Nordic Waterproofing Holding Stock Beta
| NWG Stock | SEK 175.60 0.20 0.11% |
Nordic Waterproofing Holding fundamentals help investors to digest information that contributes to Nordic Waterproofing's financial success or failures. It also enables traders to predict the movement of Nordic Stock. The fundamental analysis module provides a way to measure Nordic Waterproofing'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 Nordic Waterproofing stock.
Nordic |
Nordic Waterproofing Holding Company Beta Analysis
Nordic Waterproofing'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 Nordic Waterproofing Beta | 1.07 |
Most of Nordic Waterproofing'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, Nordic Waterproofing Holding 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.
| Competition |
In accordance with the recently published financial statements, Nordic Waterproofing Holding has a Beta of 1.0688. This is 22.85% higher than that of the Basic Materials sector and 25.26% lower than that of the Building Materials industry. The beta for all Sweden stocks is notably lower than that of the firm.
Nordic Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nordic Waterproofing'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 Nordic Waterproofing could also be used in its relative valuation, which is a method of valuing Nordic Waterproofing by comparing valuation metrics of similar companies.Nordic Waterproofing is regarded fifth in beta category among its peers.
Nordic Waterproofing returns are very sensitive to returns on the market. As the market goes up or down, Nordic Waterproofing is expected to follow.
Nordic Fundamentals
| Return On Equity | 0.21 | |||
| Return On Asset | 0.0718 | |||
| Profit Margin | 0.08 % | |||
| Operating Margin | 0.09 % | |||
| Current Valuation | 4.55 B | |||
| Shares Outstanding | 24 M | |||
| Shares Owned By Insiders | 27.81 % | |||
| Shares Owned By Institutions | 47.00 % | |||
| Price To Earning | 12.74 X | |||
| Price To Book | 2.11 X | |||
| Price To Sales | 0.86 X | |||
| Revenue | 3.66 B | |||
| Gross Profit | 1.18 B | |||
| EBITDA | 492.4 M | |||
| Net Income | 381.7 M | |||
| Cash And Equivalents | 80.1 M | |||
| Cash Per Share | 3.35 X | |||
| Total Debt | 751.1 M | |||
| Debt To Equity | 87.60 % | |||
| Current Ratio | 1.79 X | |||
| Book Value Per Share | 72.35 X | |||
| Cash Flow From Operations | 219.5 M | |||
| Earnings Per Share | 13.79 X | |||
| Target Price | 184.0 | |||
| Number Of Employees | 1.37 K | |||
| Beta | 1.07 | |||
| Market Capitalization | 4.07 B | |||
| Total Asset | 3.16 B | |||
| Z Score | 4.0 | |||
| Annual Yield | 0.04 % | |||
| Net Asset | 3.16 B | |||
| Last Dividend Paid | 7.0 |
About Nordic Waterproofing Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nordic Waterproofing Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nordic Waterproofing using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nordic Waterproofing Holding 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 Tools for Nordic Stock Analysis
When running Nordic Waterproofing's price analysis, check to measure Nordic Waterproofing'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 Nordic Waterproofing is operating at the current time. Most of Nordic Waterproofing's value examination focuses on studying past and present price action to predict the probability of Nordic Waterproofing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordic Waterproofing's price. Additionally, you may evaluate how the addition of Nordic Waterproofing to your portfolios can decrease your overall portfolio volatility.