Shinden Hightex Corp’s share price is 円7210. Its GF Value is 円2944.76. Based on the relationship between the current stock price and the GF Value, GuruFocus believes Shinden Hightex Corp stock is .
The GF Value represents the current intrinsic value of a stock derived from our proprietary algorithm. It is based primarily on the historical multiples of where the stocks have been traded and the future growth of the business, adjusted for the past returns and growth. The GF Value has been verified by backtesting and daily updated model portfolios.
In addition to considering the current valuation, the growth potential of a company's value is equally important. Companies with faster growth rates tend to increase their value more quickly. Therefore, it's essential to look at the Price-to-Future GF Value ratios as well. The results are shown below:
| Price: 円7210 | GF Value | Price/GF Value | ||
|---|---|---|---|---|
| Current | 円2944.76 | 2.45 | ||
| Next FY1 End | 円2985.62 | 2.41 | ||
| Next 12 Month | 円3026.04 | 2.38 | ||
| Next FY2 End | 円3066.46 | 2.35 |
GuruFocus performed a correlation analysis comparing Shinden Hightex Corp's stock price with key financial metrics: revenue per share, book value per share, EPS without NRI, and operating cash flow per share.
The analysis reveals the strongest correlation between Shinden Hightex Corp's stock price and Book Value per share, with a coefficient of 64%. Shinden Hightex Corp’s stock price shows no significant correlation with Operating Cash Flow per share. Shinden Hightex Corp’s stock price shows no significant correlation with Earnings without NRI per share. Shinden Hightex Corp’s stock price shows no significant correlation with Revenue per share.