Kornit Digital Ltd, Forum Energy Technologies, ASV Holdings, Ekso Bionics Holdings, and Ampco Pittsburgh Corporation" name="Description" /> Kornit Digital Ltd, Forum Energy Technologies, ASV Holdings, Ekso Bionics Holdings, and Ampco Pittsburgh Corporation" /> Kornit Digital Ltd, Forum Energy Technologies, ASV Holdings, Ekso Bionics Holdings, and Ampco Pittsburgh Corporation" />

5 Machinery stocks to get rid of in July 2019

Today article will analyze 5 Machinery equities to potentially sell in July 2019. I will specifically cover the following equities: Kornit Digital Ltd, Forum Energy Technologies, ASV Holdings, Ekso Bionics Holdings, and Ampco Pittsburgh Corporation
Published over a year ago
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Reviewed by Vlad Skutelnik

This list of potential positions covers USA Equities from Machinery industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions in USA. Please note, we provide buy hold or sell recommendation only in the context of selected investment horizon assuming investor has average attitude towards taking risk. Please also consider using Portfolio Positions Ratings and Equity Ratings tools to further calibrate your research.
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Kornit Digital (KRNT)

The company has return on total asset (ROA) of (0.0467) % which means that it has lost $0.0467 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0773) %, meaning that it created substantial loss on money invested by shareholders. Kornit Digital's management efficiency ratios could be used to measure how well Kornit Digital manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to -0.07 in 2024. Return On Capital Employed is likely to gain to -0.09 in 2024. Total Current Liabilities is likely to drop to about 48.8 M in 2024. Liabilities And Stockholders Equity is likely to drop to about 462.5 M in 2024This firm currently falls under 'Small-Cap' category with a current market capitalization of 765.91 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Kornit Digital's market, we take the total number of its shares issued and multiply it by Kornit Digital's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the firm appears to be undervalued. Kornit Digital secures a last-minute Real Value of $19.55 per share. The latest price of the firm is $16.0. Our model forecasts the value of Kornit Digital from analyzing the firm fundamentals such as Profit Margin of (0.29) %, return on equity of -0.0773, and Current Valuation of 448.42 M as well as examining its technical indicators and probability of bankruptcy. In general, most investors recommend acquiring undervalued stocks and selling overvalued stocks since, at some point, asset prices and their ongoing real values will merge together.

Forum Energy Technologies (FET)

The company has Return on Asset of 0.0179 % which means that on every $100 spent on assets, it made $0.0179 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0525) %, meaning that it generated no profit with money invested by stockholders. Forum Energy's management efficiency ratios could be used to measure how well Forum Energy manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to gain to 0.04 in 2024, whereas Return On Tangible Assets are likely to drop (0.03) in 2024. At this time, Forum Energy's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 350.7 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 158.9 M in 2024. This firm currently falls under 'Small-Cap' category with a total capitalization of 239.53 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Forum Energy's market, we take the total number of its shares issued and multiply it by Forum Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Short Long Term Debt Total

303.82 Million

At this time, Forum Energy's Short and Long Term Debt Total is comparatively stable compared to the past year.

ASV Holdings (ASV)

The company has Return on Asset of (0.0456) % which means that on every $100 spent on assets, it lost $0.0456. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0879) %, meaning that it generated no profit with money invested by stockholders. ASV Holdings' management efficiency ratios could be used to measure how well ASV Holdings manages its routine affairs as well as how well it operates its assets and liabilities. The entity currently falls under 'Micro-Cap' category with a total capitalization of 19.4 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ASV Holdings's market, we take the total number of its shares issued and multiply it by ASV Holdings's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Ekso Bionics Holdings (EKSO)

The company has return on total asset (ROA) of (0.2706) % which means that it has lost $0.2706 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.7989) %, meaning that it created substantial loss on money invested by shareholders. Ekso Bionics' management efficiency ratios could be used to measure how well Ekso Bionics manages its routine affairs as well as how well it operates its assets and liabilities. As of the 24th of April 2024, Return On Tangible Assets is likely to drop to -0.68. In addition to that, Return On Capital Employed is likely to drop to -0.76. At this time, Ekso Bionics' Total Current Assets are very stable compared to the past year. As of the 24th of April 2024, Non Currrent Assets Other is likely to grow to about 504.2 K, while Total Assets are likely to drop about 26 M. This firm currently falls under 'Micro-Cap' category with a current market capitalization of 20.77 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ekso Bionics's market, we take the total number of its shares issued and multiply it by Ekso Bionics's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Short Long Term Debt Total

3.7 Million

At this time, Ekso Bionics' Short and Long Term Debt Total is very stable compared to the past year.

