Elcora Advanced Materials Stock Price To Sales
| ERA Stock | CAD 0.02 0.00 0.00% |
Elcora Advanced Materials fundamentals help investors to digest information that contributes to Elcora Advanced's financial success or failures. It also enables traders to predict the movement of Elcora Stock. The fundamental analysis module provides a way to measure Elcora 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 Elcora Advanced stock.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 37.21 | 33.07 |
Elcora | Price To Sales |
Elcora Advanced Materials Company Price To Sales Analysis
Elcora 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 Elcora Advanced Price To Sales | 28.17 X |
Most of Elcora 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, Elcora Advanced Materials is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Elcora Price To Sales Driver Correlations
Understanding the fundamental principles of building solid financial models for Elcora Advanced is extremely important. It helps to project a fair market value of Elcora Stock properly, considering its historical fundamentals such as Price To Sales. Since Elcora 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 Elcora 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 Elcora 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.
| Competition |
Based on the latest financial disclosure, Elcora Advanced Materials has a Price To Sales of 28.1661 times. This is 6.21% 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 146.64% lower than that of the firm.
Elcora Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elcora Advanced'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 Elcora Advanced could also be used in its relative valuation, which is a method of valuing Elcora Advanced by comparing valuation metrics of similar companies.Elcora Advanced is currently under evaluation in price to sales category among its peers.
Elcora Advanced Current Valuation Drivers
We derive many important indicators used in calculating different scores of Elcora Advanced from analyzing Elcora Advanced's financial statements. These drivers represent accounts that assess Elcora Advanced's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Elcora Advanced's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 2.6M | 10.0M | 6.6M | 21.6M | 5.0M | 9.0M | |
| Enterprise Value | 3.4M | 10.9M | 7.1M | 22.5M | 6.1M | 9.1M |
Elcora Fundamentals
| Return On Equity | -13.89 | ||||
| Return On Asset | -0.33 | ||||
| Operating Margin | (8.04) % | ||||
| Current Valuation | 4.58 M | ||||
| Shares Outstanding | 170.38 M | ||||
| Shares Owned By Insiders | 7.50 % | ||||
| Number Of Shares Shorted | 9.17 K | ||||
| Price To Earning | (5.50) X | ||||
| Price To Book | 135.90 X | ||||
| Price To Sales | 28.17 X | ||||
| Revenue | 120.98 K | ||||
| EBITDA | (953.87 K) | ||||
| Net Income | (1.26 M) | ||||
| Cash And Equivalents | 2.85 K | ||||
| Total Debt | 418.1 K | ||||
| Debt To Equity | 6.50 % | ||||
| Book Value Per Share | (0.01) X | ||||
| Cash Flow From Operations | (146.83 K) | ||||
| Short Ratio | 0.26 X | ||||
| Earnings Per Share | (0.01) X | ||||
| Beta | 0.56 | ||||
| Market Capitalization | 3.41 M | ||||
| Total Asset | 1.72 M | ||||
| Retained Earnings | (26.48 M) | ||||
| Working Capital | (2.4 M) | ||||
| Net Asset | 1.72 M |
About Elcora Advanced Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Elcora Advanced Materials's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elcora Advanced using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elcora 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.
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Additional Tools for Elcora Stock Analysis
When running Elcora Advanced's price analysis, check to measure Elcora Advanced'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 Elcora Advanced is operating at the current time. Most of Elcora Advanced's value examination focuses on studying past and present price action to predict the probability of Elcora Advanced's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elcora Advanced's price. Additionally, you may evaluate how the addition of Elcora Advanced to your portfolios can decrease your overall portfolio volatility.