Modern Dental Group Stock

Modern Dental Group P/S 2024

Modern Dental Group P/S

1.23

Ticker

3600.HK

ISIN

KYG618201092

WKN

A2AB5H

As of Nov 8, 2024, Modern Dental Group's P/S ratio stood at 1.23, a 70.83% change from the 0.72 P/S ratio recorded in the previous year.

The Modern Dental Group P/S history

Modern Dental Group Aktienanalyse

What does Modern Dental Group do?

The Modern Dental Group Ltd is a Hong Kong-based company specializing in the manufacturing and distribution of dental products. Founded in 1972 by Yuen Kwong Leung, the company has become a leading provider of dental products in Asia. Modern Dental's business model is based on a wide range of products for dentistry and dental technology. This includes dental instruments, implants, dental prosthetics, materials for impression techniques, CAD/CAM devices, laser systems, and more. The distribution of dental consumables such as disposable items, prophylaxis products, and dental care products is also an important part of the company's business. One important division of the company is the production of dental laboratories, including Cad/Cam systems for the digital production of crowns, bridges, and other dental devices. The company focuses on high-quality products and a fast and efficient production process. Modern Dental Group Ltd is internationally active and has branches in various countries. It is well-established, particularly in China, where the company has its largest market. There are also distribution offices in other Asian countries such as Malaysia, the Philippines, and Korea. In recent years, Modern Dental Group Ltd has made strategic acquisitions to expand its offerings. In 2016, it acquired Keystone Dental, a company specializing in the manufacturing and distribution of implant systems. This acquisition allowed Modern Dental to expand its range of implant systems for dentistry. The company is also focused on sustainability, as seen in the use of environmentally friendly materials in its products. Additionally, the company has launched a sustainability initiative aimed at finding fast ways to produce masks, contributing to society and enhancing resilience during crises. In summary, Modern Dental Group Ltd is a leading representative in the field of dental technology. It serves a wide range of customers with a diverse range of products and services for dentistry and dental technology. The company prioritizes quality, efficiency, and sustainability and is based in Hong Kong. Modern Dental Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Modern Dental Group's P/S Ratio

Modern Dental Group's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Modern Dental Group's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Modern Dental Group's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Modern Dental Group’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Modern Dental Group stock

What is the price-to-earnings ratio of Modern Dental Group?

The price-earnings ratio of Modern Dental Group is currently 1.23.

How has the price-earnings ratio of Modern Dental Group changed compared to last year?

The price-to-earnings ratio of Modern Dental Group has increased by 70.83% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Modern Dental Group high compared to other companies?

Yes, the price-to-earnings ratio of Modern Dental Group is high compared to other companies.

How does an increase in the price-earnings ratio of Modern Dental Group affect the company?

An increase in the price-earnings ratio of Modern Dental Group would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Modern Dental Group affect the company?

A decrease in the price-earnings ratio of Modern Dental Group would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Modern Dental Group?

Some factors that influence the price-earnings ratio of Modern Dental Group are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Modern Dental Group pay?

Over the past 12 months, Modern Dental Group paid a dividend of 0.1 HKD . This corresponds to a dividend yield of about 2.76 %. For the coming 12 months, Modern Dental Group is expected to pay a dividend of 0.11 HKD.

What is the dividend yield of Modern Dental Group?

The current dividend yield of Modern Dental Group is 2.76 %.

When does Modern Dental Group pay dividends?

Modern Dental Group pays a quarterly dividend. This is distributed in the months of July, October, July, October.

How secure is the dividend of Modern Dental Group?

Modern Dental Group paid dividends every year for the past 11 years.

What is the dividend of Modern Dental Group?

For the upcoming 12 months, dividends amounting to 0.11 HKD are expected. This corresponds to a dividend yield of 2.94 %.

In which sector is Modern Dental Group located?

Modern Dental Group is assigned to the 'Health' sector.

Wann musste ich die Aktien von Modern Dental Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Modern Dental Group from 10/10/2024 amounting to 0.08 HKD, you needed to have the stock in your portfolio before the ex-date on 9/11/2024.

When did Modern Dental Group pay the last dividend?

The last dividend was paid out on 10/10/2024.

What was the dividend of Modern Dental Group in the year 2023?

In the year 2023, Modern Dental Group distributed 0.081 HKD as dividends.

In which currency does Modern Dental Group pay out the dividend?

The dividends of Modern Dental Group are distributed in HKD.

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Andere Kennzahlen von Modern Dental Group

Our stock analysis for Modern Dental Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Modern Dental Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.