Joy Global Fundamental Relationships

JOY -- USA Stock  

null 28.30  0.01  0.0353%

The Drivers Module shows relationships between Joy Global's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of Joy Global over time as well as its relative position and ranking within its peers. Please also check Risk vs Return Analysis.

Joy Global Price to Earning vs. Cash and Equivalents Fundamental Analysis

Joy Global is rated below average in cash and equivalents category among related companies. It is rated below average in price to earning category among related companies .
Cash or Cash Equivalents are the most liquid of all assets found on company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Joy Global 
Cash 
 = 
Bank Deposits 
+  
Liquidities 
=
276.71 M
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually 3 months).
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investor monitor on a daily basis. Holding a low PE stock is less risky because. When a company's profitability fall, it is likely that earnings will also go down..In other words, if you start from a lower position your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Joy Global 
P/E 
 = 
Market Value Per Share 
Earnings Per Share 
=
150.53 times
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.

Joy Global Price to Earning Comparison

Joy Global is currently under evaluation in price to earning category among related companies.

Thematic Opportunities

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Revenue

Joy Global Revenue Analysis
Joy Global is rated below average in revenue category among related companies. Market size based on revenue of Power Nuclear And Heavy Engineering industry is currently estimated at about 54.23 Billion. Joy Global holds roughly 2.37 Billion in revenue claiming about 4% of equities listed under Power Nuclear And Heavy Engineering industry.