New Millennium Iron Stock Price To Sales
36N Stock | EUR 8.00 0.05 0.62% |
NEW MILLENNIUM IRON fundamentals help investors to digest information that contributes to NEW MILLENNIUM's financial success or failures. It also enables traders to predict the movement of NEW Stock. The fundamental analysis module provides a way to measure NEW MILLENNIUM's 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 NEW MILLENNIUM stock.
NEW |
NEW MILLENNIUM IRON Company Price To Sales Analysis
NEW MILLENNIUM's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Competition |
Based on the latest financial disclosure, NEW MILLENNIUM IRON has a Price To Sales of 0.0 times. This indicator is about the same for the average (which is currently at 0.0) sector and about the same as Other (which currently averages 0.0) industry. This indicator is about the same for all Germany stocks average (which is currently at 0.0).
NEW Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NEW MILLENNIUM's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NEW MILLENNIUM could also be used in its relative valuation, which is a method of valuing NEW MILLENNIUM by comparing valuation metrics of similar companies.NEW MILLENNIUM is currently under evaluation in price to sales category among its peers.
NEW Fundamentals
Current Valuation | 134.11 M | |||
Price To Book | 10.39 X | |||
EBITDA | (12.91 M) | |||
Net Income | (11.93 M) | |||
Cash Flow From Operations | (10.96 M) | |||
Number Of Employees | 25 | |||
Total Asset | 29.29 M | |||
Net Asset | 29.29 M |
About NEW MILLENNIUM Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NEW MILLENNIUM IRON's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NEW MILLENNIUM using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NEW MILLENNIUM IRON 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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.BTC | Bitcoin | |
TRX | TRON | |
BNB | Binance Coin |
Other Information on Investing in NEW Stock
NEW MILLENNIUM financial ratios help investors to determine whether NEW Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NEW with respect to the benefits of owning NEW MILLENNIUM security.