Tapestry Stock Net Asset
| COY Stock | EUR 38.41 0.24 0.62% |
Tapestry fundamentals help investors to digest information that contributes to Tapestry's financial success or failures. It also enables traders to predict the movement of Tapestry Stock. The fundamental analysis module provides a way to measure Tapestry'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 Tapestry stock.
Tapestry |
Tapestry Company Net Asset Analysis
Tapestry's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Tapestry Net Asset | 7.27 B |
Most of Tapestry's fundamental indicators, such as Net Asset, 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, Tapestry is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Tapestry has a Net Asset of 7.27 B. This is much higher than that of the Consumer Cyclical sector and significantly higher than that of the Luxury Goods industry. The net asset for all Germany stocks is notably lower than that of the firm.
Tapestry Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tapestry's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tapestry could also be used in its relative valuation, which is a method of valuing Tapestry by comparing valuation metrics of similar companies.Tapestry is currently under evaluation in net asset category among related companies.
Tapestry Fundamentals
| Return On Equity | 0.32 | |||
| Return On Asset | 0.0912 | |||
| Profit Margin | 0.13 % | |||
| Operating Margin | 0.17 % | |||
| Current Valuation | 11.24 B | |||
| Shares Outstanding | 236.08 M | |||
| Shares Owned By Insiders | 0.25 % | |||
| Shares Owned By Institutions | 95.36 % | |||
| Price To Earning | 32.98 X | |||
| Price To Book | 4.02 X | |||
| Price To Sales | 1.24 X | |||
| Revenue | 6.68 B | |||
| Gross Profit | 4.65 B | |||
| EBITDA | 1.3 B | |||
| Net Income | 856.3 M | |||
| Cash And Equivalents | 2.02 B | |||
| Cash Per Share | 7.21 X | |||
| Total Debt | 1.66 B | |||
| Debt To Equity | 1.05 % | |||
| Current Ratio | 2.37 X | |||
| Book Value Per Share | 9.80 X | |||
| Cash Flow From Operations | 853.2 M | |||
| Earnings Per Share | 3.16 X | |||
| Price To Earnings To Growth | 1.01 X | |||
| Target Price | 53.39 | |||
| Number Of Employees | 12.6 K | |||
| Beta | 1.42 | |||
| Market Capitalization | 9.5 B | |||
| Total Asset | 7.27 B | |||
| Z Score | 3.0 | |||
| Annual Yield | 0.03 % | |||
| Five Year Return | 3.90 % | |||
| Net Asset | 7.27 B | |||
| Last Dividend Paid | 1.1 |
About Tapestry Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tapestry's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tapestry using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tapestry 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Tapestry in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Tapestry's short interest history, or implied volatility extrapolated from Tapestry options trading.
Pair Trading with Tapestry
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 Tapestry 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 Tapestry will appreciate offsetting losses from the drop in the long position's value.Moving together with Tapestry Stock
| 0.81 | MOHF | LVMH Mot Hennessy | PairCorr |
| 0.85 | MOH | LVMH Mot Hennessy | PairCorr |
| 0.87 | MOH | LVMH Mot Hennessy | PairCorr |
| 0.86 | DIO0 | CHRISTIAN DIOR ADR14EO2 | PairCorr |
The ability to find closely correlated positions to Tapestry could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tapestry 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 Tapestry - 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 Tapestry to buy it.
The correlation of Tapestry 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 Tapestry moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tapestry 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 Tapestry 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, which includes a position in Tapestry. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Tapestry Stock please use our How to Invest in Tapestry guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for Tapestry Stock analysis
When running Tapestry's price analysis, check to measure Tapestry's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tapestry is operating at the current time. Most of Tapestry's value examination focuses on studying past and present price action to predict the probability of Tapestry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tapestry's price. Additionally, you may evaluate how the addition of Tapestry to your portfolios can decrease your overall portfolio volatility.
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