The Keg Royalties Stock Current Valuation
| KEG-UN Stock | CAD 15.18 0.09 0.59% |
Valuation analysis of Keg Royalties helps investors to measure Keg Royalties' intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. As of November 23, 2024, Enterprise Value Over EBITDA is expected to decline to 3.61. In addition to that, Enterprise Value Multiple is expected to decline to 3.61. Fundamental drivers impacting Keg Royalties' valuation include:
Price Book 1.6963 | Enterprise Value 184.2 M | Enterprise Value Ebitda 7.6779 | Price Sales 7.562 | Trailing PE 37.0244 |
Overvalued
Today
Please note that Keg Royalties' price fluctuation is very steady at this time. Calculation of the real value of Keg Royalties is based on 3 months time horizon. Increasing Keg Royalties' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Keg Royalties is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Keg Stock. However, Keg Royalties' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 15.18 | Real 12.74 | Hype 15.18 | Naive 15.47 |
The real value of Keg Stock, also known as its intrinsic value, is the underlying worth of Keg Royalties Company, which is reflected in its stock price. It is based on Keg Royalties' financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Keg Royalties' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of The Keg Royalties helps investors to forecast how Keg stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Keg Royalties more accurately as focusing exclusively on Keg Royalties' fundamentals will not take into account other important factors: The Keg Royalties Company Current Valuation Analysis
Keg Royalties' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Keg Royalties Current Valuation | 184.23 M |
Most of Keg Royalties' fundamental indicators, such as Current Valuation, 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, The Keg Royalties is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Keg Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Keg Royalties is extremely important. It helps to project a fair market value of Keg Stock properly, considering its historical fundamentals such as Current Valuation. Since Keg Royalties' 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 Keg Royalties' 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 Keg Royalties' interrelated accounts and indicators.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, The Keg Royalties has a Current Valuation of 184.23 M. This is 98.98% lower than that of the Hotels, Restaurants & Leisure sector and 98.17% lower than that of the Consumer Discretionary industry. The current valuation for all Canada stocks is 98.89% higher than that of the company.
Keg Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Keg Royalties' direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Keg Royalties could also be used in its relative valuation, which is a method of valuing Keg Royalties by comparing valuation metrics of similar companies.Keg Royalties is currently under evaluation in current valuation category among its peers.
Keg Fundamentals
| Return On Equity | 0.043 | ||||
| Return On Asset | 0.0802 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.99 % | ||||
| Current Valuation | 184.23 M | ||||
| Shares Outstanding | 11.35 M | ||||
| Shares Owned By Insiders | 50.00 % | ||||
| Shares Owned By Institutions | 15.11 % | ||||
| Number Of Shares Shorted | 1.55 K | ||||
| Price To Earning | 21.22 X | ||||
| Price To Book | 1.70 X | ||||
| Price To Sales | 7.56 X | ||||
| Revenue | 29.67 M | ||||
| Gross Profit | 21.45 M | ||||
| EBITDA | 44.67 M | ||||
| Net Income | 25.16 M | ||||
| Cash And Equivalents | 2.55 M | ||||
| Cash Per Share | 0.22 X | ||||
| Total Debt | 13.95 M | ||||
| Debt To Equity | 14.90 % | ||||
| Current Ratio | 3.54 X | ||||
| Book Value Per Share | 8.95 X | ||||
| Cash Flow From Operations | 26.86 M | ||||
| Short Ratio | 0.26 X | ||||
| Earnings Per Share | 0.41 X | ||||
| Target Price | 20.5 | ||||
| Beta | 1.37 | ||||
| Market Capitalization | 255.08 M | ||||
| Total Asset | 260.99 M | ||||
| Retained Earnings | (16.44 M) | ||||
| Working Capital | 2.38 M | ||||
| Annual Yield | 0.07 % | ||||
| Five Year Return | 5.68 % | ||||
| Net Asset | 260.99 M | ||||
| Last Dividend Paid | 1.14 |
About Keg Royalties Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze The Keg Royalties's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Keg Royalties using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of The Keg Royalties 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.
Pair Trading with Keg Royalties
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Keg Royalties position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Keg Royalties will appreciate offsetting losses from the drop in the long position's value.Moving together with Keg Stock
Moving against Keg Stock
The ability to find closely correlated positions to Keg Royalties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Keg Royalties when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Keg Royalties - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling The Keg Royalties to buy it.
The correlation of Keg Royalties is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Keg Royalties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Keg Royalties moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Keg Royalties can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Keg Stock
Keg Royalties financial ratios help investors to determine whether Keg Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Keg with respect to the benefits of owning Keg Royalties security.