Philex Mining Corp Stock Net Income

PX Stock   3.97  0.24  6.43%   
Philex Mining Corp fundamentals help investors to digest information that contributes to Philex Mining's financial success or failures. It also enables traders to predict the movement of Philex Stock. The fundamental analysis module provides a way to measure Philex Mining'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 Philex Mining stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Philex Mining Corp Company Net Income Analysis

Philex Mining's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Philex Mining Net Income

    
  2.8 B  
Most of Philex Mining's fundamental indicators, such as Net Income, 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, Philex Mining Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Based on the recorded statements, Philex Mining Corp reported net income of 2.8 B. This is 23362.8% lower than that of the Basic Materials sector and significantly higher than that of the Metals & Mining industry. The net income for all Philippines stocks is significantly lower than that of the firm.

Philex Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Philex Mining's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Philex Mining could also be used in its relative valuation, which is a method of valuing Philex Mining by comparing valuation metrics of similar companies.
Philex Mining is regarded third in net income category among its peers.

Philex Fundamentals

About Philex Mining Fundamental Analysis

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

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 Philex Stock

Philex Mining financial ratios help investors to determine whether Philex 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 Philex with respect to the benefits of owning Philex Mining security.