Altair Res Inc Stock Current Valuation
| 90AA Stock | EUR 0.0005 0.00 0.00% |
Valuation analysis of ALTAIR RES INC helps investors to measure ALTAIR RES's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that ALTAIR RES's price fluctuation is very steady at this time. Calculation of the real value of ALTAIR RES INC is based on 3 months time horizon. Increasing ALTAIR RES's 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 RES INC. Since ALTAIR RES is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ALTAIR Stock. However, ALTAIR RES'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 5.0E-4 | Real 4.2E-4 | Hype 5.0E-4 | Naive 5.0E-4 |
The real value of ALTAIR Stock, also known as its intrinsic value, is the underlying worth of ALTAIR RES INC Company, which is reflected in its stock price. It is based on ALTAIR RES's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of ALTAIR RES'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, or news.
Estimating the potential upside or downside of ALTAIR RES INC 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 RES more accurately as focusing exclusively on ALTAIR RES's fundamentals will not take into account other important factors: ALTAIR RES INC Company Current Valuation Analysis
ALTAIR RES's 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.
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.
| Competition |
In accordance with the recently published financial statements, ALTAIR RES INC has a Current Valuation of 0.0. This is 100.0% lower than that of the Basic Materials sector and about the same as Other Industrial Metals & Mining (which currently averages 0.0) industry. The current valuation for all Germany stocks is 100.0% higher than that of the company.
ALTAIR Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ALTAIR RES's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ALTAIR RES could also be used in its relative valuation, which is a method of valuing ALTAIR RES by comparing valuation metrics of similar companies.ALTAIR RES is currently under evaluation in current valuation category among its peers.
ALTAIR Fundamentals
| Return On Asset | -1.93 | |||
| Shares Outstanding | 56.67 M | |||
| Shares Owned By Insiders | 0.97 % | |||
| EBITDA | (227.22 K) | |||
| Net Income | (628.14 K) | |||
| Cash And Equivalents | 12.43 K | |||
| Total Debt | 12 K | |||
| Current Ratio | 0.03 X | |||
| Book Value Per Share | (0.04) X | |||
| Cash Flow From Operations | (181.57 K) | |||
| Earnings Per Share | (0.03) X | |||
| Beta | 3.64 | |||
| Market Capitalization | 663.31 K | |||
| Z Score | 33.0 |
About ALTAIR RES Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ALTAIR RES INC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ALTAIR RES using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ALTAIR RES INC 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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Other Information on Investing in ALTAIR Stock
ALTAIR RES financial ratios help investors to determine whether ALTAIR 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 ALTAIR with respect to the benefits of owning ALTAIR RES security.