Voya Infrastructure Industrials Etf Fundamentals
| IDE Etf | USD 10.30 0.03 0.29% |
Voya Infrastructure Industrials fundamentals help investors to digest information that contributes to Voya Infrastructure's financial success or failures. It also enables traders to predict the movement of Voya Etf. The fundamental analysis module provides a way to measure Voya Infrastructure'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 Voya Infrastructure etf.
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Voya Infrastructure Industrials ETF Price To Earning Analysis
Voya Infrastructure's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. 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.
Current Voya Infrastructure Price To Earning | 8.15 X |
Most of Voya Infrastructure's fundamental indicators, such as Price To Earning, 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, Voya Infrastructure Industrials is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
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Based on the latest financial disclosure, Voya Infrastructure Industrials has a Price To Earning of 8.15 times. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The price to earning for all United States etfs is notably lower than that of the firm.
Voya Infrastructure Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Voya Infrastructure's current stock value. Our valuation model uses many indicators to compare Voya Infrastructure value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Voya Infrastructure competition to find correlations between indicators driving Voya Infrastructure's intrinsic value. More Info.Voya Infrastructure Industrials is rated below average in price to earning as compared to similar ETFs. It is considered the top ETF in beta as compared to similar ETFs totaling about 0.14 of Beta per Price To Earning. The ratio of Price To Earning to Beta for Voya Infrastructure Industrials is roughly 7.09 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Voya Infrastructure by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Voya Infrastructure's Etf. 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 Voya Infrastructure's earnings, one of the primary drivers of an investment's value.Voya Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Voya Infrastructure's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Voya Infrastructure could also be used in its relative valuation, which is a method of valuing Voya Infrastructure by comparing valuation metrics of similar companies.Voya Infrastructure is currently under evaluation in price to earning as compared to similar ETFs.
Voya Fundamentals
| Shares Outstanding | 16.51 M | ||||
| Shares Owned By Institutions | 27.21 % | ||||
| Number Of Shares Shorted | 18.08 K | ||||
| Price To Earning | 8.15 X | ||||
| Short Ratio | 0.32 X | ||||
| Earnings Per Share | 1.15 X | ||||
| Number Of Employees | 26 | ||||
| Beta | 1.15 | ||||
| Market Capitalization | 205.28 M | ||||
| Annual Yield | 0.02 % | ||||
| Year To Date Return | 1.05 % | ||||
| One Year Return | 9.22 % | ||||
| Three Year Return | 3.64 % | ||||
| Five Year Return | 4.44 % | ||||
| Last Dividend Paid | 0.92 |
About Voya Infrastructure Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Voya Infrastructure Industrials's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Voya Infrastructure using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Voya Infrastructure Industrials based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.Voya Infrastructure, Industrials and Materials Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. Voya Infrastructure is listed under Asset Management in the United States and is traded on New York Stock Exchange exchange.
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Try AI Portfolio ArchitectCheck out Voya Infrastructure Piotroski F Score and Voya Infrastructure Altman Z Score analysis. Note that the Voya Infrastructure information on this page should be used as a complementary analysis to other Voya Infrastructure'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 Stocks Directory module to find actively traded stocks across global markets.
The market value of Voya Infrastructure is measured differently than its book value, which is the value of Voya that is recorded on the company's balance sheet. Investors also form their own opinion of Voya Infrastructure's value that differs from its market value or its book value, called intrinsic value, which is Voya Infrastructure'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 Voya Infrastructure's market value can be influenced by many factors that don't directly affect Voya Infrastructure'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 Voya Infrastructure's value and its price as these two are different measures arrived at by different means. Investors typically determine if Voya Infrastructure is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Voya Infrastructure'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.