Nel Asa Stock Price To Sales

NLLSF Stock  USD 0.47  0.05  11.90%   
Nel ASA fundamentals help investors to digest information that contributes to Nel ASA's financial success or failures. It also enables traders to predict the movement of Nel Pink Sheet. The fundamental analysis module provides a way to measure Nel 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 Nel ASA pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Nel ASA Company Price To Sales Analysis

Nel ASA'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.

P/S

 = 

MV Per Share

Revenue Per Share

More About Price To Sales | All Equity Analysis

Current Nel ASA Price To Sales

    
  3.05 X  
Most of Nel ASA'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, Nel ASA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
Competition

Based on the latest financial disclosure, Nel ASA has a Price To Sales of 3.0466 times. This is 89.02% lower than that of the Industrials sector and significantly higher than that of the Specialty Industrial Machinery industry. The price to sales for all United States stocks is 73.32% higher than that of the company.

Nel Price To Sales Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nel ASA's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Nel ASA could also be used in its relative valuation, which is a method of valuing Nel ASA by comparing valuation metrics of similar companies.
Nel ASA is currently under evaluation in price to sales category among related companies.

Nel Fundamentals

About Nel ASA Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nel ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nel ASA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nel 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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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nel ASA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
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Complementary Tools for Nel Pink Sheet analysis

When running Nel ASA's price analysis, check to measure Nel 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 Nel ASA is operating at the current time. Most of Nel ASA's value examination focuses on studying past and present price action to predict the probability of Nel 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 Nel ASA's price. Additionally, you may evaluate how the addition of Nel ASA to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Nel ASA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nel ASA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nel 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.