Simply Good Foods Stock Book Value Per Share
| SMPL Stock | USD 37.34 0.31 0.84% |
Simply Good Foods fundamentals help investors to digest information that contributes to Simply Good's financial success or failures. It also enables traders to predict the movement of Simply Stock. The fundamental analysis module provides a way to measure Simply Good'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 Simply Good stock.
| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 8.36 | 9.49 | |
| Tangible Book Value Per Share | (0.76) | (0.80) |
Simply | Book Value Per Share |
Simply Good Foods Company Book Value Per Share Analysis
Simply Good's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
Current Simply Good Book Value Per Share | 16.48 X |
Most of Simply Good's fundamental indicators, such as Book Value Per Share, 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, Simply Good Foods is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Simply Book Value Per Share Driver Correlations
Understanding the fundamental principles of building solid financial models for Simply Good is extremely important. It helps to project a fair market value of Simply Stock properly, considering its historical fundamentals such as Book Value Per Share. Since Simply Good's 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 Simply Good's 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 Simply Good's interrelated accounts and indicators.
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Simply Book Value Per Share Historical Pattern
Today, most investors in Simply Good Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Simply Good's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's book value per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Simply Good book value per share as a starting point in their analysis.
Simply Good Book Value Per Share |
| Timeline |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
| Competition |
Simply Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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In accordance with the recently published financial statements, the book value per share of Simply Good Foods is about 16.477 times. This is 12.22% lower than that of the Food Products sector and 64.77% higher than that of the Consumer Staples industry. The book value per share for all United States stocks is 99.15% higher than that of the company.
Simply Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Simply Good's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Simply Good could also be used in its relative valuation, which is a method of valuing Simply Good by comparing valuation metrics of similar companies.Simply Good is currently under evaluation in book value per share category among related companies.
Simply Fundamentals
| Return On Equity | 0.0897 | |||
| Return On Asset | 0.0629 | |||
| Profit Margin | 0.11 % | |||
| Operating Margin | 0.15 % | |||
| Current Valuation | 3.88 B | |||
| Shares Outstanding | 99.99 M | |||
| Shares Owned By Insiders | 8.46 % | |||
| Shares Owned By Institutions | 90.10 % | |||
| Number Of Shares Shorted | 2.27 M | |||
| Price To Earning | 55.24 X | |||
| Price To Book | 1.94 X | |||
| Price To Sales | 2.52 X | |||
| Revenue | 1.24 B | |||
| Gross Profit | 445.56 M | |||
| EBITDA | 233.09 M | |||
| Net Income | 133.57 M | |||
| Cash And Equivalents | 67.49 M | |||
| Cash Per Share | 0.68 X | |||
| Total Debt | 289.36 M | |||
| Debt To Equity | 0.32 % | |||
| Current Ratio | 3.44 X | |||
| Book Value Per Share | 16.48 X | |||
| Cash Flow From Operations | 171.12 M | |||
| Short Ratio | 1.96 X | |||
| Earnings Per Share | 1.39 X | |||
| Price To Earnings To Growth | 1.76 X | |||
| Target Price | 40.0 | |||
| Number Of Employees | 271 | |||
| Beta | 0.68 | |||
| Market Capitalization | 3.73 B | |||
| Total Asset | 2.1 B | |||
| Retained Earnings | 347.96 M | |||
| Working Capital | 281.8 M | |||
| Net Asset | 2.1 B |
About Simply Good Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Simply Good Foods's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Simply Good using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Simply Good Foods 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.
Simply Good Investors Sentiment
The influence of Simply Good's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Simply. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Simply Good's public news can be used to forecast risks associated with an investment in Simply. The trend in average sentiment can be used to explain how an investor holding Simply can time the market purely based on public headlines and social activities around Simply Good Foods. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Simply Good's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Simply Good's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Simply Good's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Simply Good.
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 Simply Good 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, Simply Good's short interest history, or implied volatility extrapolated from Simply Good options trading.
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When determining whether Simply Good Foods is a strong investment it is important to analyze Simply Good's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Simply Good's future performance. For an informed investment choice regarding Simply Stock, refer to the following important reports:Check out Simply Good Piotroski F Score and Simply Good Altman Z Score analysis. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Simply Stock analysis
When running Simply Good's price analysis, check to measure Simply Good'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 Simply Good is operating at the current time. Most of Simply Good's value examination focuses on studying past and present price action to predict the probability of Simply Good's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Simply Good's price. Additionally, you may evaluate how the addition of Simply Good to your portfolios can decrease your overall portfolio volatility.
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Is Simply Good's 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 Simply Good. If investors know Simply 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 Simply Good listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.32 | Earnings Share 1.39 | Revenue Per Share 12.705 | Quarterly Revenue Growth 0.053 | Return On Assets 0.0629 |
The market value of Simply Good Foods is measured differently than its book value, which is the value of Simply that is recorded on the company's balance sheet. Investors also form their own opinion of Simply Good's value that differs from its market value or its book value, called intrinsic value, which is Simply Good's 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 Simply Good's market value can be influenced by many factors that don't directly affect Simply Good's 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 Simply Good's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simply Good is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simply Good'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.