Western Asset High Fund Price To Sales
| HIX Fund | USD 4.42 0.01 0.23% |
Western Asset High fundamentals help investors to digest information that contributes to Western Asset's financial success or failures. It also enables traders to predict the movement of Western Fund. The fundamental analysis module provides a way to measure Western Asset'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 Western Asset fund.
Western |
Western Asset High Fund Price To Sales Analysis
Western Asset's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Western Asset Price To Sales | 7.81 X |
Most of Western Asset's fundamental indicators, such as Price To Sales, 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, Western Asset High is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, Western Asset High has a Price To Sales of 7.81 times. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The price to sales for all United States funds is notably lower than that of the firm.
Western Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Western Asset's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Western Asset could also be used in its relative valuation, which is a method of valuing Western Asset by comparing valuation metrics of similar companies.Western Asset is currently under evaluation in price to sales among similar funds.
Western Fundamentals
| Return On Equity | -10.75 | ||||
| Return On Asset | 3.6 | ||||
| Profit Margin | (106.69) % | ||||
| Operating Margin | 86.34 % | ||||
| Current Valuation | 439.31 M | ||||
| Shares Outstanding | 58.81 M | ||||
| Shares Owned By Institutions | 16.59 % | ||||
| Number Of Shares Shorted | 84.08 K | ||||
| Price To Earning | 58.85 X | ||||
| Price To Book | 0.75 X | ||||
| Price To Sales | 7.81 X | ||||
| Revenue | 38.54 M | ||||
| Gross Profit | 38.54 M | ||||
| Net Income | (41.12 M) | ||||
| Cash And Equivalents | 2.87 M | ||||
| Cash Per Share | 0.05 X | ||||
| Total Debt | 179.37 M | ||||
| Debt To Equity | 0.52 % | ||||
| Current Ratio | 0.13 X | ||||
| Book Value Per Share | 6.82 X | ||||
| Cash Flow From Operations | 33.03 M | ||||
| Short Ratio | 0.36 X | ||||
| Earnings Per Share | 0.09 X | ||||
| Number Of Employees | 13 | ||||
| Beta | 0.88 | ||||
| Market Capitalization | 329.39 M | ||||
| Total Asset | 725.23 M | ||||
| Retained Earnings | (603.68 M) | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 3.89 % | ||||
| One Year Return | 11.59 % | ||||
| Three Year Return | (2.38) % | ||||
| Five Year Return | 1.13 % | ||||
| Last Dividend Paid | 0.59 |
About Western Asset Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Western Asset High's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Western Asset using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Western Asset High based on its fundamental data. In general, a quantitative approach, as applied to this fund, 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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Western Fund
Western Asset financial ratios help investors to determine whether Western Fund 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 Western with respect to the benefits of owning Western Asset security.
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |