He Equipment Services Stock Price To Sales

HEES Stock  USD 59.25  0.42  0.70%   
HE Equipment Services fundamentals help investors to digest information that contributes to HE Equipment's financial success or failures. It also enables traders to predict the movement of HEES Stock. The fundamental analysis module provides a way to measure HE Equipment'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 HE Equipment stock.
Last ReportedProjected for Next Year
Price To Sales Ratio 1.29  0.66 
Price To Sales Ratio is likely to drop to 0.66 in 2024.
  
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HE Equipment Services Company Price To Sales Analysis

HE Equipment'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 HE Equipment Price To Sales

    
  1.43 X  
Most of HE Equipment'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, HE Equipment Services is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

HEES Price To Sales Driver Correlations

Understanding the fundamental principles of building solid financial models for HE Equipment is extremely important. It helps to project a fair market value of HEES Stock properly, considering its historical fundamentals such as Price To Sales. Since HE Equipment'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 HE Equipment'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 HE Equipment's interrelated accounts and indicators.
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HEES Price To Sales Historical Pattern

Today, most investors in HE Equipment Stock are looking for potential investment opportunities by analyzing not only static indicators but also various HE Equipment'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 price to sales growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of HE Equipment price to sales as a starting point in their analysis.
   HE Equipment Price To Sales   
       Timeline  
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

HEES Price To Sales Ratio

Price To Sales Ratio

0.66

At this time, HE Equipment's Price To Sales Ratio is comparatively stable compared to the past year.
Based on the latest financial disclosure, HE Equipment Services has a Price To Sales of 1.4287 times. This is 94.85% lower than that of the Trading Companies & Distributors sector and 12.88% lower than that of the Industrials industry. The price to sales for all United States stocks is 87.49% higher than that of the company.

HEES Price To Sales Peer Comparison

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

HE Equipment ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, HE Equipment's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to HE Equipment's managers, analysts, and investors.
Environmental
Governance
Social

HEES Fundamentals

About HE Equipment Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze HE Equipment Services's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of HE Equipment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of HE Equipment Services 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.

Thematic Opportunities

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Additional Tools for HEES Stock Analysis

When running HE Equipment's price analysis, check to measure HE Equipment'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 HE Equipment is operating at the current time. Most of HE Equipment's value examination focuses on studying past and present price action to predict the probability of HE Equipment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HE Equipment's price. Additionally, you may evaluate how the addition of HE Equipment to your portfolios can decrease your overall portfolio volatility.