Associated British Foods Stock Shares Outstanding
| ASBFY Stock | USD 33.55 0.59 1.73% |
Associated British Foods fundamentals help investors to digest information that contributes to Associated British's financial success or failures. It also enables traders to predict the movement of Associated Pink Sheet. The fundamental analysis module provides a way to measure Associated British's 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 Associated British pink sheet.
Associated |
Associated British Foods Company Shares Outstanding Analysis
Associated British's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Associated British Shares Outstanding | 784.98 M |
Most of Associated British's fundamental indicators, such as Shares Outstanding, 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, Associated British Foods is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Based on the latest financial disclosure, Associated British Foods has 784.98 M of shares currently outstending. This is 88.53% higher than that of the Consumer Defensive sector and 202.87% higher than that of the Packaged Foods industry. The shares outstanding for all United States stocks is 37.28% lower than that of the firm.
Associated Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Associated British's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Associated British could also be used in its relative valuation, which is a method of valuing Associated British by comparing valuation metrics of similar companies.Associated British is currently under evaluation in shares outstanding category among related companies.
Associated Fundamentals
| Return On Equity | 0.0668 | |||
| Return On Asset | 0.0435 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 17.99 B | |||
| Shares Outstanding | 784.98 M | |||
| Price To Earning | 27.50 X | |||
| Price To Book | 1.13 X | |||
| Price To Sales | 0.87 X | |||
| Revenue | 17 B | |||
| Gross Profit | 3.78 B | |||
| EBITDA | 2.11 B | |||
| Net Income | 1.08 B | |||
| Cash And Equivalents | 2.22 B | |||
| Cash Per Share | 2.82 X | |||
| Total Debt | 480 M | |||
| Debt To Equity | 0.37 % | |||
| Current Ratio | 1.99 X | |||
| Book Value Per Share | 14.52 X | |||
| Cash Flow From Operations | 1.15 B | |||
| Earnings Per Share | 1.09 X | |||
| Price To Earnings To Growth | 1.91 X | |||
| Target Price | 13.5 | |||
| Number Of Employees | 132 K | |||
| Beta | 1.24 | |||
| Market Capitalization | 18.43 B | |||
| Total Asset | 19.77 B | |||
| Retained Earnings | 6.42 B | |||
| Working Capital | 1.29 B | |||
| Current Asset | 4.44 B | |||
| Current Liabilities | 3.15 B | |||
| Z Score | 22.8 | |||
| Annual Yield | 0.02 % | |||
| Five Year Return | 1.63 % | |||
| Net Asset | 19.77 B | |||
| Last Dividend Paid | 0.44 |
About Associated British Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Associated British Foods's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Associated British using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Associated British Foods 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.
Pair Trading with Associated British
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 Associated British 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 Associated British will appreciate offsetting losses from the drop in the long position's value.Moving together with Associated Pink Sheet
| 0.85 | GIS | General Mills Financial Report 26th of June 2024 | PairCorr |
The ability to find closely correlated positions to Associated British could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Associated British 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 Associated British - 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 Associated British Foods to buy it.
The correlation of Associated British 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 Associated British moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Associated British Foods 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 Associated British 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 Associated British Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Associated British Foods information on this page should be used as a complementary analysis to other Associated British's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Associated Pink Sheet analysis
When running Associated British's price analysis, check to measure Associated British'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 Associated British is operating at the current time. Most of Associated British's value examination focuses on studying past and present price action to predict the probability of Associated British's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Associated British's price. Additionally, you may evaluate how the addition of Associated British to your portfolios can decrease your overall portfolio volatility.
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