Graphjet Technology Price To Earning vs. Cash Per Share
| GTI Stock | 2.69 0.01 0.37% |
For Graphjet Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Graphjet Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Graphjet Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Graphjet Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Graphjet Technology over time as well as its relative position and ranking within its peers.
Graphjet |
Is Electrical Components & Equipment 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 Graphjet Technology. If investors know Graphjet 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 Graphjet Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.01) | Return On Assets (1.38) |
The market value of Graphjet Technology is measured differently than its book value, which is the value of Graphjet that is recorded on the company's balance sheet. Investors also form their own opinion of Graphjet Technology's value that differs from its market value or its book value, called intrinsic value, which is Graphjet Technology's 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 Graphjet Technology's market value can be influenced by many factors that don't directly affect Graphjet Technology's 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 Graphjet Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Graphjet Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Graphjet Technology'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.
Graphjet Technology Cash Per Share vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Graphjet Technology's current stock value. Our valuation model uses many indicators to compare Graphjet Technology value to that of its competitors to determine the firm's financial worth. Graphjet Technology is one of the top stocks in price to earning category among its peers. It also is one of the top stocks in cash per share category among its peers . The ratio of Price To Earning to Cash Per Share for Graphjet Technology is about 1,572 . As of now, Graphjet Technology's Cash Per Share is increasing 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 Graphjet Technology's earnings, one of the primary drivers of an investment's value.Graphjet Cash Per Share vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Graphjet Technology |
| = | 125.75 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Graphjet Technology |
| = | 0.08 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Graphjet Cash Per Share Comparison
Graphjet Technology is currently under evaluation in cash per share category among its peers.
Graphjet Technology Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Graphjet Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Graphjet Technology will eventually generate negative long term returns. The profitability progress is the general direction of Graphjet Technology's change in net profit over the period of time. It can combine multiple indicators of Graphjet Technology, 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 | 82.6 K | 86.7 K | |
| Net Interest Income | -11.7 K | -11.1 K | |
| Operating Income | -814.3 K | -855 K | |
| Net Loss | -822.3 K | -781.2 K | |
| Income Before Tax | -41.7 K | -39.6 K | |
| Net Loss | -41.7 K | -43.8 K | |
| Income Tax Expense | -388.5 K | -369.1 K | |
| Total Other Income Expense Net | 772.6 K | 882.8 K | |
| Net Loss | (0.01) | (0.01) | |
| Income Quality | 7.70 | 8.09 |
Graphjet Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Graphjet Technology. 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 Graphjet Technology 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 Graphjet Technology's important profitability drivers and their relationship over time.
Use Graphjet Technology 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 Graphjet Technology 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 Graphjet Technology will appreciate offsetting losses from the drop in the long position's value.Graphjet Technology Pair Trading
Graphjet Technology Pair Trading Analysis
The ability to find closely correlated positions to Graphjet Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Graphjet Technology 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 Graphjet Technology - 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 Graphjet Technology to buy it.
The correlation of Graphjet Technology 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 Graphjet Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Graphjet Technology 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 Graphjet Technology 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 Graphjet Technology position
In addition to having Graphjet Technology 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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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Precious Metals theme has 61 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 Precious Metals Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis. For more detail on how to invest in Graphjet Stock please use our How to Invest in Graphjet Technology guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
To fully project Graphjet Technology's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Graphjet Technology 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 Graphjet Technology's income statement, its balance sheet, and the statement of cash flows.