Avalon Advanced Materials Stock Price To Sales
| AVL Stock | CAD 0.04 0.01 20.00% |
Avalon Advanced Materials fundamentals help investors to digest information that contributes to Avalon Advanced's financial success or failures. It also enables traders to predict the movement of Avalon Stock. The fundamental analysis module provides a way to measure Avalon Advanced'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 Avalon Advanced stock.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 1.6 K | 1.6 K |
Avalon | Price To Sales |
Avalon Advanced Materials Company Price To Sales Analysis
Avalon Advanced'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 Avalon Advanced Price To Sales | 228.32 X |
Most of Avalon Advanced'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, Avalon Advanced Materials is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Avalon Price To Sales Driver Correlations
Understanding the fundamental principles of building solid financial models for Avalon Advanced is extremely important. It helps to project a fair market value of Avalon Stock properly, considering its historical fundamentals such as Price To Sales. Since Avalon Advanced'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 Avalon Advanced'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 Avalon Advanced's interrelated accounts and indicators.
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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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Avalon Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Avalon Advanced Materials has a Price To Sales of 228 times. This is much higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The price to sales for all Canada stocks is notably lower than that of the firm.
Avalon Advanced Current Valuation Drivers
We derive many important indicators used in calculating different scores of Avalon Advanced from analyzing Avalon Advanced's financial statements. These drivers represent accounts that assess Avalon Advanced's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Avalon Advanced's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 23.4M | 42.6M | 54.4M | 63.8M | 57.5M | 56.1M | |
| Enterprise Value | 23.0M | 44.4M | 55.9M | 64.6M | 58.1M | 51.1M |
Avalon Fundamentals
| Return On Equity | -4.0E-4 | ||||
| Return On Asset | -0.027 | ||||
| Profit Margin | (0.49) % | ||||
| Operating Margin | (56.24) % | ||||
| Current Valuation | 24.9 M | ||||
| Shares Outstanding | 565.08 M | ||||
| Shares Owned By Insiders | 21.00 % | ||||
| Number Of Shares Shorted | 375.06 K | ||||
| Price To Earning | 37.50 X | ||||
| Price To Book | 0.17 X | ||||
| Price To Sales | 228.32 X | ||||
| Revenue | 45 K | ||||
| Gross Profit | 21.77 K | ||||
| EBITDA | (3.77 M) | ||||
| Net Income | (3.32 M) | ||||
| Cash And Equivalents | 4.12 M | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 3.3 M | ||||
| Debt To Equity | 0.04 % | ||||
| Current Ratio | 2.45 X | ||||
| Book Value Per Share | 0.23 X | ||||
| Cash Flow From Operations | (2.62 M) | ||||
| Short Ratio | 1.44 X | ||||
| Target Price | 1.45 | ||||
| Beta | 1.89 | ||||
| Market Capitalization | 22.6 M | ||||
| Total Asset | 131.05 M | ||||
| Retained Earnings | (97.8 M) | ||||
| Working Capital | 652.44 K | ||||
| Current Asset | 1.89 M | ||||
| Current Liabilities | 1.23 M | ||||
| Net Asset | 131.05 M |
About Avalon Advanced Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Avalon Advanced Materials's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Avalon Advanced using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Avalon Advanced Materials 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.
Pair Trading with Avalon Advanced
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Avalon Advanced position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Avalon Advanced will appreciate offsetting losses from the drop in the long position's value.Moving against Avalon Stock
| 0.57 | BOFA | Bank of America | PairCorr |
| 0.55 | TD-PFI | Toronto Dominion Bank | PairCorr |
| 0.53 | FDY | Faraday Copper Corp | PairCorr |
| 0.53 | JPM | JPMorgan Chase | PairCorr |
| 0.52 | RY-PS | Royal Bank | PairCorr |
The ability to find closely correlated positions to Avalon Advanced could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avalon Advanced when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Avalon Advanced - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Avalon Advanced Materials to buy it.
The correlation of Avalon Advanced is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Avalon Advanced moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avalon Advanced Materials moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Avalon Advanced can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Avalon Stock
Avalon Advanced financial ratios help investors to determine whether Avalon Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Avalon with respect to the benefits of owning Avalon Advanced security.