Arts Way Manufacturing Co Stock Beta

ARTW Stock

USD 1.66 0.01 0.61%

Arts Way Manufacturing Co fundamentals help investors to digest information that contributes to Arts Way's financial success or failures. It also enables traders to predict the movement of Arts Stock. The fundamental analysis module provides a way to measure Arts Way'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 Arts Way stock.

Short Long Term Debt Total Total Assets

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Arts Way Manufacturing Co Company Beta Analysis

Arts Way's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current Arts Way Beta

0.4

Most of Arts Way's fundamental indicators, such as Beta, 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, Arts Way Manufacturing Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Arts Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Arts Way is extremely important. It helps to project a fair market value of Arts Stock properly, considering its historical fundamentals such as Beta. Since Arts Way's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Arts Way's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Arts Way's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Long Term Debt	Treasury Stock	Common Stock	Property Plant Equipment	Intangible Assets	Net Tangible Assets	Current Deferred Revenue	Long Term Debt Total	Capital Surpluse	Short Long Term Debt	Net Invested Capital	Net Working Capital	Long Term Investments	Capital Stock
Total Assets		0.94	0.85	0.88	0.58	0.87	0.98	0.45	-0.37	0.77	0.76	0.52	0.64	0.38	0.55	-0.17	0.28	-0.14	-0.11	0.39	0.36	0.3	-0.02
Total Stockholder Equity	0.94		0.68	0.98	0.33	0.65	0.92	0.36	-0.61	0.68	0.78	0.37	0.54	0.34	0.7	-0.16	0.22	-0.32	-0.18	0.49	0.51	0.48	-0.26
Net Debt	0.85	0.68		0.57	0.77	0.92	0.8	0.65	-0.03	0.65	0.6	0.61	0.55	0.26	0.25	-0.16	0.22	0.14	-0.02	0.18	0.06	0.03	0.24
Retained Earnings	0.88	0.98	0.57		0.18	0.54	0.88	0.25	-0.7	0.69	0.72	0.21	0.5	0.41	0.78	-0.18	0.29	-0.47	-0.28	0.53	0.6	0.57	-0.4
Net Receivables	0.58	0.33	0.77	0.18		0.82	0.55	0.47	0.4	0.47	0.49	0.78	0.52	0.07	-0.24	-0.33	0.02	0.56	0.26	-0.27	-0.34	-0.47	0.66
Total Liab	0.87	0.65	0.92	0.54	0.82		0.85	0.49	0.06	0.73	0.57	0.62	0.65	0.36	0.2	-0.15	0.31	0.15	0.02	0.16	0.06	-0.02	0.35
Total Current Assets	0.98	0.92	0.8	0.88	0.55	0.85		0.43	-0.39	0.78	0.68	0.42	0.61	0.42	0.6	-0.26	0.34	-0.22	-0.13	0.43	0.43	0.34	0.0
Short Term Debt	0.45	0.36	0.65	0.25	0.47	0.49	0.43		0.1	-0.07	0.36	0.54	0.09	-0.33	0.05	-0.13	-0.39	0.35	0.5	0.02	-0.12	-0.13	0.4
Accounts Payable	-0.37	-0.61	-0.03	-0.7	0.4	0.06	-0.39	0.1		-0.29	-0.17	0.37	-0.07	-0.38	-0.84	0.16	-0.37	0.78	0.49	-0.76	-0.85	-0.89	0.79
Long Term Debt	0.77	0.68	0.65	0.69	0.47	0.73	0.78	-0.07	-0.29		0.52	0.19	0.64	0.72	0.46	-0.23	0.7	-0.33	-0.52	0.25	0.31	0.28	-0.14
Treasury Stock	0.76	0.78	0.6	0.72	0.49	0.57	0.68	0.36	-0.17	0.52		0.75	0.47	-0.06	0.14	-0.02	-0.22	0.19	0.2	-0.08	-0.1	-0.07	0.03
Common Stock	0.52	0.37	0.61	0.21	0.78	0.62	0.42	0.54	0.37	0.19	0.75		0.36	-0.37	-0.38	0.03	-0.48	0.75	0.59	-0.39	-0.52	-0.53	0.6
Property Plant Equipment	0.64	0.54	0.55	0.5	0.52	0.65	0.61	0.09	-0.07	0.64	0.47	0.36		0.64	0.23	-0.16	0.33	-0.04	-0.01	0.17	0.15	0.1	0.08
Intangible Assets	0.38	0.34	0.26	0.41	0.07	0.36	0.42	-0.33	-0.38	0.72	-0.06	-0.37	0.64		0.58	-0.23	0.91	-0.64	-0.69	0.51	0.58	0.52	-0.39
Net Tangible Assets	0.55	0.7	0.25	0.78	-0.24	0.2	0.6	0.05	-0.84	0.46	0.14	-0.38	0.23	0.58		-0.13	0.56	-0.86	-0.58	0.85	0.93	0.88	-0.66
Current Deferred Revenue	-0.17	-0.16	-0.16	-0.18	-0.33	-0.15	-0.26	-0.13	0.16	-0.23	-0.02	0.03	-0.16	-0.23	-0.13		-0.2	0.09	0.05	0.03	-0.14	-0.06	-0.15
Long Term Debt Total	0.28	0.22	0.22	0.29	0.02	0.31	0.34	-0.39	-0.37	0.7	-0.22	-0.48	0.33	0.91	0.56	-0.2		-0.67	-0.83	0.53	0.59	0.54	-0.38
Capital Surpluse	-0.14	-0.32	0.14	-0.47	0.56	0.15	-0.22	0.35	0.78	-0.33	0.19	0.75	-0.04	-0.64	-0.86	0.09	-0.67		0.73	-0.77	-0.88	-0.87	0.81
Short Long Term Debt	-0.11	-0.18	-0.02	-0.28	0.26	0.02	-0.13	0.5	0.49	-0.52	0.2	0.59	-0.01	-0.69	-0.58	0.05	-0.83	0.73		-0.46	-0.59	-0.55	0.65
Net Invested Capital	0.39	0.49	0.18	0.53	-0.27	0.16	0.43	0.02	-0.76	0.25	-0.08	-0.39	0.17	0.51	0.85	0.03	0.53	-0.77	-0.46		0.93	0.89	-0.6
Net Working Capital	0.36	0.51	0.06	0.6	-0.34	0.06	0.43	-0.12	-0.85	0.31	-0.1	-0.52	0.15	0.58	0.93	-0.14	0.59	-0.88	-0.59	0.93		0.92	-0.66
Long Term Investments	0.3	0.48	0.03	0.57	-0.47	-0.02	0.34	-0.13	-0.89	0.28	-0.07	-0.53	0.1	0.52	0.88	-0.06	0.54	-0.87	-0.55	0.89	0.92		-0.72
Capital Stock	-0.02	-0.26	0.24	-0.4	0.66	0.35	0.0	0.4	0.79	-0.14	0.03	0.6	0.08	-0.39	-0.66	-0.15	-0.38	0.81	0.65	-0.6	-0.66	-0.72

