ASICS Financials

ASICS Stock Summary

ASICS competes with PUMA SE, Adidas AG, American Rebel, Asics Corp, and Adidas AG. ASICS Corporation manufactures and sells sports goods in Japan, the Americas, Europe, Oceania, Southeast and South Asia, and internationally. ASICS Corporation was founded in 1949 and is headquartered in Kobe, Japan. ASICS CORP operates under Footwear Accessories classification in the United States and is traded on OTC Exchange. It employs 8861 people.

ASICS Key Financial Ratios

There are many critical financial ratios that ASICS's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that ASICS reports annually and quarterly.

ASICS Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining ASICS's current stock value. Our valuation model uses many indicators to compare ASICS value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ASICS competition to find correlations between indicators driving ASICS's intrinsic value. More Info.ASICS is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about  0.44  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for ASICS is roughly  2.28 . 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 ASICS's earnings, one of the primary drivers of an investment's value.

ASICS Systematic Risk

Along with financial statement analysis, the daily predictive indicators of ASICS help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ASICS. We use our internally-developed statistical techniques to arrive at the intrinsic value of ASICS based on widely used predictive technical indicators. In general, we focus on analyzing ASICS Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ASICS's daily price indicators and compare them against related drivers.

When running ASICS's price analysis, check to measure ASICS'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 ASICS is operating at the current time. Most of ASICS's value examination focuses on studying past and present price action to predict the probability of ASICS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASICS's price. Additionally, you may evaluate how the addition of ASICS to your portfolios can decrease your overall portfolio volatility.