Esac Old Stock Book Value Per Share
| ESACDelisted Stock | USD 6.97 0.49 6.57% |
ESAC Old fundamentals help investors to digest information that contributes to ESAC Old's financial success or failures. It also enables traders to predict the movement of ESAC Stock. The fundamental analysis module provides a way to measure ESAC Old'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 ESAC Old stock.
ESAC |
ESAC Old Company Book Value Per Share Analysis
ESAC Old's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
Current ESAC Old Book Value Per Share | (0.79) X |
Most of ESAC Old's fundamental indicators, such as Book Value Per Share, 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, ESAC Old is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
CompetitionIn accordance with the recently published financial statements, the book value per share of ESAC Old is about -0.791 times. This is 100.96% lower than that of the Capital Markets sector and significantly lower than that of the Financials industry. The book value per share for all United States stocks is 100.04% higher than that of the company.
ESAC Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ESAC Old's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ESAC Old could also be used in its relative valuation, which is a method of valuing ESAC Old by comparing valuation metrics of similar companies.ESAC Old is currently under evaluation in book value per share category among related companies.
ESAC Fundamentals
| Return On Asset | -0.0213 | |||
| Current Valuation | 49.74 M | |||
| Shares Outstanding | 5.69 M | |||
| Shares Owned By Insiders | 13.99 % | |||
| Shares Owned By Institutions | 3.28 % | |||
| Number Of Shares Shorted | 10.54 K | |||
| Price To Book | 1.97 X | |||
| EBITDA | (16.01 M) | |||
| Net Income | 471.55 K | |||
| Cash And Equivalents | 947.48 K | |||
| Cash Per Share | 0.03 X | |||
| Total Debt | 171.35 K | |||
| Current Ratio | 3.09 X | |||
| Book Value Per Share | (0.79) X | |||
| Cash Flow From Operations | 4.89 M | |||
| Short Ratio | 0.25 X | |||
| Earnings Per Share | (0.94) X | |||
| Beta | 0.013 | |||
| Market Capitalization | 48.59 M | |||
| Total Asset | 286.15 M | |||
| Retained Earnings | (11.99 M) | |||
| Working Capital | (1.54 M) | |||
| Net Asset | 286.15 M |
About ESAC Old Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ESAC Old's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ESAC Old using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ESAC Old based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with ESAC Old
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 ESAC Old 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 ESAC Old will appreciate offsetting losses from the drop in the long position's value.Moving together with ESAC Stock
| 0.75 | TLKMF | Telkom Indonesia Tbk | PairCorr |
| 0.68 | TLK | Telkom Indonesia Tbk Financial Report 26th of April 2024 | PairCorr |
Moving against ESAC Stock
| 0.63 | AA | Alcoa Corp Financial Report 17th of July 2024 | PairCorr |
| 0.6 | GE | GE Aerospace Earnings Call This Week | PairCorr |
| 0.58 | XOM | Exxon Mobil Corp Earnings Call This Week | PairCorr |
| 0.5 | MMM | 3M Company Report 23rd of April 2024 | PairCorr |
| 0.46 | CVX | Chevron Corp Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to ESAC Old could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ESAC Old 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 ESAC Old - 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 ESAC Old to buy it.
The correlation of ESAC Old 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 ESAC Old moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ESAC Old 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 ESAC Old 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 Investing Opportunities 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 nation. Note that the ESAC Old information on this page should be used as a complementary analysis to other ESAC Old'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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Other Consideration for investing in ESAC Stock
If you are still planning to invest in ESAC Old 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 ESAC Old's history and understand the potential risks before investing.
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