Right On Valuation
RTON Stock | USD 0.05 0.02 30.61% |
Right On seems to be overvalued based on Macroaxis valuation methodology. Our model determines the value of Right On Brands from analyzing the company fundamentals such as Price To Sales of 0.99 X, current valuation of 2.26 M, and Return On Asset of -0.12 as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that Right On's price fluctuation is out of control at this time. Calculation of the real value of Right On Brands is based on 3 months time horizon. Increasing Right On's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Right On is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Right Pink Sheet. However, Right On's 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 0.051 | Real 0.049 | Hype 0.05 | Naive 0.0402 |
The intrinsic value of Right On'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 Right On'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.
Estimating the potential upside or downside of Right On Brands helps investors to forecast how Right 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 Right On more accurately as focusing exclusively on Right On's fundamentals will not take into account other important factors: Right On Total Value Analysis
Right On Brands is at this time estimated to have valuation of 2.26 M with market capitalization of 4.62 K, debt of 445.22 K, and cash on hands of 15.25 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 Right On fundamentals before making equity appraisal based on enterprise value of the companyTakeover Price | Market Cap | Debt Obligations | Cash |
2.26 M | 4.62 K | 445.22 K | 15.25 K |
Right On Investor Information
The company had not issued any dividends in recent years. Right On Brands had 1:250 split on the 17th of January 2023. Based on the analysis of Right On's profitability, liquidity, and operating efficiency, Right On Brands is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December.Right On Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Right On has an asset utilization ratio of 425.87 percent. This suggests that the Company is making $4.26 for each dollar of assets. An increasing asset utilization means that Right On Brands is more efficient with each dollar of assets it utilizes for everyday operations.Right On Ownership Allocation
Right On owns a total of 23.09 Million outstanding shares. Right On holds 3.02 pct. of its outstanding shares held by insiders and 0.0 pct. owned by third-party entities. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.Right On Profitability Analysis
The company reported the previous year's revenue of 997.1 K. Net Loss for the year was (257.02 K) with profit before overhead, payroll, taxes, and interest of 440.01 K.About Right On Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Right On Brands. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Right On Brands based exclusively on its fundamental and basic technical indicators. By analyzing Right On's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Right On's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Right On. We calculate exposure to Right On's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Right On's related companies.Right On Brands, Inc., through its subsidiaries, markets and sells a range of hemp enhanced snack foods. Right On Brands, Inc. was incorporated in 2011 and is headquartered in Rowlett, Texas. Right On operates under Packaged Foods classification in the United States and is traded on OTC Exchange.
8 Steps to conduct Right On's Valuation Analysis
Company's valuation is the process of determining the worth of any company in monetary terms. It estimates Right On's 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 Right On's valuation analysis, follow these 8 steps:- Gather financial information: Obtain Right On's financial statements, including balance sheets, income statements, and cash flow statements.
- Determine Right On's revenue streams: Identify Right On's primary sources of revenue, including products or services offered, target markets, and pricing strategies.
- Analyze market data: Research Right On's industry and market trends, including the size of the market, growth rate, and competition.
- Establish Right On's growth potential: Evaluate Right On's management, business model, and growth potential.
- Determine Right On's 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 Right On's estimated value.
- Review and adjust: Review the results and make necessary adjustments, considering any relevant factors that may have been missed or overlooked.
Right On Growth Indicators
Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines.
Common Stock Shares Outstanding | 1.5 T | |
Retained Earnings | -15.8 M |
Other Information on Investing in Right Pink Sheet
Right On financial ratios help investors to determine whether Right Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Right with respect to the benefits of owning Right On security.