Icoreconnect Common Stock Stock Price To Earning
ICCT Stock | USD 0.17 0.01 5.56% |
iCoreConnect Common stock fundamentals help investors to digest information that contributes to ICoreConnect Common's financial success or failures. It also enables traders to predict the movement of ICoreConnect Stock. The fundamental analysis module provides a way to measure ICoreConnect Common'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 ICoreConnect Common stock.
ICoreConnect | Price To Earning |
iCoreConnect Common stock Company Price To Earning Analysis
ICoreConnect Common's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
ICoreConnect Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for ICoreConnect Common is extremely important. It helps to project a fair market value of ICoreConnect Stock properly, considering its historical fundamentals such as Price To Earning. Since ICoreConnect Common'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 ICoreConnect Common'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 ICoreConnect Common's interrelated accounts and indicators.
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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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ICoreConnect Retained Earnings
Retained Earnings |
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Based on the latest financial disclosure, iCoreConnect Common stock has a Price To Earning of 0.0 times. This is 100.0% lower than that of the Health Care Technology sector and about the same as Health Care (which currently averages 0.0) industry. The price to earning for all United States stocks is 100.0% higher than that of the company.
ICoreConnect Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ICoreConnect Common's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ICoreConnect Common could also be used in its relative valuation, which is a method of valuing ICoreConnect Common by comparing valuation metrics of similar companies.ICoreConnect Common is currently under evaluation in price to earning category among its peers.
ICoreConnect Common Current Valuation Drivers
We derive many important indicators used in calculating different scores of ICoreConnect Common from analyzing ICoreConnect Common's financial statements. These drivers represent accounts that assess ICoreConnect Common's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of ICoreConnect Common's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 52.7M | 7.6M | 16.2M | 15.3M | 9.1M | 8.7M | |
Enterprise Value | 53.2M | 9.2M | 20.1M | 21.9M | 15.8M | 15.0M |
ICoreConnect Fundamentals
Return On Equity | -10.42 | ||||
Return On Asset | -0.66 | ||||
Profit Margin | (2.61) % | ||||
Operating Margin | (0.88) % | ||||
Current Valuation | 15.93 M | ||||
Shares Outstanding | 24.32 M | ||||
Shares Owned By Insiders | 33.45 % | ||||
Shares Owned By Institutions | 9.10 % | ||||
Number Of Shares Shorted | 202.98 K | ||||
Price To Book | 8.91 X | ||||
Price To Sales | 0.41 X | ||||
Revenue | 8.15 M | ||||
Gross Profit | 3.38 M | ||||
EBITDA | (11.88 M) | ||||
Net Income | (15.55 M) | ||||
Cash And Equivalents | 164.26 K | ||||
Total Debt | 7.88 M | ||||
Current Ratio | 0.35 X | ||||
Book Value Per Share | 0.44 X | ||||
Cash Flow From Operations | (8.82 M) | ||||
Short Ratio | 0.02 X | ||||
Earnings Per Share | (3.16) X | ||||
Target Price | 0.5 | ||||
Number Of Employees | 67 | ||||
Beta | 0.68 | ||||
Market Capitalization | 4.16 M | ||||
Total Asset | 15.69 M | ||||
Retained Earnings | (115.04 M) | ||||
Working Capital | (5.37 M) | ||||
Net Asset | 15.69 M |
About ICoreConnect Common Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze iCoreConnect Common stock's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ICoreConnect Common using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of iCoreConnect Common stock 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 ICoreConnect Stock Analysis
When running ICoreConnect Common's price analysis, check to measure ICoreConnect Common'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 ICoreConnect Common is operating at the current time. Most of ICoreConnect Common's value examination focuses on studying past and present price action to predict the probability of ICoreConnect Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ICoreConnect Common's price. Additionally, you may evaluate how the addition of ICoreConnect Common to your portfolios can decrease your overall portfolio volatility.