Eratex Djaja (Indonesia) Performance
| ERTX Stock | IDR 100.00 2.00 1.96% |
The firm shows a Beta (market volatility) of 0.69, which means possible diversification benefits within a given portfolio. As returns on the market increase, Eratex Djaja's returns are expected to increase less than the market. However, during the bear market, the loss of holding Eratex Djaja is expected to be smaller as well. At this point, Eratex Djaja Tbk has a negative expected return of -0.23%. Please make sure to confirm Eratex Djaja's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Eratex Djaja Tbk performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Eratex Djaja Tbk has generated negative risk-adjusted returns adding no value to investors with long positions. Despite conflicting performance in the last few months, the Stock's forward-looking signals remain quite persistent which may send shares a bit higher in January 2025. The latest mess may also be a sign of long-standing up-swing for the company institutional investors. ...more
| Total Cashflows From Investing Activities | -2.3 M |
Eratex |
Eratex Djaja Relative Risk vs. Return Landscape
If you would invest 12,400 in Eratex Djaja Tbk on September 5, 2024 and sell it today you would lose (2,400) from holding Eratex Djaja Tbk or give up 19.35% of portfolio value over 90 days. Eratex Djaja Tbk is generating negative expected returns and assumes 5.2857% volatility on return distribution over the 90 days horizon. Simply put, 47% of stocks are less volatile than Eratex, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Eratex Djaja Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eratex Djaja's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Eratex Djaja Tbk, and traders can use it to determine the average amount a Eratex Djaja's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.043
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| Negative Returns | ERTX |
Estimated Market Risk
| 5.29 actual daily | 47 53% of assets are more volatile |
Expected Return
| -0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Eratex Djaja is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Eratex Djaja by adding Eratex Djaja to a well-diversified portfolio.
Eratex Djaja Fundamentals Growth
Eratex Stock prices reflect investors' perceptions of the future prospects and financial health of Eratex Djaja, and Eratex Djaja fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Eratex Stock performance.
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0372 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 245.77 B | |||
| Shares Outstanding | 1.29 B | |||
| Price To Sales | 3,398 X | |||
| Revenue | 93.7 M | |||
| EBITDA | 6.27 M | |||
| Cash And Equivalents | 4.31 M | |||
| Total Debt | 13.6 M | |||
| Debt To Equity | 181.50 % | |||
| Book Value Per Share | 0.02 X | |||
| Cash Flow From Operations | (1.05 M) | |||
| Earnings Per Share | 0 X | |||
| Total Asset | 72.7 M | |||
About Eratex Djaja Performance
By examining Eratex Djaja's fundamental ratios, stakeholders can obtain critical insights into Eratex Djaja's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Eratex Djaja is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
PT Eratex Djaja Tbk manufactures and sells garments in Indonesia and internationally. PT Eratex Djaja Tbk is a subsidiary of PT Buana Indah Garment. Eratex Djaja operates under Apparel Manufacturing classification in Indonesia and is traded on Jakarta Stock Exchange.Things to note about Eratex Djaja Tbk performance evaluation
Checking the ongoing alerts about Eratex Djaja for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Eratex Djaja Tbk help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Eratex Djaja Tbk generated a negative expected return over the last 90 days | |
| Eratex Djaja Tbk has high historical volatility and very poor performance | |
| Eratex Djaja Tbk has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Eratex Djaja Tbk has accumulated about 4.31 M in cash with (1.05 M) of positive cash flow from operations. | |
| Roughly 97.0% of the company shares are held by company insiders |
- Analyzing Eratex Djaja's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Eratex Djaja's stock is overvalued or undervalued compared to its peers.
- Examining Eratex Djaja's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Eratex Djaja's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Eratex Djaja's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Eratex Djaja's stock. These opinions can provide insight into Eratex Djaja's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Eratex Stock
Eratex Djaja financial ratios help investors to determine whether Eratex 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 Eratex with respect to the benefits of owning Eratex Djaja security.