Oneconnect Financial Technology Stock Price To Sales

OCFT Stock  USD 2.49  0.18  7.79%   
Oneconnect Financial Technology fundamentals help investors to digest information that contributes to Oneconnect Financial's financial success or failures. It also enables traders to predict the movement of Oneconnect Stock. The fundamental analysis module provides a way to measure Oneconnect Financial'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 Oneconnect Financial stock.
Last ReportedProjected for Next Year
Price To Sales Ratio 6.81  6.47 
Price To Sales Ratio is likely to drop to 6.47 in 2024.
  
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Oneconnect Financial Technology Company Price To Sales Analysis

Oneconnect Financial'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 Oneconnect Financial Price To Sales

    
  0.03 X  
Most of Oneconnect Financial'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, Oneconnect Financial Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Oneconnect Price To Sales Driver Correlations

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

Today, most investors in Oneconnect Financial Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Oneconnect Financial'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 Oneconnect Financial price to sales as a starting point in their analysis.
   Oneconnect Financial 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

Oneconnect Price To Sales Ratio

Price To Sales Ratio

6.47

At this time, Oneconnect Financial's Price To Sales Ratio is comparatively stable compared to the past year.
Based on the latest financial disclosure, Oneconnect Financial Technology has a Price To Sales of 0.0301 times. This is 99.37% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The price to sales for all United States stocks is 99.74% higher than that of the company.

Oneconnect Price To Sales Peer Comparison

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

Oneconnect Financial Current Valuation Drivers

We derive many important indicators used in calculating different scores of Oneconnect Financial from analyzing Oneconnect Financial's financial statements. These drivers represent accounts that assess Oneconnect Financial's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Oneconnect Financial's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap21.9B45.6B5.8B1.3B25.0B23.3B
Enterprise Value24.0B44.9B5.2B(225.3M)24.0B23.6B

Oneconnect Financial 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, Oneconnect Financial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Oneconnect Financial's managers, analysts, and investors.
Environmental
Governance
Social

Oneconnect Fundamentals

About Oneconnect Financial Fundamental Analysis

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

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Additional Tools for Oneconnect Stock Analysis

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