Benchmark Electronics Stock Cash And Equivalents
BHE Stock | USD 48.49 0.44 0.92% |
Benchmark Electronics fundamentals help investors to digest information that contributes to Benchmark Electronics' financial success or failures. It also enables traders to predict the movement of Benchmark Stock. The fundamental analysis module provides a way to measure Benchmark Electronics' 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 Benchmark Electronics stock.
Last Reported | Projected for Next Year | ||
Cash And Equivalents | 186.7 M | 354.2 M |
Benchmark | Cash And Equivalents |
Benchmark Electronics Company Cash And Equivalents Analysis
Benchmark Electronics' 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 Benchmark Electronics Cash And Equivalents | 207.43 M |
Most of Benchmark Electronics' 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, Benchmark Electronics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Benchmark Cash And Equivalents Driver Correlations
Understanding the fundamental principles of building solid financial models for Benchmark Electronics is extremely important. It helps to project a fair market value of Benchmark Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since Benchmark Electronics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Benchmark Electronics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Benchmark Electronics' interrelated accounts and indicators.
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Benchmark Cash And Equivalents Historical Pattern
Today, most investors in Benchmark Electronics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Benchmark Electronics' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash and equivalents growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Benchmark Electronics cash and equivalents as a starting point in their analysis.
Benchmark Electronics Cash And Equivalents |
Timeline |
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).
Competition |
In accordance with the recently published financial statements, Benchmark Electronics has 207.43 M in Cash And Equivalents. This is 83.39% lower than that of the Electronic Equipment, Instruments & Components sector and 2.18% higher than that of the Information Technology industry. The cash and equivalents for all United States stocks is 92.32% higher than that of the company.
Benchmark Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Benchmark Electronics' direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Benchmark Electronics could also be used in its relative valuation, which is a method of valuing Benchmark Electronics by comparing valuation metrics of similar companies.Benchmark Electronics is currently under evaluation in cash and equivalents category among its peers.
Benchmark Electronics ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Benchmark Electronics' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Benchmark Electronics' managers, analysts, and investors.Environmental | Governance | Social |
Benchmark Fundamentals
Return On Equity | 0.0577 | ||||
Return On Asset | 0.0337 | ||||
Profit Margin | 0.02 % | ||||
Operating Margin | 0.04 % | ||||
Current Valuation | 1.8 B | ||||
Shares Outstanding | 36 M | ||||
Shares Owned By Insiders | 2.38 % | ||||
Shares Owned By Institutions | 97.62 % | ||||
Number Of Shares Shorted | 1.11 M | ||||
Price To Earning | 16.92 X | ||||
Price To Book | 1.57 X | ||||
Price To Sales | 0.65 X | ||||
Revenue | 2.84 B | ||||
Gross Profit | 255.24 M | ||||
EBITDA | 109.66 M | ||||
Net Income | 64.31 M | ||||
Cash And Equivalents | 207.43 M | ||||
Cash Per Share | 7.06 X | ||||
Total Debt | 454.34 M | ||||
Debt To Equity | 0.40 % | ||||
Current Ratio | 2.01 X | ||||
Book Value Per Share | 30.66 X | ||||
Cash Flow From Operations | 174.29 M | ||||
Short Ratio | 4.08 X | ||||
Earnings Per Share | 1.72 X | ||||
Price To Earnings To Growth | 1.91 X | ||||
Target Price | 44.33 | ||||
Number Of Employees | 12.7 K | ||||
Beta | 0.98 | ||||
Market Capitalization | 1.75 B | ||||
Total Asset | 2.27 B | ||||
Retained Earnings | 560.54 M | ||||
Working Capital | 922.2 M | ||||
Current Asset | 1.39 B | ||||
Current Liabilities | 333.09 M | ||||
Annual Yield | 0.01 % | ||||
Net Asset | 2.27 B | ||||
Last Dividend Paid | 0.67 |
About Benchmark Electronics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Benchmark Electronics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Benchmark Electronics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Benchmark Electronics 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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Benchmark Electronics is a strong investment it is important to analyze Benchmark Electronics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Benchmark Electronics' future performance. For an informed investment choice regarding Benchmark Stock, refer to the following important reports:Check out Benchmark Electronics Piotroski F Score and Benchmark Electronics Altman Z Score analysis. For information on how to trade Benchmark Stock refer to our How to Trade Benchmark Stock guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Benchmark Electronics. If investors know Benchmark will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Benchmark Electronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.26) | Dividend Share 0.665 | Earnings Share 1.72 | Revenue Per Share 74.962 | Quarterly Revenue Growth (0.09) |
The market value of Benchmark Electronics is measured differently than its book value, which is the value of Benchmark that is recorded on the company's balance sheet. Investors also form their own opinion of Benchmark Electronics' value that differs from its market value or its book value, called intrinsic value, which is Benchmark Electronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Benchmark Electronics' market value can be influenced by many factors that don't directly affect Benchmark Electronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Benchmark Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Benchmark Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Benchmark Electronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.