Passur Aerospace Stock Fundamentals
| PSSR Stock | USD 0.01 0 11.76% |
Passur Aerospace fundamentals help investors to digest information that contributes to Passur Aerospace's financial success or failures. It also enables traders to predict the movement of Passur Pink Sheet. The fundamental analysis module provides a way to measure Passur Aerospace'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 Passur Aerospace pink sheet.
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Passur Aerospace Company Return On Asset Analysis
Passur Aerospace's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Passur Aerospace Return On Asset | 0.0826 |
Most of Passur Aerospace's fundamental indicators, such as Return On Asset, 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, Passur Aerospace is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, Passur Aerospace has a Return On Asset of 0.0826. This is 116.2% lower than that of the Aerospace & Defense sector and 97.83% lower than that of the Industrials industry. The return on asset for all United States stocks is 159.0% lower than that of the firm.
Passur Aerospace Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Passur Aerospace's current stock value. Our valuation model uses many indicators to compare Passur Aerospace value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Passur Aerospace competition to find correlations between indicators driving Passur Aerospace's intrinsic value. More Info.Passur Aerospace is considered to be number one stock in return on asset category among its peers. It is regarded second in profit margin category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Passur Aerospace's earnings, one of the primary drivers of an investment's value.Passur Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Passur Aerospace's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Passur Aerospace could also be used in its relative valuation, which is a method of valuing Passur Aerospace by comparing valuation metrics of similar companies.Passur Aerospace is currently under evaluation in return on asset category among its peers.
Passur Fundamentals
| Return On Asset | 0.0826 | |||
| Profit Margin | (0.55) % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 14.01 M | |||
| Shares Outstanding | 7.71 M | |||
| Shares Owned By Insiders | 60.22 % | |||
| Price To Earning | 7.81 X | |||
| Price To Book | 123.90 X | |||
| Price To Sales | 0.14 X | |||
| Revenue | 6.16 M | |||
| Gross Profit | 3.88 M | |||
| EBITDA | 1.86 M | |||
| Net Income | 93.2 K | |||
| Cash And Equivalents | 216.57 K | |||
| Cash Per Share | 0.03 X | |||
| Total Debt | 10.69 M | |||
| Current Ratio | 0.43 X | |||
| Book Value Per Share | (1.83) X | |||
| Cash Flow From Operations | (4.62 M) | |||
| Earnings Per Share | (0.23) X | |||
| Number Of Employees | 40 | |||
| Beta | 0.29 | |||
| Market Capitalization | 848.33 K | |||
| Total Asset | 3.84 M | |||
| Retained Earnings | (2.05 M) | |||
| Working Capital | (1.73 M) | |||
| Current Asset | 3.38 M | |||
| Current Liabilities | 5.11 M | |||
| Z Score | 1.0 | |||
| Net Asset | 3.84 M |
About Passur Aerospace Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Passur Aerospace's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Passur Aerospace using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Passur Aerospace 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.PASSUR Aerospace, Inc., a business intelligence company, provides predictive analytics and decision support technology for the aviation industry in the United States and internationally. PASSUR Aerospace, Inc. was founded in 1967 and is headquartered in Stamford, Connecticut. Passur Aerospace operates under Aerospace Defense classification in the United States and is traded on OTC Exchange. It employs 40 people.
Pair Trading with Passur Aerospace
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 Passur Aerospace 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 Passur Aerospace will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Passur Aerospace could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Passur Aerospace 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 Passur Aerospace - 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 Passur Aerospace to buy it.
The correlation of Passur Aerospace 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 Passur Aerospace moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Passur Aerospace 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 Passur Aerospace 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 Passur Pink Sheet Analysis
When running Passur Aerospace's price analysis, check to measure Passur Aerospace'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 Passur Aerospace is operating at the current time. Most of Passur Aerospace's value examination focuses on studying past and present price action to predict the probability of Passur Aerospace's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Passur Aerospace's price. Additionally, you may evaluate how the addition of Passur Aerospace to your portfolios can decrease your overall portfolio volatility.