Ideanomics Stock Current Valuation
| IDEX Stock | USD 0.97 0.02 1.89% |
Valuation analysis of Ideanomics helps investors to measure Ideanomics' intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. Enterprise Value is likely to rise to about 443.9 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (0.62) in 2024. Fundamental drivers impacting Ideanomics' valuation include:
Price Book 0.6484 | Enterprise Value 48.3 M | Enterprise Value Ebitda (0.13) | Price Sales 0.1138 | Enterprise Value Revenue 0.4702 |
Overvalued
Today
Please note that Ideanomics' price fluctuation is out of control at this time. Calculation of the real value of Ideanomics is based on 3 months time horizon. Increasing Ideanomics' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Ideanomics is useful when determining the fair value of the Ideanomics stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Ideanomics. Since Ideanomics is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Ideanomics Stock. However, Ideanomics' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 0.97 | Real 0.91 | Target 1.0 | Hype 0.97 | Naive 0.83 |
The real value of Ideanomics Stock, also known as its intrinsic value, is the underlying worth of Ideanomics Company, which is reflected in its stock price. It is based on Ideanomics' financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Ideanomics' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Ideanomics' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Ideanomics helps investors to forecast how Ideanomics stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Ideanomics more accurately as focusing exclusively on Ideanomics' fundamentals will not take into account other important factors: Ideanomics Company Current Valuation Analysis
Ideanomics' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Ideanomics Current Valuation | 48.33 M |
Most of Ideanomics' fundamental indicators, such as Current Valuation, 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, Ideanomics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Ideanomics Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Ideanomics is extremely important. It helps to project a fair market value of Ideanomics Stock properly, considering its historical fundamentals such as Current Valuation. Since Ideanomics' 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 Ideanomics' 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 Ideanomics' interrelated accounts and indicators.
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Ideanomics Current Valuation Historical Pattern
Today, most investors in Ideanomics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ideanomics' 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 current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Ideanomics current valuation as a starting point in their analysis.
Ideanomics Current Valuation |
| Timeline |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Ideanomics has a Current Valuation of 48.33 M. This is 99.34% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The current valuation for all United States stocks is 99.71% higher than that of the company.
Ideanomics Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ideanomics' direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ideanomics could also be used in its relative valuation, which is a method of valuing Ideanomics by comparing valuation metrics of similar companies.Ideanomics is currently under evaluation in current valuation category among related companies.
Ideanomics Fundamentals
| Return On Equity | -2.34 | ||||
| Return On Asset | -0.35 | ||||
| Operating Margin | (24.83) % | ||||
| Current Valuation | 48.33 M | ||||
| Shares Outstanding | 11.97 M | ||||
| Shares Owned By Insiders | 19.25 % | ||||
| Shares Owned By Institutions | 3.63 % | ||||
| Number Of Shares Shorted | 1.46 M | ||||
| Price To Earning | 16.47 X | ||||
| Price To Book | 0.65 X | ||||
| Price To Sales | 0.11 X | ||||
| Revenue | 93.64 M | ||||
| Gross Profit | (815 K) | ||||
| EBITDA | (127.58 M) | ||||
| Net Income | (339.82 M) | ||||
| Cash And Equivalents | 25.19 M | ||||
| Cash Per Share | 0.05 X | ||||
| Total Debt | 70.85 M | ||||
| Debt To Equity | 0.11 % | ||||
| Current Ratio | 2.74 X | ||||
| Book Value Per Share | 1.38 X | ||||
| Cash Flow From Operations | (65.47 M) | ||||
| Short Ratio | 7.55 X | ||||
| Earnings Per Share | (55.95) X | ||||
| Target Price | 1.0 | ||||
| Number Of Employees | 565 | ||||
| Beta | 0.6 | ||||
| Market Capitalization | 11.37 M | ||||
| Total Asset | 473.44 M | ||||
| Retained Earnings | (605.76 M) | ||||
| Working Capital | 37.18 M | ||||
| Current Asset | 6.93 M | ||||
| Current Liabilities | 6.21 M | ||||
| Net Asset | 473.44 M |
About Ideanomics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ideanomics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ideanomics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ideanomics 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Ideanomics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ideanomics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ideanomics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ideanomics Stock:Check out Ideanomics Piotroski F Score and Ideanomics Altman Z Score analysis. For more information on how to buy Ideanomics Stock please use our How to Invest in Ideanomics guide.Note that the Ideanomics information on this page should be used as a complementary analysis to other Ideanomics' 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Ideanomics Stock analysis
When running Ideanomics' price analysis, check to measure Ideanomics' 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 Ideanomics is operating at the current time. Most of Ideanomics' value examination focuses on studying past and present price action to predict the probability of Ideanomics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ideanomics' price. Additionally, you may evaluate how the addition of Ideanomics to your portfolios can decrease your overall portfolio volatility.
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Is Ideanomics' 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 Ideanomics. If investors know Ideanomics 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 Ideanomics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (55.95) | Revenue Per Share 11.571 | Quarterly Revenue Growth (0.92) | Return On Assets (0.35) | Return On Equity (2.34) |
The market value of Ideanomics is measured differently than its book value, which is the value of Ideanomics that is recorded on the company's balance sheet. Investors also form their own opinion of Ideanomics' value that differs from its market value or its book value, called intrinsic value, which is Ideanomics' 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 Ideanomics' market value can be influenced by many factors that don't directly affect Ideanomics' 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 Ideanomics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ideanomics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ideanomics' 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.