Sumitomo Corp Adr Stock Net Asset

SSUMY Stock  USD 21.24  0.14  0.65%   
Sumitomo Corp ADR fundamentals help investors to digest information that contributes to Sumitomo Corp's financial success or failures. It also enables traders to predict the movement of Sumitomo Pink Sheet. The fundamental analysis module provides a way to measure Sumitomo Corp'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 Sumitomo Corp pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Sumitomo Corp ADR Company Net Asset Analysis

Sumitomo Corp's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Net Asset

 = 

Current Market Value

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Current Liabilities

More About Net Asset | All Equity Analysis

Current Sumitomo Corp Net Asset

    
  9.58 T  
Most of Sumitomo Corp's fundamental indicators, such as Net 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, Sumitomo Corp ADR is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Competition

Based on the recorded statements, Sumitomo Corp ADR has a Net Asset of 9.58 T. This is much higher than that of the Industrials sector and significantly higher than that of the Conglomerates industry. The net asset for all United States stocks is notably lower than that of the firm.

Sumitomo Net Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sumitomo Corp's direct or indirect competition against its Net 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 Sumitomo Corp could also be used in its relative valuation, which is a method of valuing Sumitomo Corp by comparing valuation metrics of similar companies.
Sumitomo Corp is currently under evaluation in net asset category among its peers.

Sumitomo Fundamentals

About Sumitomo Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Sumitomo Corp ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sumitomo Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sumitomo Corp ADR 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.

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Additional Tools for Sumitomo Pink Sheet Analysis

When running Sumitomo Corp's price analysis, check to measure Sumitomo Corp'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 Sumitomo Corp is operating at the current time. Most of Sumitomo Corp's value examination focuses on studying past and present price action to predict the probability of Sumitomo Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sumitomo Corp's price. Additionally, you may evaluate how the addition of Sumitomo Corp to your portfolios can decrease your overall portfolio volatility.