Is BYND Cannasoft Stock a Good Investment?
BYND Cannasoft Investment Advice | BCAN |
- Examine BYND Cannasoft's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research BYND Cannasoft's leadership team and their track record. Good management can help BYND Cannasoft navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Application Software space and any emerging trends that could impact BYND Cannasoft's business and its evolving consumer preferences.
- Compare BYND Cannasoft's performance and market position to its competitors. Analyze how BYND Cannasoft is positioned in terms of product offerings, innovation, and market share.
- Check if BYND Cannasoft pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about BYND Cannasoft's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in BYND Cannasoft Enterprises stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if BYND Cannasoft Enterprises is a good investment.
Sell | Buy |
Buy
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine BYND Cannasoft Stock
Researching BYND Cannasoft's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 30.0% of the company shares are held by company insiders. The book value of BYND Cannasoft was currently reported as 2643.56. The company has Price/Earnings (P/E) ratio of 146.5. BYND Cannasoft Enter recorded a loss per share of 971.9. The entity had not issued any dividends in recent years. The firm had 1:17 split on the 26th of August 2024.
To determine if BYND Cannasoft is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding BYND Cannasoft's research are outlined below:
| BYND Cannasoft Enter generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 1.08 M. Net Loss for the year was (18.5 M) with profit before overhead, payroll, taxes, and interest of 623.14 K. | |
| BYND Cannasoft Enterprises currently holds about 4.03 M in cash with (3.47 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14. | |
| BYND Cannasoft Enter has a frail financial position based on the latest SEC disclosures | |
| Roughly 30.0% of the company shares are held by company insiders | |
| Latest headline from seekingalpha.com: Femto Technologies reports Q3 results |
BYND Cannasoft Quarterly Liabilities And Stockholders Equity |
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Know BYND Cannasoft's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as BYND Cannasoft is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading BYND Cannasoft Enterprises backward and forwards among themselves. BYND Cannasoft's institutional investor refers to the entity that pools money to purchase BYND Cannasoft's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Ground Swell Capital, Llc | 2024-06-30 | 0.0 | Sabby Management Llc | 2024-06-30 | 0.0 | Jane Street Group, Llc | 2024-06-30 | 0.0 | Mirae Asset Global Investments (korea) Co Ltd | 2024-06-30 | 0.0 |
BYND Cannasoft's market capitalization trends
The company currently falls under 'Nano-Cap' category with a current market capitalization of 5.24 M.Market Cap |
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BYND Cannasoft's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (5.54) | (5.26) | |
| Return On Capital Employed | (0.14) | (0.15) | |
| Return On Assets | (0.50) | (0.53) | |
| Return On Equity | (0.53) | (0.50) |
Determining BYND Cannasoft's profitability involves analyzing its financial statements and using various financial metrics to determine if BYND Cannasoft is a good buy. For example, gross profit margin measures BYND Cannasoft's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of BYND Cannasoft's profitability and make more informed investment decisions.
Evaluate BYND Cannasoft's management efficiency
BYND Cannasoft Enter has return on total asset (ROA) of (0.1431) % which means that it has lost $0.1431 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.6936) %, meaning that it created substantial loss on money invested by shareholders. BYND Cannasoft's management efficiency ratios could be used to measure how well BYND Cannasoft manages its routine affairs as well as how well it operates its assets and liabilities. As of the 25th of November 2024, Return On Tangible Assets is likely to grow to -5.26. In addition to that, Return On Capital Employed is likely to drop to -0.15. At this time, BYND Cannasoft's Net Tangible Assets are very stable compared to the past year. As of the 25th of November 2024, Non Currrent Assets Other is likely to grow to 1.05, while Other Current Assets are likely to drop about 73.5 K.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 2.9 K | 3 K | |
| Tangible Book Value Per Share | 113.57 | 119.24 | |
| Enterprise Value Over EBITDA | (2.79) | (2.93) | |
| Price Book Value Ratio | 0.50 | 0.53 | |
| Enterprise Value Multiple | (2.79) | (2.93) | |
| Price Fair Value | 0.50 | 0.53 | |
| Enterprise Value | 14.4 M | 13.7 M |
Evaluating the management effectiveness of BYND Cannasoft allows investors to assess its financial health and operational efficiency. Coupled with an analysis of its growth prospects and the current market dynamics, we evaluate the stock's true value and future potential. Key indicators such as revenue, earnings or debt levels are examined alongside external factors like economic trends and regulatory changes. The BYND Stock analysis seeks to determine whether the stock is undervalued, appropriately priced, or overvalued, thereby guiding your investment decisions.
