Applied Industrial Technologies Stock Current Valuation
| AIT Stock | USD 183.99 0.41 0.22% |
Valuation analysis of Applied Industrial helps investors to measure Applied Industrial's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. Enterprise Value is likely to gain to about 5.5 B in 2024, whereas Enterprise Value Over EBITDA is likely to drop 6.82 in 2024. Fundamental drivers impacting Applied Industrial's valuation include:
Price Book 4.5953 | Enterprise Value 7.4 B | Enterprise Value Ebitda 13.8293 | Price Sales 1.6559 | Forward PE 18.8324 |
Fairly Valued
Today
Please note that Applied Industrial's price fluctuation is very steady at this time. Calculation of the real value of Applied Industrial is based on 3 months time horizon. Increasing Applied Industrial's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Applied Industrial Technologies is useful when determining the fair value of the Applied stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Applied Industrial. Since Applied Industrial is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Applied Stock. However, Applied Industrial's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 183.99 | Real 183.17 | Target 180.33 | Hype 183.93 | Naive 176.45 |
The real value of Applied Stock, also known as its intrinsic value, is the underlying worth of Applied Industrial Company, which is reflected in its stock price. It is based on Applied Industrial's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Applied Industrial's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Applied Industrial's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Applied Industrial Technologies helps investors to forecast how Applied stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Applied Industrial more accurately as focusing exclusively on Applied Industrial's fundamentals will not take into account other important factors: Applied Industrial Technologies Company Current Valuation Analysis
Applied Industrial's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Applied Industrial Current Valuation | 7.45 B |
Most of Applied Industrial's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Applied Industrial Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Applied Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Applied Industrial is extremely important. It helps to project a fair market value of Applied Stock properly, considering its historical fundamentals such as Current Valuation. Since Applied Industrial's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Applied Industrial's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Applied Industrial's interrelated accounts and indicators.
Click cells to compare fundamentals
Applied Current Valuation Historical Pattern
Today, most investors in Applied Industrial Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Applied Industrial's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Applied Industrial current valuation as a starting point in their analysis.
Applied Industrial Current Valuation |
| Timeline |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Applied Industrial Technologies has a Current Valuation of 7.45 B. This is 2.29% higher than that of the Trading Companies & Distributors sector and 73.49% higher than that of the Industrials industry. The current valuation for all United States stocks is 55.19% higher than that of the company.
Applied Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Applied Industrial's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Applied Industrial could also be used in its relative valuation, which is a method of valuing Applied Industrial by comparing valuation metrics of similar companies.Applied Industrial is currently under evaluation in current valuation category among related companies.
Applied Fundamentals
| Return On Equity | 0.26 | ||||
| Return On Asset | 0.12 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 7.45 B | ||||
| Shares Outstanding | 38.67 M | ||||
| Shares Owned By Insiders | 1.25 % | ||||
| Shares Owned By Institutions | 95.67 % | ||||
| Number Of Shares Shorted | 518.94 K | ||||
| Price To Earning | 44.62 X | ||||
| Price To Book | 4.60 X | ||||
| Price To Sales | 1.66 X | ||||
| Revenue | 4.41 B | ||||
| Gross Profit | 1.29 B | ||||
| EBITDA | 526.22 M | ||||
| Net Income | 346.74 M | ||||
| Cash And Equivalents | 344.04 M | ||||
| Cash Per Share | 3.83 X | ||||
| Total Debt | 622.1 M | ||||
| Debt To Equity | 0.53 % | ||||
| Current Ratio | 3.08 X | ||||
| Book Value Per Share | 41.55 X | ||||
| Cash Flow From Operations | 343.97 M | ||||
| Short Ratio | 0.78 X | ||||
| Earnings Per Share | 9.53 X | ||||
| Price To Earnings To Growth | 1.88 X | ||||
| Target Price | 210.0 | ||||
| Number Of Employees | 6.37 K | ||||
| Beta | 1.09 | ||||
| Market Capitalization | 7.27 B | ||||
| Total Asset | 2.74 B | ||||
| Retained Earnings | 1.79 B | ||||
| Working Capital | 1.11 B | ||||
| Current Asset | 437.35 M | ||||
| Current Liabilities | 151.33 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 1.75 % | ||||
| Net Asset | 2.74 B | ||||
| Last Dividend Paid | 1.4 |
About Applied Industrial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Applied Industrial Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Applied Industrial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Applied Industrial Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Applied Industrial Investors Sentiment
The influence of Applied Industrial's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Applied. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Applied Industrial's public news can be used to forecast risks associated with an investment in Applied. The trend in average sentiment can be used to explain how an investor holding Applied can time the market purely based on public headlines and social activities around Applied Industrial Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Applied Industrial's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Applied Industrial's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Applied Industrial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Applied Industrial.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Applied Industrial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Applied Industrial's short interest history, or implied volatility extrapolated from Applied Industrial options trading.
Pair Trading with Applied Industrial
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 Applied Industrial 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 Applied Industrial will appreciate offsetting losses from the drop in the long position's value.Moving together with Applied Stock
| 0.68 | DSGR | Distribution Solutions Financial Report 2nd of May 2024 | PairCorr |
| 0.77 | DXPE | DXP Enterprises Financial Report 9th of May 2024 | PairCorr |
| 0.82 | FAST | Fastenal Financial Report 11th of July 2024 | PairCorr |
| 0.91 | FERG | Ferguson Plc Financial Report 4th of June 2024 | PairCorr |
Moving against Applied Stock
| 0.6 | AZ | A2Z Smart Technologies | PairCorr |
| 0.57 | BA | Boeing Earnings Call This Week | PairCorr |
| 0.51 | TITN | Titan Machinery Financial Report 23rd of May 2024 | PairCorr |
The ability to find closely correlated positions to Applied Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Applied Industrial 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 Applied Industrial - 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 Applied Industrial Technologies to buy it.
The correlation of Applied Industrial 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 Applied Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Applied Industrial 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 Applied Industrial 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.Check out Applied Industrial Piotroski F Score and Applied Industrial Altman Z Score analysis. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Applied Stock analysis
When running Applied Industrial's price analysis, check to measure Applied Industrial'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 Applied Industrial is operating at the current time. Most of Applied Industrial's value examination focuses on studying past and present price action to predict the probability of Applied Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Applied Industrial's price. Additionally, you may evaluate how the addition of Applied Industrial to your portfolios can decrease your overall portfolio volatility.
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Is Applied Industrial'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 Applied Industrial. If investors know Applied 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 Applied Industrial 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 0.132 | Dividend Share 1.4 | Earnings Share 9.53 | Revenue Per Share 115.377 | Quarterly Revenue Growth 0.016 |
The market value of Applied Industrial is measured differently than its book value, which is the value of Applied that is recorded on the company's balance sheet. Investors also form their own opinion of Applied Industrial's value that differs from its market value or its book value, called intrinsic value, which is Applied Industrial'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 Applied Industrial's market value can be influenced by many factors that don't directly affect Applied Industrial'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 Applied Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Applied Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Applied Industrial'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.