Core Molding Technologies Stock Beta

CMT Stock

USD 17.38 0.50 2.96%

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

Short Long Term Debt Total Total Assets

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Core Molding Technologies Company Beta Analysis

Core Molding'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 Core Molding Beta

1.69

Most of Core Molding'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, Core Molding Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Core Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Core Molding is extremely important. It helps to project a fair market value of Core Stock properly, considering its historical fundamentals such as Beta. Since Core Molding'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 Core Molding'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 Core Molding's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Long Term Debt	Property Plant Equipment	Good Will	Intangible Assets	Current Deferred Revenue	Treasury Stock	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Accumulated Depreciation	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.71	0.41	0.71	0.92	0.85	0.84	0.72	0.24	0.16	0.42	0.96	0.79	0.12	-0.06	-0.61	0.52	0.61	0.87	0.09	0.31	0.28	-0.79	0.74	-0.24	0.37
Total Stockholder Equity	0.71		-0.1	0.99	0.59	0.58	0.44	0.96	-0.02	-0.25	0.16	0.74	0.7	0.0	-0.15	-0.41	0.73	0.38	0.81	0.2	0.61	-0.02	-0.65	0.72	-0.01	0.76
Net Debt	0.41	-0.1		-0.14	0.56	0.47	0.8	0.05	0.51	0.3	0.58	0.2	0.58	0.37	0.13	-0.36	-0.45	0.54	0.2	-0.36	-0.18	0.52	-0.63	0.48	-0.56	-0.03
Retained Earnings	0.71	0.99	-0.14		0.55	0.56	0.4	0.93	-0.02	-0.35	0.1	0.77	0.64	0.02	-0.17	-0.44	0.7	0.35	0.75	0.26	0.54	-0.01	-0.59	0.64	-0.01	0.66
Accounts Payable	0.92	0.59	0.56	0.55		0.86	0.89	0.65	0.21	0.31	0.57	0.79	0.82	0.19	-0.03	-0.6	0.44	0.68	0.83	-0.17	0.25	0.23	-0.83	0.79	-0.24	0.44
Net Receivables	0.85	0.58	0.47	0.56	0.86		0.77	0.66	0.08	0.16	0.51	0.79	0.67	0.18	0.16	-0.39	0.47	0.66	0.71	0.1	0.34	0.09	-0.66	0.75	-0.01	0.36
Total Liab	0.84	0.44	0.8	0.4	0.89	0.77		0.55	0.45	0.26	0.61	0.67	0.88	0.18	0.1	-0.59	0.07	0.69	0.68	-0.15	0.15	0.47	-0.9	0.78	-0.5	0.33
Total Current Assets	0.72	0.96	0.05	0.93	0.65	0.66	0.55		0.01	-0.16	0.31	0.69	0.78	-0.02	0.01	-0.33	0.65	0.5	0.81	0.13	0.68	0.0	-0.72	0.83	0.0	0.81
Short Term Debt	0.24	-0.02	0.51	-0.02	0.21	0.08	0.45	0.01		0.04	-0.28	0.2	0.28	0.04	0.11	-0.3	-0.28	-0.26	0.14	-0.1	-0.1	0.99	-0.36	0.15	-0.9	-0.04
Common Stock	0.16	-0.25	0.3	-0.35	0.31	0.16	0.26	-0.16	0.04		0.38	0.01	0.11	-0.13	0.06	0.06	0.11	0.2	0.25	-0.13	0.04	0.05	-0.14	0.11	0.02	-0.05
Long Term Debt	0.42	0.16	0.58	0.1	0.57	0.51	0.61	0.31	-0.28	0.38		0.2	0.58	0.25	-0.06	-0.19	-0.02	0.95	0.33	-0.23	0.12	-0.26	-0.54	0.61	0.18	0.19
Property Plant Equipment	0.96	0.74	0.2	0.77	0.79	0.79	0.67	0.69	0.2	0.01	0.2		0.63	0.1	-0.09	-0.56	0.61	0.44	0.82	0.26	0.32	0.25	-0.63	0.6	-0.17	0.31
Good Will	0.79	0.7	0.58	0.64	0.82	0.67	0.88	0.78	0.28	0.11	0.58	0.63		0.19	0.0	-0.48	0.25	0.69	0.83	-0.23	0.46	0.27	-0.99	0.92	-0.37	0.69
Intangible Assets	0.12	0.0	0.37	0.02	0.19	0.18	0.18	-0.02	0.04	-0.13	0.25	0.1	0.19		-0.3	-0.14	-0.13	0.26	0.03	-0.33	-0.09	0.05	-0.19	0.21	-0.06	-0.1
Current Deferred Revenue	-0.06	-0.15	0.13	-0.17	-0.03	0.16	0.1	0.01	0.11	0.06	-0.06	-0.09	0.0	-0.3		0.32	-0.2	-0.06	-0.02	-0.05	0.17	0.06	0.0	0.04	0.0	0.1
Treasury Stock	-0.61	-0.41	-0.36	-0.44	-0.6	-0.39	-0.59	-0.33	-0.3	0.06	-0.19	-0.56	-0.48	-0.14	0.32		-0.11	-0.29	-0.38	-0.15	0.4	-0.34	0.52	-0.24	0.56	-0.06
Net Tangible Assets	0.52	0.73	-0.45	0.7	0.44	0.47	0.07	0.65	-0.28	0.11	-0.02	0.61	0.25	-0.13	-0.2	-0.11		0.13	0.69	0.29	0.59	-0.27	-0.21	0.39	0.38	0.52
Long Term Debt Total	0.61	0.38	0.54	0.35	0.68	0.66	0.69	0.5	-0.26	0.2	0.95	0.44	0.69	0.26	-0.06	-0.29	0.13		0.49	-0.16	0.23	-0.24	-0.64	0.73	0.17	0.28
Capital Surpluse	0.87	0.81	0.2	0.75	0.83	0.71	0.68	0.81	0.14	0.25	0.33	0.82	0.83	0.03	-0.02	-0.38	0.69	0.49		-0.06	0.63	0.14	-0.82	0.81	-0.14	0.71
Deferred Long Term Liab	0.09	0.2	-0.36	0.26	-0.17	0.1	-0.15	0.13	-0.1	-0.13	-0.23	0.26	-0.23	-0.33	-0.05	-0.15	0.29	-0.16	-0.06		-0.09	-0.06	0.28	-0.23	0.13	-0.17
Accumulated Depreciation	0.31	0.61	-0.18	0.54	0.25	0.34	0.15	0.68	-0.1	0.04	0.12	0.32	0.46	-0.09	0.17	0.4	0.59	0.23	0.63	-0.09		-0.14	-0.4	0.65	0.3	0.76
Short Long Term Debt	0.28	-0.02	0.52	-0.01	0.23	0.09	0.47	0.0	0.99	0.05	-0.26	0.25	0.27	0.05	0.06	-0.34	-0.27	-0.24	0.14	-0.06	-0.14		-0.36	0.14	-0.9	-0.09
Cash And Equivalents	-0.79	-0.65	-0.63	-0.59	-0.83	-0.66	-0.9	-0.72	-0.36	-0.14	-0.54	-0.63	-0.99	-0.19	0.0	0.52	-0.21	-0.64	-0.82	0.28	-0.4	-0.36		-0.89	0.46	-0.64
Net Invested Capital	0.74	0.72	0.48	0.64	0.79	0.75	0.78	0.83	0.15	0.11	0.61	0.6	0.92	0.21	0.04	-0.24	0.39	0.73	0.81	-0.23	0.65	0.14	-0.89		-0.1	0.72
Net Working Capital	-0.24	-0.01	-0.56	-0.01	-0.24	-0.01	-0.5	0.0	-0.9	0.02	0.18	-0.17	-0.37	-0.06	0.0	0.56	0.38	0.17	-0.14	0.13	0.3	-0.9	0.46	-0.1		0.0
Capital Stock	0.37	0.76	-0.03	0.66	0.44	0.36	0.33	0.81	-0.04	-0.05	0.19	0.31	0.69	-0.1	0.1	-0.06	0.52	0.28	0.71	-0.17	0.76	-0.09	-0.64	0.72	0.0

