AGM Group Holdings Inc. (NASDAQ:AGMH) shareholders won't be pleased to see that the share price has had a very rough month, dropping 45% and undoing the prior period's positive performance. The drop over the last 30 days has capped off a tough year for shareholders, with the share price down 49% in that time.
After such a large drop in price, AGM Group Holdings may be sending very bullish signals at the moment with its price-to-sales (or "P/S") ratio of 0.2x, since almost half of all companies in the Capital Markets industry in the United States have P/S ratios greater than 3x and even P/S higher than 8x are not unusual. Nonetheless, we'd need to dig a little deeper to determine if there is a rational basis for the highly reduced P/S.
How AGM Group Holdings Has Been Performing
AGM Group Holdings has been doing a good job lately as it's been growing revenue at a solid pace. Perhaps the market is expecting this acceptable revenue performance to take a dive, which has kept the P/S suppressed. If you like the company, you'd be hoping this isn't the case so that you could potentially pick up some stock while it's out of favour.
Although there are no analyst estimates available for AGM Group Holdings, take a look at this free data-rich visualisation to see how the company stacks up on earnings, revenue and cash flow.
Do Revenue Forecasts Match The Low P/S Ratio?
There's an inherent assumption that a company should far underperform the industry for P/S ratios like AGM Group Holdings' to be considered reasonable.
If we review the last year of revenue growth, the company posted a worthy increase of 10%. While this performance is only fair, the company was still able to deliver immense revenue growth over the last three years. Therefore, it's fair to say the revenue growth recently has been superb for the company.
Comparing that recent medium-term revenue trajectory with the industry's one-year growth forecast of 9.5% shows it's noticeably more attractive.
With this information, we find it odd that AGM Group Holdings is trading at a P/S lower than the industry. It looks like most investors are not convinced the company can maintain its recent growth rates.
The Final Word
Having almost fallen off a cliff, AGM Group Holdings' share price has pulled its P/S way down as well. It's argued the price-to-sales ratio is an inferior measure of value within certain industries, but it can be a powerful business sentiment indicator.
We're very surprised to see AGM Group Holdings currently trading on a much lower than expected P/S since its recent three-year growth is higher than the wider industry forecast. When we see strong revenue with faster-than-industry growth, we assume there are some significant underlying risks to the company's ability to make money which is applying downwards pressure on the P/S ratio. It appears many are indeed anticipating revenue instability, because the persistence of these recent medium-term conditions would normally provide a boost to the share price.
Before you take the next step, you should know about the 4 warning signs for AGM Group Holdings (1 is a bit concerning!) that we have uncovered.
If these risks are making you reconsider your opinion on AGM Group Holdings, explore our interactive list of high quality stocks to get an idea of what else is out there.
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AGM Group Holdings Inc.(纳斯达克股票代码:AGMH)股东不会很高兴看到股价经历了一个非常艰难的月份,下跌了45%,抵消了前一时期的积极表现。过去30天的下跌结束了股东艰难的一年,当时股价下跌了49%。
在价格大幅下跌之后,AGM Group Holdings目前可能会发出非常看涨的信号,其市销率(或 “市盈率”)为0.2倍,因为美国资本市场行业几乎有一半的公司市盈率大于3倍,甚至市盈率高于8倍的情况并不少见。但是,我们需要更深入地挖掘,以确定大幅降低市销率是否有合理的基础。
AGM 集团控股公司的表现如何
AGM Group Holdings最近表现不错,收入一直在稳步增长。也许市场预计这种可接受的收入表现将下降,这使市销率一直受到抑制。如果你喜欢这家公司,你希望情况并非如此,这样你就有可能在它失宠的时候买入一些股票。
尽管没有分析师对AGM Group Holdings的估计,但请看一下这个免费的数据丰富的可视化图表,看看该公司的收益、收入和现金流是如何积累的。
收入预测与低市销率相匹配吗?
人们固有的假设是,如果像AGM Group Holdings这样的市销率被认为是合理的,公司的表现应该远远低于该行业。
有了这些信息,我们感到奇怪的是,AGM Group Holdings的市销率低于该行业。看来大多数投资者不相信该公司能够维持其最近的增长率。
最后一句话
在几乎跌下悬崖之后,AGM Group Holdings的股价也大幅下调了市销率。有人认为,在某些行业中,市销率是衡量价值的较差指标,但它可以是一个有力的商业信心指标。
我们非常惊讶地看到,AGM Group Holdings目前的市销率远低于预期,因为其最近三年的增长高于整个行业的预期。当我们看到强劲的收入和比行业更快的增长速度时,我们假设公司的盈利能力存在一些重大的潜在风险,这给市销率带来了下行压力。看来许多人确实在预测收入不稳定,因为近期这些中期状况的持续下去通常会提振股价。
在你采取下一步行动之前,你应该了解AGM Group Holdings的4个警告信号(1个有点令人担忧!)这是我们发现的。
如果这些风险让你重新考虑你对AGM Group Holdings的看法,请浏览我们的高质量股票互动清单,了解还有什么。