Alliance Entertainment Holding Stock Price To Sales

AENTW Stock   0.16  0.03  15.79%   
Alliance Entertainment Holding fundamentals help investors to digest information that contributes to Alliance Entertainment's financial success or failures. It also enables traders to predict the movement of Alliance Stock. The fundamental analysis module provides a way to measure Alliance Entertainment'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 Alliance Entertainment stock.
Last ReportedProjected for Next Year
Price To Sales Ratio 0.15  0.08 
Price To Sales Ratio is likely to drop to 0.08 in 2024.
  
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Alliance Entertainment Holding Company Price To Sales Analysis

Alliance Entertainment'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 Alliance Entertainment Price To Sales

    
  0.0754  
Most of Alliance Entertainment'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, Alliance Entertainment Holding is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Alliance Price To Sales Driver Correlations

Understanding the fundamental principles of building solid financial models for Alliance Entertainment is extremely important. It helps to project a fair market value of Alliance Stock properly, considering its historical fundamentals such as Price To Sales. Since Alliance Entertainment'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 Alliance Entertainment'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 Alliance Entertainment's interrelated accounts and indicators.
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Alliance Price To Sales Historical Pattern

Today, most investors in Alliance Entertainment Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Alliance Entertainment'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 Alliance Entertainment price to sales as a starting point in their analysis.
   Alliance Entertainment 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

Alliance Price To Sales Ratio

Price To Sales Ratio

0.0754

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

Alliance Price To Sales Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Alliance Entertainment'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 Alliance Entertainment could also be used in its relative valuation, which is a method of valuing Alliance Entertainment by comparing valuation metrics of similar companies.
Alliance Entertainment is currently under evaluation in price to sales category among its peers.

Alliance Fundamentals

About Alliance Entertainment Fundamental Analysis

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

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