Allego Inc Stock Book Value Per Share

ALLGDelisted Stock  USD 1.91  0.01  0.53%   
Allego Inc fundamentals help investors to digest information that contributes to Allego's financial success or failures. It also enables traders to predict the movement of Allego Stock. The fundamental analysis module provides a way to measure Allego'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 Allego stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Allego Inc Company Book Value Per Share Analysis

Allego's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Book Value per Share

 = 

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current Allego Book Value Per Share

    
  (0.29) X  
Most of Allego's fundamental indicators, such as Book Value 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, Allego Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Competition

In accordance with the recently published financial statements, the book value per share of Allego Inc is about -0.294 times. This is 100.33% lower than that of the Automobile Components sector and 102.56% lower than that of the Consumer Discretionary industry. The book value per share for all United States stocks is 100.02% higher than that of the company.

Allego Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Allego's direct or indirect competition against its Book Value 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 Allego could also be used in its relative valuation, which is a method of valuing Allego by comparing valuation metrics of similar companies.
Allego is currently under evaluation in book value per share category among its peers.

Allego Fundamentals

About Allego Fundamental Analysis

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

Currently Active Assets on Macroaxis

Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Other Consideration for investing in Allego Stock

If you are still planning to invest in Allego Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Allego's history and understand the potential risks before investing.
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