AmerisourceBergen Financial Statements From 2010 to 2024
| ABCDelisted Stock | USD 179.98 0.95 0.53% |
Check AmerisourceBergen financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AmerisourceBergen main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . AmerisourceBergen financial statements analysis is a perfect complement when working with AmerisourceBergen Valuation or Volatility modules.
AmerisourceBergen |
AmerisourceBergen Company Current Valuation Analysis
AmerisourceBergen'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 AmerisourceBergen Current Valuation | 41.48 B |
Most of AmerisourceBergen'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, AmerisourceBergen 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.
CompetitionIn accordance with the recently published financial statements, AmerisourceBergen has a Current Valuation of 41.48 B. This is 188.82% higher than that of the Health Care Providers & Services sector and 213.13% higher than that of the Health Care industry. The current valuation for all United States stocks is 149.54% lower than that of the firm.
AmerisourceBergen Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining AmerisourceBergen's current stock value. Our valuation model uses many indicators to compare AmerisourceBergen value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across AmerisourceBergen competition to find correlations between indicators driving AmerisourceBergen's intrinsic value. More Info.AmerisourceBergen is number one stock in return on equity category among related companies. It is rated below average in return on asset category among related companies reporting about 0.01 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for AmerisourceBergen is roughly 86.54 . Comparative valuation analysis is a catch-all model that can be used if you cannot value AmerisourceBergen by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for AmerisourceBergen's Stock. 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 AmerisourceBergen's earnings, one of the primary drivers of an investment's value.About AmerisourceBergen Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include AmerisourceBergen income statement, its balance sheet, and the statement of cash flows. AmerisourceBergen investors use historical funamental indicators, such as AmerisourceBergen's revenue or net income, to determine how well the company is positioned to perform in the future. Although AmerisourceBergen investors may use each financial statement separately, they are all related. The changes in AmerisourceBergen's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on AmerisourceBergen'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. We offer a historical overview of the basic patterns found on AmerisourceBergen Financial Statements. Understanding these patterns can help to make the right decision on long term investment in AmerisourceBergen. Please read more on our technical analysis and fundamental analysis pages.
AmerisourceBergen Corporation sources and distributes pharmaceutical products. The company was incorporated in 2001 and is headquartered in Conshohocken, Pennsylvania. Amerisourcebergen operates under Medical Distribution classification in the United States and is traded on New York Stock Exchange. It employs 000 people.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AmerisourceBergen in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AmerisourceBergen's short interest history, or implied volatility extrapolated from AmerisourceBergen options trading.
Pair Trading with AmerisourceBergen
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 AmerisourceBergen 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 AmerisourceBergen will appreciate offsetting losses from the drop in the long position's value.Moving against AmerisourceBergen Stock
| 0.61 | CSCO | Cisco Systems Fiscal Quarter End 30th of April 2024 | PairCorr |
The ability to find closely correlated positions to AmerisourceBergen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AmerisourceBergen 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 AmerisourceBergen - 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 AmerisourceBergen to buy it.
The correlation of AmerisourceBergen 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 AmerisourceBergen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AmerisourceBergen 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 AmerisourceBergen 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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the AmerisourceBergen information on this page should be used as a complementary analysis to other AmerisourceBergen'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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Other Consideration for investing in AmerisourceBergen Stock
If you are still planning to invest in AmerisourceBergen check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the AmerisourceBergen's history and understand the potential risks before investing.
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