Airgain Price to Sales

AIRG
 Stock
  

USD 7.43  0.13  1.72%   

Airgain fundamentals help investors to digest information that contributes to Airgain's financial success or failures. It also enables traders to predict the movement of Airgain Stock. The fundamental analysis module provides a way to measure Airgain'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 Airgain stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
The current year Price to Sales Ratio is expected to grow to 1.98.

Airgain Price to Sales Analysis

Airgain'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.
 2021 2022 (projected)
Interest Expense35.65 K36.59 K
Gross Profit24.61 M24.86 M
P/S 
 = 
MV Per Share 
Revenue Per Share 
More About Price to Sales | All Equity Analysis

Current Airgain Price to Sales

    
  1.13 X  
Most of Airgain'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, Airgain is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Airgain Price to Sales Driver Correlations

Understanding the fundamental principles of building solid financial models for Airgain is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Price to Sales. Since Airgain'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 Airgain'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 Airgain's interrelated accounts and indicators.

Airgain Price to Sales Historical Pattern

Today, most investors in Airgain Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Airgain's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to sales growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Airgain price to sales as a starting point in their analysis.
   Airgain Price to Sales   
Share
       Timeline  
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.
Compare to competition

Airgain Price to Sales Ratio

Price to Sales Ratio

1.98

Airgain Price to Sales Ratio is projected to increase slightly based on the last few years of reporting. The past year's Price to Sales Ratio was at 1.66
Based on the latest financial disclosure, the price to sales indicator of Airgain is roughly 1.1324 times. This is 76.26% lower than that of the Electronic Equipment, Instruments & Components sector and 48.06% lower than that of the Information Technology industry. The price to sales for all United States stocks is 90.08% higher than that of the company.

Airgain Price to Sales Peer Comparison

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

Airgain Current Valuation Drivers

We derive many important indicators used in calculating different scores of Airgain from analyzing Airgain's financial statements. These drivers represent accounts that assess Airgain's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Airgain's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee12.4 K(21.9 K)7.35 K(25.35 K)(69.57 K)(71.4 K)
Revenue Per Employee538.27 K513.77 K442.37 K374.96 K443.26 K588.5 K
Average Assets55.87 M52.02 M54.58 M53.21 M69.02 M63.82 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA1.99 M(1.77 M)1.53 M(2.07 M)(8.66 M)(8.89 M)
Earnings Before Interest Taxes and Depreciation Amortization USD2.28 M(1.19 M)2.24 M(1.91 M)(8.59 M)(8.81 M)
Earnings before Tax1.17 M(2.48 M)1.09 M(3.01 M)(12.14 M)(12.46 M)
Average Equity46.04 M44.17 M47.3 M47.45 M47.98 M41.56 M
Enterprise Value69.61 M85.52 M90.79 M137.88 M91.5 M103.23 M
Free Cash Flow(518 K)387 K1.15 M2.98 M(11.91 M)(12.22 M)
Invested Capital24.05 M23.62 M27.27 M3.03 M9.98 M11.9 M
Invested Capital Average13.07 M22.7 M26.82 M9.26 M10.46 M12.56 M
Market Capitalization86.11 M98.25 M103.66 M173.67 M107.31 M121.92 M
Tangible Asset Value47.47 M44.76 M47.23 M48.06 M41.32 M43.44 M
Working Capital36.35 M35.57 M38.33 M38.58 M15.6 M23.5 M

Airgain Fundamentals

About Airgain Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Airgain's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Airgain using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Airgain 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 ReportedProjected for 2022
Price to Sales Ratio 1.66  1.98 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Airgain without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Pattern Recognition Now

   

Pattern Recognition

Use different Pattern Recognition models to time the market across multiple global exchanges
All  Next Launch Module

Pair Trading with Airgain

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Airgain position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Airgain will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Airgain could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Airgain when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Airgain - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Airgain to buy it.
The correlation of Airgain is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Airgain moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Airgain moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Airgain can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Airgain Piotroski F Score and Airgain Altman Z Score analysis. You can also try Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for analysis

When running Airgain price analysis, check to measure Airgain'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 Airgain is operating at the current time. Most of Airgain's value examination focuses on studying past and present price action to predict the probability of Airgain's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Airgain's price. Additionally, you may evaluate how the addition of Airgain to your portfolios can decrease your overall portfolio volatility.
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go
Is Airgain'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 Airgain. If investors know Airgain 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 Airgain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(1.00) 
Market Capitalization
79.4 M
Quarterly Revenue Growth YOY
0.24
Return On Assets
(0.1) 
Return On Equity
(0.22) 
The market value of Airgain is measured differently than its book value, which is the value of Airgain that is recorded on the company's balance sheet. Investors also form their own opinion of Airgain's value that differs from its market value or its book value, called intrinsic value, which is Airgain'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 Airgain's market value can be influenced by many factors that don't directly affect Airgain'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 Airgain's value and its price as these two are different measures arrived at by different means. Investors typically determine Airgain value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Airgain'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.