Neovolta Common Stock Stock Price To Sales

NEOV Stock  USD 5.57  0.23  3.97%   
NeoVolta Common Stock fundamentals help investors to digest information that contributes to NeoVolta Common's financial success or failures. It also enables traders to predict the movement of NeoVolta Stock. The fundamental analysis module provides a way to measure NeoVolta Common'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 NeoVolta Common stock.
Last ReportedProjected for Next Year
Price To Sales Ratio 31.27  18.82 
Price To Sales Ratio is likely to drop to 18.82 in 2024.
  
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NeoVolta Common Stock Company Price To Sales Analysis

NeoVolta Common'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.

P/S

 = 

MV Per Share

Revenue Per Share

More About Price To Sales | All Equity Analysis

Current NeoVolta Common Price To Sales

    
  78.30 X  
Most of NeoVolta Common'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, NeoVolta Common Stock is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

NeoVolta Price To Sales Driver Correlations

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

Today, most investors in NeoVolta Common Stock are looking for potential investment opportunities by analyzing not only static indicators but also various NeoVolta Common's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to sales growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of NeoVolta Common price to sales as a starting point in their analysis.
   NeoVolta Common Price To Sales   
       Timeline  
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

NeoVolta Price To Sales Ratio

Price To Sales Ratio

18.82

At this time, NeoVolta Common's Price To Sales Ratio is fairly stable compared to the past year.
Based on the latest financial disclosure, NeoVolta Common Stock has a Price To Sales of 78 times. This is 182.27% higher than that of the Machinery sector and significantly higher than that of the Industrials industry. The price to sales for all United States stocks is notably lower than that of the firm.

NeoVolta Price To Sales Peer Comparison

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

NeoVolta Common Current Valuation Drivers

We derive many important indicators used in calculating different scores of NeoVolta Common from analyzing NeoVolta Common's financial statements. These drivers represent accounts that assess NeoVolta Common's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of NeoVolta Common's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap28.2M117.4M78.9M104.9M82.7M47.7M
Enterprise Value26.9M116.9M79.7M102.9M81.7M46.9M

NeoVolta Common ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, NeoVolta Common's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to NeoVolta Common's managers, analysts, and investors.
Environmental
Governance
Social

NeoVolta Fundamentals

About NeoVolta Common Fundamental Analysis

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

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