Cover Technologies Valuation
| MGPRF Stock | USD 0.06 0.00 0.00% |
Cover Technologies seems to be overvalued based on Macroaxis valuation methodology. Our model approximates the value of Cover Technologies from analyzing the firm fundamentals such as Current Valuation of 331.26 K, return on equity of -35.06, and Shares Owned By Insiders of 43.77 % as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that Cover Technologies' price fluctuation is out of control at this time. Calculation of the real value of Cover Technologies is based on 3 months time horizon. Increasing Cover Technologies' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Cover pink sheet is determined by what a typical buyer is willing to pay for full or partial control of Cover Technologies. Since Cover Technologies is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Cover Pink Sheet. However, Cover Technologies' intrinsic value may or may not be the same as its current market price, 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 0.064 | Real 0.0604 | Hype 0.06 | Naive 0.0651 |
The real value of Cover Pink Sheet, also known as its intrinsic value, is the underlying worth of Cover Technologies Company, which is reflected in its stock price. It is based on Cover Technologies' financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Cover Technologies' 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, or news.
Estimating the potential upside or downside of Cover Technologies helps investors to forecast how Cover pink sheet's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Cover Technologies more accurately as focusing exclusively on Cover Technologies' fundamentals will not take into account other important factors: Cover Technologies Total Value Analysis
Cover Technologies is now projected to have takeover price of 331.26 K with market capitalization of 755.14 K, debt of 2.96 K, and cash on hands of 572.84 K. Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Cover Technologies fundamentals before making investing decisions based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
331.26 K | 755.14 K | 2.96 K | 572.84 K |
Cover Technologies Asset Utilization
One of the ways to look at asset utilization of Cover is to check how much profit was generated for every dollar of assets it reports. Cover Technologies shows a negative utilization of assets of -0.68 percent, losing $0.006773 for each dollar of assets held by the firm. Inadequate asset utilization signifies that the company is being less effective with each dollar of assets it shows. Put another way, asset utilization of Cover Technologies shows how discouraging it operates for each dollar spent on its assets.Cover Technologies Ownership Allocation
Cover Technologies retains significant 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.Cover Technologies Profitability Analysis
Net Loss for the year was (2.36 M) with loss before overhead, payroll, taxes, and interest of (200 K).Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Cover Technologies' worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Cover Technologies and how it compares across the competition.
About Cover Technologies Valuation
The pink sheet valuation mechanism determines Cover Technologies' current worth on a weekly basis. Our valuation model uses a comparative analysis of Cover Technologies. We calculate exposure to Cover Technologies's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Cover Technologies's related companies.Cover Technologies Inc. engages in the research and development of magnesium processing technologies and solutions. Cover Technologies Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada. Cover Technologies is traded on OTC Exchange in the United States.
8 Steps to conduct Cover Technologies' Valuation Analysis
Company's valuation is the process of determining the worth of any company in monetary terms. It estimates Cover Technologies' potential worth based on factors such as financial performance, market conditions, growth prospects, and overall economic environment. The result of company valuation is a single number representing a Company's current market value. This value can be used as a benchmark for various financial transactions such as mergers and acquisitions, initial public offerings (IPOs), or private equity investments. To conduct Cover Technologies' valuation analysis, follow these 8 steps:- Gather financial information: Obtain Cover Technologies' financial statements, including balance sheets, income statements, and cash flow statements.
- Determine Cover Technologies' revenue streams: Identify Cover Technologies' primary sources of revenue, including products or services offered, target markets, and pricing strategies.
- Analyze market data: Research Cover Technologies' industry and market trends, including the size of the market, growth rate, and competition.
- Establish Cover Technologies' growth potential: Evaluate Cover Technologies' management, business model, and growth potential.
- Determine Cover Technologies' financial performance: Analyze its financial statements to assess its historical performance and future potential.
- Choose a valuation method: Consider the Company's specific circumstances and choose an appropriate valuation method, such as the discounted cash flow (DCF) or comparable analysis method.
- Calculate the value: Apply the chosen valuation method to the financial information and market data to calculate Cover Technologies' estimated value.
- Review and adjust: Review the results and make necessary adjustments, considering any relevant factors that may have been missed or overlooked.
Cover Technologies Growth Indicators
Investing in growth stocks can be very risky. If the company such as Cover Technologies 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 Outstanding | 5.5 M | |
| Retained Earnings | -21.8 M |
Complementary Tools for Cover Pink Sheet analysis
When running Cover Technologies' price analysis, check to measure Cover Technologies' 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 Cover Technologies is operating at the current time. Most of Cover Technologies' value examination focuses on studying past and present price action to predict the probability of Cover Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cover Technologies' price. Additionally, you may evaluate how the addition of Cover Technologies to your portfolios can decrease your overall portfolio volatility.
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