Ampco Pittsburgh Stock Book Value Per Share
AP Stock | USD 2.09 0.05 2.34% |
Ampco Pittsburgh fundamentals help investors to digest information that contributes to Ampco Pittsburgh's financial success or failures. It also enables traders to predict the movement of Ampco Stock. The fundamental analysis module provides a way to measure Ampco Pittsburgh'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 Ampco Pittsburgh stock.
Last Reported | Projected for Next Year | ||
Book Value Per Share | 3.65 | 3.47 | |
Tangible Book Value Per Share | 3.40 | 3.23 |
Ampco | Book Value Per Share |
Ampco Pittsburgh Company Book Value Per Share Analysis
Ampco Pittsburgh's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
Current Ampco Pittsburgh Book Value Per Share | 3.09 X |
Most of Ampco Pittsburgh's fundamental indicators, such as Book Value Per Share, 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, Ampco Pittsburgh is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Ampco Book Value Per Share Driver Correlations
Understanding the fundamental principles of building solid financial models for Ampco Pittsburgh is extremely important. It helps to project a fair market value of Ampco Stock properly, considering its historical fundamentals such as Book Value Per Share. Since Ampco Pittsburgh's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ampco Pittsburgh's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ampco Pittsburgh's interrelated accounts and indicators.
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Ampco Book Value Per Share Historical Pattern
Today, most investors in Ampco Pittsburgh Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ampco Pittsburgh's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's book value per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Ampco Pittsburgh book value per share as a starting point in their analysis.
Ampco Pittsburgh Book Value Per Share |
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The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Competition |
Ampco Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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In accordance with the recently published financial statements, the book value per share of Ampco Pittsburgh is about 3.089 times. This is 99.99% lower than that of the Metals & Mining sector and 77.94% lower than that of the Materials industry. The book value per share for all United States stocks is 99.84% higher than that of the company.
Ampco Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ampco Pittsburgh's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ampco Pittsburgh could also be used in its relative valuation, which is a method of valuing Ampco Pittsburgh by comparing valuation metrics of similar companies.Ampco Pittsburgh is currently under evaluation in book value per share category among its peers.
Ampco Pittsburgh ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Ampco Pittsburgh's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Ampco Pittsburgh's managers, analysts, and investors.Environmental | Governance | Social |
Ampco Fundamentals
Return On Equity | -0.43 | ||||
Return On Asset | 0.0126 | ||||
Profit Margin | (0.1) % | ||||
Operating Margin | 0.06 % | ||||
Current Valuation | 167.28 M | ||||
Shares Outstanding | 20.09 M | ||||
Shares Owned By Insiders | 25.82 % | ||||
Shares Owned By Institutions | 43.35 % | ||||
Number Of Shares Shorted | 702.3 K | ||||
Price To Earning | 5.91 X | ||||
Price To Book | 0.72 X | ||||
Price To Sales | 0.1 X | ||||
Revenue | 422.34 M | ||||
Gross Profit | 62.19 M | ||||
EBITDA | (12.23 M) | ||||
Net Income | (39.93 M) | ||||
Cash And Equivalents | 8.73 M | ||||
Cash Per Share | 0.38 X | ||||
Total Debt | 133.42 M | ||||
Debt To Equity | 1.12 % | ||||
Current Ratio | 1.67 X | ||||
Book Value Per Share | 3.09 X | ||||
Cash Flow From Operations | (3.69 M) | ||||
Short Ratio | 17.39 X | ||||
Earnings Per Share | (2.27) X | ||||
Target Price | 5.0 | ||||
Number Of Employees | 1.7 K | ||||
Beta | 0.87 | ||||
Market Capitalization | 43 M | ||||
Total Asset | 565.65 M | ||||
Retained Earnings | (73 M) | ||||
Working Capital | 119.77 M | ||||
Current Asset | 219.68 M | ||||
Current Liabilities | 81.33 M | ||||
Five Year Return | 3.69 % | ||||
Net Asset | 565.65 M |
About Ampco Pittsburgh Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ampco Pittsburgh's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ampco Pittsburgh using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ampco Pittsburgh 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 Ampco Pittsburgh
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 Ampco Pittsburgh 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 Ampco Pittsburgh will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Ampco Pittsburgh could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ampco Pittsburgh 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 Ampco Pittsburgh - 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 Ampco Pittsburgh to buy it.
The correlation of Ampco Pittsburgh 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 Ampco Pittsburgh moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ampco Pittsburgh 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 Ampco Pittsburgh 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.Additional Tools for Ampco Stock Analysis
When running Ampco Pittsburgh's price analysis, check to measure Ampco Pittsburgh'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 Ampco Pittsburgh is operating at the current time. Most of Ampco Pittsburgh's value examination focuses on studying past and present price action to predict the probability of Ampco Pittsburgh's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ampco Pittsburgh's price. Additionally, you may evaluate how the addition of Ampco Pittsburgh to your portfolios can decrease your overall portfolio volatility.