Asics Stock Fundamentals

ASCCF Stock  USD 15.30  0.64  4.02%   
ASICS fundamentals help investors to digest information that contributes to ASICS's financial success or failures. It also enables traders to predict the movement of ASICS Pink Sheet. The fundamental analysis module provides a way to measure ASICS'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 ASICS pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

ASICS Company Current Valuation Analysis

ASICS'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.

Enterprise Value

 = 

Market Cap + Debt

-

Cash

More About Current Valuation | All Equity Analysis

Current ASICS Current Valuation

    
  4.42 B  
Most of ASICS'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, ASICS 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, ASICS has a Current Valuation of 4.42 B. This is 75.59% lower than that of the Consumer Cyclical sector and 98.02% lower than that of the Footwear & Accessories industry. The current valuation for all United States stocks is 73.42% higher than that of the company.

ASICS Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining ASICS's current stock value. Our valuation model uses many indicators to compare ASICS value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ASICS competition to find correlations between indicators driving ASICS's intrinsic value. More Info.
ASICS is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about  0.44  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for ASICS is roughly  2.28 . 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 ASICS's earnings, one of the primary drivers of an investment's value.

ASICS Current Valuation Peer Comparison

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

ASICS Fundamentals

About ASICS Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ASICS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ASICS using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ASICS 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.
ASICS Corporation manufactures and sells sports goods in Japan, the Americas, Europe, Oceania, Southeast and South Asia, and internationally. ASICS Corporation was founded in 1949 and is headquartered in Kobe, Japan. ASICS CORP operates under Footwear Accessories classification in the United States and is traded on OTC Exchange. It employs 8861 people.

Currently Active Assets on Macroaxis

Other Information on Investing in ASICS Pink Sheet

ASICS financial ratios help investors to determine whether ASICS Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ASICS with respect to the benefits of owning ASICS security.