Spruce Power Holding Stock Price To Sales

SPRU Stock

2.88 0.05 1.71%

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

		Last Reported	Projected for Next Year
	Price To Sales Ratio	1.02	0.97

Price To Sales Ratio is likely to drop to 0.97 in 2024.

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Spruce Power Holding Company Price To Sales Analysis

Spruce Power'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

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Current Spruce Power Price To Sales

0.67 X

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

Spruce Price To Sales Driver Correlations

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

	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Long Term Debt	Good Will	Total Liab	Net Invested Capital	Short Long Term Debt	Capital Stock	Net Working Capital	Short Term Debt	Intangible Assets	Short Term Investments
Net Tangible Assets		-0.63	0.18	0.77	0.97	0.77	0.48	0.77	0.96	0.03	-0.04	0.47	0.41	0.47	0.77	-0.12	0.3	0.95	-0.06	0.51	0.36
Retained Earnings	-0.63		-0.13	-0.71	-0.62	-0.26	-0.97	-0.93	-0.69	0.2	-0.74	-0.98	-0.65	-0.98	-0.93	-0.58	0.36	-0.57	-0.62	-0.98	-0.84
Accounts Payable	0.18	-0.13		0.63	0.42	0.35	0.13	0.25	0.41	-0.08	-0.12	0.12	0.31	0.11	0.26	-0.14	0.35	0.43	-0.12	0.1	-0.04
Net Receivables	0.77	-0.71	0.63		0.87	0.53	0.62	0.84	0.87	0.06	0.18	0.61	0.5	0.61	0.84	0.13	0.14	0.83	0.18	0.62	0.45
Total Current Assets	0.97	-0.62	0.42	0.87		0.81	0.49	0.78	1.0	-0.03	-0.05	0.47	0.48	0.47	0.78	-0.13	0.38	0.99	-0.08	0.51	0.32
Common Stock	0.77	-0.26	0.35	0.53	0.81		0.14	0.5	0.77	-0.22	-0.35	0.12	0.49	0.11	0.51	-0.24	0.74	0.8	-0.21	0.16	-0.17
Property Plant Equipment	0.48	-0.97	0.13	0.62	0.49	0.14		0.88	0.56	-0.36	0.85	1.0	0.73	1.0	0.88	0.7	-0.41	0.43	0.74	1.0	0.82
Total Assets	0.77	-0.93	0.25	0.84	0.78	0.5	0.88		0.82	-0.23	0.53	0.87	0.75	0.87	1.0	0.51	-0.04	0.71	0.56	0.89	0.6
Total Stockholder Equity	0.96	-0.69	0.41	0.87	1.0	0.77	0.56	0.82		-0.06	0.03	0.55	0.51	0.55	0.82	-0.07	0.3	0.99	-0.02	0.58	0.4
Current Deferred Revenue	0.03	0.2	-0.08	0.06	-0.03	-0.22	-0.36	-0.23	-0.06		-0.36	-0.33	-0.8	-0.32	-0.24	-0.44	-0.26	0.0	-0.43	-0.35	0.07
Net Debt	-0.04	-0.74	-0.12	0.18	-0.05	-0.35	0.85	0.53	0.03	-0.36		0.85	0.51	0.85	0.52	0.87	-0.73	-0.11	0.87	0.83	0.77
Long Term Debt	0.47	-0.98	0.12	0.61	0.47	0.12	1.0	0.87	0.55	-0.33	0.85		0.7	1.0	0.87	0.7	-0.44	0.41	0.73	1.0	0.84
Good Will	0.41	-0.65	0.31	0.5	0.48	0.49	0.73	0.75	0.51	-0.8	0.51	0.7		0.69	0.75	0.61	0.22	0.41	0.63	0.72	0.23
Total Liab	0.47	-0.98	0.11	0.61	0.47	0.11	1.0	0.87	0.55	-0.32	0.85	1.0	0.69		0.87	0.7	-0.45	0.42	0.73	1.0	0.85
Net Invested Capital	0.77	-0.93	0.26	0.84	0.78	0.51	0.88	1.0	0.82	-0.24	0.52	0.87	0.75	0.87		0.51	-0.03	0.71	0.55	0.89	0.6
Short Long Term Debt	-0.12	-0.58	-0.14	0.13	-0.13	-0.24	0.7	0.51	-0.07	-0.44	0.87	0.7	0.61	0.7	0.51		-0.47	-0.24	1.0	0.69	0.42
Capital Stock	0.3	0.36	0.35	0.14	0.38	0.74	-0.41	-0.04	0.3	-0.26	-0.73	-0.44	0.22	-0.45	-0.03	-0.47		0.38	-0.46	-0.4	-0.73
Net Working Capital	0.95	-0.57	0.43	0.83	0.99	0.8	0.43	0.71	0.99	0.0	-0.11	0.41	0.41	0.42	0.71	-0.24	0.38		-0.19	0.45	0.32
Short Term Debt	-0.06	-0.62	-0.12	0.18	-0.08	-0.21	0.74	0.56	-0.02	-0.43	0.87	0.73	0.63	0.73	0.55	1.0	-0.46	-0.19		0.72	0.44
Intangible Assets	0.51	-0.98	0.1	0.62	0.51	0.16	1.0	0.89	0.58	-0.35	0.83	1.0	0.72	1.0	0.89	0.69	-0.4	0.45	0.72		0.83
Short Term Investments	0.36	-0.84	-0.04	0.45	0.32	-0.17	0.82	0.6	0.4	0.07	0.77	0.84	0.23	0.85	0.6	0.42	-0.73	0.32	0.44	0.83

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Spruce Price To Sales Historical Pattern

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

Spruce Power 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

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Price To Sales Ratio Over Time

Spruce Price To Sales Ratio

Price To Sales Ratio

0.97

At this time, Spruce Power's Price To Sales Ratio is comparatively stable compared to the past year.

Based on the latest financial disclosure, Spruce Power Holding has a Price To Sales of 0.6721 times. This is 85.91% lower than that of the Semiconductors & Semiconductor Equipment sector and 21.85% lower than that of the Information Technology industry. The price to sales for all United States stocks is 94.11% higher than that of the company.

Spruce Price To Sales Peer Comparison

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

Spruce Power is currently under evaluation in price to sales category among its peers.

Spruce Power Current Valuation Drivers

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

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	277.4M	2.0B	458.3M	81.3M	73.2M	69.5M
Enterprise Value	287.8M	1.7B	111.2M	565.6M	509.1M	438.5M

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

Environmental

Governance

Social

Spruce Fundamentals

	Return On Equity	-0.26
	Return On Asset	-0.0107
	Profit Margin	(0.76) %
	Operating Margin	(0.19) %
	Current Valuation	551.29 M
	Shares Outstanding	18.56 M
	Shares Owned By Insiders	13.40 %
	Shares Owned By Institutions	21.00 %
	Number Of Shares Shorted	318.16 K
	Price To Book	0.36 X
	Price To Sales	0.67 X
	Revenue	79.86 M
	Gross Profit	13.24 M
	EBITDA	5.87 M
	Net Income	(61.71 M)
	Total Debt	625.68 M
	Book Value Per Share	10.90 X
	Cash Flow From Operations	(33.66 M)
	Short Ratio	8.45 X
	Earnings Per Share	(3.28) X
	Target Price	6.0
	Number Of Employees	142
	Beta	1.21
	Market Capitalization	43.42 M
	Total Asset	895.02 M
	Retained Earnings	(257.89 M)
	Working Capital	131.63 M
	Net Asset	895.02 M

About Spruce Power Fundamental Analysis

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

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

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