Palatin Technologies Stock Fundamentals
| PTN Stock | USD 1.90 0.03 1.60% |
Palatin Technologies fundamentals help investors to digest information that contributes to Palatin Technologies' financial success or failures. It also enables traders to predict the movement of Palatin Stock. The fundamental analysis module provides a way to measure Palatin Technologies' 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 Palatin Technologies stock.
At this time, Palatin Technologies' Selling General Administrative is very stable compared to the past year. As of the 19th of April 2024, Gross Profit is likely to grow to about 9.3 M, while Depreciation And Amortization is likely to drop about 246.5 K. Palatin | Select Account or Indicator |
Palatin Technologies Company Return On Equity Analysis
Palatin Technologies' 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.
Current Palatin Technologies Return On Equity | -14.13 |
Most of Palatin Technologies' fundamental indicators, such as Return On Equity, 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, Palatin Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
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Palatin Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Palatin Technologies has a Return On Equity of -14.133. This is 41.04% lower than that of the Biotechnology sector and 61.24% lower than that of the Health Care industry. The return on equity for all United States stocks is notably higher than that of the company.
Palatin Technologies Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Palatin Technologies's current stock value. Our valuation model uses many indicators to compare Palatin Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Palatin Technologies competition to find correlations between indicators driving Palatin Technologies's intrinsic value. More Info.Palatin Technologies is rated below average in return on equity category among related companies. It is rated below average in return on asset category among related companies . At this time, Palatin Technologies' Return On Equity is very stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Palatin Technologies by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Palatin Technologies' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Palatin Technologies' earnings, one of the primary drivers of an investment's value.Palatin Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Palatin Technologies' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Palatin Technologies could also be used in its relative valuation, which is a method of valuing Palatin Technologies by comparing valuation metrics of similar companies.Palatin Technologies is currently under evaluation in return on equity category among related companies.
Palatin Fundamentals
| Return On Equity | -14.13 | ||||
| Return On Asset | -0.85 | ||||
| Operating Margin | (3.27) % | ||||
| Current Valuation | 21.51 M | ||||
| Shares Outstanding | 16.14 M | ||||
| Shares Owned By Insiders | 3.35 % | ||||
| Shares Owned By Institutions | 10.72 % | ||||
| Number Of Shares Shorted | 1.46 M | ||||
| Price To Earning | 3.16 X | ||||
| Price To Book | 4.25 X | ||||
| Price To Sales | 4.37 X | ||||
| Revenue | 4.85 M | ||||
| Gross Profit | (18.2 M) | ||||
| EBITDA | (32.17 M) | ||||
| Net Income | (27.54 M) | ||||
| Cash And Equivalents | 7.99 M | ||||
| Cash Per Share | 3.22 X | ||||
| Total Debt | 1.05 M | ||||
| Debt To Equity | 0.07 % | ||||
| Current Ratio | 2.13 X | ||||
| Book Value Per Share | (0.80) X | ||||
| Cash Flow From Operations | (28.42 M) | ||||
| Short Ratio | 2.61 X | ||||
| Earnings Per Share | (2.98) X | ||||
| Target Price | 9.33 | ||||
| Number Of Employees | 34 | ||||
| Beta | 0.89 | ||||
| Market Capitalization | 30.18 M | ||||
| Total Asset | 17.94 M | ||||
| Retained Earnings | (415.54 M) | ||||
| Working Capital | 1.19 M | ||||
| Current Asset | 10.7 M | ||||
| Current Liabilities | 13.88 M | ||||
| Net Asset | 17.94 M |
About Palatin Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Palatin Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Palatin Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Palatin Technologies 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 6.7 M | 6.3 M | |
| Total Revenue | 5.6 M | 5.3 M | |
| Cost Of Revenue | 481.2 K | 457.2 K | |
| Stock Based Compensation To Revenue | 0.33 | 0.32 | |
| Sales General And Administrative To Revenue | 95.18 | 99.83 | |
| Research And Ddevelopement To Revenue | 4.20 | 3.99 | |
| Capex To Revenue | (0.08) | (0.08) | |
| Revenue Per Share | 0.51 | 0.49 | |
| Ebit Per Revenue | (7.69) | (8.08) |
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Check out Palatin Technologies Piotroski F Score and Palatin Technologies Altman Z Score analysis. To learn how to invest in Palatin Stock, please use our How to Invest in Palatin Technologies guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Palatin Stock analysis
When running Palatin Technologies' price analysis, check to measure Palatin Technologies' 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 Palatin Technologies is operating at the current time. Most of Palatin Technologies' value examination focuses on studying past and present price action to predict the probability of Palatin Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palatin Technologies' price. Additionally, you may evaluate how the addition of Palatin Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Palatin Technologies' industry 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 Palatin Technologies. If investors know Palatin 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 Palatin Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.98) | Revenue Per Share 0.575 | Quarterly Revenue Growth 0.982 | Return On Assets (0.85) | Return On Equity (14.13) |
The market value of Palatin Technologies is measured differently than its book value, which is the value of Palatin that is recorded on the company's balance sheet. Investors also form their own opinion of Palatin Technologies' value that differs from its market value or its book value, called intrinsic value, which is Palatin Technologies' 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 Palatin Technologies' market value can be influenced by many factors that don't directly affect Palatin Technologies' 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 Palatin Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Palatin Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Palatin Technologies' 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.