Edoc Acquisition Corp Valuation
ADOCDelisted Stock | USD 11.30 0.04 0.35% |
At this time, the firm appears to be overvalued. Edoc Acquisition Corp shows a prevailing Real Value of $9.53 per share. The current price of the firm is $11.3. Our model computes the value of Edoc Acquisition Corp from reviewing the firm fundamentals such as Price To Book of 3.16 X, shares owned by insiders of 6.35 %, and Current Valuation of 13.85 M as well as analyzing its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that Edoc Acquisition's price fluctuation is very steady at this time. Calculation of the real value of Edoc Acquisition Corp is based on 3 months time horizon. Increasing Edoc Acquisition's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Edoc Acquisition is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Edoc Stock. However, Edoc Acquisition's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. Historical | Market 11.3 | Real 9.53 | Hype 11.3 | Naive 11.45 |
The real value of Edoc Stock, also known as its intrinsic value, is the underlying worth of Edoc Acquisition Corp Company, which is reflected in its stock price. It is based on Edoc Acquisition's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Edoc Acquisition's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of Edoc Acquisition Corp helps investors to forecast how Edoc stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Edoc Acquisition more accurately as focusing exclusively on Edoc Acquisition's fundamentals will not take into account other important factors: Edoc Acquisition Total Value Analysis
Edoc Acquisition Corp is presently estimated to have valuation of 13.85 M with market capitalization of 10.32 M, debt of 2.21 M, and cash on hands of 4.1 K. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the Edoc Acquisition fundamentals before making equity appraisal based on enterprise value of the companyTakeover Price | Market Cap | Debt Obligations | Cash |
13.85 M | 10.32 M | 2.21 M | 4.1 K |
Edoc Acquisition Asset Utilization
One of the ways to look at asset utilization of Edoc is to check how much profit was generated for every dollar of assets it reports. Edoc Acquisition Corp shows a negative utilization of assets of -0.0699 percent, losing $6.99E-4 for each dollar of assets held by the firm. Inadequate asset utilization denotes the company is being less effective with each dollar of assets it shows. Put another way, asset utilization of Edoc Acquisition Corp shows how discouraging it operates for each dollar spent on its assets.Edoc Acquisition Ownership Allocation
The market capitalization of Edoc Acquisition Corp is $10.32 Million. Edoc Acquisition Corp shows 6.35 percent of its outstanding shares held by insiders and 2.44 percent owned by other corporate entities. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.Edoc Acquisition Profitability Analysis
Net Loss for the year was (2 M) with profit before overhead, payroll, taxes, and interest of 0.Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Edoc Acquisition's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Edoc Acquisition and how it compares across the competition.
About Edoc Acquisition Valuation
The delisted stock valuation mechanism determines Edoc Acquisition's current worth on a weekly basis. Our valuation model uses a comparative analysis of Edoc Acquisition. We calculate exposure to Edoc Acquisition's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Edoc Acquisition's related companies.Edoc Acquisition Corp. does not have significant operations. The company was incorporated in 2020 and is based in Victor, New York. Edoc Acquisition operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.
Edoc Acquisition Growth Indicators
Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines.
Common Stock Shares Outstanding | 5.9 M |
Check out Trending Equities 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 persons. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Edoc Stock
If you are still planning to invest in Edoc Acquisition Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Edoc Acquisition's history and understand the potential risks before investing.
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