Asahi Financial Statements From 2010 to 2024
| AHKSY Stock | USD 13.91 0.26 1.90% |
Check Asahi Kaisei financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Asahi main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Asahi financial statements analysis is a perfect complement when working with Asahi Kaisei Valuation or Volatility modules.
Asahi |
Asahi Kaisei Corp Company Current Valuation Analysis
Asahi Kaisei's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Asahi Kaisei Current Valuation | 15.14 B |
Most of Asahi Kaisei's fundamental indicators, such as Current Valuation, 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, Asahi Kaisei Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Asahi Kaisei Corp has a Current Valuation of 15.14 B. This is 32.71% higher than that of the Basic Materials sector and 8.97% higher than that of the Chemicals industry. The current valuation for all United States stocks is 8.92% higher than that of the company.
Asahi Kaisei Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Asahi Kaisei's current stock value. Our valuation model uses many indicators to compare Asahi Kaisei value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Asahi Kaisei competition to find correlations between indicators driving Asahi Kaisei's intrinsic value. More Info.Asahi Kaisei Corp is number one stock in return on equity category among related companies. It is number one stock in return on asset category among related companies reporting about 0.51 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Asahi Kaisei Corp is roughly 1.97 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Asahi Kaisei by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Asahi Kaisei'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 Asahi Kaisei's earnings, one of the primary drivers of an investment's value.About Asahi Kaisei Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Asahi Kaisei income statement, its balance sheet, and the statement of cash flows. Asahi Kaisei investors use historical funamental indicators, such as Asahi Kaisei's revenue or net income, to determine how well the company is positioned to perform in the future. Although Asahi Kaisei investors may use each financial statement separately, they are all related. The changes in Asahi Kaisei's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Asahi Kaisei's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Asahi Kaisei Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Asahi Kaisei. Please read more on our technical analysis and fundamental analysis pages.
Asahi Kasei Corporation manufactures, processes, and sells chemical products in Japan and internationally. Asahi Kasei Corporation was founded in 1922 and is headquartered in Tokyo, Japan. Asahi Kaisai operates under Chemicals classification in the United States and is traded on OTC Exchange. It employs 46751 people.
Pair Trading with Asahi Kaisei
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 Asahi Kaisei 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 Asahi Kaisei will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Asahi Kaisei could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Asahi Kaisei 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 Asahi Kaisei - 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 Asahi Kaisei Corp to buy it.
The correlation of Asahi Kaisei 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 Asahi Kaisei moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Asahi Kaisei Corp 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 Asahi Kaisei 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 the analysis of Asahi Kaisei Correlation against competitors. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Asahi Pink Sheet analysis
When running Asahi Kaisei's price analysis, check to measure Asahi Kaisei'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 Asahi Kaisei is operating at the current time. Most of Asahi Kaisei's value examination focuses on studying past and present price action to predict the probability of Asahi Kaisei's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asahi Kaisei's price. Additionally, you may evaluate how the addition of Asahi Kaisei to your portfolios can decrease your overall portfolio volatility.
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