Aisha Steel Mills Stock EBITDA
| ASL Stock | 7.90 0.20 2.47% |
Aisha Steel Mills fundamentals help investors to digest information that contributes to Aisha Steel's financial success or failures. It also enables traders to predict the movement of Aisha Stock. The fundamental analysis module provides a way to measure Aisha Steel'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 Aisha Steel stock.
Aisha |
Aisha Steel Mills Company EBITDA Analysis
Aisha Steel's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Current Aisha Steel EBITDA | 4.48 B |
Most of Aisha Steel's fundamental indicators, such as EBITDA, 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, Aisha Steel Mills is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
| Competition |
According to the company disclosure, Aisha Steel Mills reported earnings before interest,tax, depreciation and amortization of 4.48 B. This is much higher than that of the Basic Materials sector and significantly higher than that of the Metals & Mining industry. The ebitda for all Pakistan stocks is 14.94% lower than that of the firm.
Aisha EBITDA Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Aisha Steel's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Aisha Steel could also be used in its relative valuation, which is a method of valuing Aisha Steel by comparing valuation metrics of similar companies.Aisha Steel is currently under evaluation in ebitda category among its peers.
Aisha Fundamentals
| Revenue | 64.83 B | |||
| EBITDA | 4.48 B | |||
| Net Income | 1.15 B | |||
| Total Debt | 4.83 B | |||
| Cash Flow From Operations | (4.9 B) | |||
| Total Asset | 46.8 B | |||
| Z Score | 1.0 | |||
| Net Asset | 46.8 B |
About Aisha Steel Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Aisha Steel Mills's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Aisha Steel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Aisha Steel Mills 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 Aisha Steel
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 Aisha Steel 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 Aisha Steel will appreciate offsetting losses from the drop in the long position's value.Moving together with Aisha Stock
The ability to find closely correlated positions to Aisha Steel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aisha Steel 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 Aisha Steel - 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 Aisha Steel Mills to buy it.
The correlation of Aisha Steel 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 Aisha Steel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aisha Steel Mills 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 Aisha Steel 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.Additional Tools for Aisha Stock Analysis
When running Aisha Steel's price analysis, check to measure Aisha Steel'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 Aisha Steel is operating at the current time. Most of Aisha Steel's value examination focuses on studying past and present price action to predict the probability of Aisha Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aisha Steel's price. Additionally, you may evaluate how the addition of Aisha Steel to your portfolios can decrease your overall portfolio volatility.