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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 Core Molding

In accordance with the recently published financial statements, Core Molding Technologies has a Beta of 1.691. This is 94.37% higher than that of the Chemicals sector and 53.73% higher than that of the Materials industry. The beta for all United States stocks is notably lower than that of the firm.

Core Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Core Molding'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 Core Molding could also be used in its relative valuation, which is a method of valuing Core Molding by comparing valuation metrics of similar companies.

Core Molding is currently under evaluation in beta category among its peers.

Core Molding ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Core Molding's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Core Molding's managers, analysts, and investors.

Environmental

Governance

Social

As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Core Molding will likely underperform.

Core Fundamentals

	Return On Equity	0.11
	Return On Asset	0.0537
	Profit Margin	0.05 %
	Operating Margin	0.06 %
	Current Valuation	121.66 M
	Shares Outstanding	8.96 M
	Shares Owned By Insiders	11.12 %
	Shares Owned By Institutions	63.10 %
	Number Of Shares Shorted	172.74 K
	Price To Earning	11.19 X
	Price To Book	0.96 X
	Price To Sales	0.48 X
	Revenue	357.74 M
	Gross Profit	52.4 M
	EBITDA	40.07 M
	Net Income	20.32 M
	Cash And Equivalents	4.18 M
	Cash Per Share	0.01 X
	Total Debt	26.8 M
	Debt To Equity	0.33 %
	Current Ratio	1.42 X
	Book Value Per Share	17.09 X
	Cash Flow From Operations	34.84 M
	Short Ratio	5.38 X
	Earnings Per Share	1.74 X
	Target Price	24.0
	Number Of Employees	1.86 K
	Beta	1.69
	Market Capitalization	151.17 M
	Total Asset	213.38 M
	Retained Earnings	122.07 M
	Working Capital	56.69 M
	Current Asset	62.68 M
	Current Liabilities	31.15 M
	Net Asset	213.38 M

About Core Molding Fundamental Analysis

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

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

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