Finlay Minerals Stock Beta
| FYL Stock | CAD 0.03 0.00 0.00% |
Finlay Minerals fundamentals help investors to digest information that contributes to Finlay Minerals' financial success or failures. It also enables traders to predict the movement of Finlay Stock. The fundamental analysis module provides a way to measure Finlay Minerals' 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 Finlay Minerals stock.
Finlay | Beta |
Finlay Minerals Company Beta Analysis
Finlay Minerals' 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 Finlay Minerals Beta | -0.11 |
Most of Finlay Minerals' 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, Finlay Minerals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Finlay Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Finlay Minerals is extremely important. It helps to project a fair market value of Finlay Stock properly, considering its historical fundamentals such as Beta. Since Finlay Minerals' 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 Finlay Minerals' 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 Finlay Minerals' 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, Finlay Minerals has a Beta of -0.107. This is 112.3% lower than that of the Metals & Mining sector and 109.15% lower than that of the Materials industry. The beta for all Canada stocks is 28.67% lower than that of the firm.
Finlay Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Finlay Minerals' 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 Finlay Minerals could also be used in its relative valuation, which is a method of valuing Finlay Minerals by comparing valuation metrics of similar companies.Finlay Minerals is currently under evaluation in beta category among its peers.
Finlay Minerals Current Valuation Drivers
We derive many important indicators used in calculating different scores of Finlay Minerals from analyzing Finlay Minerals' financial statements. These drivers represent accounts that assess Finlay Minerals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Finlay Minerals' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 3.9M | 10.3M | 9.7M | 11.4M | 10.2M | 10.8M | |
| Enterprise Value | 2.8M | 10.0M | 7.8M | 11.2M | 10.1M | 10.6M |
As returns on the market increase, returns on owning Finlay Minerals are expected to decrease at a much lower rate. During the bear market, Finlay Minerals is likely to outperform the market.
Finlay Fundamentals
| Return On Equity | -0.038 | ||||
| Return On Asset | -0.0243 | ||||
| Current Valuation | 2.98 M | ||||
| Shares Outstanding | 138.11 M | ||||
| Shares Owned By Insiders | 51.69 % | ||||
| Shares Owned By Institutions | 0.25 % | ||||
| Number Of Shares Shorted | 712 | ||||
| Price To Earning | (25.00) X | ||||
| Price To Book | 0.34 X | ||||
| EBITDA | (454.29 K) | ||||
| Net Income | (394.3 K) | ||||
| Cash And Equivalents | 319.17 K | ||||
| Total Debt | 1.73 M | ||||
| Current Ratio | 11.09 X | ||||
| Book Value Per Share | 0.07 X | ||||
| Cash Flow From Operations | (291.1 K) | ||||
| Short Ratio | 0.09 X | ||||
| Beta | -0.11 | ||||
| Market Capitalization | 3.45 M | ||||
| Total Asset | 11.91 M | ||||
| Retained Earnings | (5 M) | ||||
| Working Capital | 656.89 K | ||||
| Net Asset | 11.91 M |
About Finlay Minerals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Finlay Minerals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Finlay Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Finlay Minerals 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.
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Finlay Stock Analysis
When running Finlay Minerals' price analysis, check to measure Finlay Minerals' 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 Finlay Minerals is operating at the current time. Most of Finlay Minerals' value examination focuses on studying past and present price action to predict the probability of Finlay Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Finlay Minerals' price. Additionally, you may evaluate how the addition of Finlay Minerals to your portfolios can decrease your overall portfolio volatility.