Click cells to compare fundamentals

In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict Arts Way

In accordance with the recently published financial statements, Arts Way Manufacturing Co has a Beta of 0.4. This is 70.8% lower than that of the Machinery sector and significantly higher than that of the Industrials industry. The beta for all United States stocks is notably lower than that of the firm.

Arts Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Arts Way's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Arts Way could also be used in its relative valuation, which is a method of valuing Arts Way by comparing valuation metrics of similar companies.

Arts Way is currently under evaluation in beta category among its peers.

Arts Way Current Valuation Drivers

We derive many important indicators used in calculating different scores of Arts Way from analyzing Arts Way's financial statements. These drivers represent accounts that assess Arts Way's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Arts Way's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	10.9M	16.0M	9.1M	10.3M	5.3M	5.0M
Enterprise Value	16.1M	23.0M	16.9M	18.4M	9.3M	14.8M

Arts Way Institutional Holders

Institutional Holdings refers to the ownership stake in Arts Way that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Arts Way's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Arts Way's value.

		Shares
Bank Of America Corp	2024-06-30	33.0
Wells Fargo & Co	2024-06-30	0.0
Jpmorgan Chase & Co	2024-06-30	0.0
Renaissance Technologies Corp	2024-09-30	49.4 K
Shufro Rose & Co Llc	2024-06-30	21.9 K
Dimensional Fund Advisors, Inc.	2024-09-30	21.1 K
Susquehanna International Group, Llp	2024-06-30	18 K
Geode Capital Management, Llc	2024-09-30	14 K
State Street Corp	2024-06-30	12.1 K
Vanguard Group Inc	2024-09-30	10.2 K
Ubs Group Ag	2024-06-30	5.1 K

As returns on the market increase, Arts Way's returns are expected to increase less than the market. However, during the bear market, the loss of holding Arts Way is expected to be smaller as well.

Arts Fundamentals

	Return On Equity	-0.0505
	Return On Asset	7.0E-4
	Profit Margin	(0.03) %
	Operating Margin	0.03 %
	Current Valuation	15.66 M
	Shares Outstanding	5.03 M
	Shares Owned By Insiders	53.43 %
	Shares Owned By Institutions	3.27 %
	Number Of Shares Shorted	21.42 K
	Price To Earning	34.05 X
	Price To Book	0.75 X
	Price To Sales	0.33 X
	Revenue	30.28 M
	Gross Profit	7.31 M
	EBITDA	2.48 M
	Net Income	762.79 K
	Cash And Equivalents	4.14 K
	Total Debt	8.15 M
	Debt To Equity	0.78 %
	Current Ratio	1.46 X
	Book Value Per Share	2.22 X
	Cash Flow From Operations	(55.19 K)
	Short Ratio	0.70 X
	Earnings Per Share	(0.11) X
	Target Price	7.0
	Number Of Employees	93
	Beta	0.4
	Market Capitalization	8.3 M
	Total Asset	24.4 M
	Retained Earnings	7.02 M
	Working Capital	5.69 M
	Current Asset	19.21 M
	Current Liabilities	7.71 M
	Five Year Return	1.21 %
	Net Asset	24.4 M

About Arts Way Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Arts Way Manufacturing Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Arts Way using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Arts Way Manufacturing Co 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.

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Additional Tools for Arts Stock Analysis

When running Arts Way's price analysis, check to measure Arts Way'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 Arts Way is operating at the current time. Most of Arts Way's value examination focuses on studying past and present price action to predict the probability of Arts Way's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arts Way's price. Additionally, you may evaluate how the addition of Arts Way to your portfolios can decrease your overall portfolio volatility.

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