Ampco Pittsburgh Cash Flow from Operations vs. Current Valuation

AP Stock  USD 2.17  0.06  2.84%   
Considering the key profitability indicators obtained from Ampco Pittsburgh's historical financial statements, Ampco Pittsburgh may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in April. Profitability indicators assess Ampco Pittsburgh's ability to earn profits and add value for shareholders. As of 03/29/2024, Price To Sales Ratio is likely to drop to 0.12. In addition to that, Operating Cash Flow Sales Ratio is likely to grow to -0.0083. At this time, Ampco Pittsburgh's Net Income Applicable To Common Shares is relatively stable compared to the past year. As of 03/29/2024, Net Income From Continuing Ops is likely to grow to about 3.1 M, though Income Before Tax is likely to grow to (37.3 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.260.1348
Way Up
Slightly volatile
For Ampco Pittsburgh profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ampco Pittsburgh to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ampco Pittsburgh utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ampco Pittsburgh's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ampco Pittsburgh over time as well as its relative position and ranking within its peers.
  
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To learn how to invest in Ampco Stock, please use our How to Invest in Ampco Pittsburgh guide.
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.

Ampco-Pittsburgh Current Valuation vs. Cash Flow from Operations Fundamental Analysis

Ampco Current Valuation vs. Cash Flow from Operations

Ampco Pittsburgh

 = 
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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.

Ampco Pittsburgh

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
169.24 M
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.

Ampco Current Valuation vs Competition

Ampco Pittsburgh is rated fifth in current valuation category among related companies. After adjusting for long-term liabilities, total market size of Materials industry is presently estimated at about 27.98 Billion. Ampco Pittsburgh maintains roughly 169.24 Million in current valuation contributing less than 1% to all equities under Materials industry.

Use Ampco Pittsburgh in pair-trading

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.

Ampco Pittsburgh Pair Trading

Ampco Pittsburgh Pair Trading Analysis

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

Use Investing Themes to Complement your Ampco Pittsburgh position

In addition to having Ampco Pittsburgh in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Baby Boomer Prospects Thematic Idea Now

Baby Boomer Prospects
Baby Boomer Prospects Theme
Equities with large market capitalization that account for significant contribution to overall economic growth especially within dividend-paying instruments and stocks from healthcare and financial sectors. The Baby Boomer Prospects theme has 98 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Baby Boomer Prospects Theme or any other thematic opportunities.
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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:
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To learn how to invest in Ampco Stock, please use our How to Invest in Ampco Pittsburgh guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running Ampco Pittsburgh's price analysis, check to measure Ampco Pittsburgh'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 Ampco Pittsburgh is operating at the current time. Most of Ampco Pittsburgh's value examination focuses on studying past and present price action to predict the probability of Ampco Pittsburgh's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ampco Pittsburgh's price. Additionally, you may evaluate how the addition of Ampco Pittsburgh to your portfolios can decrease your overall portfolio volatility.
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To fully project Ampco Pittsburgh's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ampco-Pittsburgh at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Ampco Pittsburgh's income statement, its balance sheet, and the statement of cash flows.
Potential Ampco Pittsburgh investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Ampco Pittsburgh investors may work on each financial statement separately, they are all related. The changes in Ampco Pittsburgh's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ampco Pittsburgh's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.