Nexgel Warrant Stock Price To Sales

NXGLW Stock  USD 0.48  0.01  1.04%   
NexGel Warrant fundamentals help investors to digest information that contributes to NexGel Warrant's financial success or failures. It also enables traders to predict the movement of NexGel Stock. The fundamental analysis module provides a way to measure NexGel Warrant'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 NexGel Warrant stock.
Last ReportedProjected for Next Year
Price To Sales Ratio 2.95  2.81 
Price To Sales Ratio is likely to drop to 2.81 in 2024.
  
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NexGel Warrant Company Price To Sales Analysis

NexGel Warrant'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.

Current NexGel Warrant Price To Sales

    
  2.81  
Most of NexGel Warrant'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, NexGel Warrant is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

NexGel Price To Sales Driver Correlations

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

NexGel Price To Sales Historical Pattern

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

NexGel Price To Sales Ratio

Price To Sales Ratio

2.81

At this time, NexGel Warrant's Price To Sales Ratio is fairly stable compared to the past year.

NexGel Price To Sales Peer Comparison

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

NexGel Warrant Current Valuation Drivers

We derive many important indicators used in calculating different scores of NexGel Warrant from analyzing NexGel Warrant's financial statements. These drivers represent accounts that assess NexGel Warrant's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of NexGel Warrant's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap47.8M367.1M14.5M7.0M12.1M11.5M
Enterprise Value48.4M368.3M5.5M8.0M12.2M11.6M

NexGel Fundamentals

About NexGel Warrant Fundamental Analysis

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

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