ICoreConnect Common Valuation

ICCT Stock  USD 0.17  0.01  5.56%   
ICoreConnect Common seems to be overvalued based on Macroaxis valuation methodology. Our model calculates the value of iCoreConnect Common stock from examining the entity fundamentals such as Return On Asset of -0.66, current valuation of 15.93 M, and Operating Margin of (0.88) % as well as evaluating its technical indicators and probability of bankruptcy. Key fundamental drivers impacting ICoreConnect Common's valuation include:
Price Book
8.9086
Enterprise Value
15.9 M
Enterprise Value Ebitda
(7.48)
Price Sales
0.4051
Enterprise Value Revenue
1.4413
Overvalued
Today
0.17
Please note that ICoreConnect Common's price fluctuation is out of control at this time. Calculation of the real value of iCoreConnect Common stock is based on 3 months time horizon. Increasing ICoreConnect Common's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
ICoreConnect Common's intrinsic value may or may not be the same as its current market price of 0.17, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  0.17 Real  0.16 Hype  0.16 Naive  0.17
The intrinsic value of ICoreConnect Common's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence ICoreConnect Common's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
0.16
Real Value
11.70
Upside
Estimating the potential upside or downside of iCoreConnect Common stock helps investors to forecast how ICoreConnect stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of ICoreConnect Common more accurately as focusing exclusively on ICoreConnect Common's fundamentals will not take into account other important factors:
Hype
Prediction
LowEstimatedHigh
0.010.1611.70
Details
Naive
Forecast
LowNext ValueHigh
00.1711.72
Details
Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use ICoreConnect Common's intrinsic value based on its ongoing forecasts of ICoreConnect Common's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against ICoreConnect Common's closest peers.

ICoreConnect Common Cash

1.28 Million

ICoreConnect Valuation Trend

ICoreConnect Common's real value is important for investors to make better decisions and a more accurate overall view of ICoreConnect Common's financial worth over time. Using both ICoreConnect Common's enterprise value as well as its market capitalization is the best way to gauge the value of the company and is usually enough for investors to make market timing conclusions.

ICoreConnect Common Total Value Analysis

iCoreConnect Common stock is currently forecasted to have valuation of 15.93 M with market capitalization of 4.16 M, debt of 7.88 M, and cash on hands of 164.26 K. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the ICoreConnect Common fundamentals before making equity appraisal based on enterprise value of the company
  Takeover PriceMarket CapDebt ObligationsCash
15.93 M
4.16 M
7.88 M
164.26 K

ICoreConnect Common Investor Information

About 33.0% of the company shares are held by company insiders. The company recorded a loss per share of 3.16. iCoreConnect Common stock had not issued any dividends in recent years. The entity had 1:29.84 split on the 28th of August 2023. Based on the analysis of ICoreConnect Common's profitability, liquidity, and operating efficiency, iCoreConnect Common stock is not in a good financial situation at this time. It has a very high odds of going through financial crisis in December.

ICoreConnect Common Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. ICoreConnect Common has an asset utilization ratio of 51.97 percent. This implies that the Company is making $0.52 for each dollar of assets. An increasing asset utilization means that iCoreConnect Common stock is more efficient with each dollar of assets it utilizes for everyday operations.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid

ICoreConnect Common Ownership Allocation

iCoreConnect Common stock has a total of 24.32 Million outstanding shares. iCoreConnect Common stock secures large amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company holds, if the real value of the entity is less than the current market value, you may not be able to make money on it.

ICoreConnect Common Profitability Analysis

The company reported the previous year's revenue of 8.15 M. Net Loss for the year was (15.55 M) with profit before overhead, payroll, taxes, and interest of 3.38 M.

About ICoreConnect Common Valuation

The stock valuation mechanism determines ICoreConnect Common's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of iCoreConnect Common stock based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of ICoreConnect Common. We calculate exposure to ICoreConnect Common's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of ICoreConnect Common's related companies.
Last ReportedProjected for Next Year
Gross Profit6.1 M6.4 M
Pretax Profit Margin(1.91)(2.00)
Operating Profit Margin(1.26)(1.32)
Net Loss(1.91)(2.00)
Gross Profit Margin 0.75  0.75 

ICoreConnect Common Growth Indicators

Investing in growth stocks can be very risky. If the company such as ICoreConnect Common does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
Common Stock Shares Outstanding7.3 M

ICoreConnect Common Current Valuation Indicators

ICoreConnect Common's valuation analysis is a process of estimating the intrinsic value of all assets and outstanding equities. There are different methodologies and models we use to develop the final ICoreConnect Common's valuation. The techniques such as discounted cash flow and fundamental indicators such as book value per share or market capitalization are well known and widely used across most financial advisers and money managers.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as ICoreConnect Common, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use ICoreConnect Common's valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes ICoreConnect Common's worth.

Additional Tools for ICoreConnect Stock Analysis

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