Wearable Devices Stock Current Valuation
| WLDS Stock | USD 0.37 0.09 19.57% |
Valuation analysis of Wearable Devices helps investors to measure Wearable Devices' intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. Enterprise Value Over EBITDA is likely to drop to -0.69 in 2024. Enterprise Value Multiple is likely to drop to -0.69 in 2024. Fundamental drivers impacting Wearable Devices' valuation include:
Price Book 2.066 | Enterprise Value 3.2 M | Enterprise Value Ebitda (0.88) | Price Sales 138.9824 | Enterprise Value Revenue 87.0361 |
Overvalued
Today
Please note that Wearable Devices' price fluctuation is out of control at this time. Calculation of the real value of Wearable Devices is based on 3 months time horizon. Increasing Wearable Devices' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Wearable Devices is useful when determining the fair value of the Wearable stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Wearable Devices. Since Wearable Devices is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Wearable Stock. However, Wearable Devices' 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 0.37 | Real 0.36 | Hype 0.37 | Naive 0.35 |
The real value of Wearable Stock, also known as its intrinsic value, is the underlying worth of Wearable Devices Company, which is reflected in its stock price. It is based on Wearable Devices' financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Wearable Devices' 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 Wearable Devices' 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 Wearable Devices helps investors to forecast how Wearable stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Wearable Devices more accurately as focusing exclusively on Wearable Devices' fundamentals will not take into account other important factors: Wearable Devices Company Current Valuation Analysis
Wearable Devices' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Wearable Devices Current Valuation | 3.2 M |
Most of Wearable Devices' fundamental indicators, such as Current Valuation, 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, Wearable Devices is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Wearable Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Wearable Devices is extremely important. It helps to project a fair market value of Wearable Stock properly, considering its historical fundamentals such as Current Valuation. Since Wearable Devices' 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 Wearable Devices' 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 Wearable Devices' interrelated accounts and indicators.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Wearable Devices has a Current Valuation of 3.2 M. This is 99.98% lower than that of the Textiles, Apparel & Luxury Goods sector and 100.0% lower than that of the Consumer Discretionary industry. The current valuation for all United States stocks is 99.98% higher than that of the company.
Wearable Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Wearable Devices' direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Wearable Devices could also be used in its relative valuation, which is a method of valuing Wearable Devices by comparing valuation metrics of similar companies.Wearable Devices is currently under evaluation in current valuation category among related companies.
Wearable Fundamentals
| Return On Equity | -1.01 | ||||
| Return On Asset | -0.54 | ||||
| Operating Margin | (59.03) % | ||||
| Current Valuation | 3.2 M | ||||
| Shares Outstanding | 20.39 M | ||||
| Shares Owned By Insiders | 28.40 % | ||||
| Shares Owned By Institutions | 1.59 % | ||||
| Number Of Shares Shorted | 251.66 K | ||||
| Price To Book | 2.07 X | ||||
| Price To Sales | 138.98 X | ||||
| Revenue | 82 K | ||||
| Gross Profit | 35 K | ||||
| EBITDA | (8.12 M) | ||||
| Net Income | (7.81 M) | ||||
| Cash And Equivalents | 320 K | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 575 K | ||||
| Current Ratio | 0.32 X | ||||
| Book Value Per Share | 0.27 X | ||||
| Cash Flow From Operations | (8.43 M) | ||||
| Short Ratio | 0.12 X | ||||
| Earnings Per Share | (0.48) X | ||||
| Number Of Employees | 29 | ||||
| Market Capitalization | 7.48 M | ||||
| Total Asset | 7.59 M | ||||
| Retained Earnings | (21.22 M) | ||||
| Working Capital | 4.96 M | ||||
| Net Asset | 7.59 M |
About Wearable Devices Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Wearable Devices's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wearable Devices using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wearable Devices 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 Wearable Devices 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, Wearable Devices' short interest history, or implied volatility extrapolated from Wearable Devices options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Wearable Devices is a strong investment it is important to analyze Wearable Devices' 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 Wearable Devices' future performance. For an informed investment choice regarding Wearable Stock, refer to the following important reports:Check out Wearable Devices Piotroski F Score and Wearable Devices Altman Z Score analysis. For more information on how to buy Wearable Stock please use our How to Invest in Wearable Devices guide.Note that the Wearable Devices information on this page should be used as a complementary analysis to other Wearable Devices' 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Wearable Stock analysis
When running Wearable Devices' price analysis, check to measure Wearable Devices' 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 Wearable Devices is operating at the current time. Most of Wearable Devices' value examination focuses on studying past and present price action to predict the probability of Wearable Devices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wearable Devices' price. Additionally, you may evaluate how the addition of Wearable Devices to your portfolios can decrease your overall portfolio volatility.
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum |
Is Wearable Devices' 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 Wearable Devices. If investors know Wearable 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 Wearable Devices listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.48) | Revenue Per Share 0.005 | Quarterly Revenue Growth 3.118 | Return On Assets (0.54) | Return On Equity (1.01) |
The market value of Wearable Devices is measured differently than its book value, which is the value of Wearable that is recorded on the company's balance sheet. Investors also form their own opinion of Wearable Devices' value that differs from its market value or its book value, called intrinsic value, which is Wearable Devices' 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 Wearable Devices' market value can be influenced by many factors that don't directly affect Wearable Devices' 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 Wearable Devices' value and its price as these two are different measures arrived at by different means. Investors typically determine if Wearable Devices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wearable Devices' 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.