Kitron Asa Stock Price To Sales

KIT Stock  NOK 29.62  0.82  2.85%   
Kitron ASA fundamentals help investors to digest information that contributes to Kitron ASA's financial success or failures. It also enables traders to predict the movement of Kitron Stock. The fundamental analysis module provides a way to measure Kitron ASA's 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 Kitron ASA stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Kitron ASA Company Price To Sales Analysis

Kitron ASA's 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.

P/S

 = 

MV Per Share

Revenue Per Share

More About Price To Sales | All Equity Analysis

Current Kitron ASA Price To Sales

    
  0.93 X  
Most of Kitron ASA's 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, Kitron ASA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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

Based on the latest financial disclosure, Kitron ASA has a Price To Sales of 0.9267 times. This is 80.57% lower than that of the Technology sector and 93.39% lower than that of the Electronic Components industry. The price to sales for all Norway stocks is 91.89% higher than that of the company.

Kitron Price To Sales Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kitron ASA's 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 Kitron ASA could also be used in its relative valuation, which is a method of valuing Kitron ASA by comparing valuation metrics of similar companies.
Kitron ASA is currently under evaluation in price to sales category among related companies.

Kitron Fundamentals

About Kitron ASA Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Kitron ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kitron ASA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kitron ASA 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 Kitron ASA 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, Kitron ASA's short interest history, or implied volatility extrapolated from Kitron ASA options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kitron ASA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Kitron Stock analysis

When running Kitron ASA's price analysis, check to measure Kitron ASA'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 Kitron ASA is operating at the current time. Most of Kitron ASA's value examination focuses on studying past and present price action to predict the probability of Kitron ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kitron ASA's price. Additionally, you may evaluate how the addition of Kitron ASA to your portfolios can decrease your overall portfolio volatility.
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Money Managers
Screen money managers from public funds and ETFs managed around the world
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Please note, there is a significant difference between Kitron ASA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kitron ASA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kitron ASA's 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.