Solarmax Technology Common Stock EBITDA

SMXT Stock   1.13  0.03  2.73%   
Solarmax Technology Common fundamentals help investors to digest information that contributes to Solarmax Technology's financial success or failures. It also enables traders to predict the movement of Solarmax Stock. The fundamental analysis module provides a way to measure Solarmax Technology'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 Solarmax Technology stock.
Last ReportedProjected for Next Year
EBITDA3.6 M3.7 M
EBITDA is likely to gain to about 3.7 M in 2024.
  
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Solarmax Technology Common Company EBITDA Analysis

Solarmax Technology's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

EBITDA

 = 

Revenue

-

Basic Expenses

More About EBITDA | All Equity Analysis

Current Solarmax Technology EBITDA

    
  3.56 M  
Most of Solarmax Technology's fundamental indicators, such as EBITDA, 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, Solarmax Technology Common is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Solarmax EBITDA Driver Correlations

Understanding the fundamental principles of building solid financial models for Solarmax Technology is extremely important. It helps to project a fair market value of Solarmax Stock properly, considering its historical fundamentals such as EBITDA. Since Solarmax Technology'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 Solarmax Technology'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 Solarmax Technology's interrelated accounts and indicators.
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Click cells to compare fundamentals
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Competition

Solarmax Ebitda

Ebitda

3.74 Million

At this time, Solarmax Technology's EBITDA is comparatively stable compared to the past year.
According to the company disclosure, Solarmax Technology Common reported earnings before interest,tax, depreciation and amortization of 3.56 M. This is 99.39% lower than that of the Electrical Equipment sector and 99.2% lower than that of the Industrials industry. The ebitda for all United States stocks is 99.91% higher than that of the company.

Solarmax EBITDA Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Solarmax Technology's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Solarmax Technology could also be used in its relative valuation, which is a method of valuing Solarmax Technology by comparing valuation metrics of similar companies.
Solarmax Technology is currently under evaluation in ebitda category among its peers.

Solarmax Fundamentals

About Solarmax Technology Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Solarmax Technology Common's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Solarmax Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Solarmax Technology Common 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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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Solarmax Stock Analysis

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