Histeel Stock Earnings Per Share
| 071090 Stock | 3,050 130.00 4.09% |
Histeel fundamentals help investors to digest information that contributes to Histeel's financial success or failures. It also enables traders to predict the movement of Histeel Stock. The fundamental analysis module provides a way to measure Histeel'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 Histeel stock.
Histeel |
Histeel Company Earnings Per Share Analysis
Histeel's Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
| Competition |
According to the company disclosure, Histeel has an Earnings Per Share of 0.0 times. This is 100.0% lower than that of the Metals & Mining sector and about the same as Materials (which currently averages 0.0) industry. The earnings per share for all Republic of Korea stocks is 100.0% higher than that of the company.
Histeel Earnings Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Histeel's direct or indirect competition against its Earnings Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Histeel could also be used in its relative valuation, which is a method of valuing Histeel by comparing valuation metrics of similar companies.Histeel is currently under evaluation in earnings per share category among its peers.
Histeel Fundamentals
| Return On Equity | 0.0712 | |||
| Return On Asset | 0.0246 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 150 B | |||
| Shares Outstanding | 20.18 M | |||
| Shares Owned By Insiders | 52.54 % | |||
| Shares Owned By Institutions | 0.03 % | |||
| Price To Book | 0.53 X | |||
| Price To Sales | 0.26 X | |||
| Revenue | 226.15 B | |||
| Gross Profit | 29.98 B | |||
| EBITDA | 22.04 B | |||
| Net Income | 11.51 B | |||
| Total Debt | 35.28 B | |||
| Cash Flow From Operations | 578.76 M | |||
| Number Of Employees | 194 | |||
| Beta | 1.06 | |||
| Market Capitalization | 81.74 B | |||
| Total Asset | 259.71 B | |||
| Z Score | 1.2 | |||
| Annual Yield | 0.01 % | |||
| Net Asset | 259.71 B | |||
| Last Dividend Paid | 40.0 |
About Histeel Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Histeel's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Histeel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Histeel 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 Histeel
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 Histeel 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 Histeel will appreciate offsetting losses from the drop in the long position's value.Moving together with Histeel Stock
| 0.68 | 051910 | LG Chemicals | PairCorr |
| 0.62 | 005490 | POSCO Holdings | PairCorr |
| 0.61 | 009830 | Hanwha Solutions | PairCorr |
| 0.71 | 004020 | Hyundai Steel | PairCorr |
Moving against Histeel Stock
The ability to find closely correlated positions to Histeel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Histeel 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 Histeel - 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 Histeel to buy it.
The correlation of Histeel 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 Histeel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Histeel 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 Histeel 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 Histeel Stock
Histeel financial ratios help investors to determine whether Histeel 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 Histeel with respect to the benefits of owning Histeel security.