Intermap Technologies Corp Stock Price To Sales

IMP Stock  CAD 1.57  0.08  4.85%   
Intermap Technologies Corp fundamentals help investors to digest information that contributes to Intermap Technologies' financial success or failures. It also enables traders to predict the movement of Intermap Stock. The fundamental analysis module provides a way to measure Intermap Technologies' 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 Intermap Technologies stock.
Last ReportedProjected for Next Year
Price To Sales Ratio 2.93  3.08 
As of the 28th of November 2024, Price To Sales Ratio is likely to grow to 3.08.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Intermap Technologies Corp Company Price To Sales Analysis

Intermap Technologies' 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.

P/S

 = 

MV Per Share

Revenue Per Share

More About Price To Sales | All Equity Analysis

Current Intermap Technologies Price To Sales

    
  11.53 X  
Most of Intermap Technologies' 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, Intermap Technologies Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Intermap Price To Sales Driver Correlations

Understanding the fundamental principles of building solid financial models for Intermap Technologies is extremely important. It helps to project a fair market value of Intermap Stock properly, considering its historical fundamentals such as Price To Sales. Since Intermap Technologies' 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 Intermap Technologies' 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 Intermap Technologies' interrelated accounts and indicators.
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

Intermap Price To Sales Ratio

Price To Sales Ratio

3.08

At this time, Intermap Technologies' Price To Sales Ratio is very stable compared to the past year.
Based on the latest financial disclosure, Intermap Technologies Corp has a Price To Sales of 11.5334 times. This is 141.79% higher than that of the Software sector and 23.67% lower than that of the Information Technology industry. This indicator is about the same for all Canada stocks average (which is currently at 11.42).

Intermap Price To Sales Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Intermap Technologies' 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 Intermap Technologies could also be used in its relative valuation, which is a method of valuing Intermap Technologies by comparing valuation metrics of similar companies.
Intermap Technologies is currently under evaluation in price to sales category among its peers.

Intermap Technologies Current Valuation Drivers

We derive many important indicators used in calculating different scores of Intermap Technologies from analyzing Intermap Technologies' financial statements. These drivers represent accounts that assess Intermap Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Intermap Technologies' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap3.1M11.0M16.5M14.4M18.2M19.1M
Enterprise Value34.7M10.6M17.5M14.7M18.6M19.5M

Intermap Fundamentals

About Intermap Technologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Intermap Technologies Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Intermap Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Intermap Technologies Corp 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 Intermap Technologies

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 Intermap Technologies 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 Intermap Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving together with Intermap Stock

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  0.86WMT Walmart Inc CDRPairCorr

Moving against Intermap Stock

  0.74PFE Pfizer Inc CDRPairCorr
The ability to find closely correlated positions to Intermap Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Intermap Technologies 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 Intermap Technologies - 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 Intermap Technologies Corp to buy it.
The correlation of Intermap Technologies 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 Intermap Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Intermap Technologies 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 Intermap Technologies 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Intermap Stock

Intermap Technologies financial ratios help investors to determine whether Intermap 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 Intermap with respect to the benefits of owning Intermap Technologies security.