Unfortunately for some shareholders, the Zevia PBC (NYSE:ZVIA) share price has dived 26% in the last thirty days, prolonging recent pain. The recent drop completes a disastrous twelve months for shareholders, who are sitting on a 62% loss during that time.
After such a large drop in price, Zevia PBC may be sending very bullish signals at the moment with its price-to-sales (or "P/S") ratio of 0.4x, since almost half of all companies in the Beverage industry in the United States have P/S ratios greater than 2.6x and even P/S higher than 6x are not unusual. However, the P/S might be quite low for a reason and it requires further investigation to determine if it's justified.
NYSE:ZVIA Price to Sales Ratio vs Industry March 15th 2024
How Has Zevia PBC Performed Recently?
Zevia PBC could be doing better as it's been growing revenue less than most other companies lately. The P/S ratio is probably low because investors think this lacklustre revenue performance isn't going to get any better. If you still like the company, you'd be hoping revenue doesn't get any worse and that you could pick up some stock while it's out of favour.
Keen to find out how analysts think Zevia PBC's future stacks up against the industry? In that case, our free report is a great place to start.
Do Revenue Forecasts Match The Low P/S Ratio?
Zevia PBC's P/S ratio would be typical for a company that's expected to deliver very poor growth or even falling revenue, and importantly, perform much worse than the industry.
Taking a look back first, we see that there was hardly any revenue growth to speak of for the company over the past year. Although pleasingly revenue has lifted 51% in aggregate from three years ago, notwithstanding the last 12 months. Accordingly, shareholders will be pleased, but also have some questions to ponder about the last 12 months.
Turning to the outlook, the next three years should generate growth of 8.4% each year as estimated by the seven analysts watching the company. Meanwhile, the rest of the industry is forecast to only expand by 5.9% each year, which is noticeably less attractive.
In light of this, it's peculiar that Zevia PBC's P/S sits below the majority of other companies. It looks like most investors are not convinced at all that the company can achieve future growth expectations.
What Does Zevia PBC's P/S Mean For Investors?
Zevia PBC's P/S looks about as weak as its stock price lately. Typically, we'd caution against reading too much into price-to-sales ratios when settling on investment decisions, though it can reveal plenty about what other market participants think about the company.
Zevia PBC's analyst forecasts revealed that its superior revenue outlook isn't contributing to its P/S anywhere near as much as we would have predicted. There could be some major risk factors that are placing downward pressure on the P/S ratio. At least price risks look to be very low, but investors seem to think future revenues could see a lot of volatility.
You should always think about risks. Case in point, we've spotted 4 warning signs for Zevia PBC you should be aware of.
If strong companies turning a profit tickle your fancy, then you'll want to check out this free list of interesting companies that trade on a low P/E (but have proven they can grow earnings).
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對一些股東來說,不幸的是,Zevia PBC(紐約證券交易所代碼:ZVIA)的股價在過去三十天裏已經跳水26%,延長了近期的痛苦。 對於股東來說,最近的下跌結束了災難性的十二個月,在此期間,股東虧損了62%。
在價格大幅下跌之後,Zevia PBC目前可能發出了非常看漲的信號,其市銷率(或 “市盈率”)爲0.4倍,因爲美國飲料行業幾乎有一半的公司市盈率大於2.6倍,甚至市盈率高於6倍也並不少見。但是,市銷率可能很低是有原因的,需要進一步調查以確定其是否合理。
紐約證券交易所:ZVIA與行業的股價銷售比率 2024年3月15日
Zevia PBC最近的表現如何?
Zevia PBC可能會做得更好,因爲其最近收入的增長低於大多數其他公司。市銷率可能很低,因爲投資者認爲這種乏善可陳的收入表現不會好轉。如果你仍然喜歡這家公司,你希望收入不會惡化,也希望在股票失寵的時候買入一些股票。
想了解分析師如何看待Zevia PBC的未來與該行業的對立嗎?在這種情況下,我們的免費報告是一個很好的起點。
收入預測與低市銷率相匹配嗎?
Zevia PBC的市銷率對於一家預計增長非常糟糕甚至收入下降的公司來說是典型的,而且重要的是,其表現要比該行業差得多。
首先回顧一下,我們發現該公司在過去的一年中幾乎沒有任何收入增長可言。儘管令人欣慰的是,儘管過去12個月,總收入仍比三年前增長了51%。因此,股東們會很高興,但對於過去的12個月,也有一些問題需要考慮。
展望來看,根據關注該公司的七位分析師的估計,未來三年每年將實現8.4%的增長。同時,預計該行業的其他部門每年僅增長5.9%,這明顯降低了吸引力。
有鑑於此,奇怪的是,Zevia PBC的市銷率低於其他多數公司。看來大多數投資者根本不相信公司能夠實現未來的增長預期。
Zevia PBC的市銷率對投資者意味着什麼?
Zevia PBC最近的市銷率看起來與其股價一樣疲軟。通常,在做出投資決策時,我們謹慎行事,不要過多地考慮市售比率,儘管這可以揭示其他市場參與者對公司的看法。
Zevia PBC的分析師預測顯示,其優異的收入前景對市銷售率的貢獻不如我們預期的那麼高。可能有一些主要的風險因素給市銷率帶來下行壓力。至少價格風險看起來很低,但投資者似乎認爲未來的收入可能會出現很大的波動。
你應該時刻考慮風險。舉個例子,我們發現了你應該注意的Zevia PBC的4個警告信號。
如果你喜歡實力雄厚的公司盈利,那麼你會想看看這份以低市盈率(但已證明可以增加收益)的有趣公司的免費名單。
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Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。