Anixter Financial Statements From 2010 to 2024
Anixter International financial statements provide useful quarterly and yearly information to potential Anixter International investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Anixter International financial statements helps investors assess Anixter International's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Anixter International's valuation are summarized below:Anixter International does not presently have any fundamental signals for analysis.
This module can also supplement various Anixter International Technical models . 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 interest.
Check Anixter International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Anixter main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Anixter financial statements analysis is a perfect complement when working with Anixter International Valuation or Volatility modules.
Anixter |
Anixter International Company Current Valuation Analysis
Anixter International'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 Anixter International Current Valuation | 4.55 B |
Most of Anixter International'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, Anixter International 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.
CompetitionIn accordance with the recently published financial statements, Anixter International has a Current Valuation of 4.55 B. This is 37.52% lower than that of the Industrials sector and 5.97% higher than that of the Industrial Distribution industry. The current valuation for all United States stocks is 72.63% higher than that of the company.
Anixter International Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Anixter International's current stock value. Our valuation model uses many indicators to compare Anixter International value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Anixter International competition to find correlations between indicators driving Anixter International's intrinsic value. More Info.Anixter International 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 0.33 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Anixter International is roughly 3.00 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Anixter International by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Anixter International's Stock. 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 Anixter International's earnings, one of the primary drivers of an investment's value.Pair Trading with Anixter International
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 Anixter International 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 Anixter International will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Sunoco LP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sunoco LP 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 Sunoco LP - 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 Sunoco LP to buy it.
The correlation of Sunoco LP 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 Sunoco LP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sunoco LP 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 Sunoco LP 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 interest. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Other Consideration for investing in Anixter Stock
If you are still planning to invest in Anixter International 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 Anixter International's history and understand the potential risks before investing.
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