Origin Materials Stock Beta
| ORGN Stock | USD 1.24 0.05 4.20% |
Origin Materials fundamentals help investors to digest information that contributes to Origin Materials' financial success or failures. It also enables traders to predict the movement of Origin Stock. The fundamental analysis module provides a way to measure Origin Materials' 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 Origin Materials stock.
Origin | Beta |
Origin Materials Company Beta Analysis
Origin Materials' 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 Origin Materials Beta | 1.01 |
Most of Origin Materials' 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, Origin Materials is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Origin Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Origin Materials is extremely important. It helps to project a fair market value of Origin Stock properly, considering its historical fundamentals such as Beta. Since Origin Materials' 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 Origin Materials' 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 Origin Materials' 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, Origin Materials has a Beta of 1.01. This is 16.09% higher than that of the Mortgage Real Estate Investment Trusts (REITs) sector and 27.86% lower than that of the Financials industry. The beta for all United States stocks is notably lower than that of the firm.
Origin Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Origin Materials' 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 Origin Materials could also be used in its relative valuation, which is a method of valuing Origin Materials by comparing valuation metrics of similar companies.Origin Materials is currently under evaluation in beta category among its peers.
Origin Materials Institutional Holders
Institutional Holdings refers to the ownership stake in Origin Materials that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Origin Materials' 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 Origin Materials' value.| Shares | Amvescap Plc. | 2024-06-30 | 602.7 K | State Street Corp | 2024-06-30 | 470.2 K | Bank Of America Corp | 2024-06-30 | 466.4 K | Royal Bank Of Canada | 2024-06-30 | 459.2 K | Jane Street Group Llc | 2024-06-30 | 395.1 K | Renaissance Technologies Corp | 2024-09-30 | 392.5 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 391.4 K | Citadel Advisors Llc | 2024-09-30 | 363.5 K | Citigroup Inc | 2024-09-30 | 336.4 K | Vanguard Group Inc | 2024-09-30 | 5.7 M | Blackrock Inc | 2024-06-30 | 2.5 M |
Origin Materials returns are very sensitive to returns on the market. As the market goes up or down, Origin Materials is expected to follow.
Origin Fundamentals
| Return On Equity | -0.033 | ||||
| Return On Asset | -0.0889 | ||||
| Profit Margin | (0.38) % | ||||
| Operating Margin | (2.60) % | ||||
| Current Valuation | 77.71 M | ||||
| Shares Outstanding | 146.25 M | ||||
| Shares Owned By Insiders | 17.82 % | ||||
| Shares Owned By Institutions | 17.69 % | ||||
| Number Of Shares Shorted | 3.9 M | ||||
| Price To Earning | 10.24 X | ||||
| Price To Book | 0.51 X | ||||
| Price To Sales | 5.32 X | ||||
| Revenue | 28.8 M | ||||
| Gross Profit | (3.68 K) | ||||
| EBITDA | 26.82 M | ||||
| Net Income | 23.8 M | ||||
| Cash And Equivalents | 406.14 M | ||||
| Cash Per Share | 2.95 X | ||||
| Total Debt | 9.76 M | ||||
| Debt To Equity | 0.04 % | ||||
| Current Ratio | 43.25 X | ||||
| Book Value Per Share | 2.99 X | ||||
| Cash Flow From Operations | (60.35 M) | ||||
| Short Ratio | 5.59 X | ||||
| Earnings Per Share | (0.57) X | ||||
| Target Price | 2.5 | ||||
| Number Of Employees | 162 | ||||
| Beta | 1.01 | ||||
| Market Capitalization | 181.35 M | ||||
| Total Asset | 461.83 M | ||||
| Retained Earnings | 45.57 M | ||||
| Working Capital | 174.25 M | ||||
| Five Year Return | 252.92 % | ||||
| Net Asset | 461.83 M |
About Origin Materials Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Origin Materials's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Origin Materials using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Origin Materials 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.
When determining whether Origin Materials offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Origin Materials' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Origin Materials Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Origin Materials Stock: Check out Origin Materials Piotroski F Score and Origin Materials Altman Z Score analysis. To learn how to invest in Origin Stock, please use our How to Invest in Origin Materials guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Mortgage Real Estate Investment Trusts (REITs) space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Origin Materials. If investors know Origin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Origin Materials listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.667 | Earnings Share (0.57) | Revenue Per Share 0.241 | Quarterly Revenue Growth 0.02 | Return On Assets (0.09) |
The market value of Origin Materials is measured differently than its book value, which is the value of Origin that is recorded on the company's balance sheet. Investors also form their own opinion of Origin Materials' value that differs from its market value or its book value, called intrinsic value, which is Origin Materials' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Origin Materials' market value can be influenced by many factors that don't directly affect Origin Materials' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Origin Materials' value and its price as these two are different measures arrived at by different means. Investors typically determine if Origin Materials is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Origin Materials' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.