Astral Foods Return On Equity vs. Cash Per Share
| ALFDF Stock | USD 7.39 0.00 0.00% |
For Astral Foods profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Astral Foods to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Astral Foods Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Astral Foods's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Astral Foods Limited over time as well as its relative position and ranking within its peers.
Astral |
Astral Foods Limited Cash Per Share vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Astral Foods's current stock value. Our valuation model uses many indicators to compare Astral Foods value to that of its competitors to determine the firm's financial worth. Astral Foods Limited is number one stock in return on equity category among its peers. It also is number one stock in cash per share category among its peers fabricating about 100.47 of Cash Per Share per Return On Equity. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Astral Foods' earnings, one of the primary drivers of an investment's value.Astral Cash Per Share vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Astral Foods |
| = | 0.24 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
Astral Foods |
| = | 23.68 X |
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.
Astral Cash Per Share Comparison
Astral Foods is currently under evaluation in cash per share category among its peers.
Astral Foods Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Astral Foods, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Astral Foods will eventually generate negative long term returns. The profitability progress is the general direction of Astral Foods' change in net profit over the period of time. It can combine multiple indicators of Astral Foods, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Astral Foods Limited operates as an integrated poultry producer in South Africa and internationally. Astral Foods Limited was founded in 2001 and is based in Centurion, South Africa. Astral Foods operates under Farm Products classification in the United States and is traded on OTC Exchange. It employs 9679 people.
Astral Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Astral Foods. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Astral Foods position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Astral Foods' important profitability drivers and their relationship over time.
Use Astral Foods in pair-trading
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 Astral Foods 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 Astral Foods will appreciate offsetting losses from the drop in the long position's value.Astral Foods Pair Trading
Astral Foods Limited Pair Trading Analysis
The ability to find closely correlated positions to Astral Foods could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Astral Foods 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 Astral Foods - 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 Astral Foods Limited to buy it.
The correlation of Astral Foods 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 Astral Foods moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Astral Foods Limited 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 Astral Foods 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.Use Investing Themes to Complement your Astral Foods position
In addition to having Astral Foods in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Monster Funds Thematic Idea Now
Monster Funds
Solid funds with above average long term performance indicators based on Macroaxis rating system. The Monster Funds theme has 33 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Monster Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Astral Pink Sheet
To fully project Astral Foods' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Astral Foods Limited at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Astral Foods' income statement, its balance sheet, and the statement of cash flows.