Northern Technologies Stock Price To Sales

NTIC Stock

USD 12.94 0.41 3.07%

Northern Technologies fundamentals help investors to digest information that contributes to Northern Technologies' financial success or failures. It also enables traders to predict the movement of Northern Stock. The fundamental analysis module provides a way to measure Northern Technologies' 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 Northern Technologies stock.

		Last Reported	Projected for Next Year
	Price To Sales Ratio	1.74	2.92

The current year's Price To Sales Ratio is expected to grow to 2.92.

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Northern Technologies Company Price To Sales Analysis

Northern Technologies' 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 Northern Technologies Price To Sales

1.49 X

Most of Northern Technologies' 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, Northern Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Northern Price To Sales Driver Correlations

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

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Short Term Investments	Good Will	Intangible Assets	Short Term Debt	Current Deferred Revenue	Net Tangible Assets	Total Permanent Equity	Long Term Debt Total	Capital Surpluse	Long Term Investments	Net Invested Capital	Net Working Capital	Capital Stock	Short Long Term Debt
Total Assets		0.99	0.36	0.98	0.93	0.96	0.9	0.98	0.61	0.96	0.71	0.79	0.8	0.73	0.81	0.78	0.75	-0.82	0.82	0.57	0.82	0.69	0.79	0.67
Total Stockholder Equity	0.99		0.22	1.0	0.89	0.92	0.83	0.97	0.59	0.93	0.63	0.69	0.7	0.62	0.73	0.81	0.77	-0.8	0.79	0.56	0.74	0.69	0.75	0.6
Net Debt	0.36	0.22		0.22	0.5	0.49	0.67	0.3	0.17	0.4	0.69	0.83	0.82	0.85	0.57	-0.09	0.05	-0.37	0.33	0.05	0.58	0.03	0.3	0.62
Retained Earnings	0.98	1.0	0.22		0.9	0.92	0.82	0.97	0.59	0.92	0.61	0.69	0.7	0.61	0.72	0.82	0.81	-0.79	0.8	0.53	0.74	0.69	0.75	0.57
Accounts Payable	0.93	0.89	0.5	0.9		0.96	0.96	0.94	0.68	0.92	0.67	0.85	0.88	0.83	0.86	0.73	0.74	-0.71	0.86	0.47	0.88	0.64	0.82	0.63
Net Receivables	0.96	0.92	0.49	0.92	0.96		0.96	0.96	0.65	0.95	0.81	0.85	0.87	0.84	0.88	0.76	0.74	-0.81	0.84	0.61	0.89	0.7	0.82	0.75
Total Liab	0.9	0.83	0.67	0.82	0.96	0.96		0.89	0.62	0.9	0.83	0.94	0.96	0.94	0.91	0.6	0.62	-0.73	0.81	0.5	0.91	0.6	0.8	0.77
Total Current Assets	0.98	0.97	0.3	0.97	0.94	0.96	0.89		0.68	0.93	0.66	0.75	0.77	0.71	0.78	0.86	0.82	-0.79	0.86	0.57	0.82	0.76	0.84	0.62
Common Stock	0.61	0.59	0.17	0.59	0.68	0.65	0.62	0.68		0.62	0.4	0.44	0.49	0.51	0.64	0.78	0.57	-0.28	0.9	0.63	0.83	0.75	0.93	0.45
Property Plant Equipment	0.96	0.93	0.4	0.92	0.92	0.95	0.9	0.93	0.62		0.72	0.78	0.82	0.77	0.91	0.77	0.76	-0.8	0.85	0.56	0.85	0.63	0.79	0.67
