Wonik Materials Coltd Stock Fundamentals
| 104830 Stock | 17,480 360.00 2.10% |
WONIK Materials CoLtd fundamentals help investors to digest information that contributes to WONIK Materials' financial success or failures. It also enables traders to predict the movement of WONIK Stock. The fundamental analysis module provides a way to measure WONIK Materials' 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 WONIK Materials stock.
WONIK |
WONIK Materials CoLtd Company Current Valuation Analysis
WONIK Materials' 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 WONIK Materials Current Valuation | 416.28 B |
Most of WONIK Materials' 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, WONIK Materials CoLtd 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, WONIK Materials CoLtd has a Current Valuation of 416.28 B. This is much higher than that of the Chemicals sector and significantly higher than that of the Materials industry. The current valuation for all Republic of Korea stocks is significantly lower than that of the firm.
WONIK Materials CoLtd Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining WONIK Materials's current stock value. Our valuation model uses many indicators to compare WONIK Materials value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across WONIK Materials competition to find correlations between indicators driving WONIK Materials's intrinsic value. More Info.WONIK Materials CoLtd is number one stock in return on equity category among its peers. It is rated third in return on asset category among its peers . The ratio of Return On Equity to Return On Asset for WONIK Materials CoLtd is about 214.84 . Comparative valuation analysis is a catch-all model that can be used if you cannot value WONIK Materials by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for WONIK Materials' 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.WONIK Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses WONIK Materials' direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of WONIK Materials could also be used in its relative valuation, which is a method of valuing WONIK Materials by comparing valuation metrics of similar companies.WONIK Materials is currently under evaluation in current valuation category among its peers.
WONIK Fundamentals
| Return On Equity | 14.95 | |||
| Return On Asset | 0.0696 | |||
| Profit Margin | 0.20 % | |||
| Operating Margin | 0.16 % | |||
| Current Valuation | 416.28 B | |||
| Shares Outstanding | 12.61 M | |||
| Shares Owned By Insiders | 45.69 % | |||
| Shares Owned By Institutions | 35.38 % | |||
| Price To Sales | 1.08 X | |||
| Revenue | 310.73 B | |||
| Gross Profit | 85.2 B | |||
| EBITDA | 70.48 B | |||
| Net Income | 52.8 B | |||
| Cash And Equivalents | 44.86 B | |||
| Total Debt | 402.89 M | |||
| Cash Flow From Operations | 59.02 B | |||
| Target Price | 45000.0 | |||
| Number Of Employees | 444 | |||
| Beta | 0.96 | |||
| Market Capitalization | 371.31 B | |||
| Total Asset | 462.93 B | |||
| Annual Yield | 0.01 % | |||
| Net Asset | 462.93 B |
About WONIK Materials Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze WONIK Materials CoLtd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WONIK Materials using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WONIK Materials CoLtd 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 WONIK Materials
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 WONIK Materials 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 WONIK Materials will appreciate offsetting losses from the drop in the long position's value.Moving together with WONIK Stock
| 0.78 | 051910 | LG Chemicals | PairCorr |
| 0.87 | 005490 | POSCO Holdings | PairCorr |
| 0.96 | 009830 | Hanwha Solutions | PairCorr |
| 0.63 | 011170 | Lotte Chemical Corp | PairCorr |
| 0.75 | 004020 | Hyundai Steel | PairCorr |
Moving against WONIK Stock
The ability to find closely correlated positions to WONIK Materials could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WONIK Materials 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 WONIK Materials - 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 WONIK Materials CoLtd to buy it.
The correlation of WONIK Materials 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 WONIK Materials moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WONIK Materials CoLtd 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 WONIK Materials 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 WONIK Stock
WONIK Materials financial ratios help investors to determine whether WONIK 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 WONIK with respect to the benefits of owning WONIK Materials security.