5G Industrial Data Terminal Market Research Analysis - Comark, Sumitomo Electric, Huawei, H3C - Benzinga
| SMTOY Stock | USD 18.74 0.16 0.85% |
Slightly above 61% of Sumitomo Electric's investor base is looking to short. The analysis of overall sentiment of trading Sumitomo Electric Industries pink sheet suggests that many investors are alarmed at this time. Sumitomo Electric's investing sentiment can be driven by a variety of factors including economic data, Sumitomo Electric's earnings reports, geopolitical events, and overall market trends.
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5G Industrial Data Terminal Market Research Analysis - Comark, Sumitomo Electric, Huawei, H3C Benzinga
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Sumitomo Electric Fundamental Analysis
We analyze Sumitomo Electric's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sumitomo Electric using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sumitomo Electric 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.
Current Valuation
Current Valuation Comparative Analysis
Sumitomo Electric is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Sumitomo Electric Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Sumitomo Electric pink sheet to make a market-neutral strategy. Peer analysis of Sumitomo Electric could also be used in its relative valuation, which is a method of valuing Sumitomo Electric by comparing valuation metrics with similar companies.
Peers
Sumitomo Electric Related Equities
| INVZ | Innoviz Technologies | 25.81 | ||||
| LIDR | Aeye | 12.50 | ||||
| MBLY | Mobileye Global | 7.37 | ||||
| QS | Quantumscape Corp | 1.64 | ||||
| MLR | Miller Industries | 0.42 | ||||
| MNRO | Monro Muffler | 0.23 | ||||
| APTV | Aptiv PLC | 0.05 | ||||
| LAZR | Luminar Technologies | 0.00 | ||||
| DORM | Dorman Products | 0.23 | ||||
| GNTX | Gentex | 0.85 | ||||
| MGA | Magna International | 1.24 | ||||
| ALSN | Allison Transmission | 1.69 | ||||
| AEVA | Aeva Technologies | 2.07 | ||||
| LKQ | LKQ | 2.26 | ||||
| LEA | Lear | 2.86 | ||||
| CVGI | Commercial Vehicle | 3.56 | ||||
| AXL | American Axle | 3.63 | ||||
| ADNT | Adient PLC | 7.12 | ||||
| HSAI | Hesai Group | 9.35 |
Additional Tools for Sumitomo Pink Sheet Analysis
When running Sumitomo Electric's price analysis, check to measure Sumitomo Electric'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 Sumitomo Electric is operating at the current time. Most of Sumitomo Electric's value examination focuses on studying past and present price action to predict the probability of Sumitomo Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sumitomo Electric's price. Additionally, you may evaluate how the addition of Sumitomo Electric to your portfolios can decrease your overall portfolio volatility.