Forfarmers Nv Stock Current Ratio
| FFARM Stock | EUR 2.70 0.01 0.37% |
ForFarmers NV fundamentals help investors to digest information that contributes to ForFarmers' financial success or failures. It also enables traders to predict the movement of ForFarmers Stock. The fundamental analysis module provides a way to measure ForFarmers' 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 ForFarmers stock.
ForFarmers |
ForFarmers NV Company Current Ratio Analysis
ForFarmers' Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current ForFarmers Current Ratio | 1.38 X |
Most of ForFarmers' fundamental indicators, such as Current Ratio, 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, ForFarmers NV is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
In accordance with the recently published financial statements, ForFarmers NV has a Current Ratio of 1.38 times. This is 30.65% lower than that of the Food Products sector and 63.1% lower than that of the Consumer Staples industry. The current ratio for all Netherlands stocks is 36.11% higher than that of the company.
ForFarmers Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ForFarmers' direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ForFarmers could also be used in its relative valuation, which is a method of valuing ForFarmers by comparing valuation metrics of similar companies.ForFarmers is currently under evaluation in current ratio category among related companies.
ForFarmers Fundamentals
| Return On Equity | 0.037 | |||
| Return On Asset | 0.0204 | |||
| Profit Margin | 0 % | |||
| Operating Margin | 0.01 % | |||
| Current Valuation | 377.58 M | |||
| Shares Outstanding | 89.07 M | |||
| Shares Owned By Insiders | 71.96 % | |||
| Shares Owned By Institutions | 8.60 % | |||
| Price To Earning | 12.36 X | |||
| Price To Book | 0.73 X | |||
| Price To Sales | 0.09 X | |||
| Revenue | 2.67 B | |||
| Gross Profit | 409.73 M | |||
| EBITDA | 69.41 M | |||
| Net Income | 12.03 M | |||
| Cash And Equivalents | 51.76 M | |||
| Cash Per Share | 0.52 X | |||
| Total Debt | 59.48 M | |||
| Debt To Equity | 15.60 % | |||
| Current Ratio | 1.38 X | |||
| Book Value Per Share | 3.73 X | |||
| Cash Flow From Operations | 54.68 M | |||
| Earnings Per Share | 0.15 X | |||
| Target Price | 3.1 | |||
| Number Of Employees | 2.44 K | |||
| Beta | 0.69 | |||
| Market Capitalization | 280.14 M | |||
| Total Asset | 943.44 M | |||
| Z Score | 4.4 | |||
| Annual Yield | 0.06 % | |||
| Net Asset | 943.44 M | |||
| Last Dividend Paid | 0.19 |
About ForFarmers Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ForFarmers NV's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ForFarmers using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ForFarmers NV 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 ForFarmers
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 ForFarmers 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 ForFarmers will appreciate offsetting losses from the drop in the long position's value.Moving together with ForFarmers Stock
| 0.65 | AZRN | Azerion Group NV | PairCorr |
Moving against ForFarmers Stock
| 0.58 | TBIRD | Thunderbird Resorts | PairCorr |
The ability to find closely correlated positions to ForFarmers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ForFarmers 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 ForFarmers - 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 ForFarmers NV to buy it.
The correlation of ForFarmers 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 ForFarmers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ForFarmers NV 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 ForFarmers 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ForFarmers NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for ForFarmers Stock analysis
When running ForFarmers' price analysis, check to measure ForFarmers' 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 ForFarmers is operating at the current time. Most of ForFarmers' value examination focuses on studying past and present price action to predict the probability of ForFarmers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ForFarmers' price. Additionally, you may evaluate how the addition of ForFarmers to your portfolios can decrease your overall portfolio volatility.
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |