C1MI34 Cash Per Share vs. Current Valuation
| C1MI34 Stock | BRL 553.50 2.94 0.53% |
For C1MI34 profitability analysis, we use financial ratios and fundamental drivers that measure the ability of C1MI34 to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well C1MI34 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between C1MI34's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of C1MI34 over time as well as its relative position and ranking within its peers.
C1MI34 |
C1MI34 Current Valuation vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining C1MI34's current stock value. Our valuation model uses many indicators to compare C1MI34 value to that of its competitors to determine the firm's financial worth. C1MI34 is rated third in cash per share category among its peers. It is rated below average in current valuation category among its peers reporting about 2,294,638,465 of Current Valuation per Cash Per Share. Comparative valuation analysis is a catch-all model that can be used if you cannot value C1MI34 by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for C1MI34's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.C1MI34 Current Valuation vs. Cash Per Share
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.
C1MI34 |
| = | 20.33 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.
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.
C1MI34 |
| = | 46.65 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.
C1MI34 Current Valuation vs Competition
C1MI34 is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Specialty Industrial Machinery industry is currently estimated at about 2.2 Trillion. C1MI34 holds roughly 46.65 Billion in current valuation claiming about 2.12% of equities listed under Specialty Industrial Machinery industry.
C1MI34 Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in C1MI34, profitability is also one of the essential criteria for including it into their portfolios because, without profit, C1MI34 will eventually generate negative long term returns. The profitability progress is the general direction of C1MI34's change in net profit over the period of time. It can combine multiple indicators of C1MI34, 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.
Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana. CUMMINS INC operates under Specialty Industrial Machinery classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 57825 people.
C1MI34 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on C1MI34. 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 C1MI34 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 C1MI34's important profitability drivers and their relationship over time.
Use C1MI34 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 C1MI34 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 C1MI34 will appreciate offsetting losses from the drop in the long position's value.C1MI34 Pair Trading
C1MI34 Pair Trading Analysis
The ability to find closely correlated positions to C1MI34 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace C1MI34 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 C1MI34 - 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 C1MI34 to buy it.
The correlation of C1MI34 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 C1MI34 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if C1MI34 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 C1MI34 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 C1MI34 position
In addition to having C1MI34 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 Rentals Thematic Idea Now
Rentals
Companies providing rental and leasing services to public and business. The Rentals theme has 37 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 Rentals Theme or any other thematic opportunities.
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Other Information on Investing in C1MI34 Stock
To fully project C1MI34's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of C1MI34 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 C1MI34's income statement, its balance sheet, and the statement of cash flows.