Trident Digital Tech Stock Book Value Per Share
| TDTH Stock | 2.32 0.09 4.04% |
Trident Digital Tech fundamentals help investors to digest information that contributes to Trident Digital's financial success or failures. It also enables traders to predict the movement of Trident Stock. The fundamental analysis module provides a way to measure Trident Digital'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 Trident Digital stock.
Trident |
Trident Digital Tech Company Book Value Per Share Analysis
Trident Digital's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
Current Trident Digital Book Value Per Share | 0.04 X |
Most of Trident Digital's fundamental indicators, such as Book Value Per Share, 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, Trident Digital Tech is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Trident Book Value Per Share Driver Correlations
Understanding the fundamental principles of building solid financial models for Trident Digital is extremely important. It helps to project a fair market value of Trident Stock properly, considering its historical fundamentals such as Book Value Per Share. Since Trident Digital'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 Trident Digital'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 Trident Digital's interrelated accounts and indicators.
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The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
| Competition |
In accordance with the recently published financial statements, the book value per share of Trident Digital Tech is about 0.039 times. This is much higher than that of the IT Services sector and significantly higher than that of the Information Technology industry. The book value per share for all United States stocks is notably lower than that of the firm.
Trident Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Trident Digital's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Trident Digital could also be used in its relative valuation, which is a method of valuing Trident Digital by comparing valuation metrics of similar companies.Trident Digital is currently under evaluation in book value per share category among its peers.
Trident Fundamentals
| Return On Equity | -8.62 | ||||
| Return On Asset | -0.67 | ||||
| Operating Margin | (2.85) % | ||||
| Current Valuation | 144.02 M | ||||
| Shares Outstanding | 58.3 M | ||||
| Shares Owned By Institutions | 0.04 % | ||||
| Number Of Shares Shorted | 85.06 K | ||||
| Price To Book | 59.17 X | ||||
| Price To Sales | 97.05 X | ||||
| Revenue | 1.48 M | ||||
| EBITDA | (4.72 M) | ||||
| Total Debt | 73.81 K | ||||
| Book Value Per Share | 0.04 X | ||||
| Short Ratio | 1.58 X | ||||
| Earnings Per Share | (0.07) X | ||||
| Number Of Employees | 50 | ||||
| Market Capitalization | 143.94 M | ||||
| Total Asset | 5.83 M | ||||
| Retained Earnings | (6.18 M) | ||||
| Working Capital | 1.98 M | ||||
| Net Asset | 5.83 M |
About Trident Digital Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Trident Digital Tech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Trident Digital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Trident Digital Tech 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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When determining whether Trident Digital Tech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Trident Digital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Trident Digital Tech Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Trident Digital Tech Stock:Check out Trident Digital Piotroski F Score and Trident Digital Altman Z Score analysis. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is IT Consulting & Other Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Trident Digital. If investors know Trident will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Trident Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.07) | Revenue Per Share 0.026 | Quarterly Revenue Growth 0.272 | Return On Assets (0.67) | Return On Equity (8.62) |
The market value of Trident Digital Tech is measured differently than its book value, which is the value of Trident that is recorded on the company's balance sheet. Investors also form their own opinion of Trident Digital's value that differs from its market value or its book value, called intrinsic value, which is Trident Digital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Trident Digital's market value can be influenced by many factors that don't directly affect Trident Digital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Trident Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trident Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trident Digital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.