European Wax Center Stock Beta
| EWCZ Stock | USD 5.89 0.18 3.15% |
European Wax Center fundamentals help investors to digest information that contributes to European Wax's financial success or failures. It also enables traders to predict the movement of European Stock. The fundamental analysis module provides a way to measure European Wax'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 European Wax stock.
European | Beta |
European Wax Center Company Beta Analysis
European Wax'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 European Wax Beta | 1.23 |
Most of European Wax'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, European Wax Center is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
European Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for European Wax is extremely important. It helps to project a fair market value of European Stock properly, considering its historical fundamentals such as Beta. Since European Wax'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 European Wax'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 European Wax's interrelated accounts and indicators.
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 |
In accordance with the recently published financial statements, European Wax Center has a Beta of 1.231. This indicator is about the same for the Diversified Consumer Services average (which is currently at 1.23) sector and about the same as Consumer Discretionary (which currently averages 1.23) industry. The beta for all United States stocks is notably lower than that of the firm.
European Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses European Wax'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 European Wax could also be used in its relative valuation, which is a method of valuing European Wax by comparing valuation metrics of similar companies.European Wax is currently under evaluation in beta category among its peers.
European Wax 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, European Wax's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to European Wax's managers, analysts, and investors.Environmental | Governance | Social |
European Wax Institutional Holders
Institutional Holdings refers to the ownership stake in European Wax that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of European Wax'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 European Wax's value.| Shares | Geode Capital Management, Llc | 2024-06-30 | 789.9 K | Bank Of New York Mellon Corp | 2024-06-30 | 745.3 K | State Street Corp | 2024-06-30 | 726.5 K | Millennium Management Llc | 2024-06-30 | 539 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 536.7 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 455.3 K | Lionstone Capital Management Llc | 2024-09-30 | 448 K | Woodson Capital Management, Lp | 2024-09-30 | 400 K | Marshall Wace Asset Management Ltd | 2024-06-30 | 329.7 K | General Atlantic Llc | 2024-09-30 | 13.1 M | Massachusetts Financial Services Company | 2024-09-30 | 3.3 M |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, European Wax will likely underperform.
European Fundamentals
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0428 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.24 % | ||||
| Current Valuation | 596.41 M | ||||
| Shares Outstanding | 44.76 M | ||||
| Shares Owned By Insiders | 0.73 % | ||||
| Shares Owned By Institutions | 97.69 % | ||||
| Number Of Shares Shorted | 2.27 M | ||||
| Price To Book | 3.82 X | ||||
| Price To Sales | 1.50 X | ||||
| Revenue | 221.02 M | ||||
| Gross Profit | 148.12 M | ||||
| EBITDA | 65.03 M | ||||
| Net Income | 8.93 M | ||||
| Cash And Equivalents | 31.19 M | ||||
| Cash Per Share | 0.79 X | ||||
| Total Debt | 380.39 M | ||||
| Debt To Equity | 2.84 % | ||||
| Current Ratio | 2.57 X | ||||
| Book Value Per Share | 1.72 X | ||||
| Cash Flow From Operations | 55.6 M | ||||
| Short Ratio | 6.74 X | ||||
| Earnings Per Share | 0.23 X | ||||
| Price To Earnings To Growth | 0.32 X | ||||
| Target Price | 8.5 | ||||
| Number Of Employees | 120 | ||||
| Beta | 1.23 | ||||
| Market Capitalization | 335.39 M | ||||
| Total Asset | 735.73 M | ||||
| Retained Earnings | (109.51 M) | ||||
| Working Capital | 57.67 M | ||||
| Net Asset | 735.73 M |
About European Wax Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze European Wax Center's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of European Wax using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of European Wax Center 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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for European Stock Analysis
When running European Wax's price analysis, check to measure European Wax'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 European Wax is operating at the current time. Most of European Wax's value examination focuses on studying past and present price action to predict the probability of European Wax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move European Wax's price. Additionally, you may evaluate how the addition of European Wax to your portfolios can decrease your overall portfolio volatility.