Priortech (Israel) Analysis
| PRTC Stock | ILS 25,070 230.00 0.93% |
Priortech has over 71.42 Million in debt which may indicate that it relies heavily on debt financing. With a high degree of financial leverage come high-interest payments, which usually reduce Priortech's Earnings Per Share (EPS).
Asset vs Debt
Equity vs Debt
Priortech's liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. Priortech's cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the Company is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps Priortech Stock's retail investors understand whether an upcoming fall or rise in the market will negatively affect Priortech's stakeholders.
For many companies, including Priortech, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for Priortech, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, Priortech's management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Given that Priortech's debt-to-equity ratio measures a Company's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Priortech is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of Priortech to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Priortech is said to be less leveraged. If creditors hold a majority of Priortech's assets, the Company is said to be highly leveraged.
Priortech is overvalued with Real Value of 23955.0 and Hype Value of 25070.0. The main objective of Priortech stock analysis is to determine its intrinsic value, which is an estimate of what Priortech is worth, separate from its market price. There are two main types of Priortech's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Priortech's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Priortech's stock to identify patterns and trends that may indicate its future price movements.
The Priortech stock is traded in Israel on Tel Aviv Stock Exchange, with the market opening at 09:00:00 and closing at 17:30:00 every Mon,Tue,Wed,Thu,Sun except for officially observed holidays in Israel. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Priortech's ongoing operational relationships across important fundamental and technical indicators.
Priortech |
Priortech Stock Analysis Notes
About 29.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.06. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Priortech recorded earning per share (EPS) of 11.15. The entity last dividend was issued on the 30th of September 2020. Priortech Ltd, through its subsidiaries, provides capital equipment, technologies, and manufacturing services in Israel and internationally. Priortech Ltd was incorporated in 1980 and is based in Migdal HaEmek, Israel. PRIORTECH operates under Contract Manufacturers classification in Israel and is traded on Tel Aviv Stock Exchange. To find out more about Priortech contact Yotam Stern at 972 3 695 9595 or learn more at https://www.prior-tech.co.il.Priortech Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Priortech's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Priortech or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| Priortech has accumulated about 18.3 M in cash with (6.44 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.6. | |
| Roughly 29.0% of the company outstanding shares are owned by corporate insiders |
Priortech Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 773.13 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Priortech's market, we take the total number of its shares issued and multiply it by Priortech's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Priortech Profitablity
Priortech's profitability indicators refer to fundamental financial ratios that showcase Priortech's ability to generate income relative to its revenue or operating costs. If, let's say, Priortech is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Priortech's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Priortech's profitability requires more research than a typical breakdown of Priortech's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 53.69 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of (1.67) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $1.67. Technical Drivers
As of the 4th of February, Priortech holds the Coefficient Of Variation of 3096.39, semi deviation of 2.44, and Risk Adjusted Performance of 0.0311. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Priortech, as well as the relationship between them.Priortech Price Movement Analysis
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Priortech middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Priortech. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Priortech Outstanding Bonds
Priortech issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Priortech uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Priortech bonds can be classified according to their maturity, which is the date when Priortech has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Priortech Predictive Daily Indicators
Priortech intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Priortech stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 1367.1 | |||
| Daily Balance Of Power | 0.2233 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 25035.0 | |||
| Day Typical Price | 25046.67 | |||
| Market Facilitation Index | 0.0304 | |||
| Price Action Indicator | 150.0 | |||
| Period Momentum Indicator | 230.0 | |||
| Relative Strength Index | 53.72 |
Priortech Forecast Models
Priortech's time-series forecasting models are one of many Priortech's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Priortech's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Priortech Debt to Cash Allocation
Priortech has accumulated 71.42 M in total debt with debt to equity ratio (D/E) of 27.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Priortech has a current ratio of 3.02, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Priortech until it has trouble settling it off, either with new capital or with free cash flow. So, Priortech's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Priortech sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Priortech to invest in growth at high rates of return. When we think about Priortech's use of debt, we should always consider it together with cash and equity.Priortech Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Priortech's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Priortech, which in turn will lower the firm's financial flexibility.Priortech Corporate Bonds Issued
Most Priortech bonds can be classified according to their maturity, which is the date when Priortech has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
About Priortech Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Priortech prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Priortech shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Priortech. By using and applying Priortech Stock analysis, traders can create a robust methodology for identifying Priortech entry and exit points for their positions.
Priortech Ltd, through its subsidiaries, provides capital equipment, technologies, and manufacturing services in Israel and internationally. Priortech Ltd was incorporated in 1980 and is based in Migdal HaEmek, Israel. PRIORTECH operates under Contract Manufacturers classification in Israel and is traded on Tel Aviv Stock Exchange.
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When running Priortech's price analysis, check to measure Priortech'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 Priortech is operating at the current time. Most of Priortech's value examination focuses on studying past and present price action to predict the probability of Priortech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Priortech's price. Additionally, you may evaluate how the addition of Priortech to your portfolios can decrease your overall portfolio volatility.
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