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. New Momentum's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $0. New Momentum's 10-Year median PS Ratio is . Therefore, the Median PS Value for today is $0.00.
As of today (2024-05-31), New Momentum's share price is $0.00055. New Momentum's Median PS Value is $0.00. Therefore, New Momentum's Price to Median PS Value for today is 0.00.
The historical rank and industry rank for New Momentum's Median PS Value or its related term are showing as below:
NNAX's Price-to-Median-PS-Value is not ranked *
in the Travel & Leisure industry.
Industry Median: 0.86 * Ranked among companies with meaningful Price-to-Median-PS-Value only.
New Momentum Median PS Value Historical Data
The historical data trend for New Momentum'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 New Momentum's Median PS Value
For the Travel Services subindustry, New Momentum'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.
New Momentum's Price-to-Median-PS-Value Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, New Momentum's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where New Momentum's Price-to-Median-PS-Value falls into.
New Momentum Median PS Value Calculation
New Momentum's Median PS Value for today is calculated as
10-Year Median PS Ratio is .
New Momentum's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.
* 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.
New Momentum (OTCPK:NNAX) 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.
New Momentum's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
0.00055
/
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.
New Momentum Median PS Value Related Terms
Thank you for viewing the detailed overview of New Momentum's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
New Momentum Corp develops and operates an online ticketing platform named Gagfare.com, which provides a ticketing system for individuals and agencies to search, book, and issue flight tickets and other services. It also offers its services through its app. The company records its revenue from booking income upon the ticket booking service is rendered to travelers. It also records its revenue from the sale of air tickets upon the confirmation and issuance of tickets to the travelers.
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