Beta 1.071 |
Basic technical analysis of BYND Stock
As of the 25th of November, BYND Cannasoft shows the risk adjusted performance of (0.04), and Mean Deviation of 1.09. BYND Cannasoft Enter technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.BYND Cannasoft's Outstanding Corporate Bonds
BYND Cannasoft issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. BYND Cannasoft Enter uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most BYND bonds can be classified according to their maturity, which is the date when BYND Cannasoft Enterprises has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Understand BYND Cannasoft's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing BYND Cannasoft's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | 1.79 | |||
| Mean Deviation | 1.09 | |||
| Coefficient Of Variation | (1,602) | |||
| Standard Deviation | 1.72 | |||
| Variance | 2.94 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | 1.78 | |||
| Maximum Drawdown | 12.12 | |||
| Value At Risk | (2.44) | |||
| Potential Upside | 2.5 | |||
| Skewness | (1.10) | |||
| Kurtosis | 6.2 |
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | 1.79 | |||
| Mean Deviation | 1.09 | |||
| Coefficient Of Variation | (1,602) | |||
| Standard Deviation | 1.72 | |||
| Variance | 2.94 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | 1.78 | |||
| Maximum Drawdown | 12.12 | |||
| Value At Risk | (2.44) | |||
| Potential Upside | 2.5 | |||
| Skewness | (1.10) | |||
| Kurtosis | 6.2 |
Consider BYND Cannasoft's intraday indicators
BYND Cannasoft intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of BYND Cannasoft stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
BYND Cannasoft Corporate Filings
6K | 14th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
13A | 4th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
| 1st of July 2024 Other Reports | ViewVerify | |
F3 | 21st of June 2024 The schedule filed by any person or group who acquires beneficial ownership of more than 5% of a voting class of a company's equity securities registered under Section 12 of the Act | ViewVerify |
BYND Stock media impact
Far too much social signal, news, headlines, and media speculation about BYND Cannasoft that are available to investors today. That information is available publicly through BYND media outlets and privately through word of mouth or via BYND internal channels. However, regardless of the origin, that massive amount of BYND data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of BYND Cannasoft news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of BYND Cannasoft relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to BYND Cannasoft's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive BYND Cannasoft alpha.
BYND Cannasoft Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards BYND Cannasoft can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
BYND Cannasoft Corporate Executives
Elected by the shareholders, the BYND Cannasoft's board of directors comprises two types of representatives: BYND Cannasoft inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BYND. The board's role is to monitor BYND Cannasoft's management team and ensure that shareholders' interests are well served. BYND Cannasoft's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, BYND Cannasoft's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Gabriel CPA | Secretary CFO | Profile |
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Is Application Software 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 BYND Cannasoft. If investors know BYND 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 BYND Cannasoft listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (971.90) | Revenue Per Share 7.624 | Quarterly Revenue Growth 0.617 | Return On Assets (0.14) | Return On Equity (1.69) |
The market value of BYND Cannasoft Enter is measured differently than its book value, which is the value of BYND that is recorded on the company's balance sheet. Investors also form their own opinion of BYND Cannasoft's value that differs from its market value or its book value, called intrinsic value, which is BYND Cannasoft'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 BYND Cannasoft's market value can be influenced by many factors that don't directly affect BYND Cannasoft's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between BYND Cannasoft's value and its price, as these two are different measures arrived at by various means. Investors typically determine if BYND Cannasoft is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BYND Cannasoft'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.