Altus Power Etf Book Value Per Share
| AMPSDelisted Etf | USD 4.99 0.00 0.00% |
Fundamental analysis of Altus Power allows traders to better anticipate movements in Altus Power's stock price by examining its financial health and performance throughout various phases of its business cycle.
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Altus Power ETF Book Value Per Share Analysis
Altus Power's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
Current Altus Power Book Value Per Share | 2.85 X |
Most of Altus Power's fundamental indicators, such as Book Value Per Share, 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, Altus Power is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
CompetitionIn accordance with the recently published financial statements, the book value per share of Altus Power is about 2.845 times. This is much higher than that of the Electric Utilities family and significantly higher than that of the Utilities category. The book value per share for all United States etfs is notably lower than that of the firm.
Altus Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Altus Power's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Altus Power could also be used in its relative valuation, which is a method of valuing Altus Power by comparing valuation metrics of similar companies.Altus Power is currently under evaluation in book value per share as compared to similar ETFs.
Fund Asset Allocation for Altus Power
The fund consists of 96.33% investments in fixed income securities, with the rest of funds allocated in various types of exotic instruments.Asset allocation divides Altus Power's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Altus Fundamentals
| Return On Equity | -0.02 | ||||
| Return On Asset | 0.0094 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 2.27 B | ||||
| Shares Outstanding | 160.42 M | ||||
| Shares Owned By Insiders | 33.70 % | ||||
| Shares Owned By Institutions | 58.34 % | ||||
| Number Of Shares Shorted | 7.18 M | ||||
| Price To Earning | 15.90 X | ||||
| Price To Book | 1.76 X | ||||
| Price To Sales | 4.08 X | ||||
| Revenue | 196.26 M | ||||
| Gross Profit | 150.17 M | ||||
| EBITDA | 141.7 M | ||||
| Net Income | (10.67 M) | ||||
| Cash And Equivalents | 290.89 M | ||||
| Cash Per Share | 1.83 X | ||||
| Total Debt | 382.7 M | ||||
| Debt To Equity | 1.44 % | ||||
| Current Ratio | 9.66 X | ||||
| Book Value Per Share | 2.85 X | ||||
| Cash Flow From Operations | 40.35 M | ||||
| Short Ratio | 3.35 X | ||||
| Earnings Per Share | 0.01 X | ||||
| Target Price | 5.08 | ||||
| Number Of Employees | 113 | ||||
| Beta | 0.94 | ||||
| Market Capitalization | 800.5 M | ||||
| Total Asset | 2.35 B | ||||
| Retained Earnings | (54.42 M) | ||||
| Working Capital | (185.97 M) | ||||
| Year To Date Return | (2.44) % | ||||
| One Year Return | 4.04 % | ||||
| Three Year Return | 4.76 % | ||||
| Net Asset | 2.35 B | ||||
| Bond Positions Weight | 96.33 % |
About Altus Power Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Altus Power's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Altus Power using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Altus Power based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.
Thematic Opportunities
Explore Investment Opportunities
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Other Consideration for investing in Altus Etf
If you are still planning to invest in Altus Power check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Altus Power's history and understand the potential risks before investing.
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