Innovotech Stock Price To Sales
| IOT Stock | CAD 0.19 0.01 5.56% |
Innovotech fundamentals help investors to digest information that contributes to Innovotech's financial success or failures. It also enables traders to predict the movement of Innovotech Stock. The fundamental analysis module provides a way to measure Innovotech'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 Innovotech stock.
Innovotech | Price To Sales |
Innovotech Company Price To Sales Analysis
Innovotech'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 Innovotech Price To Sales | 7.05 X |
Most of Innovotech'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, Innovotech is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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, Innovotech has a Price To Sales of 7.0538 times. This is 67.04% lower than that of the Biotechnology sector and 92.83% lower than that of the Health Care industry. The price to sales for all Canada stocks is 38.23% higher than that of the company.
Did you try this?
Run Earnings Calls Now
Earnings CallsCheck upcoming earnings announcements updated hourly across public exchanges |
| All Next | Launch Module |
Innovotech Fundamentals
| Return On Equity | -0.4 | ||||
| Return On Asset | -0.33 | ||||
| Profit Margin | (0.30) % | ||||
| Operating Margin | (0.29) % | ||||
| Current Valuation | 8.64 M | ||||
| Shares Outstanding | 49.52 M | ||||
| Shares Owned By Insiders | 44.34 % | ||||
| Number Of Shares Shorted | 15 | ||||
| Price To Earning | 29.17 X | ||||
| Price To Book | 11.89 X | ||||
| Price To Sales | 7.05 X | ||||
| Revenue | 1.18 M | ||||
| Gross Profit | 1.12 M | ||||
| EBITDA | (570.64 K) | ||||
| Net Income | (157.58 K) | ||||
| Cash And Equivalents | 602.87 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 217.93 K | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 8.96 X | ||||
| Book Value Per Share | 0.02 X | ||||
| Cash Flow From Operations | (228.08 K) | ||||
| Earnings Per Share | (0.01) X | ||||
| Beta | 1.22 | ||||
| Market Capitalization | 8.67 M | ||||
| Total Asset | 1.22 M | ||||
| Retained Earnings | (8.55 M) | ||||
| Working Capital | 389.65 K | ||||
| Net Asset | 1.22 M |
About Innovotech Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Innovotech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Innovotech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Innovotech 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.
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Innovotech Stock Analysis
When running Innovotech's price analysis, check to measure Innovotech'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 Innovotech is operating at the current time. Most of Innovotech's value examination focuses on studying past and present price action to predict the probability of Innovotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovotech's price. Additionally, you may evaluate how the addition of Innovotech to your portfolios can decrease your overall portfolio volatility.