Suncar Technology Group Stock Price To Book
| SDA Stock | 8.30 0.67 8.78% |
SunCar Technology Group fundamentals help investors to digest information that contributes to SunCar Technology's financial success or failures. It also enables traders to predict the movement of SunCar Stock. The fundamental analysis module provides a way to measure SunCar Technology'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 SunCar Technology stock.
As of April 30, 2024, Price To Book Ratio is expected to decline to -416.48. SunCar | Price To Book |
SunCar Technology Group Company Price To Book Analysis
SunCar Technology'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 SunCar Technology Price To Book | 66.67 X |
Most of SunCar Technology'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, SunCar Technology Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
SunCar Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for SunCar Technology is extremely important. It helps to project a fair market value of SunCar Stock properly, considering its historical fundamentals such as Price To Book. Since SunCar Technology's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of SunCar Technology's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of SunCar Technology's interrelated accounts and indicators.
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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.
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SunCar Book Value Per Share
Book Value Per Share |
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Based on the latest financial disclosure, SunCar Technology Group has a Price To Book of 66 times. This is much higher than that of the Internet & Direct Marketing Retail sector and notably higher than that of the Consumer Discretionary industry. The price to book for all United States stocks is notably lower than that of the firm.
SunCar Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SunCar Technology'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 SunCar Technology could also be used in its relative valuation, which is a method of valuing SunCar Technology by comparing valuation metrics of similar companies.SunCar Technology is currently under evaluation in price to book category among related companies.
SunCar Fundamentals
| Return On Equity | -0.31 | ||||
| Return On Asset | -0.0499 | ||||
| Profit Margin | (0.04) % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 767.49 M | ||||
| Shares Outstanding | 38.48 M | ||||
| Shares Owned By Insiders | 54.94 % | ||||
| Shares Owned By Institutions | 0.39 % | ||||
| Number Of Shares Shorted | 120.42 K | ||||
| Price To Book | 66.67 X | ||||
| Price To Sales | 1.95 X | ||||
| Revenue | 282.41 M | ||||
| Gross Profit | 50.12 M | ||||
| EBITDA | (1.76 M) | ||||
| Net Income | (10.9 M) | ||||
| Total Debt | 74.97 M | ||||
| Book Value Per Share | 0.11 X | ||||
| Cash Flow From Operations | (16.14 M) | ||||
| Short Ratio | 0.44 X | ||||
| Earnings Per Share | (0.10) X | ||||
| Beta | -0.21 | ||||
| Market Capitalization | 704.84 M | ||||
| Total Asset | 191.97 M | ||||
| Retained Earnings | (99.58 M) | ||||
| Working Capital | (9.84 M) | ||||
| Net Asset | 191.97 M |
About SunCar Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SunCar Technology Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SunCar Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SunCar Technology Group 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SunCar Technology in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SunCar Technology's short interest history, or implied volatility extrapolated from SunCar Technology options trading.
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When determining whether SunCar Technology is a strong investment it is important to analyze SunCar Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SunCar Technology's future performance. For an informed investment choice regarding SunCar Stock, refer to the following important reports:Check out SunCar Technology Piotroski F Score and SunCar Technology Altman Z Score analysis. Note that the SunCar Technology information on this page should be used as a complementary analysis to other SunCar Technology's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for SunCar Stock analysis
When running SunCar Technology's price analysis, check to measure SunCar Technology'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 SunCar Technology is operating at the current time. Most of SunCar Technology's value examination focuses on studying past and present price action to predict the probability of SunCar Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SunCar Technology's price. Additionally, you may evaluate how the addition of SunCar Technology to your portfolios can decrease your overall portfolio volatility.
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Is SunCar Technology's 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 SunCar Technology. If investors know SunCar 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 SunCar Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.10) | Revenue Per Share 1.405 | Quarterly Revenue Growth 0.278 | Return On Assets (0.05) | Return On Equity (0.31) |
The market value of SunCar Technology is measured differently than its book value, which is the value of SunCar that is recorded on the company's balance sheet. Investors also form their own opinion of SunCar Technology's value that differs from its market value or its book value, called intrinsic value, which is SunCar Technology's 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 SunCar Technology's market value can be influenced by many factors that don't directly affect SunCar Technology's 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 SunCar Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if SunCar Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SunCar Technology'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.