Short Term Investments	0.71	0.63	0.69	0.61	0.67	0.81	0.83	0.66	0.4	0.72		0.85	0.84	0.87	0.76	0.39	0.44	-0.74	0.59	0.48	0.77	0.49	0.61	0.92
Good Will	0.79	0.69	0.83	0.69	0.85	0.85	0.94	0.75	0.44	0.78	0.85		0.99	0.97	0.8	0.37	0.49	-0.7	0.66	0.27	0.82	0.39	0.62	0.79
Intangible Assets	0.8	0.7	0.82	0.7	0.88	0.87	0.96	0.77	0.49	0.82	0.84	0.99		0.98	0.86	0.41	0.51	-0.69	0.71	0.32	0.85	0.42	0.67	0.78
Short Term Debt	0.73	0.62	0.85	0.61	0.83	0.84	0.94	0.71	0.51	0.77	0.87	0.97	0.98		0.86	0.39	0.47	-0.66	0.69	0.36	0.86	0.45	0.68	0.8
Current Deferred Revenue	0.81	0.73	0.57	0.72	0.86	0.88	0.91	0.78	0.64	0.91	0.76	0.8	0.86	0.86		0.61	0.55	-0.64	0.81	0.6	0.89	0.56	0.79	0.7
Net Tangible Assets	0.78	0.81	-0.09	0.82	0.73	0.76	0.6	0.86	0.78	0.77	0.39	0.37	0.41	0.39	0.61		0.84	-0.59	0.85	0.66	0.69	0.84	0.82	0.42
Total Permanent Equity	0.75	0.77	0.05	0.81	0.74	0.74	0.62	0.82	0.57	0.76	0.44	0.49	0.51	0.47	0.55	0.84		-0.63	0.76	0.27	0.6	0.66	0.66	0.41
Long Term Debt Total	-0.82	-0.8	-0.37	-0.79	-0.71	-0.81	-0.73	-0.79	-0.28	-0.8	-0.74	-0.7	-0.69	-0.66	-0.64	-0.59	-0.63		-0.54	-0.5	-0.59	-0.61	-0.55	-0.74
Capital Surpluse	0.82	0.79	0.33	0.8	0.86	0.84	0.81	0.86	0.9	0.85	0.59	0.66	0.71	0.69	0.81	0.85	0.76	-0.54		0.58	0.93	0.71	0.9	0.62
Long Term Investments	0.57	0.56	0.05	0.53	0.47	0.61	0.5	0.57	0.63	0.56	0.48	0.27	0.32	0.36	0.6	0.66	0.27	-0.5	0.58		0.63	0.74	0.7	0.55
Net Invested Capital	0.82	0.74	0.58	0.74	0.88	0.89	0.91	0.82	0.83	0.85	0.77	0.82	0.85	0.86	0.89	0.69	0.6	-0.59	0.93	0.63		0.66	0.88	0.8
Net Working Capital	0.69	0.69	0.03	0.69	0.64	0.7	0.6	0.76	0.75	0.63	0.49	0.39	0.42	0.45	0.56	0.84	0.66	-0.61	0.71	0.74	0.66		0.87	0.53
Capital Stock	0.79	0.75	0.3	0.75	0.82	0.82	0.8	0.84	0.93	0.79	0.61	0.62	0.67	0.68	0.79	0.82	0.66	-0.55	0.9	0.7	0.88	0.87		0.6
Short Long Term Debt	0.67	0.6	0.62	0.57	0.63	0.75	0.77	0.62	0.45	0.67	0.92	0.79	0.78	0.8	0.7	0.42	0.41	-0.74	0.62	0.55	0.8	0.53	0.6

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Northern Price To Sales Historical Pattern

Today, most investors in Northern Technologies Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Northern Technologies' 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 Northern Technologies price to sales as a starting point in their analysis.

Northern Technologies 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.

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Predict Northern Technologies

Price To Sales Ratio Over Time

Northern Price To Sales Ratio

Price To Sales Ratio

2.92

At present, Northern Technologies' Price To Sales Ratio is projected to slightly decrease based on the last few years of reporting.

