Erf Wireless Stock Price To Sales
Erf Wireless fundamentals help investors to digest information that contributes to Erf Wireless' financial success or failures. It also enables traders to predict the movement of Erf Stock. The fundamental analysis module provides a way to measure Erf Wireless' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Erf Wireless stock.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 5.08 | 4.83 |
Erf | Price To Sales |
Erf Wireless Company Price To Sales Analysis
Erf Wireless' Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Erf Wireless Price To Sales | 0.04 X |
Most of Erf Wireless' fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Erf Wireless is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Erf Price To Sales Driver Correlations
Understanding the fundamental principles of building solid financial models for Erf Wireless is extremely important. It helps to project a fair market value of Erf Stock properly, considering its historical fundamentals such as Price To Sales. Since Erf Wireless' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Erf Wireless' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Erf Wireless' interrelated accounts and indicators.
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The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Erf Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Erf Wireless has a Price To Sales of 0.0418 times. This is 99.12% lower than that of the Communications Equipment sector and 98.08% lower than that of the Information Technology industry. The price to sales for all United States stocks is 99.63% higher than that of the company.
Erf Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Erf Wireless' direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Erf Wireless could also be used in its relative valuation, which is a method of valuing Erf Wireless by comparing valuation metrics of similar companies.Erf Wireless is currently under evaluation in price to sales category among related companies.
Erf Fundamentals
| Return On Asset | -0.43 | ||||
| Profit Margin | (0.33) % | ||||
| Operating Margin | (0.67) % | ||||
| Current Valuation | 7.83 M | ||||
| Shares Outstanding | 841.28 M | ||||
| Price To Sales | 0.04 X | ||||
| Revenue | 7.16 M | ||||
| Gross Profit | 4.73 M | ||||
| EBITDA | (1.33 M) | ||||
| Net Income | (7.26 M) | ||||
| Cash And Equivalents | 179 K | ||||
| Total Debt | 651 K | ||||
| Current Ratio | 0.37 X | ||||
| Book Value Per Share | (0.48) X | ||||
| Cash Flow From Operations | (2.55 M) | ||||
| Earnings Per Share | 0.46 X | ||||
| Number Of Employees | 34 | ||||
| Beta | -31.39 | ||||
| Market Capitalization | 8.41 K | ||||
| Total Asset | 5.07 M | ||||
| Retained Earnings | (63.28 M) | ||||
| Working Capital | (3.52 M) | ||||
| Current Asset | 2.09 M | ||||
| Current Liabilities | 5.61 M | ||||
| Net Asset | 5.07 M |
About Erf Wireless Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Erf Wireless's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Erf Wireless using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Erf Wireless based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Erf Wireless in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Erf Wireless' short interest history, or implied volatility extrapolated from Erf Wireless options trading.
Pair Trading with Erf Wireless
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 Erf Wireless 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 Erf Wireless will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Erf Wireless could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Erf Wireless 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 Erf Wireless - 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 Erf Wireless to buy it.
The correlation of Erf Wireless 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 Erf Wireless moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Erf Wireless 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 Erf Wireless 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.Check out Erf Wireless Piotroski F Score and Erf Wireless Altman Z Score analysis. For information on how to trade Erf Stock refer to our How to Trade Erf Stock guide.Note that the Erf Wireless information on this page should be used as a complementary analysis to other Erf Wireless' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Erf Stock analysis
When running Erf Wireless' price analysis, check to measure Erf Wireless' 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 Erf Wireless is operating at the current time. Most of Erf Wireless' value examination focuses on studying past and present price action to predict the probability of Erf Wireless' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Erf Wireless' price. Additionally, you may evaluate how the addition of Erf Wireless to your portfolios can decrease your overall portfolio volatility.
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Is Erf Wireless' industry 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 Erf Wireless. If investors know Erf 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 Erf Wireless listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.46 | Revenue Per Share 2.357 | Quarterly Revenue Growth (0.24) | Return On Assets (0.43) |
The market value of Erf Wireless is measured differently than its book value, which is the value of Erf that is recorded on the company's balance sheet. Investors also form their own opinion of Erf Wireless' value that differs from its market value or its book value, called intrinsic value, which is Erf Wireless' 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 Erf Wireless' market value can be influenced by many factors that don't directly affect Erf Wireless' 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 Erf Wireless' value and its price as these two are different measures arrived at by different means. Investors typically determine if Erf Wireless is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Erf Wireless' 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.