Conair Stock Fundamentals

CNGA Stock  USD 0.40  0.05  11.11%   
Conair fundamentals help investors to digest information that contributes to Conair's financial success or failures. It also enables traders to predict the movement of Conair Pink Sheet. The fundamental analysis module provides a way to measure Conair'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 Conair 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.

Conair Company Cash Per Share Analysis

Conair'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.

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Current Conair Cash Per Share

    
  199.50 X  
Most of Conair'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, Conair 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, Conair has a Cash Per Share of 199 times. This is much higher than that of the Industrials sector and significantly higher than that of the Specialty Industrial Machinery industry. The cash per share for all United States stocks is notably lower than that of the firm.

Conair Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Conair's current stock value. Our valuation model uses many indicators to compare Conair value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Conair competition to find correlations between indicators driving Conair's intrinsic value. More Info.
Conair is rated second in current valuation category among its peers. It is number one stock in net income category among its peers making up about  0.35  of Net Income per Current Valuation. The ratio of Current Valuation to Net Income for Conair is roughly  2.83 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Conair by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Conair's Pink Sheet. 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.

Conair Cash Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Conair'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 Conair could also be used in its relative valuation, which is a method of valuing Conair by comparing valuation metrics of similar companies.
Conair is currently under evaluation in cash per share category among its peers.

Conair Fundamentals

About Conair Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Conair's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Conair using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Conair 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.
Conair Corporation engages in the installation and servicing of commercial air conditioning, heating, refrigeration, and ventilation systems. The company was founded in 1963 and is based in Garden City Park, New York. CONAIR CORP operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange.

Also Currently Popular

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.

Other Information on Investing in Conair Pink Sheet

Conair financial ratios help investors to determine whether Conair Pink Sheet 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 Conair with respect to the benefits of owning Conair security.