Idex Biometrics Asa Stock Price To Earning
IDXAFDelisted Stock | USD 0.17 0.00 0.00% |
IDEX Biometrics ASA fundamentals help investors to digest information that contributes to IDEX Biometrics' financial success or failures. It also enables traders to predict the movement of IDEX Pink Sheet. The fundamental analysis module provides a way to measure IDEX Biometrics' 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 IDEX Biometrics pink sheet.
IDEX |
IDEX Biometrics ASA Company Price To Earning Analysis
IDEX Biometrics' 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.
Current IDEX Biometrics Price To Earning | (15.06) X |
Most of IDEX Biometrics' fundamental indicators, such as Price To Earning, 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, IDEX Biometrics ASA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionBased on the latest financial disclosure, IDEX Biometrics ASA has a Price To Earning of -15.06 times. This is 154.41% lower than that of the Technology sector and significantly lower than that of the Software—Application industry. The price to earning for all United States stocks is 152.44% higher than that of the company.
IDEX Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IDEX Biometrics' direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of IDEX Biometrics could also be used in its relative valuation, which is a method of valuing IDEX Biometrics by comparing valuation metrics of similar companies.IDEX Biometrics is currently under evaluation in price to earning category among its peers.
IDEX Fundamentals
Return On Equity | -2.19 | |||
Return On Asset | -1.05 | |||
Operating Margin | (8.78) % | |||
Current Valuation | 128.98 M | |||
Shares Outstanding | 1.17 B | |||
Shares Owned By Insiders | 21.25 % | |||
Shares Owned By Institutions | 12.48 % | |||
Price To Earning | (15.06) X | |||
Price To Book | 4.70 X | |||
Price To Sales | 49.94 X | |||
Revenue | 2.84 M | |||
Gross Profit | 1.59 M | |||
EBITDA | (30.63 M) | |||
Net Income | (32.55 M) | |||
Cash And Equivalents | 16.32 M | |||
Cash Per Share | 0.02 X | |||
Total Debt | 119 K | |||
Debt To Equity | 0.01 % | |||
Current Ratio | 7.85 X | |||
Book Value Per Share | 0.01 X | |||
Cash Flow From Operations | (27.53 M) | |||
Earnings Per Share | (0.04) X | |||
Number Of Employees | 92 | |||
Beta | 2.25 | |||
Market Capitalization | 93.31 M | |||
Total Asset | 42.13 M | |||
Net Asset | 42.13 M |
About IDEX Biometrics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze IDEX Biometrics ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IDEX Biometrics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of IDEX Biometrics ASA 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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Check out Risk vs Return Analysis 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 nation. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Other Consideration for investing in IDEX Pink Sheet
If you are still planning to invest in IDEX Biometrics ASA 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 IDEX Biometrics' history and understand the potential risks before investing.
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