Ampco Pittsburgh (AP)

The company has Return on Asset (ROA) of 0.0129 % which means that for every $100 of assets, it generated a profit of $0.0129. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.4122) %, which implies that it produced no returns to current stockholders. Ampco Pittsburgh's management efficiency ratios could be used to measure how well Ampco Pittsburgh manages its routine affairs as well as how well it operates its assets and liabilities. As of 04/24/2024, Return On Tangible Assets is likely to grow to -0.07. In addition to that, Return On Capital Employed is likely to drop to 0.01. At this time, Ampco Pittsburgh's Non Current Liabilities Total is relatively stable compared to the past year. As of 04/24/2024, Change To Liabilities is likely to grow to about 7.6 M, while Total Current Liabilities is likely to drop slightly above 81 M. This firm currently falls under 'Micro-Cap' category with a market capitalization of 42.71 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ampco Pittsburgh's market, we take the total number of its shares issued and multiply it by Ampco Pittsburgh's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Based on Macroaxis valuation methodology, the firm appears to be overvalued. Ampco Pittsburgh shows a prevailing Real Value of $2.06 per share. The current price of the firm is $2.09. Our model approximates the value of Ampco Pittsburgh from analyzing the firm fundamentals such as Profit Margin of (0.09) %, return on equity of -0.41, and Current Valuation of 180.47 M as well as examining its technical indicators and probability of bankruptcy. In general, most investors favor buying undervalued instruments and selling overvalued instruments since, at some point, asset prices and their ongoing real values will blend.

Current Machinery Recommendations

VolatilityHypeValuationAnalyst ConsensusFinancial LeverageOdds of DistressMacroaxis Advice
BC-PC
Not Available
BC-PA
Not Available
OIS
Not Available
NVT
Not Available
NOV
Not Available

How important is Macroaxis's Liquidity

Macroaxis financial leverage refers to using borrowed capital as a funding source to finance Macroaxis ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Macroaxis financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Macroaxis' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Macroaxis' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Macroaxis's total debt and its cash.

Macroaxis Gross Profit

Macroaxis Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Macroaxis previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Macroaxis Gross Profit growth over the last 10 years. Please check Macroaxis' gross profit and other fundamental indicators for more details.
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Kornit Digital (KRNT)

The company has return on total asset (ROA) of (0.0467) % which means that it has lost $0.0467 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0773) %, meaning that it created substantial loss on money invested by shareholders. Kornit Digital's management efficiency ratios could be used to measure how well Kornit Digital manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to -0.07 in 2024. Return On Capital Employed is likely to gain to -0.09 in 2024. Total Current Liabilities is likely to drop to about 48.8 M in 2024. Liabilities And Stockholders Equity is likely to drop to about 462.5 M in 2024This firm currently falls under 'Small-Cap' category with a current market capitalization of 765.91 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Kornit Digital's market, we take the total number of its shares issued and multiply it by Kornit Digital's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the firm appears to be undervalued. Kornit Digital secures a last-minute Real Value of $19.55 per share. The latest price of the firm is $16.0. Our model forecasts the value of Kornit Digital from analyzing the firm fundamentals such as Profit Margin of (0.29) %, return on equity of -0.0773, and Current Valuation of 448.42 M as well as examining its technical indicators and probability of bankruptcy. In general, most investors recommend acquiring undervalued stocks and selling overvalued stocks since, at some point, asset prices and their ongoing real values will merge together.

