Graphjet Technology Stock Today

GTI Stock   2.70  0.28  9.40%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 47

 
High
 
Low
About Average
Graphjet Technology is trading at 2.70 as of the 28th of November 2024. This is a 9.4% down since the beginning of the trading day. The stock's open price was 2.98. Graphjet Technology has 47 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Graphjet Technology symbol was changed from ENCP on 15th of March 2024. Equity ratings for Graphjet Technology are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Capital Goods
Category
Basic Materials
Classification
Industrials
GrafTech International Ltd. manufactures and sells graphite and carbon material sciencebased solutions. The company has 146.74 M outstanding shares of which 99.08 K shares are currently shorted by investors with about 0.32 days to cover. More on Graphjet Technology

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Graphjet Stock Highlights

Older SymbolENCP
Thematic IdeaElectrical Equipment (View all Themes)
Business ConcentrationElectrical Components & Equipment, Other Industrial Metals & Mining, Basic Materials, NASDAQ Composite, Electrical Equipment, Industrials, Electrical Equipment, Electrical Equipment, Industrials (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities3.3 M3.1 M
Sufficiently Up
Slightly volatile
Total Assets12.4 M16.1 M
Significantly Down
Slightly volatile
Total Current Assets29 K30.5 K
Notably Down
Slightly volatile
Graphjet Technology can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Graphjet Technology's financial leverage. It provides some insight into what part of Graphjet Technology's total assets is financed by creditors.
Liquidity
Graphjet Technology has 1.48 M in debt with debt to equity (D/E) ratio of 0.57, which is OK given its current industry classification. Graphjet Technology has a current ratio of 1.73, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Graphjet to invest in growth at high rates of return.

Begin Period Cash Flow

57,705.22
Graphjet Technology (GTI) is traded on NASDAQ Exchange in USA. It is located in Unit No. L4-E-8 Enterprise 4 Technology Park, Kuala Lumpur, Malaysia, 57000 and employs 20 people. Graphjet Technology was previously known as Energem Corp and was traded on NASDAQ Exchange under the symbol ENCP. Graphjet Technology is listed under Electrical Components & Equipment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 352.18 M. Graphjet Technology runs under Electrical Equipment sector within Industrials industry. The entity has 146.74 M outstanding shares of which 99.08 K shares are currently shorted by investors with about 0.32 days to cover. Graphjet Technology has about 17.55 M in cash with (396.84 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08.
Check Graphjet Technology Probability Of Bankruptcy
Ownership Allocation
Graphjet Technology retains majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 72.0 (percent) of Graphjet Technology outstanding shares that are owned by insiders attests that they have been buying or selling the stock in recent months in anticipation of some upcoming event.
Check Graphjet Ownership Details

Graphjet Technology Historical Income Statement

As of now, Graphjet Technology's Depreciation And Amortization is increasing as compared to previous years. The Graphjet Technology's current Selling General Administrative is estimated to increase to about 2.8 M, while Other Operating Expenses is projected to decrease to under 806.8 K. View More Fundamentals

Graphjet Stock Against Markets

Graphjet Technology Corporate Executives

Elected by the shareholders, the Graphjet Technology's board of directors comprises two types of representatives: Graphjet Technology inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Graphjet. The board's role is to monitor Graphjet Technology's management team and ensure that shareholders' interests are well served. Graphjet Technology's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Graphjet Technology's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ping LeePrincipal CFOProfile
When determining whether Graphjet Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Graphjet Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Graphjet Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Graphjet Technology Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Graphjet Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Graphjet Stock please use our How to Invest in Graphjet Technology guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Electrical Components & Equipment 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 Graphjet Technology. If investors know Graphjet 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 Graphjet Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.01)
Return On Assets
(1.38)
The market value of Graphjet Technology is measured differently than its book value, which is the value of Graphjet that is recorded on the company's balance sheet. Investors also form their own opinion of Graphjet Technology's value that differs from its market value or its book value, called intrinsic value, which is Graphjet Technology'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 Graphjet Technology's market value can be influenced by many factors that don't directly affect Graphjet Technology'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 Graphjet Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Graphjet Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Graphjet Technology'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.