Ishares Global Healthcare Etf Earnings Per Share
| IXJ Etf | USD 90.41 0.25 0.28% |
iShares Global Healthcare fundamentals help investors to digest information that contributes to IShares Global's financial success or failures. It also enables traders to predict the movement of IShares Etf. The fundamental analysis module provides a way to measure IShares Global'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 IShares Global etf.
IShares |
iShares Global Healthcare ETF Earnings Per Share Analysis
IShares Global's Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Current IShares Global Earnings Per Share | 6.04 X |
Most of IShares Global's fundamental indicators, such as Earnings Per Share, 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, iShares Global Healthcare is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
| Competition |
According to the company disclosure, iShares Global Healthcare has an Earnings Per Share of 6.04 times. This is much higher than that of the iShares family and significantly higher than that of the Health category. The earnings per share for all United States etfs is notably lower than that of the firm.
IShares Earnings Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IShares Global's direct or indirect competition against its Earnings Per Share to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of IShares Global could also be used in its relative valuation, which is a method of valuing IShares Global by comparing valuation metrics of similar companies.IShares Global is currently under evaluation in earnings per share as compared to similar ETFs.
Fund Asset Allocation for IShares Global
The fund invests 99.62% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides IShares Global's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
IShares Fundamentals
| Return On Equity | 23.19 | |||
| Return On Asset | 0.88 | |||
| Operating Margin | 76.50 % | |||
| Current Valuation | 3.06 B | |||
| Shares Outstanding | 35.85 M | |||
| Shares Owned By Institutions | 72.32 % | |||
| Price To Earning | 5.54 X | |||
| Price To Book | 0.93 X | |||
| Price To Sales | 73.93 X | |||
| Revenue | 43.28 M | |||
| Gross Profit | 43.28 M | |||
| Net Income | 539.56 M | |||
| Cash And Equivalents | 9.76 M | |||
| Cash Per Share | 0.28 X | |||
| Total Debt | 1.62 M | |||
| Current Ratio | 2.68 X | |||
| Book Value Per Share | 96.41 X | |||
| Earnings Per Share | 6.04 X | |||
| Number Of Employees | 15 | |||
| Beta | 0.69 | |||
| Market Capitalization | 3.05 B | |||
| Total Asset | 3.43 B | |||
| One Year Return | 10.20 % | |||
| Three Year Return | 2.40 % | |||
| Five Year Return | 7.80 % | |||
| Ten Year Return | 7.60 % | |||
| Net Asset | 3.43 B | |||
| Last Dividend Paid | 0.53 | |||
| Equity Positions Weight | 99.62 % |
About IShares Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze iShares Global Healthcare's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IShares Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of iShares Global Healthcare 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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out IShares Global Piotroski F Score and IShares Global Altman Z Score analysis. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of iShares Global Healthcare is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Global's value that differs from its market value or its book value, called intrinsic value, which is IShares Global'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 IShares Global's market value can be influenced by many factors that don't directly affect IShares Global'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 IShares Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Global'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.