Forum Energy Technologies (FET)

The company has Return on Asset of 0.0179 % which means that on every $100 spent on assets, it made $0.0179 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0525) %, meaning that it generated no profit with money invested by stockholders. Forum Energy's management efficiency ratios could be used to measure how well Forum Energy manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to gain to 0.04 in 2024, whereas Return On Tangible Assets are likely to drop (0.03) in 2024. At this time, Forum Energy's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 350.7 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 158.9 M in 2024. This firm currently falls under 'Small-Cap' category with a total capitalization of 239.53 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Forum Energy's market, we take the total number of its shares issued and multiply it by Forum Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Short Long Term Debt Total

303.82 Million

At this time, Forum Energy's Short and Long Term Debt Total is comparatively stable compared to the past year.

ASV Holdings (ASV)

The company has Return on Asset of (0.0456) % which means that on every $100 spent on assets, it lost $0.0456. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0879) %, meaning that it generated no profit with money invested by stockholders. ASV Holdings' management efficiency ratios could be used to measure how well ASV Holdings manages its routine affairs as well as how well it operates its assets and liabilities. The entity currently falls under 'Micro-Cap' category with a total capitalization of 19.4 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ASV Holdings's market, we take the total number of its shares issued and multiply it by ASV Holdings's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Ekso Bionics Holdings (EKSO)

The company has return on total asset (ROA) of (0.2706) % which means that it has lost $0.2706 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.7989) %, meaning that it created substantial loss on money invested by shareholders. Ekso Bionics' management efficiency ratios could be used to measure how well Ekso Bionics manages its routine affairs as well as how well it operates its assets and liabilities. As of the 24th of April 2024, Return On Tangible Assets is likely to drop to -0.68. In addition to that, Return On Capital Employed is likely to drop to -0.76. At this time, Ekso Bionics' Total Current Assets are very stable compared to the past year. As of the 24th of April 2024, Non Currrent Assets Other is likely to grow to about 504.2 K, while Total Assets are likely to drop about 26 M. This firm currently falls under 'Micro-Cap' category with a current market capitalization of 20.77 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ekso Bionics's market, we take the total number of its shares issued and multiply it by Ekso Bionics's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Short Long Term Debt Total

3.7 Million

At this time, Ekso Bionics' Short and Long Term Debt Total is very stable compared to the past year.

Ampco Pittsburgh (AP)

The company has Return on Asset (ROA) of 0.0129 % which means that for every $100 of assets, it generated a profit of $0.0129. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.4122) %, which implies that it produced no returns to current stockholders. Ampco Pittsburgh's management efficiency ratios could be used to measure how well Ampco Pittsburgh manages its routine affairs as well as how well it operates its assets and liabilities. As of 04/24/2024, Return On Tangible Assets is likely to grow to -0.07. In addition to that, Return On Capital Employed is likely to drop to 0.01. At this time, Ampco Pittsburgh's Non Current Liabilities Total is relatively stable compared to the past year. As of 04/24/2024, Change To Liabilities is likely to grow to about 7.6 M, while Total Current Liabilities is likely to drop slightly above 81 M. This firm currently falls under 'Micro-Cap' category with a market capitalization of 42.71 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ampco Pittsburgh's market, we take the total number of its shares issued and multiply it by Ampco Pittsburgh's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Based on Macroaxis valuation methodology, the firm appears to be overvalued. Ampco Pittsburgh shows a prevailing Real Value of $2.06 per share. The current price of the firm is $2.09. Our model approximates the value of Ampco Pittsburgh from analyzing the firm fundamentals such as Profit Margin of (0.09) %, return on equity of -0.41, and Current Valuation of 180.47 M as well as examining its technical indicators and probability of bankruptcy. In general, most investors favor buying undervalued instruments and selling overvalued instruments since, at some point, asset prices and their ongoing real values will blend.

Current Machinery Recommendations

VolatilityHypeValuationAnalyst ConsensusFinancial LeverageOdds of DistressMacroaxis Advice
BC-PC
Not Available
BC-PA
Not Available
OIS
Not Available
NVT
Not Available
NOV
Not Available

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