This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. X2M Connect's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was A$0.055. X2M Connect's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is A$0.00.
As of today (2024-12-15), X2M Connect's share price is A$0.032. X2M Connect's Median PS Value is A$0.00. Therefore, X2M Connect's Price to Median PS Value for today is 0.00.
The historical rank and industry rank for X2M Connect's Median PS Value or its related term are showing as below:
ASX:X2M's Price-to-Median-PS-Value is not ranked *
in the Hardware industry.
Industry Median: 1.2 * Ranked among companies with meaningful Price-to-Median-PS-Value only.
X2M Connect Median PS Value Historical Data
The historical data trend for X2M Connect's Median PS Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of X2M Connect's Median PS Value
For the Scientific & Technical Instruments subindustry, X2M Connect's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
X2M Connect's Price-to-Median-PS-Value Distribution in the Hardware Industry
For the Hardware industry and Technology sector, X2M Connect's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where X2M Connect's Price-to-Median-PS-Value falls into.
X2M Connect Median PS Value Calculation
X2M Connect's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. X2M Connect's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was A$0.055.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
X2M Connect (ASX:X2M) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
X2M Connect's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
0.032
/
0.00
=
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
X2M Connect Median PS Value Related Terms
Thank you for viewing the detailed overview of X2M Connect's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
X2M Connect Ltd is an Internet of Things (IoT) technology company that uses the internet to deliver productivity improvements, cost savings, and improved public safety to enterprise and government customers. Its focus is servicing the utility sector in the Asia-Pacific utility market through the provision of technology that connects devices over the internet, such as water meters and gas pressure sensors and which enables data exchange and control of these devices. The company's geographical segment includes South Korea; China; Taiwan and other countries. It derives a majority of revenue from South Korea.
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