In taking a look at some key indicators for Pungguk Ethanol Industrial Co., Ltd (KOSDAQ:A023900), we note that the current Book to Market value for the company is at 1.066392. The Book to Market or BTM is determined as Market Value (or Stock Price)/Book Value. Investors Often times look for shares with high Book to Market value as this could indicate that the equity is priced below market value and underpriced.
A ratio of a publicly-traded enterprise’s book value to its market value. That is, the BTM is a comparison of a enterprise’s net asset value per share to its equity price. This is a helpful resource to aid think through how the market prices a enterprise relative to its actual worth. A ratio greater than one suggests an undervalued enterprise, while a ratio less than one means a enterprise is overvalued. Value managers seek out companies with high BTMs for their portfolios.
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Additional Tools
There are many other tools to think through whether a enterprise is profitable or not. One of the most sought-after ratios is the “Return on Assets” (aka ROA). This score suggests how profitable a enterprise is relative to its total assets. The Return on Assets for Pungguk Ethanol Industrial Co., Ltd (KOSDAQ:A023900) is 0.067540. This number is determined by dividing net income after tax by the enterprise’s total assets. A enterprise that manages their assets well will have a higher return, while a enterprise that manages their assets poorly will have a lower return.
Looking at some ROIC (Return on Invested Capital) numbers, Pungguk Ethanol Industrial Co., Ltd (KOSDAQ:A023900)’s ROIC is 0.120564. The ROIC 5 year average is 0.102518 and the ROIC Quality ratio is 10.814800. ROIC is a profitability ratio that measures the return that an investment generates for those providing capital. ROIC helps show how efficient a company is at turning capital into profits.
In terms of EBITDA Yield, Pungguk Ethanol Industrial Co., Ltd (KOSDAQ:A023900) at present has a value of 0.174847. This value is derived by dividing EBITDA by Enterprise Value.
The Current Ratio of Pungguk Ethanol Industrial Co., Ltd (KOSDAQ:A023900) is 3.54. The Current Ratio is used by investors to think through whether a enterprise can pay short term and long term debts. The current ratio looks at all the liquid and non-liquid assets compared to the enterprise’s total current liabilities. A high current ratio suggests that the enterprise might have trouble managing their working capital. A low current ratio (when the current liabilities are higher than the current assets) suggests that the enterprise may have trouble paying their short term obligations.
The Leverage Ratio of Pungguk Ethanol Industrial Co., Ltd (KOSDAQ:A023900) is 0.104729. Leverage ratio is the total debt of a enterprise divided by total assets of the current and past year divided by two. Companies take on debt to finance their day to day operations. The leverage ratio can quantify how much of a enterprise’s capital comes from debt. With this ratio, investors can better estimate how well a enterprise will be able to pay their long and short term financial obligations.
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Piotroski F Score
The Piotroski F-Score is a scoring system between 1-9 that determines a company’s financial strength. The score helps think through if a enterprise’s stock is valuable or not. The Piotroski F-Score of Pungguk Ethanol Industrial Co., Ltd (KOSDAQ:A023900) is 5. A score of nine suggests a high value stock, while a score of one suggests a low value stock. The score is determined by the return on assets (ROA), Cash flow return on assets (CFROA), change in return of assets, and quality of earnings. It is also determined by a change in gearing or leverage, liquidity, and change in shares in issue. The score is also calculated by change in gross margin and change in asset turnover.
Checking in on some valuation rankings, Pungguk Ethanol Industrial Co., Ltd (KOSDAQ:A023900) has a Value Composite score of 12. Developed by James O’Shaughnessy, the VC score uses five valuation ratios. These ratios are price to earnings, price to cash flow, EBITDA to EV, price to book value, and price to sales. The VC is displayed as a number between 1 and 100. In general, a enterprise with a score closer to 0 would be seen as undervalued, and a score closer to 100 would indicate an overvalued enterprise. Adding a sixth ratio, shareholder yield, we can view the Value Composite 2 score which is at present sitting at 15.
Volatility/C Score
Stock volatility is a percentage that suggests whether a stock is a desirable purchase. Investors look at the Volatility 12m to think through if a enterprise has a low volatility percentage or not over the season of a year. The Volatility 12m of Pungguk Ethanol Industrial Co., Ltd (KOSDAQ:A023900) is 49.905200. This is determined by taking weekly log normal returns and standard deviation of the equity price over one year annualized. The lower the number, a enterprise is thought to have low volatility. The Volatility 3m is a similar percentage calculated by the daily log normal returns and standard deviation of the equity price over 3 months. The Volatility 3m of Pungguk Ethanol Industrial Co., Ltd (KOSDAQ:A023900) is 34.400800. The Volatility 6m is the same, except measured over the season of six months. The Volatility 6m is 38.771100.
Pungguk Ethanol Industrial Co., Ltd (KOSDAQ:A023900) at present has a Montier C-score of 2.00000. This indicator was developed by James Montier in an attempt to identify firms that were cooking the books in order to appear better on paper. The score ranges from zero to six where a 0 would indicate no evidence of book cooking, and a 6 would indicate a high likelihood. A C-score of -1 would indicate that there is not enough information available to measure the score. Montier used six inputs in the calculation. These inputs included a growing difference between net income and cash flow from operations, increasing receivable days, growing day’s sales of inventory, increasing different current assets, decrease in depreciation relative to gross property plant and equipment, and high total asset growth.
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