When close to half the companies operating in the Diversified Financial industry in the United States have price-to-sales ratios (or “P/S”) above 2.2x, you may consider Future FinTech Group Inc. (NASDAQ:FTFT) as an attractive investment with its 0.6x P/S ratio. Nonetheless, we’d need to dig a little deeper to determine if there is a rational basis for the reduced P/S.
See our latest analysis for Future FinTech Group
How Has Future FinTech Group Performed Recently?
Recent times have been quite advantageous for Future FinTech Group as its revenue has been rising very briskly. One possibility is that the P/S ratio is low because investors think this strong revenue growth might actually underperform the broader industry in the near future. If that doesn’t eventuate, then existing shareholders have reason to be quite optimistic about the future direction of the share price.
Although there are no analyst estimates available for Future FinTech Group, take a look at this free data-rich visualisation to see how the company stacks up on earnings, revenue and cash…