Idex ASA Shares Outstanding vs. Current Valuation
Based on the key profitability measurements obtained from Idex ASA's financial statements, Idex ASA may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Idex ASA's ability to earn profits and add value for shareholders.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Please note, there is a significant difference between Idex ASA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Idex ASA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Idex ASA'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.
For Idex ASA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Idex ASA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Idex ASA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Idex ASA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Idex ASA over time as well as its relative position and ranking within its peers.
Idex |
Idex ASA Current Valuation vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Idex ASA's current stock value. Our valuation model uses many indicators to compare Idex ASA value to that of its competitors to determine the firm's financial worth. Idex ASA is currently regarded as number one stock in shares outstanding category among its peers. It also is considered the number one company in current valuation category among its peers reporting about 1.10 of Current Valuation per Shares Outstanding. 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 Idex ASA's earnings, one of the primary drivers of an investment's value.Idex Current Valuation vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Idex ASA |
| = | 1.17 B |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Idex ASA |
| = | 1.29 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Idex Current Valuation vs Competition
Idex ASA is considered the number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is currently estimated at about 10.92 Billion. Idex ASA retains roughly 1.29 Billion in current valuation claiming about 12% of equities under Information Technology industry.
Idex ASA Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Idex ASA, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Idex ASA will eventually generate negative long term returns. The profitability progress is the general direction of Idex ASA's change in net profit over the period of time. It can combine multiple indicators of Idex ASA, 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.
IDEX Biometrics ASA develops and sells fingerprint imaging and recognition technology in Europe, the Middle East, Africa, the Americas, and Asia. The company was founded in 1996 and is headquartered in Brum, Norway. IDEX BIOMETRICS operates under Software - Application classification in Norway and is traded on Oslo Stock Exchange. It employs 103 people.
Idex Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Idex ASA. 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 Idex ASA 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 Idex ASA's important profitability drivers and their relationship over time.
Learn to be your own money manager
Our tools can tell you how much better you can do entering a position in Idex ASA without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Portfolio Manager Now
Portfolio ManagerState of the art Portfolio Manager to monitor and improve performance of your invested capital |
| All Next | Launch Module |
Use Investing Themes to Complement your Idex ASA position
In addition to having Idex ASA 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 Cancer Fighters Thematic Idea Now
Cancer Fighters
Biotech and medical diagnostic companies that work on researching drugs or manufacturing of medical and therapeutics equipment that is directly related to the research, treatment, and detection of cancer or cancer related diseases. The Cancer Fighters theme has 60 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 Cancer Fighters Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Idex Stock
To fully project Idex ASA's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Idex ASA 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 Idex ASA's income statement, its balance sheet, and the statement of cash flows.