Above Food Ingredients Stock Price To Sales
ABVE Stock | 0.67 0.02 2.90% |
Above Food Ingredients fundamentals help investors to digest information that contributes to Above Food's financial success or failures. It also enables traders to predict the movement of Above Stock. The fundamental analysis module provides a way to measure Above Food'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 Above Food stock.
Last Reported | Projected for Next Year | ||
Price To Sales Ratio | 0.30 | 0.28 |
Above | Price To Sales |
Above Food Ingredients Company Price To Sales Analysis
Above Food'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 Above Food Price To Sales | 0.05 X |
Most of Above Food'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, Above Food Ingredients is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Above Price To Sales Driver Correlations
Understanding the fundamental principles of building solid financial models for Above Food is extremely important. It helps to project a fair market value of Above Stock properly, considering its historical fundamentals such as Price To Sales. Since Above Food'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 Above Food'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 Above Food's interrelated accounts and indicators.
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Above Price To Sales Historical Pattern
Today, most investors in Above Food Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Above Food'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 Above Food price to sales as a starting point in their analysis.
Above Food Price To Sales |
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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.
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Above Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Above Food Ingredients has a Price To Sales of 0.049 times. This is 97.98% lower than that of the Food Products sector and 99.58% lower than that of the Consumer Staples industry. The price to sales for all United States stocks is 99.57% higher than that of the company.
Above Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Above Food'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 Above Food could also be used in its relative valuation, which is a method of valuing Above Food by comparing valuation metrics of similar companies.Above Food is currently under evaluation in price to sales category among its peers.
Above Fundamentals
Return On Asset | -0.16 | ||||
Profit Margin | (0.14) % | ||||
Operating Margin | (0.17) % | ||||
Current Valuation | 103.9 M | ||||
Shares Outstanding | 28.5 M | ||||
Shares Owned By Insiders | 19.12 % | ||||
Shares Owned By Institutions | 4.36 % | ||||
Number Of Shares Shorted | 31.41 K | ||||
Price To Sales | 0.05 X | ||||
Revenue | 368.42 M | ||||
EBITDA | (38.25 M) | ||||
Net Income | (53.31 M) | ||||
Total Debt | 117.51 M | ||||
Book Value Per Share | (0.59) X | ||||
Cash Flow From Operations | 7.15 M | ||||
Short Ratio | 0.14 X | ||||
Earnings Per Share | (1.52) X | ||||
Beta | -0.047 | ||||
Market Capitalization | 18.07 M | ||||
Total Asset | 143.89 M | ||||
Retained Earnings | (103.88 M) | ||||
Working Capital | (85.41 M) | ||||
Net Asset | 143.89 M |
About Above Food Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Above Food Ingredients's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Above Food using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Above Food Ingredients 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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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.When determining whether Above Food Ingredients is a strong investment it is important to analyze Above Food's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Above Food's future performance. For an informed investment choice regarding Above Stock, refer to the following important reports:Check out Above Food Piotroski F Score and Above Food Altman Z Score analysis. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Agricultural Products & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Above Food. If investors know Above will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Above Food listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.52) | Revenue Per Share 4.753 | Quarterly Revenue Growth (0.23) | Return On Assets (0.16) |
The market value of Above Food Ingredients is measured differently than its book value, which is the value of Above that is recorded on the company's balance sheet. Investors also form their own opinion of Above Food's value that differs from its market value or its book value, called intrinsic value, which is Above Food's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Above Food's market value can be influenced by many factors that don't directly affect Above Food's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Above Food's value and its price as these two are different measures arrived at by different means. Investors typically determine if Above Food is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Above Food's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.