Asia Pacific Wire Stock Today
| APWC Stock | USD 1.35 0.02 1.46% |
Performance0 of 100
| Odds Of DistressLess than 3
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Asia Pacific is trading at 1.35 as of the 19th of April 2024, a -1.46 percent decrease since the beginning of the trading day. The stock's open price was 1.37. Asia Pacific has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Asia Pacific Wire are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of April 2022 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 26th of March 1997 | Category Industrials |
Asia Pacific Wire Cable Corporation Limited, through its subsidiaries, manufactures and distributes enameled wire, power cable, and telecommunications products in Thailand, Singapore, Australia, the Peoples Republic of China, Hong Kong, and other markets in the Asia Pacific region. The company has 20.62 M outstanding shares of which 2.12 K shares are presently shorted by private and institutional investors with about 0.3 trading days to cover. More on Asia Pacific Wire
Moving against Asia Stock
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Follow Valuation Profit Patterns Odds of Bankruptcy
Report 25th of April 2024
Asia Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Asia Pacific's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Asia Pacific or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Michael Lee | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Steel Works Etc (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Electrical Components & Equipment, Electrical Equipment & Parts, Industrials, NASDAQ Composite, NASDAQ Composite Total, Steel Works Etc, Industrials, Electrical Equipment, Electrical Equipment & Parts, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Asia Pacific's historical financial statements, Asia Pacific Wire is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in May. Financial strength of Asia Pacific Wire is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Asia Pacific's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Asia Pacific's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Asia Pacific's financial leverage. It provides some insight into what part of Asia Pacific's total assets is financed by creditors.
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Asia Pacific Wire (APWC) is traded on NASDAQ Exchange in USA. It is located in No. 77, Dunhua South Road, Taipei, Taiwan, 106 and employs 1,207 people. Asia Pacific is listed under Electrical Components & Equipment category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 28.24 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Asia Pacific's market, we take the total number of its shares issued and multiply it by Asia Pacific's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Asia Pacific Wire conducts business under Electrical Equipment sector and is part of Industrials industry. The entity has 20.62 M outstanding shares of which 2.12 K shares are presently shorted by private and institutional investors with about 0.3 trading days to cover.
Asia Pacific Wire currently holds about 45.03 M in cash with (13.12 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.25, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Asia Pacific Probability Of Bankruptcy
Ownership AllocationAsia Pacific Wire retains a total of 20.62 Million outstanding shares. Asia Pacific Wire shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 80.95 percent of Asia Pacific Wire outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Asia Ownership Details
Asia Stock Price Odds Analysis
What are Asia Pacific's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Asia Pacific jumping above the current price in 90 days from now is about 58.55%. The Asia Pacific Wire probability density function shows the probability of Asia Pacific stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Asia Pacific has a beta of 0.8422. This suggests as returns on the market go up, Asia Pacific average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Asia Pacific Wire will be expected to be much smaller as well. Additionally, asia Pacific Wire has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Asia Pacific to move above the current price in 90 days from now is about 58.55 (This Asia Pacific Wire probability density function shows the probability of Asia Stock to fall within a particular range of prices over 90 days) .
Asia Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Asia Pacific that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Asia Pacific's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Asia Pacific's value.| Instituion | Recorded On | Shares | |
| Geode Capital Management, Llc | 2023-12-31 | 107.6 K | |
| Renaissance Technologies Corp | 2023-12-31 | 72.4 K | |
| Susquehanna International Group, Llp | 2023-12-31 | 12.9 K | |
| Rbf Llc | 2023-12-31 | 12.6 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 350 | |
| Tower Research Capital Llc | 2023-12-31 | 78.0 | |
| Ubs Group Ag | 2023-09-30 | 0.0 | |
| Hrt Financial Llc | 2023-09-30 | 0.0 |
Asia Pacific Historical Income Statement
Asia Pacific Wire Income Statement is one of the three primary financial statements used for reporting Asia's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Asia Pacific Wire revenue and expense. Asia Pacific Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Asia Pacific's Gross Profit is projected to decrease significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 6.9 M, whereas Depreciation And Amortization is projected to grow to (557.6 K). View More FundamentalsAsia Stock Against Markets
Picking the right benchmark for Asia Pacific stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Asia Pacific stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Asia Pacific is critical whether you are bullish or bearish towards Asia Pacific Wire at a given time. Please also check how Asia Pacific's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Asia Pacific without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Asia Pacific Corporate Directors
Asia Pacific corporate directors refer to members of an Asia Pacific board of directors. The board of directors generally takes responsibility for the Asia Pacific's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Asia Pacific's board members must vote for the resolution. The Asia Pacific board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Yichin Lee | Independent Director | Profile | |
| Anson Chan | Independent Director | Profile | |
| Lambert Ding | Independent Director | Profile | |
| Fang Cheng | Director | Profile |
How to buy Asia Stock?
Before investing in Asia Pacific, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Asia Pacific. To buy Asia Pacific stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Asia Pacific. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Asia Pacific stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Asia Pacific Wire stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Asia Pacific Wire stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Asia Pacific Wire, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Asia Stock please use our How to Invest in Asia Pacific guide.
Already Invested in Asia Pacific Wire?
The danger of trading Asia Pacific Wire is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Asia Pacific is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Asia Pacific. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Asia Pacific Wire is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Asia Pacific Wire offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Asia Pacific's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Asia Pacific Wire Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Asia Pacific Wire Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asia Pacific Wire. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Asia Stock analysis
When running Asia Pacific's price analysis, check to measure Asia Pacific'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 Asia Pacific is operating at the current time. Most of Asia Pacific's value examination focuses on studying past and present price action to predict the probability of Asia Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asia Pacific's price. Additionally, you may evaluate how the addition of Asia Pacific to your portfolios can decrease your overall portfolio volatility.
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Is Asia Pacific'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 Asia Pacific. If investors know Asia 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 Asia Pacific 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 0.172 | Earnings Share 0.21 | Revenue Per Share 20.243 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0067 |
The market value of Asia Pacific Wire is measured differently than its book value, which is the value of Asia that is recorded on the company's balance sheet. Investors also form their own opinion of Asia Pacific's value that differs from its market value or its book value, called intrinsic value, which is Asia Pacific'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 Asia Pacific's market value can be influenced by many factors that don't directly affect Asia Pacific'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 Asia Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asia Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asia Pacific'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.