Nubeva Technologies Stock Price To Sales

NBVA Stock  CAD 0.21  0.03  12.50%   
Nubeva Technologies fundamentals help investors to digest information that contributes to Nubeva Technologies' financial success or failures. It also enables traders to predict the movement of Nubeva Stock. The fundamental analysis module provides a way to measure Nubeva 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 Nubeva Technologies stock.
Last ReportedProjected for Next Year
Price To Sales Ratio 9.34  8.88 
Price To Sales Ratio is likely to drop to 8.88 in 2024.
  
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Nubeva Technologies Company Price To Sales Analysis

Nubeva 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

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Current Nubeva Technologies Price To Sales

    
  15.70 X  
Most of Nubeva 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, Nubeva Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Nubeva Price To Sales Driver Correlations

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

Nubeva Price To Sales Ratio

Price To Sales Ratio

8.88

At this time, Nubeva Technologies' Price To Sales Ratio is fairly stable compared to the past year.
Based on the latest financial disclosure, Nubeva Technologies has a Price To Sales of 15.6994 times. This is 229.13% higher than that of the Software sector and 158.21% higher than that of the Information Technology industry. The price to sales for all Canada stocks is 37.47% lower than that of the firm.

Nubeva Price To Sales Peer Comparison

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

Nubeva Technologies Current Valuation Drivers

We derive many important indicators used in calculating different scores of Nubeva Technologies from analyzing Nubeva Technologies' financial statements. These drivers represent accounts that assess Nubeva Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Nubeva Technologies' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap3.2M60.1M58.8M56.3M16.7M26.9M
Enterprise Value1.7M58.0M54.8M52.7M13.1M24.1M

Nubeva Fundamentals

About Nubeva Technologies Fundamental Analysis

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

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Nubeva Stock Analysis

When running Nubeva Technologies' price analysis, check to measure Nubeva Technologies' 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 Nubeva Technologies is operating at the current time. Most of Nubeva Technologies' value examination focuses on studying past and present price action to predict the probability of Nubeva Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nubeva Technologies' price. Additionally, you may evaluate how the addition of Nubeva Technologies to your portfolios can decrease your overall portfolio volatility.