Vast Renewables Limited Stock Today
| VSTE Stock | USD 1.65 0.20 13.79% |
Performance7 of 100
| Odds Of DistressOver 73
|
Vast Renewables is trading at 1.65 as of the 24th of November 2024, a 13.79 percent up since the beginning of the trading day. The stock's lowest day price was 1.47. Vast Renewables has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Vast Renewables Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of September 2024 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 19th of December 2023 | Category Technology | Classification Industrials |
Vistra Energy Corporation engages in the generation and retail of electricity in Texas. The company has 29.97 M outstanding shares of which 692 K shares are at this time shorted by private and institutional investors with about 0.28 trading days to cover. More on Vast Renewables Limited
Moving against Vast Stock
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
Vast Stock Highlights
| CEO Director | Craig Wood | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Electrical Components & Equipment, Capital Goods, Industrials, NASDAQ Composite, Basic Utilities, Utilities, Industrials, Electrical Equipment, Utilities - Regulated Electric, Utilities (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Vast Renewables can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Vast Renewables' financial leverage. It provides some insight into what part of Vast Renewables' total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Vast Renewables Limited (VSTE) is traded on NASDAQ Exchange in USA. It is located in 124 Walker Street, North Sydney, NSW, Australia, 2060 and employs 7 people. Vast Renewables is listed under Electrical Components & Equipment category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 49.46 M. Vast Renewables conducts business under Electrical Equipment sector and is part of Industrials industry. The entity has 29.97 M outstanding shares of which 692 K shares are at this time shorted by private and institutional investors with about 0.28 trading days to cover.
Vast Renewables Limited currently holds about 1.83 B in cash with (40.31 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.28, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Vast Renewables Probability Of Bankruptcy
Ownership AllocationVast Renewables shows a total of 29.97 Million outstanding shares. Vast Renewables has majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 91.31 % of Vast Renewables outstanding shares that are owned by insiders indicates they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Vast Ownership Details
Vast Renewables Historical Income Statement
Vast Stock Against Markets
Vast Renewables Corporate Management
| Alec Waugh | Company Counsel | Profile | |
| Gilein Steensma | Head Development | Profile | |
| Sue Opie | Chief Officer | Profile | |
| Marshall Smith | Chief Officer | Profile | |
| Christina Hall | Head Ltd | Profile | |
| Kurt Drewes | Chief Officer | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vast Renewables Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Electrical Components & Equipment 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 Vast Renewables. If investors know Vast 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 Vast Renewables listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (17.50) | Revenue Per Share 0.02 | Return On Assets (1.24) |
The market value of Vast Renewables is measured differently than its book value, which is the value of Vast that is recorded on the company's balance sheet. Investors also form their own opinion of Vast Renewables' value that differs from its market value or its book value, called intrinsic value, which is Vast Renewables' 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 Vast Renewables' market value can be influenced by many factors that don't directly affect Vast Renewables' 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 Vast Renewables' value and its price as these two are different measures arrived at by different means. Investors typically determine if Vast Renewables is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vast Renewables' 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.