Simply Good Foods Stock Price To Book
| SMPL Stock | USD 36.16 0.86 2.32% |
Simply Good Foods fundamentals help investors to digest information that contributes to Simply Good's financial success or failures. It also enables traders to predict the movement of Simply Stock. The fundamental analysis module provides a way to measure Simply Good'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 Simply Good stock.
The value of Price To Book Ratio is estimated to slide to 2.70. Simply | Price To Book |
Simply Good Foods Company Price To Book Analysis
Simply Good'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 Simply Good Price To Book | 1.94 X |
Most of Simply Good'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, Simply Good Foods is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Simply Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for Simply Good is extremely important. It helps to project a fair market value of Simply Stock properly, considering its historical fundamentals such as Price To Book. Since Simply Good'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 Simply Good'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 Simply Good's interrelated accounts and indicators.
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Simply Price To Book Historical Pattern
Today, most investors in Simply Good Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Simply Good'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 book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Simply Good price to book as a starting point in their analysis.
Simply Good Price To Book |
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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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Simply Book Value Per Share
Book Value Per Share |
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Based on the latest financial disclosure, Simply Good Foods has a Price To Book of 1.9367 times. This is 65.72% lower than that of the Food Products sector and 46.79% lower than that of the Consumer Staples industry. The price to book for all United States stocks is 79.64% higher than that of the company.
Simply Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Simply Good'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 Simply Good could also be used in its relative valuation, which is a method of valuing Simply Good by comparing valuation metrics of similar companies.Simply Good is currently under evaluation in price to book category among its peers.
Simply Good ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Simply Good's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Simply Good's managers, analysts, and investors.Environmental | Governance | Social |
Simply Fundamentals
| Return On Equity | 0.0897 | ||||
| Return On Asset | 0.0629 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.15 % | ||||
| Current Valuation | 3.84 B | ||||
| Shares Outstanding | 99.99 M | ||||
| Shares Owned By Insiders | 8.47 % | ||||
| Shares Owned By Institutions | 90.01 % | ||||
| Number Of Shares Shorted | 2.54 M | ||||
| Price To Earning | 55.24 X | ||||
| Price To Book | 1.94 X | ||||
| Price To Sales | 2.52 X | ||||
| Revenue | 1.24 B | ||||
| Gross Profit | 445.56 M | ||||
| EBITDA | 233.09 M | ||||
| Net Income | 133.57 M | ||||
| Cash And Equivalents | 67.49 M | ||||
| Cash Per Share | 0.68 X | ||||
| Total Debt | 289.36 M | ||||
| Debt To Equity | 0.32 % | ||||
| Current Ratio | 3.44 X | ||||
| Book Value Per Share | 16.48 X | ||||
| Cash Flow From Operations | 171.12 M | ||||
| Short Ratio | 3.40 X | ||||
| Earnings Per Share | 1.39 X | ||||
| Price To Earnings To Growth | 1.76 X | ||||
| Target Price | 40.42 | ||||
| Number Of Employees | 271 | ||||
| Beta | 0.65 | ||||
| Market Capitalization | 3.64 B | ||||
| Total Asset | 2.1 B | ||||
| Retained Earnings | 347.96 M | ||||
| Working Capital | 281.8 M | ||||
| Net Asset | 2.1 B |
About Simply Good Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Simply Good Foods's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Simply Good using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Simply Good Foods 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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Additional Information and Resources on Investing in Simply Stock
When determining whether Simply Good Foods is a strong investment it is important to analyze Simply Good'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 Simply Good's future performance. For an informed investment choice regarding Simply Stock, refer to the following important reports:Check out Simply Good Piotroski F Score and Simply Good Altman Z Score analysis. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Packaged Foods & Meats space 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 Simply Good. If investors know Simply 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 Simply Good 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 0.32 | Earnings Share 1.39 | Revenue Per Share 12.705 | Quarterly Revenue Growth 0.053 | Return On Assets 0.0629 |
The market value of Simply Good Foods is measured differently than its book value, which is the value of Simply that is recorded on the company's balance sheet. Investors also form their own opinion of Simply Good's value that differs from its market value or its book value, called intrinsic value, which is Simply Good'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 Simply Good's market value can be influenced by many factors that don't directly affect Simply Good'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 Simply Good's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simply Good is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simply Good'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.