Aker Asa Stock Fundamentals
| AKAAF Stock | USD 57.75 0.00 0.00% |
Aker ASA fundamentals help investors to digest information that contributes to Aker ASA's financial success or failures. It also enables traders to predict the movement of Aker Pink Sheet. The fundamental analysis module provides a way to measure Aker ASA's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Aker ASA pink sheet.
Aker |
Aker ASA Company Current Valuation Analysis
Aker ASA'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 Aker ASA Current Valuation | 7.06 B |
Most of Aker ASA'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, Aker ASA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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, Aker ASA has a Current Valuation of 7.06 B. This is 3.01% lower than that of the Industrials sector and 114.56% higher than that of the Conglomerates industry. The current valuation for all United States stocks is 57.51% higher than that of the company.
Aker ASA Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Aker ASA's current stock value. Our valuation model uses many indicators to compare Aker ASA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Aker ASA competition to find correlations between indicators driving Aker ASA's intrinsic value. More Info.Aker ASA is number one stock in return on equity category among related companies. It is number one stock in return on asset category among related companies reporting about 0.25 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Aker ASA is roughly 3.99 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Aker ASA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Aker ASA's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Aker ASA's earnings, one of the primary drivers of an investment's value.Aker Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Aker ASA's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Aker ASA could also be used in its relative valuation, which is a method of valuing Aker ASA by comparing valuation metrics of similar companies.Aker ASA is currently under evaluation in current valuation category among related companies.
Aker Fundamentals
| Return On Equity | 0.35 | |||
| Return On Asset | 0.0877 | |||
| Profit Margin | 0.74 % | |||
| Operating Margin | 0.50 % | |||
| Current Valuation | 7.06 B | |||
| Shares Outstanding | 74.29 M | |||
| Shares Owned By Insiders | 72.44 % | |||
| Shares Owned By Institutions | 12.81 % | |||
| Price To Earning | 33.28 X | |||
| Price To Book | 1.26 X | |||
| Price To Sales | 0.21 X | |||
| Revenue | 6.49 B | |||
| Gross Profit | 3.18 B | |||
| EBITDA | 2.19 B | |||
| Net Income | 4.28 B | |||
| Cash And Equivalents | 18.1 B | |||
| Cash Per Share | 243.56 X | |||
| Total Debt | 28.92 B | |||
| Debt To Equity | 0.59 % | |||
| Current Ratio | 2.30 X | |||
| Book Value Per Share | 614.09 X | |||
| Cash Flow From Operations | 1.8 B | |||
| Earnings Per Share | 22.64 X | |||
| Number Of Employees | 3.11 K | |||
| Beta | 1.45 | |||
| Market Capitalization | 5.64 B | |||
| Total Asset | 77.89 B | |||
| Retained Earnings | 16.79 B | |||
| Working Capital | 6.37 B | |||
| Current Asset | 31.79 B | |||
| Current Liabilities | 25.42 B | |||
| Annual Yield | 0.04 % | |||
| Net Asset | 77.89 B | |||
| Last Dividend Paid | 14.5 |
About Aker ASA Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Aker ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Aker ASA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Aker ASA 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.Aker ASA operates as an industrial investment company in Norway, the European Union, North America, South America, Asia, and internationally. The company was founded in 1841 and is based in Lysaker, Norway. Aker ASA is traded on OTC Exchange in the United States.
Pair Trading with Aker ASA
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 Aker ASA 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 Aker ASA will appreciate offsetting losses from the drop in the long position's value.Moving against Aker Pink Sheet
| 0.83 | NVDA | NVIDIA Financial Report 22nd of May 2024 | PairCorr |
| 0.78 | MSBHF | Mitsubishi Corp | PairCorr |
| 0.73 | MITSF | Mitsui Co | PairCorr |
| 0.68 | HTHIF | Hitachi | PairCorr |
| 0.68 | HTHIY | Hitachi Ltd ADR | PairCorr |
The ability to find closely correlated positions to Aker ASA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aker ASA 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 Aker ASA - 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 Aker ASA to buy it.
The correlation of Aker ASA 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 Aker ASA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aker ASA 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 Aker ASA 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Aker ASA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Aker ASA information on this page should be used as a complementary analysis to other Aker ASA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Aker Pink Sheet analysis
When running Aker ASA's price analysis, check to measure Aker ASA'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 Aker ASA is operating at the current time. Most of Aker ASA's value examination focuses on studying past and present price action to predict the probability of Aker ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aker ASA's price. Additionally, you may evaluate how the addition of Aker ASA to your portfolios can decrease your overall portfolio volatility.
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