Spar Group Stock Price To Book

SGRP Stock

USD 2.24 0.03 1.36%

SPAR Group fundamentals help investors to digest information that contributes to SPAR's financial success or failures. It also enables traders to predict the movement of SPAR Stock. The fundamental analysis module provides a way to measure SPAR'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 SPAR stock.

Short Long Term Debt Total Total Assets

As of 11/26/2024, Price To Book Ratio is likely to drop to 0.79.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

SPAR Group Company Price To Book Analysis

SPAR's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

P/B

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

Current SPAR Price To Book

1.77 X

Most of SPAR's fundamental indicators, such as Price To Book, 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, SPAR Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

SPAR Price To Book Driver Correlations

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

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Long Term Debt	Property Plant Equipment	Current Deferred Revenue	Good Will	Treasury Stock	Net Tangible Assets	Total Permanent Equity	Capital Surpluse	Long Term Debt Total	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.85	0.27	0.74	0.94	0.99	0.99	0.88	0.68	-0.4	0.75	-0.4	0.74	0.08	-0.07	0.39	0.74	0.78	0.8	-0.79	0.65	0.67	0.72	0.48
Total Stockholder Equity	0.85		0.25	0.79	0.74	0.8	0.77	0.73	0.55	-0.57	0.84	-0.39	0.57	-0.16	-0.42	0.04	0.87	0.68	0.88	-0.62	0.65	0.68	0.69	0.59
Net Debt	0.27	0.25		0.4	0.29	0.34	0.32	0.54	0.77	-0.06	0.61	0.01	0.13	0.05	-0.18	0.32	0.36	0.34	0.53	-0.22	0.75	0.74	0.56	0.82
Retained Earnings	0.74	0.79	0.4		0.6	0.66	0.69	0.85	0.73	-0.3	0.71	-0.13	0.63	0.11	-0.11	0.17	0.77	0.82	0.9	-0.68	0.53	0.62	0.68	0.58
Accounts Payable	0.94	0.74	0.29	0.6		0.96	0.96	0.83	0.66	-0.36	0.68	-0.46	0.6	0.03	-0.02	0.38	0.67	0.7	0.72	-0.79	0.58	0.59	0.59	0.42
Net Receivables	0.99	0.8	0.34	0.66	0.96		0.99	0.87	0.69	-0.37	0.76	-0.41	0.7	0.09	-0.06	0.42	0.72	0.73	0.77	-0.77	0.7	0.7	0.71	0.51
Total Liab	0.99	0.77	0.32	0.69	0.96	0.99		0.89	0.71	-0.34	0.71	-0.39	0.72	0.12	0.0	0.46	0.69	0.78	0.77	-0.82	0.64	0.65	0.68	0.46
Total Current Assets	0.88	0.73	0.54	0.85	0.83	0.87	0.89		0.9	-0.41	0.83	-0.38	0.66	0.09	-0.12	0.47	0.73	0.84	0.86	-0.79	0.68	0.75	0.79	0.63
Short Term Debt	0.68	0.55	0.77	0.73	0.66	0.69	0.71	0.9		-0.27	0.78	-0.35	0.55	0.15	-0.12	0.51	0.62	0.72	0.81	-0.71	0.77	0.83	0.8	0.8
Intangible Assets	-0.4	-0.57	-0.06	-0.3	-0.36	-0.37	-0.34	-0.41	-0.27		-0.68	0.8	0.11	0.76	0.85	0.05	-0.44	-0.36	-0.45	0.31	-0.19	-0.21	-0.22	-0.19
Common Stock	0.75	0.84	0.61	0.71	0.68	0.76	0.71	0.83	0.78	-0.68		-0.52	0.41	-0.25	-0.58	0.2	0.77	0.64	0.86	-0.55	0.8	0.83	0.79	0.78
Long Term Debt	-0.4	-0.39	0.01	-0.13	-0.46	-0.41	-0.39	-0.38	-0.35	0.8	-0.52		0.0	0.51	0.6	-0.09	-0.3	-0.3	-0.33	0.49	-0.17	-0.18	-0.21	-0.13
Property Plant Equipment	0.74	0.57	0.13	0.63	0.6	0.7	0.72	0.66	0.55	0.11	0.41	0.0		0.56	0.36	0.43	0.51	0.54	0.59	-0.54	0.57	0.65	0.78	0.46
Current Deferred Revenue	0.08	-0.16	0.05	0.11	0.03	0.09	0.12	0.09	0.15	0.76	-0.25	0.51	0.56		0.77	0.27	-0.08	0.02	-0.04	-0.11	0.18	0.19	0.27	0.12
Good Will	-0.07	-0.42	-0.18	-0.11	-0.02	-0.06	0.0	-0.12	-0.12	0.85	-0.58	0.6	0.36	0.77		0.25	-0.36	-0.1	-0.27	0.04	-0.21	-0.2	-0.12	-0.27
Treasury Stock	0.39	0.04	0.32	0.17	0.38	0.42	0.46	0.47	0.51	0.05	0.2	-0.09	0.43	0.27	0.25		0.08	0.42	0.24	-0.47	0.37	0.4	0.41	0.31
Net Tangible Assets	0.74	0.87	0.36	0.77	0.67	0.72	0.69	0.73	0.62	-0.44	0.77	-0.3	0.51	-0.08	-0.36	0.08		0.75	0.86	-0.7	0.63	0.66	0.59	0.61
Total Permanent Equity	0.78	0.68	0.34	0.82	0.7	0.73	0.78	0.84	0.72	-0.36	0.64	-0.3	0.54	0.02	-0.1	0.42	0.75		0.81	-0.85	0.48	0.52	0.53	0.44
Capital Surpluse	0.8	0.88	0.53	0.9	0.72	0.77	0.77	0.86	0.81	-0.45	0.86	-0.33	0.59	-0.04	-0.27	0.24	0.86	0.81		-0.71	0.73	0.79	0.76	0.77
Long Term Debt Total	-0.79	-0.62	-0.22	-0.68	-0.79	-0.77	-0.82	-0.79	-0.71	0.31	-0.55	0.49	-0.54	-0.11	0.04	-0.47	-0.7	-0.85	-0.71		-0.43	-0.45	-0.48	-0.35
Short Long Term Debt	0.65	0.65	0.75	0.53	0.58	0.7	0.64	0.68	0.77	-0.19	0.8	-0.17	0.57	0.18	-0.21	0.37	0.63	0.48	0.73	-0.43		0.96	0.86	0.91
Net Invested Capital	0.67	0.68	0.74	0.62	0.59	0.7	0.65	0.75	0.83	-0.21	0.83	-0.18	0.65	0.19	-0.2	0.4	0.66	0.52	0.79	-0.45	0.96		0.94	0.95
Net Working Capital	0.72	0.69	0.56	0.68	0.59	0.71	0.68	0.79	0.8	-0.22	0.79	-0.21	0.78	0.27	-0.12	0.41	0.59	0.53	0.76	-0.48	0.86	0.94		0.85
Capital Stock	0.48	0.59	0.82	0.58	0.42	0.51	0.46	0.63	0.8	-0.19	0.78	-0.13	0.46	0.12	-0.27	0.31	0.61	0.44	0.77	-0.35	0.91	0.95	0.85

