Modivcare Inc Dl 001 Stock Beta
| PRF0 Stock | EUR 17.50 0.40 2.34% |
MODIVCARE INC DL 001 fundamentals help investors to digest information that contributes to MODIVCARE INC's financial success or failures. It also enables traders to predict the movement of MODIVCARE Stock. The fundamental analysis module provides a way to measure MODIVCARE INC'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 MODIVCARE INC stock.
MODIVCARE |
MODIVCARE INC DL 001 Company Beta Analysis
MODIVCARE INC'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 MODIVCARE INC Beta | 0.6 |
Most of MODIVCARE INC'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, MODIVCARE INC DL 001 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, MODIVCARE INC DL 001 has a Beta of 0.6003. This is 30.2% lower than that of the Healthcare sector and significantly higher than that of the Medical Care Facilities industry. The beta for all Germany stocks is notably lower than that of the firm.
MODIVCARE Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MODIVCARE INC'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 MODIVCARE INC could also be used in its relative valuation, which is a method of valuing MODIVCARE INC by comparing valuation metrics of similar companies.MODIVCARE INC is currently under evaluation in beta category among its peers.
As returns on the market increase, MODIVCARE INC's returns are expected to increase less than the market. However, during the bear market, the loss of holding MODIVCARE INC is expected to be smaller as well.
MODIVCARE Fundamentals
| Return On Equity | -0.15 | |||
| Return On Asset | 0.0266 | |||
| Profit Margin | (0.02) % | |||
| Operating Margin | 0.04 % | |||
| Shares Outstanding | 14.14 M | |||
| Shares Owned By Insiders | 1.34 % | |||
| Shares Owned By Institutions | 98.66 % | |||
| Price To Earning | 62.25 X | |||
| Revenue | 2.43 B | |||
| Gross Profit | 412.59 M | |||
| EBITDA | 182.63 M | |||
| Net Income | 63.46 M | |||
| Cash And Equivalents | 290.91 M | |||
| Cash Per Share | 20.79 X | |||
| Total Debt | 528.63 M | |||
| Debt To Equity | 1.29 % | |||
| Current Ratio | 1.05 X | |||
| Book Value Per Share | 25.19 X | |||
| Cash Flow From Operations | 370.36 M | |||
| Earnings Per Share | (1.71) X | |||
| Target Price | 211.88 | |||
| Beta | 0.6 | |||
| Market Capitalization | 1.43 B | |||
| Z Score | 1.2 |
About MODIVCARE INC Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MODIVCARE INC DL 001's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MODIVCARE INC using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MODIVCARE INC DL 001 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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Other Information on Investing in MODIVCARE Stock
MODIVCARE INC financial ratios help investors to determine whether MODIVCARE 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 MODIVCARE with respect to the benefits of owning MODIVCARE INC security.