Allegheny Technologies EBITDA vs. Price To Book
| ATI Stock | USD 60.17 0.05 0.08% |
EBITDA | First Reported 2010-12-31 | Previous Quarter 466.4 M | Current Value 284.3 M | Quarterly Volatility 467.2 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.17 | 0.1923 |
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For Allegheny Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Allegheny Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Allegheny Technologies Incorporated utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Allegheny Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Allegheny Technologies Incorporated over time as well as its relative position and ranking within its peers.
Allegheny |
Allegheny Technologies' Revenue Breakdown by Earning Segment
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Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allegheny Technologies. If investors know Allegheny will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allegheny Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.07) | Earnings Share 2.6 | Revenue Per Share 33.577 | Quarterly Revenue Growth 0.025 | Return On Assets 0.0557 |
The market value of Allegheny Technologies is measured differently than its book value, which is the value of Allegheny that is recorded on the company's balance sheet. Investors also form their own opinion of Allegheny Technologies' value that differs from its market value or its book value, called intrinsic value, which is Allegheny Technologies' 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 Allegheny Technologies' market value can be influenced by many factors that don't directly affect Allegheny Technologies' 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 Allegheny Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Allegheny Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allegheny Technologies' 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.
Allegheny Technologies Price To Book vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Allegheny Technologies's current stock value. Our valuation model uses many indicators to compare Allegheny Technologies value to that of its competitors to determine the firm's financial worth. Allegheny Technologies Incorporated is number one stock in ebitda category among its peers. It is rated third in price to book category among its peers . The ratio of EBITDA to Price To Book for Allegheny Technologies Incorporated is about 97,347,165 . As of now, Allegheny Technologies' EBITDA is decreasing as compared to previous years. 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 Allegheny Technologies' earnings, one of the primary drivers of an investment's value.Allegheny Technologies' Earnings Breakdown by Geography
Allegheny Price To Book vs. EBITDA
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.
Allegheny Technologies |
| = | 466.4 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.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Allegheny Technologies |
| = | 4.79 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Allegheny Price To Book Comparison
Allegheny Technologies is currently under evaluation in price to book category among its peers.
Allegheny Technologies Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Allegheny Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Allegheny Technologies will eventually generate negative long term returns. The profitability progress is the general direction of Allegheny Technologies' change in net profit over the period of time. It can combine multiple indicators of Allegheny Technologies, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -83.2 M | -87.4 M | |
| Operating Income | 466.4 M | 489.7 M | |
| Income Before Tax | 295.2 M | 310 M | |
| Total Other Income Expense Net | -171.2 M | -162.6 M | |
| Net Income | 410.8 M | 431.3 M | |
| Income Tax Expense | -128.2 M | -121.8 M | |
| Net Income Applicable To Common Shares | 117.8 M | 123.7 M | |
| Net Income From Continuing Ops | 312.1 M | 327.7 M | |
| Non Operating Income Net Other | -11.2 M | -10.7 M | |
| Interest Income | 13 M | 12.3 M | |
| Net Interest Income | -84.6 M | -88.8 M | |
| Change To Netincome | 190.9 M | 132.8 M | |
| Net Income Per Share | 3.21 | 3.37 | |
| Income Quality | 0.21 | 0.20 | |
| Net Income Per E B T | 1.39 | 1.46 |
Allegheny Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Allegheny Technologies. 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 Allegheny Technologies 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 Allegheny Technologies' important profitability drivers and their relationship over time.
Use Allegheny Technologies 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 Allegheny Technologies 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 Allegheny Technologies will appreciate offsetting losses from the drop in the long position's value.Allegheny Technologies Pair Trading
Allegheny Technologies Incorporated Pair Trading Analysis
The ability to find closely correlated positions to Allegheny Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allegheny Technologies 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 Allegheny Technologies - 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 Allegheny Technologies Incorporated to buy it.
The correlation of Allegheny Technologies 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 Allegheny Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allegheny Technologies 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 Allegheny Technologies 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 Allegheny Technologies position
In addition to having Allegheny Technologies 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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To fully project Allegheny Technologies' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Allegheny Technologies at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Allegheny Technologies' income statement, its balance sheet, and the statement of cash flows.