Illumin Holdings Stock Price To Sales
| ILLM Stock | 1.85 0.02 1.09% |
illumin Holdings fundamentals help investors to digest information that contributes to Illumin Holdings' financial success or failures. It also enables traders to predict the movement of Illumin Stock. The fundamental analysis module provides a way to measure Illumin Holdings' 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 Illumin Holdings stock.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 0.69 | 1.29 |
Illumin | Price To Sales |
illumin Holdings Company Price To Sales Analysis
Illumin Holdings' 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 Illumin Holdings Price To Sales | 0.77 X |
Most of Illumin Holdings' 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, illumin Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Illumin Price To Sales Driver Correlations
Understanding the fundamental principles of building solid financial models for Illumin Holdings is extremely important. It helps to project a fair market value of Illumin Stock properly, considering its historical fundamentals such as Price To Sales. Since Illumin Holdings' 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 Illumin Holdings' 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 Illumin Holdings' 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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Illumin Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, illumin Holdings has a Price To Sales of 0.7701 times. This is 97.13% lower than that of the Media sector and significantly higher than that of the Communication Services industry. The price to sales for all Canada stocks is 93.26% higher than that of the company.
Illumin Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Illumin Holdings' 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 Illumin Holdings could also be used in its relative valuation, which is a method of valuing Illumin Holdings by comparing valuation metrics of similar companies.Illumin Holdings is currently under evaluation in price to sales category among its peers.
Illumin Holdings Current Valuation Drivers
We derive many important indicators used in calculating different scores of Illumin Holdings from analyzing Illumin Holdings' financial statements. These drivers represent accounts that assess Illumin Holdings' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Illumin Holdings' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 62.0M | 710.5M | 274.3M | 123.4M | 86.9M | 100.7M | |
| Enterprise Value | 82.1M | 705.0M | 183.1M | 48.4M | 39.4M | 37.5M |
Illumin Fundamentals
| Return On Equity | -0.0463 | ||||
| Return On Asset | -0.0424 | ||||
| Profit Margin | (0.03) % | ||||
| Operating Margin | (0.09) % | ||||
| Current Valuation | 48.12 M | ||||
| Shares Outstanding | 50.83 M | ||||
| Shares Owned By Insiders | 12.29 % | ||||
| Shares Owned By Institutions | 0.08 % | ||||
| Number Of Shares Shorted | 75.11 K | ||||
| Price To Book | 1.25 X | ||||
| Price To Sales | 0.77 X | ||||
| Revenue | 126.32 M | ||||
| Gross Profit | 60.79 M | ||||
| EBITDA | (5.89 M) | ||||
| Net Income | (10.99 M) | ||||
| Cash And Equivalents | 85.94 M | ||||
| Total Debt | 7.99 M | ||||
| Book Value Per Share | 1.57 X | ||||
| Cash Flow From Operations | (1.39 M) | ||||
| Short Ratio | 2.67 X | ||||
| Earnings Per Share | (0.11) X | ||||
| Target Price | 2.9 | ||||
| Number Of Employees | 243 | ||||
| Beta | 2.22 | ||||
| Market Capitalization | 93.02 M | ||||
| Total Asset | 116.89 M | ||||
| Retained Earnings | (32.33 M) | ||||
| Working Capital | 90.23 M | ||||
| Net Asset | 116.89 M |
About Illumin Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze illumin Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Illumin Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of illumin Holdings 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 Illumin Holdings
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 Illumin Holdings 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 Illumin Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with Illumin Stock
The ability to find closely correlated positions to Illumin Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Illumin Holdings 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 Illumin Holdings - 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 illumin Holdings to buy it.
The correlation of Illumin Holdings 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 Illumin Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if illumin Holdings 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 Illumin Holdings 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 Illumin Stock
Illumin Holdings financial ratios help investors to determine whether Illumin 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 Illumin with respect to the benefits of owning Illumin Holdings security.