Synalloy Stock Book Value Per Share

ACNT Stock  USD 10.65  0.25  2.40%   
Synalloy fundamentals help investors to digest information that contributes to Synalloy's financial success or failures. It also enables traders to predict the movement of Synalloy Stock. The fundamental analysis module provides a way to measure Synalloy'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 Synalloy stock.
Last ReportedProjected for Next Year
Book Value Per Share 10.59  6.03 
Tangible Book Value Per Share 9.75  5.37 
Book Value Per Share is likely to drop to 6.03 in 2024. Tangible Book Value Per Share is likely to drop to 5.37 in 2024.
  
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Synalloy Company Book Value Per Share Analysis

Synalloy'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.

Book Value per Share

 = 

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current Synalloy Book Value Per Share

    
  10.64 X  
Most of Synalloy'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, Synalloy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Synalloy Book Value Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Synalloy is extremely important. It helps to project a fair market value of Synalloy Stock properly, considering its historical fundamentals such as Book Value Per Share. Since Synalloy'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 Synalloy'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 Synalloy's interrelated accounts and indicators.
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Synalloy Book Value Per Share Historical Pattern

Today, most investors in Synalloy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Synalloy's 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 book value per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Synalloy book value per share as a starting point in their analysis.
   Synalloy Book Value Per Share   
       Timeline  
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.
Competition

Synalloy Common Stock Shares Outstanding

Common Stock Shares Outstanding

8.6 Million

At this time, Synalloy's Common Stock Shares Outstanding is comparatively stable compared to the past year.
In accordance with the recently published financial statements, the book value per share of Synalloy is about 10.64 times. This is 97.89% lower than that of the Metals & Mining sector and 99.93% lower than that of the Materials industry. The book value per share for all United States stocks is 99.45% higher than that of the company.

Synalloy Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Synalloy's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Synalloy could also be used in its relative valuation, which is a method of valuing Synalloy by comparing valuation metrics of similar companies.
Synalloy is currently under evaluation in book value per share category among its peers.

Synalloy 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, Synalloy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Synalloy's managers, analysts, and investors.
Environmental
Governance
Social

Synalloy Fundamentals

About Synalloy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Synalloy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Synalloy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Synalloy 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.

Thematic Opportunities

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Additional Tools for Synalloy Stock Analysis

When running Synalloy's price analysis, check to measure Synalloy'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 Synalloy is operating at the current time. Most of Synalloy's value examination focuses on studying past and present price action to predict the probability of Synalloy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synalloy's price. Additionally, you may evaluate how the addition of Synalloy to your portfolios can decrease your overall portfolio volatility.