Vision Marine Technologies Stock Price To Book
| VMAR Stock | USD 0.61 0.02 3.17% |
Vision Marine Technologies fundamentals help investors to digest information that contributes to Vision Marine's financial success or failures. It also enables traders to predict the movement of Vision Stock. The fundamental analysis module provides a way to measure Vision Marine'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 Vision Marine stock.
As of 05/03/2024, Price To Book Ratio is likely to grow to 3.83. Vision | Price To Book |
Vision Marine Technologies Company Price To Book Analysis
Vision Marine'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 Vision Marine Price To Book | 0.73 X |
Most of Vision Marine'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, Vision Marine Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Vision Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for Vision Marine is extremely important. It helps to project a fair market value of Vision Stock properly, considering its historical fundamentals such as Price To Book. Since Vision Marine'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 Vision Marine'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 Vision Marine'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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Vision Book Value Per Share
Book Value Per Share |
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Based on the latest financial disclosure, Vision Marine Technologies has a Price To Book of 0.7317 times. This is 88.67% lower than that of the Leisure Products sector and 84.56% lower than that of the Consumer Discretionary industry. The price to book for all United States stocks is 92.31% higher than that of the company.
Vision Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Vision Marine'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 Vision Marine could also be used in its relative valuation, which is a method of valuing Vision Marine by comparing valuation metrics of similar companies.Vision Marine is currently under evaluation in price to book category among related companies.
Vision Marine Current Valuation Drivers
We derive many important indicators used in calculating different scores of Vision Marine from analyzing Vision Marine's financial statements. These drivers represent accounts that assess Vision Marine's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Vision Marine's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 139.6M | 60.0M | 70.4M | 46.9M | 53.9M | 51.2M | |
| Enterprise Value | 139.5M | 44.9M | 67.2M | 46.6M | 53.6M | 50.9M |
Vision Fundamentals
| Return On Equity | -1.5 | ||||
| Return On Asset | -0.47 | ||||
| Profit Margin | (2.88) % | ||||
| Operating Margin | (4.49) % | ||||
| Current Valuation | 9.39 M | ||||
| Shares Outstanding | 12.16 M | ||||
| Shares Owned By Insiders | 39.91 % | ||||
| Shares Owned By Institutions | 5.56 % | ||||
| Number Of Shares Shorted | 274.72 K | ||||
| Price To Book | 0.73 X | ||||
| Price To Sales | 1.44 X | ||||
| Revenue | 5.65 M | ||||
| Gross Profit | 3.29 M | ||||
| EBITDA | (19.67 M) | ||||
| Net Income | (20.88 M) | ||||
| Cash And Equivalents | 7.86 M | ||||
| Cash Per Share | 0.93 X | ||||
| Total Debt | 3.1 M | ||||
| Debt To Equity | 0.11 % | ||||
| Current Ratio | 4.80 X | ||||
| Book Value Per Share | 0.53 X | ||||
| Cash Flow From Operations | (14.01 M) | ||||
| Short Ratio | 4.49 X | ||||
| Earnings Per Share | (0.96) X | ||||
| Target Price | 2.51 | ||||
| Beta | -0.003 | ||||
| Market Capitalization | 7.64 M | ||||
| Total Asset | 24.05 M | ||||
| Retained Earnings | (51.55 M) | ||||
| Working Capital | 3.64 M | ||||
| Net Asset | 24.05 M |
About Vision Marine Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Vision Marine Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Vision Marine using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Vision Marine 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.
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Check out Vision Marine Piotroski F Score and Vision Marine Altman Z Score analysis. Note that the Vision Marine Techno information on this page should be used as a complementary analysis to other Vision Marine'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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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When running Vision Marine's price analysis, check to measure Vision Marine'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 Vision Marine is operating at the current time. Most of Vision Marine's value examination focuses on studying past and present price action to predict the probability of Vision Marine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vision Marine's price. Additionally, you may evaluate how the addition of Vision Marine to your portfolios can decrease your overall portfolio volatility.
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Is Vision Marine'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 Vision Marine. If investors know Vision 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 Vision Marine listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.96) | Revenue Per Share 0.476 | Quarterly Revenue Growth (0.12) | Return On Assets (0.47) | Return On Equity (1.50) |
The market value of Vision Marine Techno is measured differently than its book value, which is the value of Vision that is recorded on the company's balance sheet. Investors also form their own opinion of Vision Marine's value that differs from its market value or its book value, called intrinsic value, which is Vision Marine'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 Vision Marine's market value can be influenced by many factors that don't directly affect Vision Marine'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 Vision Marine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vision Marine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vision Marine'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.