Haddonfield, New Jersey. Driveitaway Hldgs is traded on OTC Exchange in the United States.
8 Steps to conduct DriveItAway's Valuation Analysis
Company's valuation is the process of determining the worth of any company in monetary terms. It estimates DriveItAway's potential worth based on factors such as financial performance, market conditions, growth prospects, and overall economic environment. The result of company valuation is a single number representing a Company's current market value. This value can be used as a benchmark for various financial transactions such as mergers and acquisitions, initial public offerings (IPOs), or private equity investments. To conduct DriveItAway's valuation analysis, follow these 8 steps:- Gather financial information: Obtain DriveItAway's financial statements, including balance sheets, income statements, and cash flow statements.
- Determine DriveItAway's revenue streams: Identify DriveItAway's primary sources of revenue, including products or services offered, target markets, and pricing strategies.
- Analyze market data: Research DriveItAway's industry and market trends, including the size of the market, growth rate, and competition.
- Establish DriveItAway's growth potential: Evaluate DriveItAway's management, business model, and growth potential.
- Determine DriveItAway's financial performance: Analyze its financial statements to assess its historical performance and future potential.
- Choose a valuation method: Consider the Company's specific circumstances and choose an appropriate valuation method, such as the discounted cash flow (DCF) or comparable analysis method.
- Calculate the value: Apply the chosen valuation method to the financial information and market data to calculate DriveItAway's estimated value.
- Review and adjust: Review the results and make necessary adjustments, considering any relevant factors that may have been missed or overlooked.
DriveItAway Growth Indicators
Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines.
| Common Stock Shares Outstanding | 106.6 M | |
| Retained Earnings | -2.4 M |
Additional Tools for DriveItAway Pink Sheet Analysis
When running DriveItAway's price analysis, check to measure DriveItAway's 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 DriveItAway is operating at the current time. Most of DriveItAway's value examination focuses on studying past and present price action to predict the probability of DriveItAway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DriveItAway's price. Additionally, you may evaluate how the addition of DriveItAway to your portfolios can decrease your overall portfolio volatility.