Daebo Magnetic Coltd Stock Price To Earnings To Growth
| 290670 Stock | KRW 12,670 740.00 5.52% |
Daebo Magnetic CoLtd fundamentals help investors to digest information that contributes to Daebo Magnetic's financial success or failures. It also enables traders to predict the movement of Daebo Stock. The fundamental analysis module provides a way to measure Daebo Magnetic'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 Daebo Magnetic stock.
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Daebo Magnetic CoLtd Company Price To Earnings To Growth Analysis
Daebo Magnetic's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
| Competition |
Based on the latest financial disclosure, Daebo Magnetic CoLtd has a Price To Earnings To Growth of 0.0 times. This is 100.0% lower than that of the Industrials sector and about the same as Machinery, Tools, Heavy Vehicles, Trains & Ships (which currently averages 0.0) industry. The price to earnings to growth for all Republic of Korea stocks is 100.0% higher than that of the company.
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Daebo Fundamentals
| Return On Equity | 24.09 | |||
| Return On Asset | -0.0095 | |||
| Profit Margin | (0.04) % | |||
| Operating Margin | (0.06) % | |||
| Current Valuation | 797.35 B | |||
| Shares Outstanding | 3.23 M | |||
| Shares Owned By Insiders | 58.53 % | |||
| Shares Owned By Institutions | 1.15 % | |||
| Price To Sales | 5.81 X | |||
| Revenue | 42.92 B | |||
| Gross Profit | 3.59 B | |||
| EBITDA | (485.74 M) | |||
| Net Income | 5.05 B | |||
| Cash And Equivalents | 8.78 B | |||
| Total Debt | 283.34 M | |||
| Debt To Equity | 0.13 % | |||
| Current Ratio | 2.43 X | |||
| Cash Flow From Operations | 1.72 B | |||
| Target Price | 74500.0 | |||
| Beta | 0.93 | |||
| Market Capitalization | 214.32 B | |||
| Total Asset | 69.23 B | |||
| Net Asset | 69.23 B |
About Daebo Magnetic Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Daebo Magnetic CoLtd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Daebo Magnetic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Daebo Magnetic 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 Daebo Magnetic
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 Daebo Magnetic 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 Daebo Magnetic will appreciate offsetting losses from the drop in the long position's value.Moving together with Daebo Stock
Moving against Daebo Stock
| 0.66 | 032830 | Samsung Life | PairCorr |
| 0.54 | 105560 | KB Financial Group | PairCorr |
| 0.44 | 316140 | Woori Financial Group | PairCorr |
The ability to find closely correlated positions to Daebo Magnetic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Daebo Magnetic 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 Daebo Magnetic - 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 Daebo Magnetic CoLtd to buy it.
The correlation of Daebo Magnetic 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 Daebo Magnetic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Daebo Magnetic 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 Daebo Magnetic 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 Daebo Stock
Daebo Magnetic financial ratios help investors to determine whether Daebo 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 Daebo with respect to the benefits of owning Daebo Magnetic security.