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. Innovatec SpA's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was €2.346. Innovatec SpA's 10-Year median PS Ratio is 0.6479. Therefore, the Median PS Value for today is €1.52.
As of today (2024-05-28), Innovatec SpA's share price is €1.068. Innovatec SpA's Median PS Value is €1.52. Therefore, Innovatec SpA's Price to Median PS Value for today is 0.70.
The historical rank and industry rank for Innovatec SpA's Median PS Value or its related term are showing as below:
MIL:INC'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.7 Med: 0.83 Max: 0.83
Current: 0.7
During the past 11 years, the highest Price to Median PS Value of Innovatec SpA was 0.83. The lowest was 0.70. And the median was 0.83.
MIL:INC's Price-to-Median-PS-Value is ranked better than 70.6% of 364
companies
in the Utilities - Regulated industry
Industry Median: 0.895
vs MIL:INC: 0.70
Innovatec SpA Median PS Value Historical Data
The historical data trend for Innovatec SpA'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 Innovatec SpA's Median PS Value
For the Utilities - Regulated Electric subindustry, Innovatec SpA'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.
Innovatec SpA's Price-to-Median-PS-Value Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Innovatec SpA's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Innovatec SpA's Price-to-Median-PS-Value falls into.
Innovatec SpA Median PS Value Calculation
Innovatec SpA's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.6479.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Innovatec SpA's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was €2.346.
* 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.
Innovatec SpA (MIL:INC) 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.
Innovatec SpA's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
1.068
/
1.52
=
0.70
* 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.
Innovatec SpA Median PS Value Related Terms
Thank you for viewing the detailed overview of Innovatec SpA's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Innovatec S.p.A. engaged in the field of energy efficiency and renewable energies. The group is an integrated energy service provider which develops and operates technology, products and services.
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