Amreli Steels Stock Current Valuation
| ASTL Stock | 20.42 0.79 3.72% |
Valuation analysis of Amreli Steels helps investors to measure Amreli Steels' intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that Amreli Steels' price fluctuation is not too volatile at this time. Calculation of the real value of Amreli Steels is based on 3 months time horizon. Increasing Amreli Steels' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Amreli Steels is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Amreli Stock. However, Amreli Steels' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 20.42 | Real 17.3 | Hype 20.42 |
The real value of Amreli Stock, also known as its intrinsic value, is the underlying worth of Amreli Steels Company, which is reflected in its stock price. It is based on Amreli Steels' financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Amreli Steels' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of Amreli Steels helps investors to forecast how Amreli stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Amreli Steels more accurately as focusing exclusively on Amreli Steels' fundamentals will not take into account other important factors: Amreli Steels Company Current Valuation Analysis
Amreli Steels' 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 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, Amreli Steels has a Current Valuation of 0.0. This is 100.0% lower than that of the Basic Materials sector and about the same as Metals & Mining (which currently averages 0.0) industry. The current valuation for all Pakistan stocks is 100.0% higher than that of the company.
Amreli Steels is currently under evaluation in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Metals & Mining industry is presently estimated at about 0.0. Amreli Steels adds roughly 0.0 in current valuation claiming only tiny portion of all equities under Metals & Mining industry.Amreli Fundamentals
| Revenue | 58.18 B | |||
| EBITDA | 4.72 B | |||
| Net Income | 1.33 B | |||
| Total Debt | 5.16 B | |||
| Cash Flow From Operations | (2.2 B) | |||
| Total Asset | 43.55 B | |||
| Z Score | 1.0 | |||
| Net Asset | 43.55 B |
About Amreli Steels Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Amreli Steels's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Amreli Steels using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Amreli Steels 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 Amreli Steels
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 Amreli Steels 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 Amreli Steels will appreciate offsetting losses from the drop in the long position's value.Moving together with Amreli Stock
Moving against Amreli Stock
| 0.57 | FFC | Fauji Fertilizer | PairCorr |
| 0.55 | GATM | Gul Ahmed Textile | PairCorr |
| 0.52 | FCCL | Fauji Cement | PairCorr |
| 0.31 | PTC | Pakistan Telecommunicatio | PairCorr |
The ability to find closely correlated positions to Amreli Steels could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amreli Steels 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 Amreli Steels - 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 Amreli Steels to buy it.
The correlation of Amreli Steels 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 Amreli Steels moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amreli Steels 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 Amreli Steels 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.Other Information on Investing in Amreli Stock
Amreli Steels financial ratios help investors to determine whether Amreli Stock 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 Amreli with respect to the benefits of owning Amreli Steels security.