Aluar Aluminio Argentino Stock Net Income
ALUA Stock | ARS 903.00 40.00 4.63% |
Aluar Aluminio Argentino fundamentals help investors to digest information that contributes to Aluar Aluminio's financial success or failures. It also enables traders to predict the movement of Aluar Stock. The fundamental analysis module provides a way to measure Aluar Aluminio'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 Aluar Aluminio stock.
Aluar |
Aluar Aluminio Argentino Company Net Income Analysis
Aluar Aluminio's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Aluar Aluminio Net Income | 29.44 B |
Most of Aluar Aluminio's fundamental indicators, such as Net Income, 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, Aluar Aluminio Argentino is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition |
Based on the recorded statements, Aluar Aluminio Argentino reported net income of 29.44 B. This is 244762.19% lower than that of the Basic Materials sector and significantly higher than that of the Aluminum industry. The net income for all Argentina stocks is significantly lower than that of the firm.
Aluar Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Aluar Aluminio's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Aluar Aluminio could also be used in its relative valuation, which is a method of valuing Aluar Aluminio by comparing valuation metrics of similar companies.Aluar Aluminio is currently under evaluation in net income category among related companies.
Aluar Fundamentals
Return On Equity | 0.27 | |||
Return On Asset | 0.11 | |||
Profit Margin | 0.16 % | |||
Operating Margin | 0.21 % | |||
Current Valuation | 502.28 B | |||
Shares Outstanding | 2.8 B | |||
Shares Owned By Insiders | 45.90 % | |||
Shares Owned By Institutions | 1.12 % | |||
Price To Earning | 231.03 X | |||
Price To Book | 3.52 X | |||
Price To Sales | 2.88 X | |||
Revenue | 172.19 B | |||
Gross Profit | 55.01 B | |||
EBITDA | 64.44 B | |||
Net Income | 29.44 B | |||
Cash And Equivalents | 7.25 B | |||
Cash Per Share | 2.59 X | |||
Total Debt | 23.8 B | |||
Debt To Equity | 0.52 % | |||
Current Ratio | 3.78 X | |||
Book Value Per Share | 49.42 X | |||
Cash Flow From Operations | 23.47 B | |||
Earnings Per Share | 9.73 X | |||
Price To Earnings To Growth | 0.71 X | |||
Target Price | 246.0 | |||
Number Of Employees | 26 | |||
Beta | 1.31 | |||
Market Capitalization | 585.2 B | |||
Total Asset | 218.96 B | |||
Retained Earnings | 4.23 B | |||
Working Capital | 4.49 B | |||
Current Asset | 8.61 B | |||
Current Liabilities | 4.12 B | |||
Z Score | 14.4 | |||
Annual Yield | 0.0004 % | |||
Five Year Return | 1.82 % | |||
Net Asset | 218.96 B |
About Aluar Aluminio Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Aluar Aluminio Argentino's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Aluar Aluminio using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Aluar Aluminio Argentino 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.
Pair Trading with Aluar Aluminio
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 Aluar Aluminio 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 Aluar Aluminio will appreciate offsetting losses from the drop in the long position's value.Moving together with Aluar Stock
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The ability to find closely correlated positions to Aluar Aluminio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aluar Aluminio 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 Aluar Aluminio - 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 Aluar Aluminio Argentino to buy it.
The correlation of Aluar Aluminio 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 Aluar Aluminio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aluar Aluminio Argentino 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 Aluar Aluminio 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 Aluar Aluminio Argentino. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Aluar Stock analysis
When running Aluar Aluminio's price analysis, check to measure Aluar Aluminio'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 Aluar Aluminio is operating at the current time. Most of Aluar Aluminio's value examination focuses on studying past and present price action to predict the probability of Aluar Aluminio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aluar Aluminio's price. Additionally, you may evaluate how the addition of Aluar Aluminio to your portfolios can decrease your overall portfolio volatility.
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