Cathay Financial Holding Stock Price To Sales
| CHYFFDelisted Stock | USD 14.63 0.00 0.00% |
Cathay Financial Holding fundamentals help investors to digest information that contributes to Cathay Financial's financial success or failures. It also enables traders to predict the movement of Cathay Pink Sheet. The fundamental analysis module provides a way to measure Cathay Financial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cathay Financial pink sheet.
Cathay |
Cathay Financial Holding Company Price To Sales Analysis
Cathay Financial's 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.
Current Cathay Financial Price To Sales | 1.05 X |
Most of Cathay Financial's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cathay Financial Holding is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionBased on the latest financial disclosure, Cathay Financial Holding has a Price To Sales of 1.0475 times. This is 51.5% lower than that of the Financial Services sector and 83.68% lower than that of the Asset Management industry. The price to sales for all United States stocks is 90.83% higher than that of the company.
Cathay Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cathay Financial's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Cathay Financial could also be used in its relative valuation, which is a method of valuing Cathay Financial by comparing valuation metrics of similar companies.Cathay Financial is currently under evaluation in price to sales category among related companies.
Cathay Fundamentals
| Return On Equity | 0.15 | |||
| Return On Asset | -0.0016 | |||
| Profit Margin | 0.13 % | |||
| Operating Margin | (0.04) % | |||
| Current Valuation | (2.01 T) | |||
| Shares Outstanding | 1.32 B | |||
| Price To Book | 0.77 X | |||
| Price To Sales | 1.05 X | |||
| Revenue | 621.86 B | |||
| Gross Profit | 326.22 B | |||
| EBITDA | (25.06 B) | |||
| Net Income | 139.51 B | |||
| Debt To Equity | 41.20 % | |||
| Current Ratio | 16.28 X | |||
| Book Value Per Share | 322.15 X | |||
| Cash Flow From Operations | 72.52 B | |||
| Earnings Per Share | 1.58 X | |||
| Number Of Employees | 57.1 K | |||
| Beta | 0.48 | |||
| Market Capitalization | 15.09 B | |||
| Total Asset | 11.59 T | |||
| Annual Yield | 0.03 % | |||
| Net Asset | 11.59 T | |||
| Last Dividend Paid | 3.5 |
About Cathay Financial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cathay Financial Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cathay Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cathay Financial Holding based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Cathay Financial
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 Cathay Financial 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 Cathay Financial will appreciate offsetting losses from the drop in the long position's value.Moving against Cathay Pink Sheet
| 0.79 | VFS | VinFast Auto Buyout Trend | PairCorr |
| 0.67 | VFSWW | VinFast Auto | PairCorr |
| 0.67 | TLK | Telkom Indonesia Tbk Earnings Call This Week | PairCorr |
| 0.58 | BLK | BlackRock Financial Report 12th of July 2024 | PairCorr |
| 0.49 | IVSXF | Investor AB | PairCorr |
The ability to find closely correlated positions to Cathay Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cathay Financial 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 Cathay Financial - 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 Cathay Financial Holding to buy it.
The correlation of Cathay Financial 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 Cathay Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cathay Financial Holding 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 Cathay Financial 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.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Cathay Financial Holding information on this page should be used as a complementary analysis to other Cathay Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Other Consideration for investing in Cathay Pink Sheet
If you are still planning to invest in Cathay Financial Holding check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Cathay Financial's history and understand the potential risks before investing.
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