Lichen China Limited Stock Price To Earning
| LICN Stock | 2.11 0.06 2.93% |
Lichen China Limited fundamentals help investors to digest information that contributes to Lichen China's financial success or failures. It also enables traders to predict the movement of Lichen Stock. The fundamental analysis module provides a way to measure Lichen China'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 Lichen China stock.
Lichen | Price To Earning |
Lichen China Limited Company Price To Earning Analysis
Lichen China's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Lichen Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for Lichen China is extremely important. It helps to project a fair market value of Lichen Stock properly, considering its historical fundamentals such as Price To Earning. Since Lichen China's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Lichen China's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Lichen China's interrelated accounts and indicators.
Click cells to compare fundamentals
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Lichen Retained Earnings
Retained Earnings |
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Based on the latest financial disclosure, Lichen China Limited has a Price To Earning of 0.0 times. This is 100.0% lower than that of the Commercial Services & Supplies sector and about the same as Industrials (which currently averages 0.0) industry. The price to earning for all United States stocks is 100.0% higher than that of the company.
Lichen Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Lichen China's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Lichen China could also be used in its relative valuation, which is a method of valuing Lichen China by comparing valuation metrics of similar companies.Lichen China is currently under evaluation in price to earning category among its peers.
Lichen China ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Lichen China's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Lichen China's managers, analysts, and investors.Environmental | Governance | Social |
Lichen Fundamentals
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | 0.18 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 42.53 M | ||||
| Shares Outstanding | 29.9 M | ||||
| Shares Owned By Insiders | 17.12 % | ||||
| Shares Owned By Institutions | 0.42 % | ||||
| Number Of Shares Shorted | 64.93 K | ||||
| Price To Book | 1.10 X | ||||
| Price To Sales | 1.83 X | ||||
| Revenue | 39.76 M | ||||
| Gross Profit | 20.19 M | ||||
| EBITDA | 15.18 M | ||||
| Net Income | 8.34 M | ||||
| Total Debt | 129 K | ||||
| Book Value Per Share | 1.85 X | ||||
| Cash Flow From Operations | 557 K | ||||
| Short Ratio | 0.10 X | ||||
| Earnings Per Share | 0.30 X | ||||
| Number Of Employees | 406 | ||||
| Market Capitalization | 76.63 M | ||||
| Total Asset | 65.55 M | ||||
| Retained Earnings | 48.22 M | ||||
| Working Capital | 36.04 M | ||||
| Net Asset | 65.55 M |
About Lichen China Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Lichen China Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Lichen China using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Lichen China Limited 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 Lichen China
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 Lichen China 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 Lichen China will appreciate offsetting losses from the drop in the long position's value.Moving against Lichen Stock
| 0.57 | VLTO | Veralto | PairCorr |
| 0.56 | MG | Mistras Group | PairCorr |
| 0.46 | EXPO | Exponent | PairCorr |
| 0.44 | SMX | SMX Public Limited | PairCorr |
| 0.43 | VCIG | VCI Global Limited | PairCorr |
The ability to find closely correlated positions to Lichen China could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lichen China 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 Lichen China - 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 Lichen China Limited to buy it.
The correlation of Lichen China 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 Lichen China moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lichen China Limited 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 Lichen China 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 Lichen China Piotroski F Score and Lichen China Altman Z Score analysis. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lichen China. If investors know Lichen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lichen China listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.51) | Earnings Share 0.3 | Revenue Per Share 1.491 | Quarterly Revenue Growth 0.136 | Return On Assets 0.1078 |
The market value of Lichen China Limited is measured differently than its book value, which is the value of Lichen that is recorded on the company's balance sheet. Investors also form their own opinion of Lichen China's value that differs from its market value or its book value, called intrinsic value, which is Lichen China's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lichen China's market value can be influenced by many factors that don't directly affect Lichen China's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lichen China's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lichen China is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lichen China's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.