Asiaplast Industries Tbk Stock Net Asset
| APLI Stock | IDR 585.00 10.00 1.74% |
Asiaplast Industries Tbk fundamentals help investors to digest information that contributes to Asiaplast Industries' financial success or failures. It also enables traders to predict the movement of Asiaplast Stock. The fundamental analysis module provides a way to measure Asiaplast Industries' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Asiaplast Industries stock.
Asiaplast |
Asiaplast Industries Tbk Company Net Asset Analysis
Asiaplast Industries' Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Asiaplast Industries Net Asset | 431.28 B |
Most of Asiaplast Industries' fundamental indicators, such as Net Asset, 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, Asiaplast Industries Tbk is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Asiaplast Industries Tbk has a Net Asset of 431.28 B. This is much higher than that of the Chemicals sector and significantly higher than that of the Materials industry. The net asset for all Indonesia stocks is notably lower than that of the firm.
Asiaplast Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Asiaplast Industries' direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Asiaplast Industries could also be used in its relative valuation, which is a method of valuing Asiaplast Industries by comparing valuation metrics of similar companies.Asiaplast Industries is currently under evaluation in net asset category among related companies.
Asiaplast Fundamentals
| Return On Equity | 0.17 | |||
| Return On Asset | 0.0744 | |||
| Profit Margin | 0.08 % | |||
| Operating Margin | 0.10 % | |||
| Current Valuation | 372.16 B | |||
| Shares Outstanding | 1.36 B | |||
| Shares Owned By Insiders | 87.30 % | |||
| Price To Sales | 0.47 X | |||
| Revenue | 420.72 B | |||
| Gross Profit | 61.59 B | |||
| EBITDA | 78.81 B | |||
| Net Income | 23.23 B | |||
| Cash And Equivalents | 9.33 B | |||
| Cash Per Share | 6.85 X | |||
| Total Debt | 45.11 B | |||
| Debt To Equity | 74.20 % | |||
| Current Ratio | 1.29 X | |||
| Book Value Per Share | 192.18 X | |||
| Cash Flow From Operations | 49.2 B | |||
| Earnings Per Share | 20.29 X | |||
| Number Of Employees | 203 | |||
| Beta | 0.11 | |||
| Market Capitalization | 332.49 B | |||
| Total Asset | 431.28 B | |||
| Z Score | 4.2 | |||
| Annual Yield | 0.21 % | |||
| Net Asset | 431.28 B |
About Asiaplast Industries Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Asiaplast Industries Tbk's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Asiaplast Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Asiaplast Industries Tbk based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Asiaplast Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Asiaplast Industries' short interest history, or implied volatility extrapolated from Asiaplast Industries options trading.
Pair Trading with Asiaplast Industries
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 Asiaplast Industries 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 Asiaplast Industries will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Asiaplast Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Asiaplast Industries 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 Asiaplast Industries - 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 Asiaplast Industries Tbk to buy it.
The correlation of Asiaplast Industries 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 Asiaplast Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Asiaplast Industries Tbk 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 Asiaplast Industries 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, which includes a position in Asiaplast Industries Tbk. 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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Asiaplast Stock analysis
When running Asiaplast Industries' price analysis, check to measure Asiaplast Industries' 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 Asiaplast Industries is operating at the current time. Most of Asiaplast Industries' value examination focuses on studying past and present price action to predict the probability of Asiaplast Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asiaplast Industries' price. Additionally, you may evaluate how the addition of Asiaplast Industries to your portfolios can decrease your overall portfolio volatility.
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