Alector Net Worth
Alector Net Worth Breakdown | ALEC |
Alector Net Worth Analysis
Alector's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Alector's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Alector's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Alector's net worth analysis. One common approach is to calculate Alector's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Alector's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Alector's net worth. This approach calculates the present value of Alector's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Alector's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Alector's net worth. This involves comparing Alector's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Alector's net worth relative to its peers.
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To determine if Alector is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Alector's net worth research are outlined below:
| Alector generated a negative expected return over the last 90 days | |
| Alector has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 97.06 M. Net Loss for the year was (130.39 M) with loss before overhead, payroll, taxes, and interest of (76.8 M). | |
| Alector currently holds about 808.85 M in cash with (184.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.8, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Alector has a frail financial position based on the latest SEC disclosures | |
| Over 79.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from simplywall.st: Shareholders in Alector have lost 75, as stock drops 12 percent this past week |
Alector uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Alector. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Alector's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Know Alector's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Alector is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Alector backward and forwards among themselves. Alector's institutional investor refers to the entity that pools money to purchase Alector's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | T. Rowe Price Associates, Inc. | 2023-12-31 | 1.2 M | Deerfield Management Co | 2023-09-30 | 1.1 M | Franklin Resources Inc | 2023-12-31 | 959.5 K | Jacobs Levy Equity Management, Inc. | 2023-09-30 | 778.1 K | Dimensional Fund Advisors, Inc. | 2023-12-31 | 764.4 K | Point72 Asset Management, L.p. | 2023-09-30 | 738.8 K | Northern Trust Corp | 2023-12-31 | 614.6 K | Dafna Capital Management Llc | 2023-12-31 | 609.9 K | Renaissance Technologies Corp | 2023-12-31 | 572 K | Fmr Inc | 2023-12-31 | 12.6 M | Blackrock Inc | 2023-12-31 | 8.1 M |
Follow Alector's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 506.98 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Alector's market, we take the total number of its shares issued and multiply it by Alector's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Project Alector's profitablity
Alector's profitability indicators refer to fundamental financial ratios that showcase Alector's ability to generate income relative to its revenue or operating costs. If, let's say, Alector is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Alector's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Alector's profitability requires more research than a typical breakdown of Alector's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.21) | (0.22) | |
| Return On Capital Employed | (0.34) | (0.36) | |
| Return On Assets | (0.21) | (0.22) | |
| Return On Equity | (0.97) | (0.92) |
When accessing Alector's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Alector's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Alector's profitability and make more informed investment decisions.
The data published in Alector's official financial statements usually reflect Alector's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Alector. For example, before you start analyzing numbers published by Alector accountants, it's critical to develop an understanding of what Alector's liquidity, profitability, and earnings quality are in the context of the Biotechnology space in which it operates.
Please note, the presentation of Alector's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Alector's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Alector's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Alector. Please utilize our Beneish M Score to check the likelihood of Alector's management manipulating its earnings.
Evaluate Alector's management efficiency
Alector has return on total asset (ROA) of (0.1346) % which means that it has lost $0.1346 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.7481) %, meaning that it created substantial loss on money invested by shareholders. Alector's management efficiency ratios could be used to measure how well Alector manages its routine affairs as well as how well it operates its assets and liabilities. As of May 1, 2024, Return On Tangible Assets is expected to decline to -0.22. In addition to that, Return On Capital Employed is expected to decline to -0.36. At present, Alector's Other Current Assets are projected to increase significantly based on the last few years of reporting.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.60 | 1.16 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 1.60 | 1.16 | |
| Enterprise Value Over EBITDA | (4.43) | (4.65) | |
| Price Book Value Ratio | 4.98 | 5.23 | |
| Enterprise Value Multiple | (4.43) | (4.65) | |
| Price Fair Value | 4.98 | 5.23 | |
| Enterprise Value | 632.6 M | 1.1 B |
The analysis of Alector's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Alector's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Alector Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Enterprise Value Revenue 0.6848 | Revenue 97.1 M | Quarterly Revenue Growth 0.052 | Revenue Per Share 1.159 | Return On Equity (0.75) |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Alector insiders, such as employees or executives, is commonly permitted as long as it does not rely on Alector's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Alector insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Alector Corporate Filings
| 25th of April 2024 Other Reports | ViewVerify | |
8K | 21st of March 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 5th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 13th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
Alector Earnings per Share Projection vs Actual
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Our tools can tell you how much better you can do entering a position in Alector without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Analyst AdviceAnalyst recommendations and target price estimates broken down by several categories |
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Alector Corporate Directors
Alector corporate directors refer to members of an Alector board of directors. The board of directors generally takes responsibility for the Alector's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Alector's board members must vote for the resolution. The Alector board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Richard Scheller | Independent Director | Profile | |
| Carl Gordon | Independent Director | Profile | |
| Terry McGuire | Independent Director | Profile | |
| Kristine Yaffe | Director | Profile |
How to buy Alector Stock?
The net worth of Alector is the difference between its total assets and liabilities. Alector's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Alector's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Alector's net worth can be used as a measure of its financial health and stability which can help investors to decide if Alector is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Alector stock.Already Invested in Alector?
The danger of trading Alector is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Alector is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Alector. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Alector is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Alector offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alector's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alector Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alector Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alector. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For information on how to trade Alector Stock refer to our How to Trade Alector Stock guide.Note that the Alector information on this page should be used as a complementary analysis to other Alector'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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Alector Stock analysis
When running Alector's price analysis, check to measure Alector'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 Alector is operating at the current time. Most of Alector's value examination focuses on studying past and present price action to predict the probability of Alector's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alector's price. Additionally, you may evaluate how the addition of Alector to your portfolios can decrease your overall portfolio volatility.
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Is Alector's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alector. If investors know Alector will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alector listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.86) | Earnings Share (1.56) | Revenue Per Share 1.159 | Quarterly Revenue Growth 0.052 | Return On Assets (0.13) |
The market value of Alector is measured differently than its book value, which is the value of Alector that is recorded on the company's balance sheet. Investors also form their own opinion of Alector's value that differs from its market value or its book value, called intrinsic value, which is Alector'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 Alector's market value can be influenced by many factors that don't directly affect Alector'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 Alector's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alector is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alector'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.