Altra Industrial Current Valuation vs. EBITDA
| AIMCDelisted Stock | USD 61.98 0.00 0.00% |
For Altra Industrial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Altra Industrial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Altra Industrial Motion utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Altra Industrial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Altra Industrial Motion over time as well as its relative position and ranking within its peers.
Altra |
Altra Industrial Motion EBITDA vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Altra Industrial's current stock value. Our valuation model uses many indicators to compare Altra Industrial value to that of its competitors to determine the firm's financial worth. Altra Industrial Motion is rated fourth in current valuation category among its peers. It is rated third in ebitda category among its peers totaling about 0.07 of EBITDA per Current Valuation. The ratio of Current Valuation to EBITDA for Altra Industrial Motion is roughly 14.24 . 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 Altra Industrial's earnings, one of the primary drivers of an investment's value.Altra Current Valuation vs. Competition
Altra Industrial Motion is rated fourth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is presently estimated at about 334.46 Billion. Altra Industrial claims roughly 4.77 Billion in current valuation contributing just under 2% to equities under Industrials industry.
Altra EBITDA vs. Current Valuation
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.
Altra Industrial |
| = | 4.77 B |
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.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Altra Industrial |
| = | 335 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Altra EBITDA Comparison
Altra Industrial is currently under evaluation in ebitda category among its peers.
Altra Industrial Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Altra Industrial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Altra Industrial will eventually generate negative long term returns. The profitability progress is the general direction of Altra Industrial's change in net profit over the period of time. It can combine multiple indicators of Altra Industrial, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Altra Industrial Motion Corp. designs, produces, and markets a range of electromechanical power transmission motion control products for use in various motion-related applications, and high-volume manufacturing and non-manufacturing processes. Altra Industrial Motion Corp. was incorporated in 2004 and is headquartered in Braintree, Massachusetts. Altra Indtl operates under Specialty Industrial Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 9000 people.
Altra Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Altra Industrial. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Altra Industrial position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Altra Industrial's important profitability drivers and their relationship over time.
Use Altra Industrial in pair-trading
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 Altra Industrial 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 Altra Industrial will appreciate offsetting losses from the drop in the long position's value.Altra Industrial Pair Trading
Altra Industrial Motion Pair Trading Analysis
The ability to find closely correlated positions to Altra Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altra Industrial 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 Altra Industrial - 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 Altra Industrial Motion to buy it.
The correlation of Altra Industrial 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 Altra Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altra Industrial Motion 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 Altra Industrial 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.Use Investing Themes to Complement your Altra Industrial position
In addition to having Altra Industrial in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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West management companies as well as entities specializing in pollution control and recycling. The Recycling theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Recycling Theme or any other thematic opportunities.
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Other Consideration for investing in Altra Stock
If you are still planning to invest in Altra Industrial Motion check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Altra Industrial's history and understand the potential risks before investing.
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