Idex Asa Stock Price To Book
| IDEX Stock | NOK 1.93 0.02 1.05% |
Idex ASA fundamentals help investors to digest information that contributes to Idex ASA's financial success or failures. It also enables traders to predict the movement of Idex Stock. The fundamental analysis module provides a way to measure Idex ASA'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 Idex ASA stock.
Idex |
Idex ASA Company Price To Book Analysis
Idex ASA's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Idex ASA Price To Book | 9.22 X |
Most of Idex ASA's fundamental indicators, such as Price To Book, 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, Idex ASA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Idex ASA has a Price To Book of 9.2226 times. This is 18.17% lower than that of the Electronic Equipment, Instruments & Components sector and 8.69% lower than that of the Information Technology industry. The price to book for all Norway stocks is 3.02% higher than that of the company.
Idex Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Idex ASA's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Idex ASA could also be used in its relative valuation, which is a method of valuing Idex ASA by comparing valuation metrics of similar companies.Idex ASA is currently under evaluation in price to book category among related companies.
Idex Fundamentals
| Return On Equity | -2.19 | |||
| Return On Asset | -1.05 | |||
| Operating Margin | (8.78) % | |||
| Current Valuation | 1.29 B | |||
| Shares Outstanding | 1.17 B | |||
| Shares Owned By Insiders | 21.25 % | |||
| Shares Owned By Institutions | 12.48 % | |||
| Price To Earning | (11.37) X | |||
| Price To Book | 9.22 X | |||
| Price To Sales | 345.43 X | |||
| Revenue | 2.84 M | |||
| Gross Profit | 1.59 M | |||
| EBITDA | (30.63 M) | |||
| Net Income | (32.55 M) | |||
| Cash And Equivalents | 224.92 M | |||
| Cash Per Share | 0.38 X | |||
| Total Debt | 11 K | |||
| Debt To Equity | 3.00 % | |||
| Current Ratio | 8.23 X | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (27.46 M) | |||
| Earnings Per Share | (0.35) X | |||
| Target Price | 3.0 | |||
| Number Of Employees | 92 | |||
| Beta | 2.25 | |||
| Market Capitalization | 829.84 M | |||
| Total Asset | 42.13 M | |||
| Retained Earnings | (600 M) | |||
| Working Capital | 655 M | |||
| Current Asset | 698 M | |||
| Current Liabilities | 43 M | |||
| Net Asset | 42.13 M |
About Idex ASA Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Idex ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Idex ASA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Idex ASA 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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Complementary Tools for Idex Stock analysis
When running Idex ASA's price analysis, check to measure Idex ASA'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 Idex ASA is operating at the current time. Most of Idex ASA's value examination focuses on studying past and present price action to predict the probability of Idex ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Idex ASA's price. Additionally, you may evaluate how the addition of Idex ASA to your portfolios can decrease your overall portfolio volatility.
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