Green Financial Statements From 2010 to 2024
| 186230 Stock | KRW 9,290 30.00 0.32% |
Check Green Plus financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Green Plus' main balance sheet or income statement drivers, such as , as well as many indicators such as . Green financial statements analysis is a perfect complement when working with Green Plus Valuation or Volatility modules.
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Green Plus Co Company Current Valuation Analysis
Green Plus' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Green Plus Current Valuation | 213.59 B |
Most of Green Plus' fundamental indicators, such as Current Valuation, 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, Green Plus Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Green Plus Co has a Current Valuation of 213.59 B. This is much higher than that of the Industrials sector and significantly higher than that of the Construction & Engineering industry. The current valuation for all Republic of Korea stocks is significantly lower than that of the firm.
Green Plus Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Green Plus's current stock value. Our valuation model uses many indicators to compare Green Plus value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Green Plus competition to find correlations between indicators driving Green Plus's intrinsic value. More Info.Green Plus Co is rated third in return on equity category among its peers. It also is rated third in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Green Plus by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Green Plus' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Green Plus Financial Statements
Green Plus stakeholders use historical fundamental indicators, such as Green Plus' revenue or net income, to determine how well the company is positioned to perform in the future. Although Green Plus investors may analyze each financial statement separately, they are all interrelated. For example, changes in Green Plus' assets and liabilities are reflected in the revenues and expenses on Green Plus' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Green Plus Co. Please read more on our technical analysis and fundamental analysis pages.
Green Plus Co., Ltd. manufactures, processes, and sells aluminum products in South Korea. Green Plus Co., Ltd. was founded in 1997 and is headquartered in Yesan-Eup, South Korea. Greenplus is traded on Korean Securities Dealers Automated Quotations in South Korea.
Pair Trading with Green Plus
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 Green Plus 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 Green Plus will appreciate offsetting losses from the drop in the long position's value.Moving together with Green Stock
The ability to find closely correlated positions to Green Plus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Green Plus 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 Green Plus - 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 Green Plus Co to buy it.
The correlation of Green Plus 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 Green Plus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Green Plus 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 Green Plus 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.Other Information on Investing in Green Stock
Green Plus financial ratios help investors to determine whether Green 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 Green with respect to the benefits of owning Green Plus security.