Strong Global Entertainment, Stock Price To Book
| SGE Stock | 1.39 0.04 2.80% |
Strong Global Entertainment, fundamentals help investors to digest information that contributes to Strong Global's financial success or failures. It also enables traders to predict the movement of Strong Stock. The fundamental analysis module provides a way to measure Strong Global'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 Strong Global stock.
The current year's Price To Book Ratio is expected to grow to 2.42. Strong | Price To Book |
Strong Global Entertainment, Company Price To Book Analysis
Strong Global's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Strong Global Price To Book | 1.63 X |
Most of Strong Global's fundamental indicators, such as Price To Book, 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, Strong Global Entertainment, is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Strong Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for Strong Global is extremely important. It helps to project a fair market value of Strong Stock properly, considering its historical fundamentals such as Price To Book. Since Strong Global'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 Strong Global'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 Strong Global's interrelated accounts and indicators.
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Strong Price To Book Historical Pattern
Today, most investors in Strong Global Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Strong Global'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 book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Strong Global price to book as a starting point in their analysis.
Strong Global Price To Book |
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Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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Strong Book Value Per Share
Book Value Per Share |
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Based on the latest financial disclosure, Strong Global Entertainment, has a Price To Book of 1.6323 times. This is 85.52% lower than that of the Technology Hardware, Storage & Peripherals sector and 42.12% lower than that of the Information Technology industry. The price to book for all United States stocks is 82.84% higher than that of the company.
Strong Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Strong Global's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Strong Global could also be used in its relative valuation, which is a method of valuing Strong Global by comparing valuation metrics of similar companies.Strong Global is currently under evaluation in price to book category among its peers.
Strong Fundamentals
| Return On Equity | 0.41 | ||||
| Return On Asset | 0.0155 | ||||
| Profit Margin | (0.06) % | ||||
| Operating Margin | (0.09) % | ||||
| Current Valuation | 9.73 M | ||||
| Shares Outstanding | 7.92 M | ||||
| Shares Owned By Insiders | 78.14 % | ||||
| Shares Owned By Institutions | 0.30 % | ||||
| Number Of Shares Shorted | 25.27 K | ||||
| Price To Book | 1.63 X | ||||
| Price To Sales | 0.25 X | ||||
| Revenue | 11.84 M | ||||
| Gross Profit | 9.55 M | ||||
| EBITDA | 610 K | ||||
| Net Income | 2.95 M | ||||
| Cash And Equivalents | 3.62 M | ||||
| Total Debt | 9.11 M | ||||
| Book Value Per Share | 0.88 X | ||||
| Cash Flow From Operations | 3.49 M | ||||
| Short Ratio | 0.38 X | ||||
| Earnings Per Share | 0.52 X | ||||
| Number Of Employees | 198 | ||||
| Market Capitalization | 11.32 M | ||||
| Total Asset | 26.53 M | ||||
| Retained Earnings | (2.71 M) | ||||
| Working Capital | 9.62 M | ||||
| Net Asset | 26.53 M |
About Strong Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Strong Global Entertainment,'s financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Strong Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Strong Global Entertainment, 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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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.Additional Information and Resources on Investing in Strong Stock
When determining whether Strong Global Entert is a strong investment it is important to analyze Strong Global'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 Strong Global's future performance. For an informed investment choice regarding Strong Stock, refer to the following important reports:Check out Strong Global Piotroski F Score and Strong Global Altman Z Score analysis. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Technology Hardware, Storage & Peripherals 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 Strong Global. If investors know Strong 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 Strong Global 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 (0.96) | Earnings Share 0.52 | Revenue Per Share 5.83 | Quarterly Revenue Growth 0.187 | Return On Assets 0.0155 |
The market value of Strong Global Entert is measured differently than its book value, which is the value of Strong that is recorded on the company's balance sheet. Investors also form their own opinion of Strong Global's value that differs from its market value or its book value, called intrinsic value, which is Strong Global'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 Strong Global's market value can be influenced by many factors that don't directly affect Strong Global'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 Strong Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Strong Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Strong Global'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.