Caravelle International Group Stock Book Value Per Share
| HTCO Stock | USD 2.53 0.03 1.20% |
Caravelle International Group fundamentals help investors to digest information that contributes to Caravelle International's financial success or failures. It also enables traders to predict the movement of Caravelle Stock. The fundamental analysis module provides a way to measure Caravelle International'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 Caravelle International stock.
Caravelle | Book Value Per Share |
Caravelle International Group Company Book Value Per Share Analysis
Caravelle International'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 Caravelle International Book Value Per Share | (0.1) X |
Most of Caravelle International'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, Caravelle International Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Caravelle Book Value Per Share Driver Correlations
Understanding the fundamental principles of building solid financial models for Caravelle International is extremely important. It helps to project a fair market value of Caravelle Stock properly, considering its historical fundamentals such as Book Value Per Share. Since Caravelle International'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 Caravelle International'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 Caravelle International's interrelated accounts and indicators.
Click cells to compare fundamentals
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 |
Caravelle Common Stock Shares Outstanding
Common Stock Shares Outstanding |
|
In accordance with the recently published financial statements, the book value per share of Caravelle International Group is about -0.098 times. This is 100.24% lower than that of the Marine Transportation sector and 105.24% lower than that of the Industrials industry. The book value per share for all United States stocks is 100.01% higher than that of the company.
Caravelle Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Caravelle International'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 Caravelle International could also be used in its relative valuation, which is a method of valuing Caravelle International by comparing valuation metrics of similar companies.Caravelle International is currently under evaluation in book value per share category among its peers.
Caravelle Fundamentals
| Return On Equity | -6.65 | ||||
| Return On Asset | -0.23 | ||||
| Profit Margin | (0.07) % | ||||
| Operating Margin | 0 % | ||||
| Current Valuation | 213.67 M | ||||
| Shares Outstanding | 91.57 M | ||||
| Shares Owned By Insiders | 76.31 % | ||||
| Shares Owned By Institutions | 0.38 % | ||||
| Number Of Shares Shorted | 25.44 K | ||||
| Price To Earning | (83.33) X | ||||
| Price To Book | 9.04 X | ||||
| Price To Sales | 2.89 X | ||||
| Revenue | 80.57 M | ||||
| EBITDA | (8.66 M) | ||||
| Net Income | (570.17 K) | ||||
| Cash And Equivalents | (1.17 K) | ||||
| Total Debt | 4.15 M | ||||
| Debt To Equity | 2.86 % | ||||
| Current Ratio | 0.19 X | ||||
| Book Value Per Share | (0.1) X | ||||
| Cash Flow From Operations | (142.85 K) | ||||
| Short Ratio | 0.13 X | ||||
| Earnings Per Share | (0.11) X | ||||
| Number Of Employees | 31 | ||||
| Beta | -0.12 | ||||
| Market Capitalization | 232.59 M | ||||
| Total Asset | 8.43 M | ||||
| Retained Earnings | (4.96 M) | ||||
| Working Capital | (7.34 M) | ||||
| Current Asset | 43.26 M | ||||
| Current Liabilities | 30.37 M | ||||
| Net Asset | 8.43 M |
About Caravelle International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Caravelle International Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Caravelle International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Caravelle International Group 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 Caravelle International
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 Caravelle International 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 Caravelle International will appreciate offsetting losses from the drop in the long position's value.Moving against Caravelle Stock
| 0.92 | NMM | Navios Maritime Partners | PairCorr |
| 0.91 | GASS | StealthGas | PairCorr |
| 0.91 | GLBS | Globus Maritime | PairCorr |
| 0.9 | EDRY | EuroDry | PairCorr |
| 0.88 | SB | Safe Bulkers | PairCorr |
The ability to find closely correlated positions to Caravelle International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Caravelle International 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 Caravelle International - 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 Caravelle International Group to buy it.
The correlation of Caravelle International 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 Caravelle International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Caravelle International 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 Caravelle International 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.Check out Caravelle International Piotroski F Score and Caravelle International Altman Z Score analysis. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Caravelle International. If investors know Caravelle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Caravelle International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.11) | Revenue Per Share 1.526 | Quarterly Revenue Growth (0.30) | Return On Assets (0.23) | Return On Equity (6.65) |
The market value of Caravelle International is measured differently than its book value, which is the value of Caravelle that is recorded on the company's balance sheet. Investors also form their own opinion of Caravelle International's value that differs from its market value or its book value, called intrinsic value, which is Caravelle International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Caravelle International's market value can be influenced by many factors that don't directly affect Caravelle International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Caravelle International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Caravelle International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Caravelle International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.