Associated British Price To Sales vs. Return On Asset

ASBFF Stock  USD 28.35  0.00  0.00%   
Considering the key profitability indicators obtained from Associated British's historical financial statements, Associated British Foods may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Associated British's ability to earn profits and add value for shareholders.
For Associated British profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Associated British to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Associated British Foods utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Associated British's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Associated British Foods over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Associated British's value and its price as these two are different measures arrived at by different means. Investors typically determine if Associated British is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Associated British'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.

Associated British Foods Return On Asset vs. Price To Sales Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Associated British's current stock value. Our valuation model uses many indicators to compare Associated British value to that of its competitors to determine the firm's financial worth.
Associated British Foods is number one stock in price to sales category among its peers. It also is number one stock in return on asset category among its peers reporting about  0.05  of Return On Asset per Price To Sales. The ratio of Price To Sales to Return On Asset for Associated British Foods is roughly  21.57 . 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 Associated British's earnings, one of the primary drivers of an investment's value.

Associated Return On Asset vs. Price To Sales

Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Associated British

P/S

 = 

MV Per Share

Revenue Per Share

 = 
0.94 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Associated British

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0435
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.

Associated Return On Asset Comparison

Associated British is currently under evaluation in return on asset category among its peers.

Associated British Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Associated British, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Associated British will eventually generate negative long term returns. The profitability progress is the general direction of Associated British's change in net profit over the period of time. It can combine multiple indicators of Associated British, 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.
Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. Associated British Foods plc is a subsidiary of Wittington Investments Limited. Associated British operates under Packaged Foods classification in the United States and is traded on OTC Exchange. It employs 128000 people.

Associated Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Associated British. 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 Associated British 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 Associated British's important profitability drivers and their relationship over time.

Use Associated British 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 Associated British 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 Associated British will appreciate offsetting losses from the drop in the long position's value.

Associated British Pair Trading

Associated British Foods Pair Trading Analysis

The ability to find closely correlated positions to Associated British could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Associated British 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 Associated British - 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 Associated British Foods to buy it.
The correlation of Associated British 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 Associated British moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Associated British Foods 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 Associated British 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Associated British position

In addition to having Associated British 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.

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SPAC
SPAC Theme
Entities that are involved in raising capital, merging with and acquiring companies, and investing in private equity through leveraged buyouts. The SPAC theme has 25 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 SPAC Theme or any other thematic opportunities.
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Other Information on Investing in Associated Pink Sheet

To fully project Associated British's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Associated British Foods 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 Associated British's income statement, its balance sheet, and the statement of cash flows.
Potential Associated British investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Associated British investors may work on each financial statement separately, they are all related. The changes in Associated British's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Associated British's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.