Adverum Biotechnologies Stock Cash Per Share

ADVM Stock  USD 6.45  0.29  4.71%   
Adverum Biotechnologies fundamentals help investors to digest information that contributes to Adverum Biotechnologies' financial success or failures. It also enables traders to predict the movement of Adverum Stock. The fundamental analysis module provides a way to measure Adverum Biotechnologies' 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 Adverum Biotechnologies stock.
Last ReportedProjected for Next Year
Cash Per Share 9.57  11.22 
As of the 28th of November 2024, Cash Per Share is likely to grow to 11.22.
  
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Adverum Biotechnologies Company Cash Per Share Analysis

Adverum Biotechnologies' Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Cash Per Share

 = 

Total Cash

Average Shares

More About Cash Per Share | All Equity Analysis

Current Adverum Biotechnologies Cash Per Share

    
  2.37 X  
Most of Adverum Biotechnologies' fundamental indicators, such as Cash Per Share, 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, Adverum Biotechnologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Adverum Cash Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Adverum Biotechnologies is extremely important. It helps to project a fair market value of Adverum Stock properly, considering its historical fundamentals such as Cash Per Share. Since Adverum Biotechnologies' 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 Adverum Biotechnologies' 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 Adverum Biotechnologies' interrelated accounts and indicators.
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Adverum Cash Per Share Historical Pattern

Today, most investors in Adverum Biotechnologies Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Adverum Biotechnologies' 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 cash per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Adverum Biotechnologies cash per share as a starting point in their analysis.
   Adverum Biotechnologies Cash Per Share   
       Timeline  
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Competition

Adverum Common Stock Shares Outstanding

Common Stock Shares Outstanding

18.41 Million

At this time, Adverum Biotechnologies' Common Stock Shares Outstanding is very stable compared to the past year.
In accordance with the recently published financial statements, Adverum Biotechnologies has a Cash Per Share of 2.37 times. This is 45.52% lower than that of the Biotechnology sector and 45.27% lower than that of the Health Care industry. The cash per share for all United States stocks is 52.69% higher than that of the company.

Adverum Cash Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Adverum Biotechnologies' direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Adverum Biotechnologies could also be used in its relative valuation, which is a method of valuing Adverum Biotechnologies by comparing valuation metrics of similar companies.
Adverum Biotechnologies is currently under evaluation in cash per share category among its peers.

Adverum Biotechnologies ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Adverum Biotechnologies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Adverum Biotechnologies' managers, analysts, and investors.
Environmental
Governance
Social

Adverum Fundamentals

About Adverum Biotechnologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Adverum Biotechnologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Adverum Biotechnologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Adverum Biotechnologies 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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When determining whether Adverum Biotechnologies is a strong investment it is important to analyze Adverum Biotechnologies' 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 Adverum Biotechnologies' future performance. For an informed investment choice regarding Adverum Stock, refer to the following important reports:
Check out Adverum Biotechnologies Piotroski F Score and Adverum Biotechnologies Altman Z Score analysis.
To learn how to invest in Adverum Stock, please use our How to Invest in Adverum Biotechnologies guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Biotechnology 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 Adverum Biotechnologies. If investors know Adverum 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 Adverum Biotechnologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.95)
Revenue Per Share
0.059
Quarterly Revenue Growth
(0.70)
Return On Assets
(0.30)
Return On Equity
(0.76)
The market value of Adverum Biotechnologies is measured differently than its book value, which is the value of Adverum that is recorded on the company's balance sheet. Investors also form their own opinion of Adverum Biotechnologies' value that differs from its market value or its book value, called intrinsic value, which is Adverum Biotechnologies' 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 Adverum Biotechnologies' market value can be influenced by many factors that don't directly affect Adverum Biotechnologies' 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 Adverum Biotechnologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Adverum Biotechnologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adverum Biotechnologies' 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.