Fredrik Stromholm - Ampco Pittsburgh Director

AP Stock  USD 2.17  0.06  2.84%   

Director

Fredrik Stromholm is Director of Ampco Pittsburgh since 2016.
Age 51
Tenure 8 years
Address 726 Bell Avenue, Carnegie, PA, United States, 15106
Phone412 456 4400
Webhttps://ampcopgh.com

Ampco Pittsburgh Management Efficiency

The company has Return on Asset (ROA) of 0.0129 % which means that for every $100 of assets, it generated a profit of $0.0129. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.4122) %, which implies that it produced no returns to current stockholders. Ampco Pittsburgh's management efficiency ratios could be used to measure how well Ampco Pittsburgh manages its routine affairs as well as how well it operates its assets and liabilities. As of 03/28/2024, Return On Capital Employed is likely to drop to 0.01. In addition to that, Return On Assets is likely to grow to -0.07. At this time, Ampco Pittsburgh's Non Current Liabilities Total is relatively stable compared to the past year. As of 03/28/2024, Change To Liabilities is likely to grow to about 7.6 M, while Total Current Liabilities is likely to drop slightly above 81 M.
The company reports 133.42 M of total liabilities with total debt to equity ratio (D/E) of 1.12, which is normal for its line of buisiness. Ampco-Pittsburgh has a current ratio of 1.64, which is generally considered normal. Debt can assist Ampco Pittsburgh until it has trouble settling it off, either with new capital or with free cash flow. So, Ampco Pittsburgh'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 Ampco-Pittsburgh sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ampco to invest in growth at high rates of return. When we think about Ampco Pittsburgh's use of debt, we should always consider it together with cash and equity.

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Ampco-Pittsburgh Corporation, together with its subsidiaries, engages in manufacture and sale of specialty metal products and customized equipment to commercial and industrial users worldwide. The company was incorporated in 1929 and is headquartered in Carnegie, Pennsylvania. Ampco-Pittsburgh operates under Metal Fabrication classification in the United States and is traded on New York Stock Exchange. It employs 1485 people. Ampco Pittsburgh (AP) is traded on New York Stock Exchange in USA. It is located in 726 Bell Avenue, Carnegie, PA, United States, 15106 and employs 1,697 people. Ampco Pittsburgh is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Ampco-Pittsburgh Leadership Team

Elected by the shareholders, the Ampco Pittsburgh's board of directors comprises two types of representatives: Ampco Pittsburgh inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ampco. The board's role is to monitor Ampco Pittsburgh's management team and ensure that shareholders' interests are well served. Ampco Pittsburgh's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ampco Pittsburgh's outside directors are responsible for providing unbiased perspectives on the board's policies.
J McBrayer, Chief Executive Officer, Director
Samuel Lyon, President of Union Electric Steel Corporation
Timothy Clutterbuck, President of ASW Steel Inc
David Anderson, President of Air and Liquid Systems Corporation
Robert Carothers, Chairman of Union Electric Steel Corporate, CEO of Union Electric Steel Corporate and President of Union Electric Steel Corporate
Michael German, Independent Director
Rodney Scagline, President - Union Electric Steel
Paul Gould, Independent Director
Laurence Paul, Independent Director
Michael McAuley, Chief Financial Officer, Senior Vice President, Treasurer
Melanie Sprowson, Director Secretary
Stephen Paul, Independent Director
Ernest Siddons, Director
Elizabeth Fessenden, Independent Director
Ann Whitty, Director
James Abel, Independent Non-Executive Chairman of the Board
John Stanik, CEO, Director and Member of Executive Committee
Kimberly Knox, Corporate Secretary
William Lieberman, Lead Independent Director
Maria Trainor, Vice President General Counsel, Corporate Secretary
Terry Dunlap, Independent Director
Roscoe Carrier, Chief Officer
Leonard Carroll, Independent Director
Robert Paul, Chairman, CEO, Chairman of Executive Committee and Chairman of Investment Committee
Darrell Mcnair, Independent Director
Marliss Johnson, CFO, Principal Accounting Officer and Treasurer
Carl Pforzheimer, Independent Director
Rose Hoover, President, Chief Administrative Officer
Fredrik Stromholm, Director
Brett McBrayer, CEO Director
Frederick Disanto, Independent Director
Keith Zatawski, Chief Benefits

Ampco Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ampco Pittsburgh a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Ampco Pittsburgh

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 Ampco Pittsburgh 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 Ampco Pittsburgh will appreciate offsetting losses from the drop in the long position's value.

Moving against Ampco Stock

  0.46CMPOW CompoSecurePairCorr
  0.44B Barnes Group Financial Report 25th of April 2024 PairCorr
The ability to find closely correlated positions to Ampco Pittsburgh could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ampco Pittsburgh 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 Ampco Pittsburgh - 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 Ampco Pittsburgh to buy it.
The correlation of Ampco Pittsburgh 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 Ampco Pittsburgh moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ampco-Pittsburgh 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 Ampco Pittsburgh 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
When determining whether Ampco-Pittsburgh is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Ampco Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ampco Pittsburgh Stock. Highlighted below are key reports to facilitate an investment decision about Ampco Pittsburgh Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ampco Pittsburgh. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Ampco Stock, please use our How to Invest in Ampco Pittsburgh guide.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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Is Ampco Pittsburgh's industry 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 Ampco Pittsburgh. If investors know Ampco 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 Ampco Pittsburgh 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
(0.31)
Earnings Share
(2.04)
Revenue Per Share
21.529
Quarterly Revenue Growth
0.156
Return On Assets
0.0129
The market value of Ampco-Pittsburgh is measured differently than its book value, which is the value of Ampco that is recorded on the company's balance sheet. Investors also form their own opinion of Ampco Pittsburgh's value that differs from its market value or its book value, called intrinsic value, which is Ampco Pittsburgh'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 Ampco Pittsburgh's market value can be influenced by many factors that don't directly affect Ampco Pittsburgh'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 Ampco Pittsburgh's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ampco Pittsburgh is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ampco Pittsburgh'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.