Primo Water Corp Stock Beta
| GC6 Stock | EUR 22.20 0.00 0.00% |
Primo Water Corp fundamentals help investors to digest information that contributes to Primo Water's financial success or failures. It also enables traders to predict the movement of Primo Stock. The fundamental analysis module provides a way to measure Primo Water'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 Primo Water stock.
Primo |
Primo Water Corp Company Beta Analysis
Primo Water'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 Primo Water Beta | 0.79 |
Most of Primo Water'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, Primo Water Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionIn accordance with the recently published financial statements, Primo Water Corp has a Beta of 0.79. This is 35.77% lower than that of the Consumer Defensive sector and 26.85% lower than that of the Beverages - Soft Drinks industry. The beta for all Germany stocks is notably lower than that of the firm.
Primo Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Primo Water'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 Primo Water could also be used in its relative valuation, which is a method of valuing Primo Water by comparing valuation metrics of similar companies.Primo Water is currently under evaluation in beta category among its peers.
As returns on the market increase, Primo Water's returns are expected to increase less than the market. However, during the bear market, the loss of holding Primo Water is expected to be smaller as well.
Primo Fundamentals
| Current Valuation | 3.84 B | |||
| Price To Earning | 896.77 X | |||
| Price To Book | 1.91 X | |||
| Price To Sales | 1.10 X | |||
| Revenue | 2.22 B | |||
| Gross Profit | 1.23 B | |||
| EBITDA | 361.9 M | |||
| Net Income | 29.6 M | |||
| Cash And Equivalents | 113.4 M | |||
| Cash Per Share | 0.84 X | |||
| Total Debt | 1.28 B | |||
| Debt To Equity | 137.80 % | |||
| Current Ratio | 1.01 X | |||
| Book Value Per Share | 8.65 X | |||
| Cash Flow From Operations | 281.6 M | |||
| Price To Earnings To Growth | 0.79 X | |||
| Number Of Employees | 11.58 K | |||
| Beta | 0.79 | |||
| Market Capitalization | 1.91 B | |||
| Total Asset | 3.67 B | |||
| Z Score | 0.6 | |||
| Annual Yield | 0.02 % | |||
| Five Year Return | 1.97 % | |||
| Net Asset | 3.67 B | |||
| Last Dividend Paid | 0.24 |
About Primo Water Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Primo Water Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Primo Water using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Primo Water 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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Additional Information and Resources on Investing in Primo Stock
When determining whether Primo Water Corp is a strong investment it is important to analyze Primo Water's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Primo Water's future performance. For an informed investment choice regarding Primo Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.