Antofagasta Financial Statements From 2010 to 2024
| ANFGF Stock | USD 28.14 0.33 1.19% |
Check Antofagasta PLC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Antofagasta main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Antofagasta financial statements analysis is a perfect complement when working with Antofagasta PLC Valuation or Volatility modules.
Antofagasta |
Antofagasta PLC Company Current Valuation Analysis
Antofagasta PLC'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 Antofagasta PLC Current Valuation | 18.14 B |
Most of Antofagasta PLC'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, Antofagasta PLC 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.
| Competition |
In accordance with the recently published financial statements, Antofagasta PLC has a Current Valuation of 18.14 B. This is 59.0% higher than that of the Basic Materials sector and 157.24% higher than that of the Copper industry. The current valuation for all United States stocks is 9.12% lower than that of the firm.
Antofagasta PLC Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Antofagasta PLC's current stock value. Our valuation model uses many indicators to compare Antofagasta PLC value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Antofagasta PLC competition to find correlations between indicators driving Antofagasta PLC's intrinsic value. More Info.Antofagasta PLC 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 reporting about 0.57 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Antofagasta PLC is roughly 1.77 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Antofagasta PLC by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Antofagasta PLC'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 Antofagasta PLC's earnings, one of the primary drivers of an investment's value.About Antofagasta PLC Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Antofagasta PLC income statement, its balance sheet, and the statement of cash flows. Antofagasta PLC investors use historical funamental indicators, such as Antofagasta PLC's revenue or net income, to determine how well the company is positioned to perform in the future. Although Antofagasta PLC investors may use each financial statement separately, they are all related. The changes in Antofagasta PLC's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Antofagasta PLC'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 Antofagasta PLC Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Antofagasta PLC. Please read more on our technical analysis and fundamental analysis pages.
It operates through Los Pelambres, Centinela, Antucoya, Zaldvar, Exploration and Evaluation, and Transport Division segments. Antofagasta plc is a subsidiary of Metalinvest Establishment. Antofagasta Plc operates under Copper classification in the United States and is traded on OTC Exchange. It employs 6883 people.
Pair Trading with Antofagasta PLC
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 Antofagasta PLC 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 Antofagasta PLC will appreciate offsetting losses from the drop in the long position's value.Moving together with Antofagasta Pink Sheet
| 0.77 | FCX | Freeport McMoran Copper Earnings Call Today | PairCorr |
| 0.86 | FQVLF | First Quantum Minerals Earnings Call Tomorrow | PairCorr |
| 0.76 | JIAXF | Jiangxi Copper | PairCorr |
| 0.62 | KGHPF | KGHM Polska Miedz | PairCorr |
The ability to find closely correlated positions to Antofagasta PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Antofagasta PLC 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 Antofagasta PLC - 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 Antofagasta PLC to buy it.
The correlation of Antofagasta PLC 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 Antofagasta PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Antofagasta PLC 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 Antofagasta PLC 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 the analysis of Antofagasta PLC Correlation against competitors. Note that the Antofagasta PLC information on this page should be used as a complementary analysis to other Antofagasta PLC'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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Antofagasta Pink Sheet analysis
When running Antofagasta PLC's price analysis, check to measure Antofagasta PLC'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 Antofagasta PLC is operating at the current time. Most of Antofagasta PLC's value examination focuses on studying past and present price action to predict the probability of Antofagasta PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Antofagasta PLC's price. Additionally, you may evaluate how the addition of Antofagasta PLC to your portfolios can decrease your overall portfolio volatility.
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