Sumitomo Rubber Industries Stock Cash Per Share

108 Stock  EUR 10.10  0.20  1.94%   
Sumitomo Rubber Industries fundamentals help investors to digest information that contributes to Sumitomo Rubber's financial success or failures. It also enables traders to predict the movement of Sumitomo Stock. The fundamental analysis module provides a way to measure Sumitomo Rubber'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 Sumitomo Rubber stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Sumitomo Rubber Industries Company Cash Per Share Analysis

Sumitomo Rubber's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Cash Per Share

 = 

Total Cash

Average Shares

More About Cash Per Share | All Equity Analysis

Current Sumitomo Rubber Cash Per Share

    
  2.27 X  
Most of Sumitomo Rubber's fundamental indicators, such as Cash Per Share, 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, Sumitomo Rubber Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Competition

In accordance with the recently published financial statements, Sumitomo Rubber Industries has a Cash Per Share of 2.27 times. This is 40.11% lower than that of the Consumer Cyclical sector and 31.21% higher than that of the Rubber & Plastics industry. The cash per share for all Germany stocks is 54.69% higher than that of the company.

Sumitomo Cash Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sumitomo Rubber's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sumitomo Rubber could also be used in its relative valuation, which is a method of valuing Sumitomo Rubber by comparing valuation metrics of similar companies.
Sumitomo Rubber is currently under evaluation in cash per share category among its peers.

Sumitomo Fundamentals

About Sumitomo Rubber Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Sumitomo Rubber Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sumitomo Rubber using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sumitomo Rubber Industries 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.

Currently Active Assets on Macroaxis

Other Information on Investing in Sumitomo Stock

Sumitomo Rubber financial ratios help investors to determine whether Sumitomo Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sumitomo with respect to the benefits of owning Sumitomo Rubber security.