Principal Exchange Valuation
| IG Etf | USD 20.82 0.03 0.14% |
At this time, the etf appears to be fairly valued. Principal Exchange holds a recent Real Value of $20.72 per share. The prevailing price of the etf is $20.82. Our model determines the value of Principal Exchange from analyzing the etf fundamentals such as Return On Asset of 1.88, shares owned by insiders of 58.47 %, and Current Valuation of 357.34 M as well as examining its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that Principal Exchange's price fluctuation is very steady at this time. Calculation of the real value of Principal Exchange is based on 3 months time horizon. Increasing Principal Exchange's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Principal etf is determined by what a typical buyer is willing to pay for full or partial control of Principal Exchange Traded Funds. Since Principal Exchange is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Principal Etf. However, Principal Exchange's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 20.82 | Real 20.72 | Hype 20.82 | Naive 20.91 |
The real value of Principal Etf, also known as its intrinsic value, is the underlying worth of Principal Exchange ETF, which is reflected in its stock price. It is based on Principal Exchange's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Principal Exchange's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of Principal Exchange Traded Funds helps investors to forecast how Principal etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Principal Exchange more accurately as focusing exclusively on Principal Exchange's fundamentals will not take into account other important factors: Principal Exchange Total Value Analysis
Principal Exchange Traded Funds is currently forecasted to have takeover value of 357.34 M with market capitalization of 400.18 M, debt of 106.88 M, and cash on hands of 150.22 M. Please note that takeover value may be misleading and is a subject to accounting mistakes. We encourage investors to methodically examine all of the Principal Exchange fundamentals before making investment evaluation based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
357.34 M | 400.18 M | 106.88 M | 150.22 M |
Principal Exchange Investor Information
Principal Exchange is is formed as Regulated Investment Company in the United States. ETF is managed and operated by Principal Global Investors, LLC. The fund has 207 constituents with avarage daily trading value of 13.9 K. The fund charges 0.19 percent management fee with a total expences of 0.19 percent of total asset. The fund retains about 16.18% of assets under management (AUM) in fixed income securities. Principal Exchange last dividend was 0.065 per share. Based on the measurements of operating efficiency obtained from Principal Exchange's historical financial statements, Principal Exchange Traded Funds is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in March.Principal Exchange Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Principal Exchange has an asset utilization ratio of 219.62 percent. This implies that the ETF is making $2.2 for each dollar of assets. An increasing asset utilization means that Principal Exchange Traded Funds is more efficient with each dollar of assets it utilizes for everyday operations.Principal Exchange Ownership Allocation
Principal Exchange owns a total of 52.86 Million outstanding shares. Principal Exchange has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company maintains, if the real value of the etf is less than the current market value, you may not be able to make money on it.Principal Exchange Profitability Analysis
The company generated the yearly revenue of 39.97 M. Reported Net Income was 21.36 M with gross profit of 16.79 M.Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Principal Exchange's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Principal Exchange and how it compares across the competition.
About Principal Exchange Valuation
The etf valuation mechanism determines Principal Exchange's current worth on a weekly basis. Our valuation model uses a comparative analysis of Principal Exchange. We calculate exposure to Principal Exchange's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Principal Exchange's related companies.The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing, under normal circumstances, at least 80 percent of its net assets, plus any borrowings for investment purposes, in investment grade corporate bonds and other fixed income securities at the time of purchase. Principal Investment is traded on NYSEARCA Exchange in the United States.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Principal Exchange Traded Funds. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
The market value of Principal Exchange is measured differently than its book value, which is the value of Principal that is recorded on the company's balance sheet. Investors also form their own opinion of Principal Exchange's value that differs from its market value or its book value, called intrinsic value, which is Principal Exchange's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Principal Exchange's market value can be influenced by many factors that don't directly affect Principal Exchange's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Principal Exchange's value and its price as these two are different measures arrived at by different means. Investors typically determine if Principal Exchange is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Principal Exchange'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.