Based on the latest financial disclosure, Northern Technologies has a Price To Sales of 1.4863 times. This is 94.4% lower than that of the Chemicals sector and 99.59% lower than that of the Materials industry. The price to sales for all United States stocks is 86.99% higher than that of the company.

Northern Price To Sales Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Northern Technologies' 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 Northern Technologies could also be used in its relative valuation, which is a method of valuing Northern Technologies by comparing valuation metrics of similar companies.

Northern Technologies is currently under evaluation in price to sales category among its peers.

Northern Technologies Current Valuation Drivers

We derive many important indicators used in calculating different scores of Northern Technologies from analyzing Northern Technologies' financial statements. These drivers represent accounts that assess Northern Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Northern Technologies' important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	75.6M	152.0M	108.6M	120.7M	108.7M	114.1M
Enterprise Value	69.9M	144.7M	109.7M	122.1M	109.9M	115.4M

Northern Technologies 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, Northern Technologies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Northern Technologies' managers, analysts, and investors.

Environmental

Governance

Social

Northern Fundamentals

	Return On Equity	0.0841
	Return On Asset	0.0079
	Profit Margin	0.05 %
	Operating Margin	0.01 %
	Current Valuation	121.77 M
	Shares Outstanding	9.47 M
	Shares Owned By Insiders	17.60 %
	Shares Owned By Institutions	42.80 %
	Number Of Shares Shorted	144.68 K
	Price To Earning	16.72 X
	Price To Book	1.78 X
	Price To Sales	1.49 X
	Revenue	79.9 M
	Gross Profit	23.07 M
	EBITDA	1.2 M
	Net Income	4.24 M
	Cash And Equivalents	6.13 M
	Cash Per Share	0.66 X
	Total Debt	6.79 M
	Debt To Equity	0.07 %
	Current Ratio	2.74 X
	Book Value Per Share	7.29 X
	Cash Flow From Operations	5.54 M
	Short Ratio	11.93 X
	Earnings Per Share	0.46 X
	Target Price	20.0
	Number Of Employees	224
	Beta	0.62
	Market Capitalization	122.5 M
	Total Asset	89.34 M
	Retained Earnings	51 M
	Working Capital	22.95 M
	Current Asset	20.94 M
	Current Liabilities	3.99 M
	Annual Yield	0.02 %
	Five Year Return	2.94 %
	Net Asset	89.34 M
	Last Dividend Paid	0.28

About Northern Technologies Fundamental Analysis

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

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When determining whether Northern Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northern Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Northern Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Northern Technologies Stock:

How To Invest In Northern

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Is Northern Stock a good investment?

Details

What is Northern Technologies' Net Worth?

Details

Largest Specialty Chemicals Companies

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Largest Basic Materials Companies

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Check out Northern Technologies Piotroski F Score and Northern Technologies Altman Z Score analysis.

For information on how to trade Northern Stock refer to our How to Trade Northern Stock guide.

You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Is Specialty Chemicals space 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 Northern Technologies. If investors know Northern 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 Northern Technologies 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

(0.09)

Dividend Share

0.28

Earnings Share

0.46

Revenue Per Share

8.752

Quarterly Revenue Growth

(0.01)

The market value of Northern Technologies is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Technologies' value that differs from its market value or its book value, called intrinsic value, which is Northern Technologies' 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 Northern Technologies' market value can be influenced by many factors that don't directly affect Northern Technologies' 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 Northern Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Technologies' 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.

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Northern Technologies Stock Price To Sales

Northern Technologies Company Price To Sales Analysis

P/S

MV Per Share

Revenue Per Share

Current Northern Technologies Price To Sales

Northern Price To Sales Driver Correlations

Northern Price To Sales Historical Pattern

Northern Price To Sales Ratio

Price To Sales Ratio

2.92

Northern Price To Sales Peer Comparison

Northern Technologies Current Valuation Drivers

Northern Technologies ESG Sustainability

Northern Fundamentals

About Northern Technologies Fundamental Analysis

Also Currently Popular

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