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SPAR Price To Book Historical Pattern

Today, most investors in SPAR Stock are looking for potential investment opportunities by analyzing not only static indicators but also various SPAR'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 book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of SPAR price to book as a starting point in their analysis.

SPAR Price To Book

Timeline

Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

Competition

Predict SPAR

Price Book Value Ratio Over Time

SPAR Book Value Per Share

Book Value Per Share

1.39

At this time, SPAR's Book Value Per Share is relatively stable compared to the past year.

Based on the latest financial disclosure, SPAR Group has a Price To Book of 1.769 times. This is 70.02% lower than that of the Media sector and significantly higher than that of the Communication Services industry. The price to book for all United States stocks is 81.4% higher than that of the company.

SPAR Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SPAR's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of SPAR could also be used in its relative valuation, which is a method of valuing SPAR by comparing valuation metrics of similar companies.

SPAR is currently under evaluation in price to book category among its peers.

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

Environmental

Governance

Social

SPAR Fundamentals

	Return On Equity	0.37
	Return On Asset	0.0676
	Profit Margin	0.05 %
	Operating Margin	0.02 %
	Current Valuation	53.25 M
	Shares Outstanding	23.45 M
	Shares Owned By Insiders	70.70 %
	Shares Owned By Institutions	16.49 %
	Number Of Shares Shorted	29.39 K
	Price To Earning	8.93 X
	Price To Book	1.77 X
	Price To Sales	0.20 X
	Revenue	262.75 M
	Gross Profit	51.01 M
	EBITDA	10.18 M
	Net Income	3.9 M
	Cash And Equivalents	12.4 M
	Cash Per Share	0.57 X
	Total Debt	23.37 M
	Debt To Equity	0.59 %
	Current Ratio	1.39 X
	Book Value Per Share	1.21 X
	Cash Flow From Operations	6.82 M
	Short Ratio	0.23 X
	Earnings Per Share	0.51 X
	Target Price	7.0
	Number Of Employees	1.38 K
	Beta	0.71
	Market Capitalization	51.82 M
	Total Asset	90.28 M
	Retained Earnings	10.61 M
	Working Capital	26.36 M
	Current Asset	15.93 M
	Current Liabilities	11.84 M
	Net Asset	90.28 M

About SPAR Fundamental Analysis

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

Pair Trading with SPAR

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SPAR position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SPAR will appreciate offsetting losses from the drop in the long position's value.

Moving against SPAR Stock

0.55	OB	Outbrain	Pair Corr
0.49	SST	System1	Pair Corr
0.42	QBCRF	Quebecor	Pair Corr
0.39	TH	Target Hospitality Corp	Pair Corr
0.39	SJ	Scienjoy Holding Corp	Pair Corr

The ability to find closely correlated positions to SPAR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SPAR when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SPAR - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SPAR Group to buy it.

The correlation of SPAR is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SPAR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SPAR Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for SPAR can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for SPAR Stock Analysis

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

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