Nexalin Technology Price To Book vs. Current Valuation
| NXL Stock | USD 4.18 0.09 2.11% |
For Nexalin Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nexalin Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nexalin Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nexalin Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nexalin Technology over time as well as its relative position and ranking within its peers.
Nexalin |
Nexalin Technology's Revenue Breakdown by Earning Segment
Check out Correlation Analysis.
Is Health Care Equipment & Supplies 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 Nexalin Technology. If investors know Nexalin 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 Nexalin Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.65) | Revenue Per Share 0.02 | Quarterly Revenue Growth (0.24) | Return On Assets (1.19) | Return On Equity (2.02) |
The market value of Nexalin Technology is measured differently than its book value, which is the value of Nexalin that is recorded on the company's balance sheet. Investors also form their own opinion of Nexalin Technology's value that differs from its market value or its book value, called intrinsic value, which is Nexalin Technology'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 Nexalin Technology's market value can be influenced by many factors that don't directly affect Nexalin Technology'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 Nexalin Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nexalin Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nexalin Technology'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.
Nexalin Technology Current Valuation vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nexalin Technology's current stock value. Our valuation model uses many indicators to compare Nexalin Technology value to that of its competitors to determine the firm's financial worth. Nexalin Technology is regarded fifth in price to book category among its peers. It is rated below average in current valuation category among its peers reporting about 4,692,035 of Current Valuation per Price To Book. Comparative valuation analysis is a catch-all technique that is used if you cannot value Nexalin Technology by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Nexalin Current Valuation vs. Price To Book
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.
Nexalin Technology |
| = | 11.08 X |
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.
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.
Nexalin Technology |
| = | 51.98 M |
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.
Nexalin Current Valuation vs Competition
Nexalin Technology is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Health Care industry is now estimated at about 5.27 Billion. Nexalin Technology maintains roughly 51.98 Million in current valuation contributing less than 1% to equities under Health Care industry.
Nexalin Technology Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nexalin Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nexalin Technology will eventually generate negative long term returns. The profitability progress is the general direction of Nexalin Technology's change in net profit over the period of time. It can combine multiple indicators of Nexalin Technology, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | (405.00) | (384.75) | |
| Operating Income | -5.7 M | -6 M | |
| Income Before Tax | -4.6 M | -4.9 M | |
| Total Other Income Expense Net | 1 M | 1.1 M | |
| Net Loss | -2 M | -2.1 M | |
| Net Loss | -4.6 M | -4.9 M | |
| Income Tax Expense | (4.00) | (3.80) | |
| Net Interest Income | -33.2 K | -34.8 K | |
| Net Loss | -4.6 M | -4.8 M | |
| Change To Netincome | 86.2 K | 81.9 K | |
| Net Loss | (0.63) | (0.66) | |
| Income Quality | 0.83 | 0.43 | |
| Net Income Per E B T | 1.02 | 0.85 |
Nexalin Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nexalin Technology. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Nexalin Technology position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Nexalin Technology's important profitability drivers and their relationship over time.
Use Nexalin Technology in pair-trading
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 Nexalin Technology 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 Nexalin Technology will appreciate offsetting losses from the drop in the long position's value.Nexalin Technology Pair Trading
Nexalin Technology Pair Trading Analysis
The ability to find closely correlated positions to Nexalin Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nexalin Technology 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 Nexalin Technology - 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 Nexalin Technology to buy it.
The correlation of Nexalin Technology 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 Nexalin Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nexalin Technology 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 Nexalin Technology 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.Use Investing Themes to Complement your Nexalin Technology position
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Check out Correlation Analysis. For more information on how to buy Nexalin Stock please use our How to buy in Nexalin Stock guide.You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
To fully project Nexalin Technology's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nexalin Technology at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Nexalin Technology's income statement, its balance sheet, and the statement of cash flows.