Al Ghazi Tractors Stock Fundamentals
| AGTL Stock | 544.22 4.36 0.81% |
Al Ghazi Tractors fundamentals help investors to digest information that contributes to Al Ghazi's financial success or failures. It also enables traders to predict the movement of AGTL Stock. The fundamental analysis module provides a way to measure Al Ghazi'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 Al Ghazi stock.
AGTL |
Al Ghazi Tractors Company Total Asset Analysis
Al Ghazi's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current Al Ghazi Total Asset | 9.49 B |
Most of Al Ghazi's fundamental indicators, such as Total Asset, 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, Al Ghazi Tractors is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
| Competition |
Based on the latest financial disclosure, Al Ghazi Tractors has a Total Asset of 9.49 B. This is much higher than that of the sector and significantly higher than that of the Machinery industry. The total asset for all Pakistan stocks is notably lower than that of the firm.
Al Ghazi Tractors Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Al Ghazi's current stock value. Our valuation model uses many indicators to compare Al Ghazi value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Al Ghazi competition to find correlations between indicators driving Al Ghazi's intrinsic value. More Info.Al Ghazi Tractors is the top company in revenue category among its peers. It also is number one stock in ebitda category among its peers totaling about 0.21 of EBITDA per Revenue. The ratio of Revenue to EBITDA for Al Ghazi Tractors is roughly 4.83 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Al Ghazi by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Al Ghazi'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.Did you try this?
Run Equity Forecasting Now
Equity ForecastingUse basic forecasting models to generate price predictions and determine price momentum |
| All Next | Launch Module |
AGTL Fundamentals
| Revenue | 20.58 B | |||
| EBITDA | 4.26 B | |||
| Net Income | 2.96 B | |||
| Cash Flow From Operations | 4.63 B | |||
| Total Asset | 9.49 B | |||
| Z Score | 2.0 | |||
| Net Asset | 9.49 B |
About Al Ghazi Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Al Ghazi Tractors's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Al Ghazi using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Al Ghazi Tractors based on its fundamental data. In general, a quantitative approach, as applied to this company, 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.
Pair Trading with Al Ghazi
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 Al Ghazi 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 Al Ghazi will appreciate offsetting losses from the drop in the long position's value.Moving together with AGTL Stock
Moving against AGTL Stock
The ability to find closely correlated positions to Al Ghazi could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Al Ghazi 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 Al Ghazi - 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 Al Ghazi Tractors to buy it.
The correlation of Al Ghazi 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 Al Ghazi moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Al Ghazi Tractors 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 Al Ghazi 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.Other Information on Investing in AGTL Stock
Al Ghazi financial ratios help investors to determine whether AGTL Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in AGTL with respect to the benefits of owning Al Ghazi security.