Ascent Solar Return On Equity vs. Price To Sales

ASTI Stock  USD 2.56  0.01  0.39%   
Considering Ascent Solar's profitability and operating efficiency indicators, Ascent Solar Technologies, may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Ascent Solar's ability to earn profits and add value for shareholders.
For Ascent Solar profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ascent Solar to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ascent Solar Technologies, utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ascent Solar's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ascent Solar Technologies, over time as well as its relative position and ranking within its peers.
  
Check out Trending Equities.
Is Semiconductors & Semiconductor Equipment 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 Ascent Solar. If investors know Ascent 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 Ascent Solar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Ascent Solar Technol is measured differently than its book value, which is the value of Ascent that is recorded on the company's balance sheet. Investors also form their own opinion of Ascent Solar's value that differs from its market value or its book value, called intrinsic value, which is Ascent Solar'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 Ascent Solar's market value can be influenced by many factors that don't directly affect Ascent Solar'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 Ascent Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ascent Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ascent Solar'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.

Ascent Solar Technol Price To Sales vs. Return On Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Ascent Solar's current stock value. Our valuation model uses many indicators to compare Ascent Solar value to that of its competitors to determine the firm's financial worth.
Ascent Solar Technologies, is rated fifth in return on equity category among its peers. It is number one stock in price to sales category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ascent Solar's earnings, one of the primary drivers of an investment's value.

Ascent Price To Sales vs. Return On Equity

Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Ascent Solar

Return On Equity

 = 

Net Income

Total Equity

 = 
-19.21
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.

Ascent Solar

P/S

 = 

MV Per Share

Revenue Per Share

 = 
12.80 X
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.

Ascent Price To Sales Comparison

Ascent Solar is currently under evaluation in price to sales category among its peers.

Ascent Solar Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Ascent Solar, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ascent Solar will eventually generate negative long term returns. The profitability progress is the general direction of Ascent Solar's change in net profit over the period of time. It can combine multiple indicators of Ascent Solar, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Ascent Solar Technologies, Inc. designs, manufactures, and sells copper-indium-gallium-diselenide photovoltaic products for aerospace, defense, emergency management, and consumerOEM applications. Ascent Solar Technologies, Inc. was incorporated in 2005 and is based in Thornton, Colorado. Ascent Solar operates under Solar classification in the United States and is traded on NASDAQ Exchange. It employs 51 people.

Ascent Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Ascent Solar. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Ascent Solar position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Ascent Solar's important profitability drivers and their relationship over time.

Use Ascent Solar in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ascent Solar position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ascent Solar will appreciate offsetting losses from the drop in the long position's value.

Ascent Solar Pair Trading

Ascent Solar Technologies, Pair Trading Analysis

The ability to find closely correlated positions to Ascent Solar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ascent Solar when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ascent Solar - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ascent Solar Technologies, to buy it.
The correlation of Ascent Solar is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ascent Solar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ascent Solar Technol moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ascent Solar can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Ascent Solar position

In addition to having Ascent Solar in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Warren Buffett Holdings Thematic Idea Now

Warren Buffett Holdings
Warren Buffett Holdings Theme
A long-term portfolio of publicly-traded stocks on US exchanges that are owned by Warren Buffett's holding company Berkshire Hathaway. The Warren Buffett Holdings theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Warren Buffett Holdings Theme or any other thematic opportunities.
View All  Next Launch
When determining whether Ascent Solar Technol offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ascent Solar'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 Ascent Solar Technologies, Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ascent Solar Technologies, Stock:
Check out Trending Equities.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
To fully project Ascent Solar's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ascent Solar Technol at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Ascent Solar's income statement, its balance sheet, and the statement of cash flows.
Potential Ascent Solar investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Ascent Solar investors may work on each financial statement separately, they are all related. The changes in Ascent Solar's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ascent Solar's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.