Averbuch Financial Statements From 2010 to 2024
| AVER Stock | ILA 1,252 0.00 0.00% |
Check Averbuch Formica financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Averbuch main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Averbuch financial statements analysis is a perfect complement when working with Averbuch Formica Valuation or Volatility modules.
Averbuch |
Averbuch Formica Center Company Current Valuation Analysis
Averbuch Formica's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Averbuch Formica Current Valuation | 224.14 M |
Most of Averbuch Formica's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Averbuch Formica Center is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
CompetitionIn accordance with the recently published financial statements, Averbuch Formica Center has a Current Valuation of 224.14 M. This is 98.76% lower than that of the Trading Companies & Distributors sector and significantly higher than that of the Industrials industry. The current valuation for all Israel stocks is 98.65% higher than that of the company.
Averbuch Formica Center Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Averbuch Formica's current stock value. Our valuation model uses many indicators to compare Averbuch Formica value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Averbuch Formica competition to find correlations between indicators driving Averbuch Formica's intrinsic value. More Info.Averbuch Formica Center is number one stock in return on equity category among related companies. It is number one stock in return on asset category among related companies reporting about 0.27 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Averbuch Formica Center is roughly 3.74 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Averbuch Formica by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Averbuch Formica's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Averbuch Formica's earnings, one of the primary drivers of an investment's value.About Averbuch Formica Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Averbuch Formica income statement, its balance sheet, and the statement of cash flows. Averbuch Formica investors use historical funamental indicators, such as Averbuch Formica's revenue or net income, to determine how well the company is positioned to perform in the future. Although Averbuch Formica investors may use each financial statement separately, they are all related. The changes in Averbuch Formica's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Averbuch Formica's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Averbuch Formica Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Averbuch Formica. Please read more on our technical analysis and fundamental analysis pages.
Averbuch Formica Center Ltd., together with its subsidiaries, produces and trades in raw materials for wood and furniture industry in Israel. Averbuch Formica Center Ltd. is based in Tel Aviv-Yafo, Israel. AVERBUCH FORMICA is traded on Tel Aviv Stock Exchange in Israel.
Pair Trading with Averbuch Formica
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Averbuch Formica position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Averbuch Formica will appreciate offsetting losses from the drop in the long position's value.Moving against Averbuch Stock
| 0.7 | HARL | Harel Insurance Inve | PairCorr |
| 0.67 | MGDL | Migdal Insurance | PairCorr |
| 0.51 | ILCO | Israel Corp | PairCorr |
| 0.49 | CLIS | Clal Insurance Enter | PairCorr |
The ability to find closely correlated positions to Averbuch Formica could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Averbuch Formica when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Averbuch Formica - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Averbuch Formica Center to buy it.
The correlation of Averbuch Formica is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Averbuch Formica moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Averbuch Formica Center moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Averbuch Formica can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Averbuch Stock analysis
When running Averbuch Formica's price analysis, check to measure Averbuch Formica's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Averbuch Formica is operating at the current time. Most of Averbuch Formica's value examination focuses on studying past and present price action to predict the probability of Averbuch Formica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Averbuch Formica's price. Additionally, you may evaluate how the addition of Averbuch Formica to your portfolios can decrease your overall portfolio volatility.
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