Bisalloy Steel (Australia) Buy Hold or Sell Recommendation
| BIS Stock | 3.81 0.13 3.30% |
Assuming the 90 days trading horizon and your slightly conservative level of risk, our recommendation regarding Bisalloy Steel Group is 'Cautious Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Bisalloy Steel Group given historical horizon and risk tolerance towards Bisalloy Steel. When Macroaxis issues a 'buy' or 'sell' recommendation for Bisalloy Steel Group, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Bisalloy Steel Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Bisalloy and provide practical buy, sell, or hold advice based on investors' constraints. Bisalloy Steel Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Bisalloy |
Execute Bisalloy Steel Buy or Sell Advice
The Bisalloy recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Bisalloy Steel Group. Macroaxis does not own or have any residual interests in Bisalloy Steel Group or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Bisalloy Steel's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | OK | Details | |
Volatility | Risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Bisalloy Steel Trading Alerts and Improvement Suggestions
| Bisalloy Steel Group appears to be risky and price may revert if volatility continues | |
| Bisalloy Steel Group is unlikely to experience financial distress in the next 2 years | |
| About 41.0% of the company shares are held by company insiders |
Bisalloy Steel Returns Distribution Density
The distribution of Bisalloy Steel's historical returns is an attempt to chart the uncertainty of Bisalloy Steel's future price movements. The chart of the probability distribution of Bisalloy Steel daily returns describes the distribution of returns around its average expected value. We use Bisalloy Steel Group price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Bisalloy Steel returns is essential to provide solid investment advice for Bisalloy Steel.
| Mean Return | 0.62 | Value At Risk | -4.08 | Potential Upside | 6.85 | Standard Deviation | 4.58 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Bisalloy Steel historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Bisalloy Steel Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Capital Expenditures | 2.2M | 1.6M | 962K | 1.0M | 2.0M | 1.9M | |
| Net Income | 6.7M | 8.8M | 15.0M | 12.8M | 15.7M | 16.5M | |
| End Period Cash Flow | 672K | 2.3M | 1.8M | 2.1M | 6.3M | 6.6M | |
| Change In Cash | (1.4M) | 1.7M | (513K) | 218K | 4.2M | 4.5M | |
| Free Cash Flow | (4.2M) | 11.1M | 3.9M | 12.1M | 22.2M | 23.3M | |
| Depreciation | 2.0M | 2.2M | 2.3M | 2.2M | 2.2M | 1.7M | |
| Other Non Cash Items | 14.0M | 988K | 16.3M | 4.4M | 469K | 445.6K | |
| Dividends Paid | 1.5M | 1.7M | 4.6M | 5.4M | 13.9M | 14.6M | |
| Change To Inventory | (6.4M) | 10.3M | (12.1M) | (7.3M) | (1.7M) | (1.7M) | |
| Net Borrowings | 4.5M | (7.3M) | 310K | (6.5M) | (5.8M) | (5.5M) | |
| Change To Netincome | (1.4M) | (2.9M) | (1.4M) | (1.3M) | (1.1M) | (1.2M) | |
| Investments | (2.2M) | 155K | (341K) | 922K | 187K | 196.4K |
Bisalloy Steel Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Bisalloy Steel or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Bisalloy Steel's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Bisalloy stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.52 | |
β | Beta against Dow Jones | 0.77 | |
σ | Overall volatility | 4.57 | |
Ir | Information ratio | 0.11 |
Bisalloy Steel Volatility Alert
Bisalloy Steel Group shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Bisalloy Steel's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Bisalloy Steel's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Bisalloy Steel Fundamentals Vs Peers
Comparing Bisalloy Steel's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Bisalloy Steel's direct or indirect competition across all of the common fundamentals between Bisalloy Steel and the related equities. This way, we can detect undervalued stocks with similar characteristics as Bisalloy Steel or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Bisalloy Steel's fundamental indicators could also be used in its relative valuation, which is a method of valuing Bisalloy Steel by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Bisalloy Steel to competition |
| Fundamentals | Bisalloy Steel | Peer Average |
| Return On Equity | 0.22 | -0.31 |
| Return On Asset | 0.12 | -0.14 |
| Profit Margin | 0.10 % | (1.27) % |
| Operating Margin | 0.13 % | (5.51) % |
| Current Valuation | 177.29 M | 16.62 B |
| Shares Outstanding | 47.9 M | 571.82 M |
| Shares Owned By Insiders | 41.29 % | 10.09 % |
| Shares Owned By Institutions | 15.37 % | 39.21 % |
| Price To Book | 2.51 X | 9.51 X |
| Price To Sales | 1.22 X | 11.42 X |
| Revenue | 152.86 M | 9.43 B |
| Gross Profit | 32.62 M | 27.38 B |
| EBITDA | 23.54 M | 3.9 B |
| Net Income | 15.74 M | 570.98 M |
| Total Debt | 1.08 M | 5.32 B |
| Book Value Per Share | 1.53 X | 1.93 K |
| Cash Flow From Operations | 24.21 M | 971.22 M |
| Earnings Per Share | 0.32 X | 3.12 X |
| Beta | 0.22 | -0.15 |
| Market Capitalization | 185.77 M | 19.03 B |
| Total Asset | 118.58 M | 29.47 B |
| Retained Earnings | 43.2 M | 9.33 B |
| Working Capital | 44.23 M | 1.48 B |
| Annual Yield | 0.05 % | |
| Net Asset | 118.58 M | |
| Last Dividend Paid | 0.2 |
Bisalloy Steel Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Bisalloy . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Bisalloy Steel Buy or Sell Advice
When is the right time to buy or sell Bisalloy Steel Group? Buying financial instruments such as Bisalloy Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Bisalloy Stock Analysis
When running Bisalloy Steel's price analysis, check to measure Bisalloy Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bisalloy Steel is operating at the current time. Most of Bisalloy Steel's value examination focuses on studying past and present price action to predict the probability of Bisalloy Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bisalloy Steel's price. Additionally, you may evaluate how the addition of Bisalloy Steel to your portfolios can decrease your overall portfolio volatility.