Aberforth Smaller Book Value Per Share vs. Current Valuation

ASL Stock   1,476  6.00  0.40%   
Considering Aberforth Smaller's profitability and operating efficiency indicators, Aberforth Smaller Companies 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 Aberforth Smaller's ability to earn profits and add value for shareholders.
For Aberforth Smaller profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Aberforth Smaller to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Aberforth Smaller Companies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Aberforth Smaller's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Aberforth Smaller Companies 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 Aberforth Smaller's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aberforth Smaller is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aberforth Smaller'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.

Aberforth Smaller Current Valuation vs. Book Value Per Share Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Aberforth Smaller's current stock value. Our valuation model uses many indicators to compare Aberforth Smaller value to that of its competitors to determine the firm's financial worth.
Aberforth Smaller Companies is number one stock in book value per share category among its peers. It also is the top company in current valuation category among its peers reporting about  79,813,261  of Current Valuation per Book Value Per Share. 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 Aberforth Smaller's earnings, one of the primary drivers of an investment's value.

Aberforth Current Valuation vs. Book Value Per Share

Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Aberforth Smaller

Book Value per Share

 = 

Common Equity

Average Shares

 = 
16.95 X
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
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.

Aberforth Smaller

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
1.35 B
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.

Aberforth Current Valuation vs Competition

Aberforth Smaller Companies is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Financials industry is presently estimated at about 5.35 Billion. Aberforth Smaller totals roughly 1.35 Billion in current valuation claiming about 25% of equities under Financials industry.

Aberforth Smaller Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Aberforth Smaller, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Aberforth Smaller will eventually generate negative long term returns. The profitability progress is the general direction of Aberforth Smaller's change in net profit over the period of time. It can combine multiple indicators of Aberforth Smaller, 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.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income39 M37 M
Operating Income99.1 M61.2 M
Income Before Tax99.1 M60.6 M
Net Loss-141 M-134 M
Net Income52.3 M50.5 M
Total Other Income Expense Net-4.2 M-4 M
Income Tax Expense82 K77.9 K
Net Income From Continuing Ops99 M104 M
Net Interest Income-4.1 M-3.9 M
Interest Income91 K86.5 K
Change To Netincome229.7 M241.2 M

Aberforth Profitability Driver Comparison

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

Use Aberforth Smaller 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 Aberforth Smaller 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 Aberforth Smaller will appreciate offsetting losses from the drop in the long position's value.

Aberforth Smaller Pair Trading

Aberforth Smaller Companies Pair Trading Analysis

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

In addition to having Aberforth Smaller 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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Air
Air Theme
Companies specializing in air services and air delivery. The Air theme has 43 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 Air Theme or any other thematic opportunities.
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Other Information on Investing in Aberforth Stock

To fully project Aberforth Smaller's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Aberforth Smaller 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 Aberforth Smaller's income statement, its balance sheet, and the statement of cash flows.
Potential Aberforth Smaller investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Aberforth Smaller investors may work on each financial statement separately, they are all related. The changes in Aberforth Smaller's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Aberforth Smaller'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.