Renovorx Stock Current Valuation
| RNXT Stock | USD 1.29 0.08 6.61% |
Valuation analysis of RenovoRx helps investors to measure RenovoRx's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. Enterprise Value is likely to gain to about 44.5 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (2.06) in 2024. Fundamental drivers impacting RenovoRx's valuation include:
Price Book 4.3787 | Enterprise Value 21.4 M | Enterprise Value Ebitda (4.72) |
Undervalued
Today
Please note that RenovoRx's price fluctuation is risky at this time. Calculation of the real value of RenovoRx is based on 3 months time horizon. Increasing RenovoRx's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
RenovoRx's intrinsic value may or may not be the same as its current market price of 1.29, 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 1.29 | Real 3.66 | Target 11.0 | Hype 1.24 | Naive 1.3 |
The intrinsic value of RenovoRx'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 RenovoRx'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 RenovoRx helps investors to forecast how RenovoRx stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of RenovoRx more accurately as focusing exclusively on RenovoRx's fundamentals will not take into account other important factors: RenovoRx Company Current Valuation Analysis
RenovoRx'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 RenovoRx Current Valuation | 21.4 M |
Most of RenovoRx'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, RenovoRx is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
RenovoRx Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for RenovoRx is extremely important. It helps to project a fair market value of RenovoRx Stock properly, considering its historical fundamentals such as Current Valuation. Since RenovoRx'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 RenovoRx'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 RenovoRx's interrelated accounts and indicators.
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RenovoRx Current Valuation Historical Pattern
Today, most investors in RenovoRx Stock are looking for potential investment opportunities by analyzing not only static indicators but also various RenovoRx'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 current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of RenovoRx current valuation as a starting point in their analysis.
RenovoRx Current Valuation |
| Timeline |
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.
| Competition |
In accordance with the recently published financial statements, RenovoRx has a Current Valuation of 21.4 M. This is 99.85% lower than that of the Biotechnology sector and 99.54% lower than that of the Health Care industry. The current valuation for all United States stocks is 99.87% higher than that of the company.
RenovoRx Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses RenovoRx's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of RenovoRx could also be used in its relative valuation, which is a method of valuing RenovoRx by comparing valuation metrics of similar companies.RenovoRx is currently under evaluation in current valuation category among its peers.
RenovoRx Fundamentals
| Return On Equity | -1.55 | ||||
| Return On Asset | -0.7 | ||||
| Current Valuation | 21.4 M | ||||
| Shares Outstanding | 24 M | ||||
| Shares Owned By Insiders | 1.90 % | ||||
| Shares Owned By Institutions | 8.18 % | ||||
| Number Of Shares Shorted | 71.85 K | ||||
| Price To Book | 4.38 X | ||||
| EBITDA | (11.39 M) | ||||
| Net Income | (10.23 M) | ||||
| Cash And Equivalents | 10.77 M | ||||
| Cash Per Share | 1.19 X | ||||
| Total Debt | 4.47 M | ||||
| Current Ratio | 10.01 X | ||||
| Book Value Per Share | (0.28) X | ||||
| Cash Flow From Operations | (10.26 M) | ||||
| Short Ratio | 3.43 X | ||||
| Earnings Per Share | (0.58) X | ||||
| Target Price | 5.25 | ||||
| Beta | 0.99 | ||||
| Market Capitalization | 30.96 M | ||||
| Total Asset | 1.47 M | ||||
| Retained Earnings | (41.41 M) | ||||
| Working Capital | 291 K | ||||
| Net Asset | 1.47 M |
About RenovoRx Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze RenovoRx's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RenovoRx using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RenovoRx 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 RenovoRx Stock Analysis
When running RenovoRx's price analysis, check to measure RenovoRx'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 RenovoRx is operating at the current time. Most of RenovoRx's value examination focuses on studying past and present price action to predict the probability of RenovoRx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RenovoRx's price. Additionally, you may evaluate how the addition of RenovoRx to your portfolios can decrease your overall portfolio volatility.