It Tech Packaging Stock Fundamentals
| ITP Stock | USD 0.23 0.01 4.55% |
IT Tech Packaging fundamentals help investors to digest information that contributes to IT Tech's financial success or failures. It also enables traders to predict the movement of ITP Stock. The fundamental analysis module provides a way to measure IT Tech'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 IT Tech stock.
ITP |
IT Tech Packaging Company Profit Margin Analysis
IT Tech's Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Current IT Tech Profit Margin | (0.14) % |
Most of IT Tech's fundamental indicators, such as Profit Margin, 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, IT Tech Packaging is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
| Competition |
Based on the latest financial disclosure, IT Tech Packaging has a Profit Margin of -0.1401%. This is 97.65% lower than that of the Paper & Forest Products sector and 81.81% lower than that of the Materials industry. The profit margin for all United States stocks is 88.97% lower than that of the firm.
IT Tech Packaging Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IT Tech's current stock value. Our valuation model uses many indicators to compare IT Tech value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IT Tech competition to find correlations between indicators driving IT Tech's intrinsic value. More Info.IT Tech Packaging is rated second overall in return on equity category among its peers. It also is rated second overall in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value IT Tech by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.ITP Profit Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IT Tech's direct or indirect competition against its Profit Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of IT Tech could also be used in its relative valuation, which is a method of valuing IT Tech by comparing valuation metrics of similar companies.IT Tech is currently under evaluation in profit margin category among its peers.
ITP Fundamentals
| Return On Equity | -0.0585 | ||||
| Return On Asset | -0.0261 | ||||
| Profit Margin | (0.14) % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 8.24 M | ||||
| Shares Outstanding | 10.07 M | ||||
| Shares Owned By Insiders | 5.38 % | ||||
| Shares Owned By Institutions | 3.75 % | ||||
| Number Of Shares Shorted | 3.53 K | ||||
| Price To Earning | 3.64 X | ||||
| Price To Book | 0.01 X | ||||
| Price To Sales | 0.03 X | ||||
| Revenue | 86.55 M | ||||
| Gross Profit | 4.75 M | ||||
| EBITDA | 5.61 M | ||||
| Net Income | (9.95 M) | ||||
| Cash And Equivalents | 9.52 M | ||||
| Cash Per Share | 1.45 X | ||||
| Total Debt | 12.39 M | ||||
| Debt To Equity | 0.08 % | ||||
| Current Ratio | 2.80 X | ||||
| Book Value Per Share | 16.72 X | ||||
| Cash Flow From Operations | 12.87 M | ||||
| Short Ratio | 0.03 X | ||||
| Earnings Per Share | (0.98) X | ||||
| Target Price | 5.0 | ||||
| Number Of Employees | 383 | ||||
| Beta | -0.16 | ||||
| Market Capitalization | 2.32 M | ||||
| Total Asset | 194.74 M | ||||
| Retained Earnings | 83.63 M | ||||
| Working Capital | 6.94 M | ||||
| Current Asset | 18.03 M | ||||
| Current Liabilities | 18.9 M | ||||
| Net Asset | 194.74 M |
About IT Tech Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze IT Tech Packaging's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IT Tech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of IT Tech Packaging 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.IT Tech Packaging, Inc., through its subsidiaries, engages in the production and distribution of paper products in the Peoples Republic of China. IT Tech Packaging, Inc. was founded in 1996 and is headquartered in Baoding, the Peoples Republic of China. IT Tech operates under Paper Paper Products classification in the United States and is traded on AMEX Exchange. It employs 366 people.
Pair Trading with IT Tech
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 IT Tech 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 IT Tech will appreciate offsetting losses from the drop in the long position's value.Moving against ITP Stock
The ability to find closely correlated positions to IT Tech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IT Tech 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 IT Tech - 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 IT Tech Packaging to buy it.
The correlation of IT Tech 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 IT Tech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IT Tech Packaging 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 IT Tech 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 ITP Stock Analysis
When running IT Tech's price analysis, check to measure IT Tech'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 IT Tech is operating at the current time. Most of IT Tech's value examination focuses on studying past and present price action to predict the probability of IT Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IT Tech's price. Additionally, you may evaluate how the addition of IT Tech to your portfolios can decrease your overall portfolio volatility.