Ignyte Acquisition Corp Stock Current Valuation
PKBODelisted Stock | USD 1.31 0.09 6.43% |
Valuation analysis of Ignyte Acquisition Corp helps investors to measure Ignyte Acquisition's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that Ignyte Acquisition's price fluctuation is very steady at this time. Calculation of the real value of Ignyte Acquisition Corp is based on 3 months time horizon. Increasing Ignyte Acquisition's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Ignyte Acquisition is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Ignyte Pink Sheet. However, Ignyte Acquisition's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. Historical | Market 1.31 | Real 1.24 | Hype 1.31 |
The intrinsic value of Ignyte Acquisition's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Ignyte Acquisition's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Ignyte Acquisition Corp helps investors to forecast how Ignyte pink sheet's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Ignyte Acquisition more accurately as focusing exclusively on Ignyte Acquisition's fundamentals will not take into account other important factors: Ignyte Acquisition Corp Company Current Valuation Analysis
Ignyte Acquisition's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Ignyte Acquisition Current Valuation | 109.04 M |
Most of Ignyte Acquisition's fundamental indicators, such as Current Valuation, 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, Ignyte Acquisition Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
CompetitionIn accordance with the recently published financial statements, Ignyte Acquisition Corp has a Current Valuation of 109.04 M. This is 99.24% lower than that of the Healthcare sector and 97.65% lower than that of the Biotechnology industry. The current valuation for all United States stocks is 99.34% higher than that of the company.
Ignyte Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ignyte Acquisition's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Ignyte Acquisition could also be used in its relative valuation, which is a method of valuing Ignyte Acquisition by comparing valuation metrics of similar companies.Ignyte Acquisition is currently under evaluation in current valuation category among its peers.
Ignyte Fundamentals
Operating Margin | (23.28) % | |||
Current Valuation | 109.04 M | |||
Shares Outstanding | 21.71 M | |||
Shares Owned By Insiders | 33.80 % | |||
Shares Owned By Institutions | 19.60 % | |||
Number Of Shares Shorted | 29.05 K | |||
Price To Sales | 252.17 X | |||
Revenue | 377.14 K | |||
Gross Profit | (6.6 M) | |||
EBITDA | (8.61 M) | |||
Net Income | (8.29 M) | |||
Cash And Equivalents | 147.56 K | |||
Cash Per Share | 0.02 X | |||
Total Debt | 6.22 M | |||
Current Ratio | 0.18 X | |||
Book Value Per Share | (0.65) X | |||
Cash Flow From Operations | (8.86 M) | |||
Short Ratio | 0.35 X | |||
Target Price | 15.0 | |||
Number Of Employees | 30 | |||
Beta | -0.7 | |||
Market Capitalization | 17.95 M | |||
Z Score | 1.73 |
About Ignyte Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ignyte Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ignyte Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ignyte Acquisition 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.
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Other Consideration for investing in Ignyte Pink Sheet
If you are still planning to invest in Ignyte Acquisition Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ignyte Acquisition's history and understand the potential risks before investing.
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