Asx Limited Adr Stock Fundamentals
ASXFY Stock | USD 44.35 0.02 0.05% |
ASX Limited ADR fundamentals help investors to digest information that contributes to ASX Limited'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 Limited'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 Limited pink sheet.
ASX |
ASX Cash And Equivalents Analysis
ASX Limited's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current ASX Limited Cash And Equivalents | 5.73 B |
Most of ASX Limited's fundamental indicators, such as Cash And Equivalents, 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 ADR is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
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In accordance with the recently published financial statements, ASX Limited ADR has 5.73 B in Cash And Equivalents. This is 83.04% lower than that of the Financial Services sector and significantly higher than that of the Financial Data & Stock Exchanges industry. The cash and equivalents for all United States stocks is 112.06% lower than that of the firm.
ASX Limited ADR Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ASX Limited's current stock value. Our valuation model uses many indicators to compare ASX Limited value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ASX Limited competition to find correlations between indicators driving ASX Limited's intrinsic value. More Info.ASX Limited ADR is number one stock in beta category among related companies. It is number one stock in cash flow from operations category among related companies making about 734,561,213 of Cash Flow From Operations per Beta. . Comparative valuation analysis is a catch-all model that can be used if you cannot value ASX Limited by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ASX Limited's Pink Sheet . 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 ASX Limited's earnings, one of the primary drivers of an investment's value.ASX Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ASX Limited's direct or indirect competition against its Price To Sales 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 Limited could also be used in its relative valuation, which is a method of valuing ASX Limited by comparing valuation metrics of similar companies.ASX Limited is currently under evaluation in price to sales 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 | |||
Price To Earning | 25.11 X | |||
Price To Book | 3.46 X | |||
Price To Sales | 8.22 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 | 1.82 X | |||
Number Of Employees | 790 | |||
Beta | 0.28 | |||
Market Capitalization | 9.38 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 % | |||
Five Year Return | 3.04 % | |||
Net Asset | 18.24 B | |||
Last Dividend Paid | 2.36 |
About ASX Limited Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ASX Limited ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ASX Limited using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ASX Limited ADR 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.ASX Limited operates as a multi-asset class and integrated exchange company in Australia and internationally. The company was incorporated in 1987 and is based in Sydney, Australia. ASX operates under Financial Data Stock Exchanges classification in the United States and is traded on OTC Exchange. It employs 790 people.
Pair Trading with ASX Limited
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 Limited 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 Limited will appreciate offsetting losses from the drop in the long position's value.Moving against ASX Pink Sheet
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The ability to find closely correlated positions to ASX Limited 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 Limited 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 Limited - 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 ADR to buy it.
The correlation of ASX Limited is a statistical measure of how it moves in relation to other equities. 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 Limited moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ASX Limited ADR 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 Limited 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 ASX Limited Piotroski F Score and ASX Limited Altman Z Score analysis. Note that the ASX Limited ADR information on this page should be used as a complementary analysis to other ASX Limited'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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for ASX Pink Sheet analysis
When running ASX Limited's price analysis, check to measure ASX Limited'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 Limited is operating at the current time. Most of ASX Limited's value examination focuses on studying past and present price action to predict the probability of ASX Limited'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 Limited's price. Additionally, you may evaluate how the addition of ASX Limited to your portfolios can decrease your overall portfolio volatility.
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