Bechtle AG Cash And Equivalents vs. Book Value Per Share

BC8 Stock   31.10  0.38  1.21%   
Considering the key profitability indicators obtained from Bechtle AG's historical financial statements, Bechtle AG may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in December. Profitability indicators assess Bechtle AG's ability to earn profits and add value for shareholders.
For Bechtle AG profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Bechtle AG to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Bechtle AG utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Bechtle AG's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Bechtle AG over time as well as its relative position and ranking within its peers.
  
Check out Trending Equities.
Please note, there is a significant difference between Bechtle AG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bechtle AG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bechtle AG'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.

Bechtle AG Book Value Per Share vs. Cash And Equivalents Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Bechtle AG's current stock value. Our valuation model uses many indicators to compare Bechtle AG value to that of its competitors to determine the firm's financial worth.
Bechtle AG is number one stock in cash and equivalents category among its peers. It also is number one stock in book value per share category among its peers . The ratio of Cash And Equivalents to Book Value Per Share for Bechtle AG is about  37,335,783 . 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 Bechtle AG's earnings, one of the primary drivers of an investment's value.

Bechtle Book Value Per Share vs. Cash And Equivalents

Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Bechtle AG

Cash

 = 

Bank Deposits

+

Liquidities

 = 
431.75 M
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Bechtle AG

Book Value per Share

 = 

Common Equity

Average Shares

 = 
11.56 X
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.

Bechtle Book Value Per Share Comparison

Bechtle AG is currently under evaluation in book value per share category among its peers.

Bechtle Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Bechtle AG. 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 Bechtle AG 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 Bechtle AG's important profitability drivers and their relationship over time.

Use Bechtle AG 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 Bechtle AG 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 Bechtle AG will appreciate offsetting losses from the drop in the long position's value.

Bechtle AG Pair Trading

Bechtle AG Pair Trading Analysis

The ability to find closely correlated positions to Bechtle AG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bechtle AG 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 Bechtle AG - 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 Bechtle AG to buy it.
The correlation of Bechtle AG 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 Bechtle AG moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bechtle AG 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 Bechtle AG 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Bechtle AG position

In addition to having Bechtle AG 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?

Run SRI Sustainable Growth Thematic Idea Now

SRI Sustainable Growth
SRI Sustainable Growth Theme
Socially responsible investments that include companies making a positive, sustainable or social impact and exclude those making a negative impact. The SRI Sustainable Growth theme has 47 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 SRI Sustainable Growth Theme or any other thematic opportunities.
View All  Next Launch

Additional Tools for Bechtle Stock Analysis

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