Wimi Hologram Cloud Stock Price To Sales
| WIMI Stock | USD 0.83 0.04 5.06% |
WiMi Hologram Cloud fundamentals help investors to digest information that contributes to WiMi Hologram's financial success or failures. It also enables traders to predict the movement of WiMi Stock. The fundamental analysis module provides a way to measure WiMi Hologram'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 WiMi Hologram stock.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 0.86 | 0.81 |
WiMi | Price To Sales |
WiMi Hologram Cloud Company Price To Sales Analysis
WiMi Hologram'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 WiMi Hologram Price To Sales | 0.13 X |
Most of WiMi Hologram'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, WiMi Hologram Cloud is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
WiMi Price To Sales Driver Correlations
Understanding the fundamental principles of building solid financial models for WiMi Hologram is extremely important. It helps to project a fair market value of WiMi Stock properly, considering its historical fundamentals such as Price To Sales. Since WiMi Hologram'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 WiMi Hologram'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 WiMi Hologram's interrelated accounts and indicators.
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WiMi Price To Sales Historical Pattern
Today, most investors in WiMi Hologram Stock are looking for potential investment opportunities by analyzing not only static indicators but also various WiMi Hologram'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 WiMi Hologram price to sales as a starting point in their analysis.
WiMi Hologram Price To Sales |
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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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WiMi Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, WiMi Hologram Cloud has a Price To Sales of 0.1333 times. This is 99.5% lower than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The price to sales for all United States stocks is 98.83% higher than that of the company.
WiMi Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses WiMi Hologram'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 WiMi Hologram could also be used in its relative valuation, which is a method of valuing WiMi Hologram by comparing valuation metrics of similar companies.WiMi Hologram is currently under evaluation in price to sales category among its peers.
WiMi Hologram Current Valuation Drivers
We derive many important indicators used in calculating different scores of WiMi Hologram from analyzing WiMi Hologram's financial statements. These drivers represent accounts that assess WiMi Hologram's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of WiMi Hologram's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 2.3B | 2.4B | 1.6B | 438.9M | 501.5M | 476.4M | |
| Enterprise Value | 2.2B | 2.2B | 951.4M | (89.8M) | 213.2M | 202.6M |
WiMi Fundamentals
| Return On Equity | -0.47 | ||||
| Return On Asset | -0.0892 | ||||
| Profit Margin | (0.67) % | ||||
| Operating Margin | (0.01) % | ||||
| Current Valuation | (56 M) | ||||
| Shares Outstanding | 88.15 M | ||||
| Shares Owned By Institutions | 1.11 % | ||||
| Number Of Shares Shorted | 778.85 K | ||||
| Price To Book | 0.79 X | ||||
| Price To Sales | 0.13 X | ||||
| Revenue | 585.37 M | ||||
| Gross Profit | 249.57 M | ||||
| EBITDA | (509.6 M) | ||||
| Net Income | (510.37 M) | ||||
| Cash And Equivalents | 740.97 M | ||||
| Cash Per Share | 8.55 X | ||||
| Total Debt | 49.92 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 6.51 X | ||||
| Book Value Per Share | 7.63 X | ||||
| Cash Flow From Operations | 88.56 M | ||||
| Short Ratio | 3.97 X | ||||
| Earnings Per Share | (0.65) X | ||||
| Target Price | 7.0 | ||||
| Number Of Employees | 107 | ||||
| Beta | 1.27 | ||||
| Market Capitalization | 81.51 M | ||||
| Total Asset | 1.03 B | ||||
| Retained Earnings | (940.33 M) | ||||
| Working Capital | 624.24 M | ||||
| Net Asset | 1.03 B |
About WiMi Hologram Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze WiMi Hologram Cloud's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WiMi Hologram using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WiMi Hologram Cloud 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 WiMi Hologram Cloud offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WiMi Hologram's 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 Wimi Hologram Cloud Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wimi Hologram Cloud Stock:Check out WiMi Hologram Piotroski F Score and WiMi Hologram Altman Z Score analysis. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Movies & Entertainment 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 WiMi Hologram. If investors know WiMi 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 WiMi Hologram 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 (0.80) | Earnings Share (0.65) | Revenue Per Share 6.558 | Quarterly Revenue Growth 0.098 | Return On Assets (0.09) |
The market value of WiMi Hologram Cloud is measured differently than its book value, which is the value of WiMi that is recorded on the company's balance sheet. Investors also form their own opinion of WiMi Hologram's value that differs from its market value or its book value, called intrinsic value, which is WiMi Hologram'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 WiMi Hologram's market value can be influenced by many factors that don't directly affect WiMi Hologram'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 WiMi Hologram's value and its price as these two are different measures arrived at by different means. Investors typically determine if WiMi Hologram is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WiMi Hologram'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.