Bestway Cement Stock Fundamentals
| BWCL Stock | 299.28 6.01 1.97% |
Bestway Cement fundamentals help investors to digest information that contributes to Bestway Cement's financial success or failures. It also enables traders to predict the movement of Bestway Stock. The fundamental analysis module provides a way to measure Bestway Cement'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 Bestway Cement stock.
Bestway |
Bestway Cement Company Total Debt Analysis
Bestway Cement's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current Bestway Cement Total Debt | 21.98 B |
Most of Bestway Cement's fundamental indicators, such as Total Debt, 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, Bestway Cement is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
| Competition |
Based on the latest financial disclosure, Bestway Cement has a Total Debt of 21.98 B. This is much higher than that of the Materials sector and significantly higher than that of the Construction Materials industry. The total debt for all Pakistan stocks is notably lower than that of the firm.
Bestway Cement Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Bestway Cement's current stock value. Our valuation model uses many indicators to compare Bestway Cement value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Bestway Cement competition to find correlations between indicators driving Bestway Cement's intrinsic value. More Info.Bestway Cement is the top company in revenue category among its peers. It also is number one stock in ebitda category among its peers totaling about 0.33 of EBITDA per Revenue. The ratio of Revenue to EBITDA for Bestway Cement is roughly 3.00 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Bestway Cement by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Bestway Cement's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. Bestway Cement is the top company in total debt category among its peers. Total debt of Construction Materials industry is currently estimated at about 43.96 Billion. Bestway Cement totals roughly 21.98 Billion in total debt claiming about 50% of stocks in Construction Materials industry.Bestway Fundamentals
| Revenue | 72.37 B | |||
| EBITDA | 24.15 B | |||
| Net Income | 10.24 B | |||
| Total Debt | 21.98 B | |||
| Cash Flow From Operations | 13.47 B | |||
| Total Asset | 133.44 B | |||
| Net Asset | 133.44 B |
About Bestway Cement Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bestway Cement's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bestway Cement using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bestway Cement 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 Bestway Cement
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 Bestway Cement 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 Bestway Cement will appreciate offsetting losses from the drop in the long position's value.Moving together with Bestway Stock
| 0.92 | OGDC | Oil and Gas | PairCorr |
| 0.96 | PSO | Pakistan State Oil | PairCorr |
| 0.95 | PPL | Pakistan Petroleum | PairCorr |
| 0.89 | FFC | Fauji Fertilizer | PairCorr |
| 0.71 | HBL | Habib Bank | PairCorr |
The ability to find closely correlated positions to Bestway Cement could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bestway Cement 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 Bestway Cement - 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 Bestway Cement to buy it.
The correlation of Bestway Cement 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 Bestway Cement moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bestway Cement 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 Bestway Cement 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 Bestway Stock
Bestway Cement financial ratios help investors to determine whether Bestway 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 Bestway with respect to the benefits of owning Bestway Cement security.