Ashtead Gro Stock Cash Per Share

ASHTY Stock  USD 279.00  44.91  13.86%   
Ashtead Gro fundamentals help investors to digest information that contributes to Ashtead Gro's financial success or failures. It also enables traders to predict the movement of Ashtead Pink Sheet. The fundamental analysis module provides a way to measure Ashtead Gro'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 Ashtead Gro pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Ashtead Gro Company Cash Per Share Analysis

Ashtead Gro's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Cash Per Share

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Total Cash

Average Shares

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Current Ashtead Gro Cash Per Share

    
  0.25 X  
Most of Ashtead Gro's fundamental indicators, such as Cash 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, Ashtead Gro is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Competition

In accordance with the recently published financial statements, Ashtead Gro has a Cash Per Share of 0.25 times. This is 91.35% lower than that of the Industrials sector and 96.55% lower than that of the Rental & Leasing Services industry. The cash per share for all United States stocks is 95.01% higher than that of the company.

Ashtead Cash Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ashtead Gro's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Ashtead Gro could also be used in its relative valuation, which is a method of valuing Ashtead Gro by comparing valuation metrics of similar companies.
Ashtead Gro is rated fourth in cash per share category among its peers.

Ashtead Fundamentals

About Ashtead Gro Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ashtead Gro's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ashtead Gro using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ashtead Gro 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.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Ashtead Pink Sheet Analysis

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