Ihit Etf Current Valuation
| IHIT Etf | USD 7.45 0.09 1.19% |
Valuation analysis of IHIT helps investors to measure IHIT's 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 IHIT's price fluctuation is very steady at this time. Calculation of the real value of IHIT is based on 3 months time horizon. Increasing IHIT's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
IHIT's intrinsic value may or may not be the same as its current market price of 7.45, 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 7.45 | Real 7.17 | Hype 7.45 | Naive 7.5 |
The intrinsic value of IHIT's 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, news, and other external factors that may influence IHIT's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of IHIT helps investors to forecast how IHIT etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of IHIT more accurately as focusing exclusively on IHIT's fundamentals will not take into account other important factors: IHIT ETF Current Valuation Analysis
IHIT'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.
Current IHIT Current Valuation | 277.89 M |
Most of IHIT'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, IHIT 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.
CompetitionIn accordance with the recently published financial statements, IHIT has a Current Valuation of 277.89 M. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The current valuation for all United States etfs is notably lower than that of the firm.
IHIT Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IHIT's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of IHIT could also be used in its relative valuation, which is a method of valuing IHIT by comparing valuation metrics of similar companies.IHIT is currently under evaluation in current valuation as compared to similar ETFs.
IHIT Fundamentals
| Return On Equity | 5.76 | |||
| Return On Asset | 3.42 | |||
| Profit Margin | 67.20 % | |||
| Operating Margin | 87.30 % | |||
| Current Valuation | 277.89 M | |||
| Shares Outstanding | 24.1 M | |||
| Shares Owned By Institutions | 22.55 % | |||
| Number Of Shares Shorted | 19.24 K | |||
| Price To Earning | 15.69 X | |||
| Price To Book | 1.02 X | |||
| Price To Sales | 10.81 X | |||
| Revenue | 18.85 M | |||
| Gross Profit | 18.85 M | |||
| Net Income | 12.66 M | |||
| Cash And Equivalents | 1.02 M | |||
| Cash Per Share | 0.04 X | |||
| Total Debt | 80 M | |||
| Debt To Equity | 0.36 % | |||
| Current Ratio | 6.30 X | |||
| Book Value Per Share | 8.25 X | |||
| Cash Flow From Operations | 8.29 M | |||
| Short Ratio | 0.28 X | |||
| Earnings Per Share | (1.73) X | |||
| Beta | 0.24 | |||
| Market Capitalization | 194.25 M | |||
| Z Score | 1.46 | |||
| Annual Yield | 0.01 % | |||
| One Year Return | (14.37) % | |||
| Three Year Return | (1.61) % | |||
| Five Year Return | (1.39) % | |||
| Last Dividend Paid | 0.42 |
About IHIT Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze IHIT's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IHIT using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of IHIT based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.
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The market value of IHIT is measured differently than its book value, which is the value of IHIT that is recorded on the company's balance sheet. Investors also form their own opinion of IHIT's value that differs from its market value or its book value, called intrinsic value, which is IHIT's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IHIT's market value can be influenced by many factors that don't directly affect IHIT's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IHIT's value and its price as these two are different measures arrived at by different means. Investors typically determine if IHIT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IHIT's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.