Asx Limited Stock Gross Profit
ASXFF Stock | USD 40.60 0.67 1.62% |
ASX Limited fundamentals help investors to digest information that contributes to ASX's financial success or failures. It also enables traders to predict the movement of ASX Pink Sheet. The fundamental analysis module provides a way to measure ASX'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 ASX pink sheet.
ASX |
ASX Limited Company Gross Profit Analysis
ASX's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Current ASX Gross Profit | 1.03 B |
Most of ASX's fundamental indicators, such as Gross Profit, 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, ASX Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition |
According to the company disclosure, ASX Limited reported 1.03 B of gross profit. This is 99.65% lower than that of the Financial Services sector and significantly higher than that of the Financial Data & Stock Exchanges industry. The gross profit for all United States stocks is 96.23% higher than that of the company.
ASX Gross Profit Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ASX's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of ASX could also be used in its relative valuation, which is a method of valuing ASX by comparing valuation metrics of similar companies.ASX is currently under evaluation in gross profit category among related companies.
ASX Fundamentals
Return On Equity | 0.13 | |||
Return On Asset | 0.0267 | |||
Profit Margin | 0.47 % | |||
Operating Margin | 0.69 % | |||
Current Valuation | (828.72 M) | |||
Shares Outstanding | 193.6 M | |||
Shares Owned By Insiders | 1.00 % | |||
Shares Owned By Institutions | 50.30 % | |||
Price To Earning | 24.18 X | |||
Price To Book | 3.46 X | |||
Price To Sales | 8.34 X | |||
Revenue | 1.04 B | |||
Gross Profit | 1.03 B | |||
EBITDA | 796.5 M | |||
Net Income | 508.5 M | |||
Cash And Equivalents | 5.73 B | |||
Cash Per Share | 29.60 X | |||
Total Debt | 67.6 M | |||
Debt To Equity | 0.02 % | |||
Current Ratio | 1.09 X | |||
Book Value Per Share | 19.66 X | |||
Cash Flow From Operations | 203.4 M | |||
Earnings Per Share | 1.79 X | |||
Number Of Employees | 790 | |||
Beta | 0.28 | |||
Market Capitalization | 9.39 B | |||
Total Asset | 18.24 B | |||
Retained Earnings | 577 M | |||
Working Capital | 1.19 B | |||
Current Asset | 7.55 B | |||
Current Liabilities | 6.37 B | |||
Z Score | 82.8 | |||
Annual Yield | 0.03 % | |||
Net Asset | 18.24 B | |||
Last Dividend Paid | 2.36 |
About ASX Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ASX Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ASX using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ASX Limited 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 ASX 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, ASX's short interest history, or implied volatility extrapolated from ASX options trading.
Pair Trading with ASX
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 ASX 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 ASX will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to ASX could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ASX 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 ASX - 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 ASX Limited to buy it.
The correlation of ASX 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 ASX moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ASX Limited 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 ASX 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 ASX Limited. 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 ASX Limited information on this page should be used as a complementary analysis to other ASX'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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for ASX Pink Sheet analysis
When running ASX's price analysis, check to measure ASX'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 ASX is operating at the current time. Most of ASX's value examination focuses on studying past and present price action to predict the probability of ASX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASX's price. Additionally, you may evaluate how the addition of ASX to your portfolios can decrease your overall portfolio volatility.
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