Australian Agricultural Stock Price To Earning
| ASAGF Stock | USD 0.88 0.02 2.22% |
Australian Agricultural fundamentals help investors to digest information that contributes to Australian Agricultural's financial success or failures. It also enables traders to predict the movement of Australian Pink Sheet. The fundamental analysis module provides a way to measure Australian Agricultural'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 Australian Agricultural pink sheet.
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Australian Agricultural Company Price To Earning Analysis
Australian Agricultural's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Australian Agricultural Price To Earning | 20.70 X |
Most of Australian Agricultural's fundamental indicators, such as Price To Earning, 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, Australian Agricultural is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, Australian Agricultural has a Price To Earning of 20.7 times. This indicator is about the same for the Consumer Defensive average (which is currently at 20.97) sector and 39.54% lower than that of the Farm Products industry. The price to earning for all United States stocks is 27.92% higher than that of the company.
Australian Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Australian Agricultural's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Australian Agricultural could also be used in its relative valuation, which is a method of valuing Australian Agricultural by comparing valuation metrics of similar companies.Australian Agricultural is currently under evaluation in price to earning category among related companies.
Australian Fundamentals
| Return On Equity | 0.083 | |||
| Return On Asset | -0.0669 | |||
| Profit Margin | 0.36 % | |||
| Operating Margin | (0.70) % | |||
| Current Valuation | 991.94 M | |||
| Shares Outstanding | 602.77 M | |||
| Shares Owned By Insiders | 73.43 % | |||
| Shares Owned By Institutions | 7.14 % | |||
| Price To Earning | 20.70 X | |||
| Price To Book | 0.79 X | |||
| Price To Sales | 2.52 X | |||
| Revenue | 276.07 M | |||
| Gross Profit | (42.66 M) | |||
| EBITDA | 228.61 M | |||
| Net Income | 136.93 M | |||
| Cash And Equivalents | 9.27 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 375.95 M | |||
| Debt To Equity | 0.30 % | |||
| Current Ratio | 8.80 X | |||
| Book Value Per Share | 2.36 X | |||
| Cash Flow From Operations | 24.25 M | |||
| Earnings Per Share | 0.12 X | |||
| Number Of Employees | 24 | |||
| Beta | -0.0857 | |||
| Market Capitalization | 696.2 M | |||
| Total Asset | 2.05 B | |||
| Retained Earnings | 107 M | |||
| Working Capital | 349 M | |||
| Current Asset | 400 M | |||
| Current Liabilities | 51 M | |||
| Z Score | 0.6 | |||
| Net Asset | 2.05 B |
About Australian Agricultural Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Australian Agricultural's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Australian Agricultural using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Australian Agricultural 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.
Pair Trading with Australian Agricultural
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 Australian Agricultural 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 Australian Agricultural will appreciate offsetting losses from the drop in the long position's value.Moving against Australian Pink Sheet
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The ability to find closely correlated positions to Australian Agricultural could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Australian Agricultural 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 Australian Agricultural - 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 Australian Agricultural to buy it.
The correlation of Australian Agricultural 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 Australian Agricultural moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Australian Agricultural 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 Australian Agricultural 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 Australian Agricultural. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Australian Agricultural information on this page should be used as a complementary analysis to other Australian Agricultural'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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Australian Pink Sheet analysis
When running Australian Agricultural's price analysis, check to measure Australian Agricultural'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 Australian Agricultural is operating at the current time. Most of Australian Agricultural's value examination focuses on studying past and present price action to predict the probability of Australian Agricultural's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Australian Agricultural's price. Additionally, you may evaluate how the addition of Australian Agricultural to your portfolios can decrease your overall portfolio volatility.
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