Argenx Nv Adr Stock Price To Sales

ARGX Stock  USD 605.66  0.26  0.04%   
argenx NV ADR fundamentals help investors to digest information that contributes to Argenx NV's financial success or failures. It also enables traders to predict the movement of Argenx Stock. The fundamental analysis module provides a way to measure Argenx NV'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 Argenx NV stock.
Last ReportedProjected for Next Year
Price To Sales Ratio 17.74  16.85 
Price To Sales Ratio is likely to drop to 16.85 in 2024.
  
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argenx NV ADR Company Price To Sales Analysis

Argenx NV'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.

P/S

 = 

MV Per Share

Revenue Per Share

More About Price To Sales | All Equity Analysis

Current Argenx NV Price To Sales

    
  18.98 X  
Most of Argenx NV'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, argenx NV ADR is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Argenx Price To Sales Driver Correlations

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

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

Argenx Price To Sales Ratio

Price To Sales Ratio

16.85

At this time, Argenx NV's Price To Sales Ratio is fairly stable compared to the past year.
Based on the latest financial disclosure, argenx NV ADR has a Price To Sales of 18.9828 times. This is 11.3% lower than that of the Biotechnology sector and 80.71% lower than that of the Health Care industry. The price to sales for all United States stocks is 66.22% lower than that of the firm.

Argenx Price To Sales Peer Comparison

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

Argenx NV Current Valuation Drivers

We derive many important indicators used in calculating different scores of Argenx NV from analyzing Argenx NV's financial statements. These drivers represent accounts that assess Argenx NV's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Argenx NV's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap5.5B10.9B17.9B20.6B21.7B22.8B
Enterprise Value5.2B9.7B16.6B19.8B19.7B20.7B

Argenx NV 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, Argenx NV's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Argenx NV's managers, analysts, and investors.
Environmental
Governance
Social

Argenx Fundamentals

About Argenx NV Fundamental Analysis

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

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