Atrion Stock Net Asset
| ATRI Stock | USD 414.95 11.93 2.79% |
ATRION fundamentals help investors to digest information that contributes to ATRION's financial success or failures. It also enables traders to predict the movement of ATRION Stock. The fundamental analysis module provides a way to measure ATRION'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 ATRION stock.
ATRION | Net Asset |
ATRION Company Net Asset Analysis
ATRION's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current ATRION Net Asset | 260.82 M |
Most of ATRION's fundamental indicators, such as Net Asset, 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, ATRION is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
ATRION Net Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for ATRION is extremely important. It helps to project a fair market value of ATRION Stock properly, considering its historical fundamentals such as Net Asset. Since ATRION's 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 ATRION's 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 ATRION's interrelated accounts and indicators.
Click cells to compare fundamentals
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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ATRION Total Assets
Total Assets |
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Based on the recorded statements, ATRION has a Net Asset of 260.82 M. This is much higher than that of the Health Care Equipment & Supplies sector and significantly higher than that of the Health Care industry. The net asset for all United States stocks is notably lower than that of the firm.
ATRION Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ATRION's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ATRION could also be used in its relative valuation, which is a method of valuing ATRION by comparing valuation metrics of similar companies.ATRION is currently under evaluation in net asset category among related companies.
ATRION Institutional Holders
Institutional Holdings refers to the ownership stake in ATRION that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ATRION's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing ATRION's value.| Shares | Proshare Advisors Llc | 2023-12-31 | 24 K | Crawford Investment Counsel, Inc | 2023-12-31 | 16.5 K | Wells Fargo & Co | 2023-12-31 | 16.2 K | Bank Of New York Mellon Corp | 2023-12-31 | 14.7 K | Northern Trust Corp | 2023-12-31 | 14.6 K | Charles Schwab Investment Management Inc | 2023-12-31 | 10.6 K | T. Rowe Price Associates, Inc. | 2023-12-31 | 7.7 K | Raymond James & Associates | 2023-12-31 | 6.4 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 6 K | Kayne Anderson Rudnick Investment Management Llc | 2023-12-31 | 194.9 K | Neuberger Berman Group Llc | 2023-12-31 | 183 K |
ATRION Fundamentals
| Return On Equity | 0.0805 | ||||
| Return On Asset | 0.0537 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.15 % | ||||
| Current Valuation | 724.23 M | ||||
| Shares Outstanding | 1.76 M | ||||
| Shares Owned By Insiders | 22.86 % | ||||
| Shares Owned By Institutions | 66.69 % | ||||
| Number Of Shares Shorted | 119.45 K | ||||
| Price To Earning | 33.22 X | ||||
| Price To Book | 2.89 X | ||||
| Price To Sales | 4.15 X | ||||
| Revenue | 169.33 M | ||||
| Gross Profit | 75.9 M | ||||
| EBITDA | 37.68 M | ||||
| Net Income | 19.41 M | ||||
| Cash And Equivalents | 50.58 M | ||||
| Cash Per Share | 28.32 X | ||||
| Total Debt | 240 K | ||||
| Current Ratio | 7.14 X | ||||
| Book Value Per Share | 138.00 X | ||||
| Cash Flow From Operations | 20.01 M | ||||
| Short Ratio | 4.13 X | ||||
| Earnings Per Share | 11.04 X | ||||
| Target Price | 300.0 | ||||
| Number Of Employees | 712 | ||||
| Beta | 0.61 | ||||
| Market Capitalization | 730.25 M | ||||
| Total Asset | 260.82 M | ||||
| Retained Earnings | 381.75 M | ||||
| Working Capital | 102.14 M | ||||
| Current Asset | 78.3 M | ||||
| Current Liabilities | 9.32 M | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 0.90 % | ||||
| Net Asset | 260.82 M | ||||
| Last Dividend Paid | 8.7 |
About ATRION Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ATRION's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ATRION using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ATRION 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 ATRION
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 ATRION 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 ATRION will appreciate offsetting losses from the drop in the long position's value.Moving together with ATRION Stock
| 0.76 | CI | Cigna Corp | PairCorr |
| 0.7 | EW | Edwards Lifesciences Corp Earnings Call This Week | PairCorr |
Moving against ATRION Stock
| 0.84 | EKSO | Ekso Bionics Holdings | PairCorr |
| 0.78 | VERO | Venus Concept Financial Report 20th of May 2024 | PairCorr |
| 0.77 | OM | Outset MedicalInc Trending | PairCorr |
| 0.71 | DRIO | DarioHealth Corp Earnings Call This Week | PairCorr |
| 0.71 | FLGT | Fulgent Genetics | PairCorr |
The ability to find closely correlated positions to ATRION could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ATRION 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 ATRION - 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 ATRION to buy it.
The correlation of ATRION 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 ATRION moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ATRION 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 ATRION 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 ATRION Piotroski F Score and ATRION Altman Z Score analysis. For more detail on how to invest in ATRION Stock please use our How to Invest in ATRION guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for ATRION Stock analysis
When running ATRION's price analysis, check to measure ATRION'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 ATRION is operating at the current time. Most of ATRION's value examination focuses on studying past and present price action to predict the probability of ATRION's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATRION's price. Additionally, you may evaluate how the addition of ATRION to your portfolios can decrease your overall portfolio volatility.
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Is ATRION's industry 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 ATRION. If investors know ATRION 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 ATRION 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 (0.22) | Dividend Share 8.7 | Earnings Share 11.04 | Revenue Per Share 96.153 | Quarterly Revenue Growth 0.017 |
The market value of ATRION is measured differently than its book value, which is the value of ATRION that is recorded on the company's balance sheet. Investors also form their own opinion of ATRION's value that differs from its market value or its book value, called intrinsic value, which is ATRION's 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 ATRION's market value can be influenced by many factors that don't directly affect ATRION's 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 ATRION's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATRION is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATRION's 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.