Able View Global Stock Price To Sales

ABLVW Stock

0.02 0.00 0.00%

Able View Global fundamentals help investors to digest information that contributes to Able View's financial success or failures. It also enables traders to predict the movement of Able Stock. The fundamental analysis module provides a way to measure Able View'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 Able View stock.

		Last Reported	Projected for Next Year
	Price To Sales Ratio	0.74	0.70

Price To Sales Ratio is likely to drop to 0.70 in 2024.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Able View Global Company Price To Sales Analysis

Able View'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.

Current Able View Price To Sales

0.7

Most of Able View's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Able View Global is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Able Price To Sales Driver Correlations

Understanding the fundamental principles of building solid financial models for Able View is extremely important. It helps to project a fair market value of Able Stock properly, considering its historical fundamentals such as Price To Sales. Since Able View's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Able View's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Able View's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Short Term Debt	Common Stock
Total Assets		-0.06	0.28	-0.08	-0.34	0.8	0.95	0.99	0.93	0.52	1.0	0.68	0.9	0.68	0.68
Total Stockholder Equity	-0.06		0.2	-0.93	0.93	0.48	-0.36	-0.18	-0.4	-0.85	-0.1	0.48	0.14	-0.77	0.48
Current Deferred Revenue	0.28	0.2		-0.13	0.24	0.62	0.17	0.26	0.13	-0.01	0.3	-0.04	-0.04	-0.03	-0.04
Net Debt	-0.08	-0.93	-0.13		-0.75	-0.53	0.2	0.04	0.2	0.81	-0.03	-0.69	-0.24	0.6	-0.69
Retained Earnings	-0.34	0.93	0.24	-0.75		0.25	-0.61	-0.44	-0.66	-0.88	-0.38	0.12	-0.16	-0.91	0.12
Accounts Payable	0.8	0.48	0.62	-0.53	0.25		0.58	0.73	0.54	-0.02	0.78	0.71	0.71	0.13	0.71
Net Receivables	0.95	-0.36	0.17	0.2	-0.61	0.58		0.98	0.99	0.74	0.96	0.51	0.81	0.87	0.51
Total Liab	0.99	-0.18	0.26	0.04	-0.44	0.73	0.98		0.96	0.62	1.0	0.61	0.87	0.76	0.61
Net Invested Capital	0.93	-0.4	0.13	0.2	-0.66	0.54	0.99	0.96		0.74	0.94	0.52	0.78	0.89	0.52
Short Long Term Debt	0.52	-0.85	-0.01	0.81	-0.88	-0.02	0.74	0.62	0.74		0.56	-0.16	0.34	0.94	-0.16
Total Current Assets	1.0	-0.1	0.3	-0.03	-0.38	0.78	0.96	1.0	0.94	0.56		0.65	0.88	0.71	0.65
Capital Stock	0.68	0.48	-0.04	-0.69	0.12	0.71	0.51	0.61	0.52	-0.16	0.65		0.8	0.13	1.0
Net Working Capital	0.9	0.14	-0.04	-0.24	-0.16	0.71	0.81	0.87	0.78	0.34	0.88	0.8		0.49	0.8
Short Term Debt	0.68	-0.77	-0.03	0.6	-0.91	0.13	0.87	0.76	0.89	0.94	0.71	0.13	0.49		0.13
Common Stock	0.68	0.48	-0.04	-0.69	0.12	0.71	0.51	0.61	0.52	-0.16	0.65	1.0	0.8	0.13

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Able Price To Sales Historical Pattern

Today, most investors in Able View Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Able View's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to sales growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Able View price to sales as a starting point in their analysis.

Able View Price To Sales

Timeline

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

Able Price To Sales Ratio

Price To Sales Ratio

0.7

At this time, Able View's Price To Sales Ratio is fairly stable compared to the past year.

Able Price To Sales Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Able View'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 Able View could also be used in its relative valuation, which is a method of valuing Able View by comparing valuation metrics of similar companies.

Able View is currently under evaluation in price to sales category among its peers.

Able Fundamentals

	Return On Equity	1.15
	Return On Asset	0.15
	Profit Margin	0.07 %
	Operating Margin	0.08 %
	Number Of Shares Shorted	511
	Revenue	149 M
	EBITDA	13.41 M
	Net Income	9.75 M
	Total Debt	4.65 M
	Book Value Per Share	0.27 X
	Cash Flow From Operations	23.57 M
	Number Of Employees	98
	Beta	2.87
	Total Asset	54.91 M
	Retained Earnings	9.46 M
	Working Capital	32.88 M
	Net Asset	54.91 M

About Able View Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Able View Global's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Able View using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Able View Global 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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Additional Tools for Able Stock Analysis

When running Able View's price analysis, check to measure Able View'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 Able View is operating at the current time. Most of Able View's value examination focuses on studying past and present price action to predict the probability of Able View's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Able View's price. Additionally, you may evaluate how the addition of Able View to your portfolios can decrease your overall portfolio volatility.

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