Dogness International Corp Stock Beta
| DOGZ Stock | USD 44.61 1.19 2.60% |
Dogness International Corp fundamentals help investors to digest information that contributes to Dogness International's financial success or failures. It also enables traders to predict the movement of Dogness Stock. The fundamental analysis module provides a way to measure Dogness International'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 Dogness International stock.
Dogness | Beta |
Dogness International Corp Company Beta Analysis
Dogness International'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.
Current Dogness International Beta | 1.22 |
Most of Dogness International'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, Dogness International Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Dogness Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Dogness International is extremely important. It helps to project a fair market value of Dogness Stock properly, considering its historical fundamentals such as Beta. Since Dogness International'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 Dogness International'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 Dogness International's interrelated accounts and indicators.
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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 |
In accordance with the recently published financial statements, Dogness International Corp has a Beta of 1.221. This is 45.36% higher than that of the Textiles, Apparel & Luxury Goods sector and 29.89% higher than that of the Consumer Discretionary industry. The beta for all United States stocks is notably lower than that of the firm.
Dogness Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Dogness International'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 Dogness International could also be used in its relative valuation, which is a method of valuing Dogness International by comparing valuation metrics of similar companies.Dogness International is currently under evaluation in beta category among its peers.
Dogness International Current Valuation Drivers
We derive many important indicators used in calculating different scores of Dogness International from analyzing Dogness International's financial statements. These drivers represent accounts that assess Dogness International's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Dogness International's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 278.9M | 426.1M | 385.1M | 155.1M | 182.8M | 173.7M | |
| Enterprise Value | 284.3M | 432.5M | 376.6M | 169.1M | 194.6M | 373.9M |
Dogness International 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, Dogness International's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Dogness International's managers, analysts, and investors.Environmental | Governance | Social |
Dogness International Institutional Holders
Institutional Holdings refers to the ownership stake in Dogness International that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Dogness International'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 Dogness International's value.| Shares | Citadel Advisors Llc | 2024-06-30 | 11.1 K | Ubs Group Ag | 2024-06-30 | 2.3 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 1.7 K | Royal Bank Of Canada | 2024-06-30 | 1.2 K | Tower Research Capital Llc | 2024-06-30 | 100.0 | Renaissance Technologies Corp | 2024-06-30 | 0.0 |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Dogness International will likely underperform.
Dogness Fundamentals
| Return On Equity | -0.0793 | ||||
| Return On Asset | -0.0409 | ||||
| Profit Margin | (0.41) % | ||||
| Operating Margin | (0.35) % | ||||
| Current Valuation | 594.89 M | ||||
| Shares Outstanding | 3.66 M | ||||
| Shares Owned By Insiders | 55.30 % | ||||
| Shares Owned By Institutions | 3.02 % | ||||
| Number Of Shares Shorted | 361.07 K | ||||
| Price To Earning | 28.83 X | ||||
| Price To Book | 7.63 X | ||||
| Price To Sales | 38.25 X | ||||
| Revenue | 14.85 M | ||||
| Gross Profit | 3.66 M | ||||
| EBITDA | (2.5 M) | ||||
| Net Income | (6.06 M) | ||||
| Cash And Equivalents | 16.66 M | ||||
| Cash Per Share | 0.42 X | ||||
| Total Debt | 18.78 M | ||||
| Debt To Equity | 0.09 % | ||||
| Current Ratio | 3.60 X | ||||
| Book Value Per Share | 6.00 X | ||||
| Cash Flow From Operations | 813.83 K | ||||
| Short Ratio | 1.45 X | ||||
| Earnings Per Share | (0.55) X | ||||
| Number Of Employees | 197 | ||||
| Beta | 1.22 | ||||
| Market Capitalization | 567.92 M | ||||
| Total Asset | 99.2 M | ||||
| Retained Earnings | (5.39 M) | ||||
| Working Capital | 4.69 M | ||||
| Current Asset | 16.17 M | ||||
| Current Liabilities | 10.19 M | ||||
| Net Asset | 99.2 M |
About Dogness International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Dogness International Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dogness International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dogness International Corp 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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When running Dogness International's price analysis, check to measure Dogness International'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 Dogness International is operating at the current time. Most of Dogness International's value examination focuses on studying past and present price action to predict the probability of Dogness International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dogness International's price. Additionally, you may evaluate how the addition of Dogness International to your portfolios can decrease your overall portfolio volatility.