Atlas Iron Limited Stock Fundamentals
Atlas Iron Limited fundamentals help investors to digest information that contributes to Atlas Iron's financial success or failures. It also enables traders to predict the movement of Atlas Pink Sheet. The fundamental analysis module provides a way to measure Atlas Iron's 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 Atlas Iron pink sheet.
Atlas |
Atlas Iron Limited Company Shares Outstanding Analysis
Atlas Iron's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Atlas Iron Shares Outstanding | 9.28 B |
Most of Atlas Iron's fundamental indicators, such as Shares Outstanding, 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, Atlas Iron Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
CompetitionBased on the latest financial disclosure, Atlas Iron Limited has 9.28 B of shares currently outstending. This is much higher than that of the Basic Materials sector and significantly higher than that of the Steel industry. The shares outstanding for all United States stocks is significantly lower than that of the firm.
Atlas Iron Limited Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Atlas Iron's current stock value. Our valuation model uses many indicators to compare Atlas Iron value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Atlas Iron competition to find correlations between indicators driving Atlas Iron's intrinsic value. More Info.Atlas Iron Limited is number one stock in return on equity category among related companies. It is number one stock in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Atlas Iron by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Atlas Iron's Pink Sheet. 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 Atlas Iron's earnings, one of the primary drivers of an investment's value.Atlas Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Atlas Iron's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Atlas Iron could also be used in its relative valuation, which is a method of valuing Atlas Iron by comparing valuation metrics of similar companies.Atlas Iron is currently under evaluation in shares outstanding category among related companies.
Atlas Fundamentals
| Return On Equity | -69.69 | |||
| Return On Asset | -13.59 | |||
| Profit Margin | (30.52) % | |||
| Current Valuation | 278.39 M | |||
| Shares Outstanding | 9.28 B | |||
| Price To Earning | 17.82 X | |||
| Price To Book | 2.50 X | |||
| Price To Sales | 2.98 X | |||
| Revenue | 404.16 M | |||
| Gross Profit | (27.72 M) | |||
| EBITDA | 18.37 M | |||
| Net Income | (123.36 M) | |||
| Cash And Equivalents | 42.33 M | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 63.84 M | |||
| Debt To Equity | 55.20 % | |||
| Current Ratio | 1.20 X | |||
| Book Value Per Share | 0.06 X | |||
| Cash Flow From Operations | (2.01 M) | |||
| Earnings Per Share | (0.06) X | |||
| Number Of Employees | 300 | |||
| Beta | 10.95 | |||
| Market Capitalization | 1.39 B | |||
| Total Asset | 633 M | |||
| Retained Earnings | (1.97 B) | |||
| Working Capital | 68 M | |||
| Current Asset | 149 M | |||
| Current Liabilities | 81 M | |||
| Z Score | 8.4 |
Pair Trading with Atlas Iron
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 Atlas Iron 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 Atlas Iron will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Perrigo Company could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Perrigo Company 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 Perrigo Company - 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 Perrigo Company PLC to buy it.
The correlation of Perrigo Company 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 Perrigo Company moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Perrigo Company 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 Perrigo Company 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 unemployment. Note that the Atlas Iron Limited information on this page should be used as a complementary analysis to other Atlas Iron'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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
Other Consideration for investing in Atlas Pink Sheet
If you are still planning to invest in Atlas Iron Limited 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 Atlas Iron's history and understand the potential risks before investing.
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