Euronav Nv Stock Price To Sales

CMBT Stock   11.01  0.28  2.48%   
Euronav NV fundamentals help investors to digest information that contributes to Euronav NV's financial success or failures. It also enables traders to predict the movement of Euronav Stock. The fundamental analysis module provides a way to measure Euronav NV'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 Euronav NV stock.
Last ReportedProjected for Next Year
Price To Sales Ratio 2.82  1.70 
Price To Sales Ratio is likely to drop to 1.70 in 2024.
  
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Euronav NV Company Price To Sales Analysis

Euronav NV'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 Euronav NV Price To Sales

    
  2.26 X  
Most of Euronav NV'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, Euronav NV is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Euronav Price To Sales Driver Correlations

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

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

Euronav Price To Sales Ratio

Price To Sales Ratio

1.7

At this time, Euronav NV's Price To Sales Ratio is comparatively stable compared to the past year.
Based on the latest financial disclosure, Euronav NV has a Price To Sales of 2.2601 times. This is 28.41% higher than that of the Oil, Gas & Consumable Fuels sector and 35.97% lower than that of the Energy industry. The price to sales for all United States stocks is 80.21% higher than that of the company.

Euronav Price To Sales Peer Comparison

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

Euronav NV Current Valuation Drivers

We derive many important indicators used in calculating different scores of Euronav NV from analyzing Euronav NV's financial statements. These drivers represent accounts that assess Euronav NV's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Euronav NV's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap1.3B2.7B1.8B3.4B3.6B3.7B
Enterprise Value2.9B4.2B3.4B5.0B4.1B4.3B

Euronav Fundamentals

About Euronav NV Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Euronav NV's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Euronav NV using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Euronav NV 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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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Euronav Stock Analysis

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