Sono Tek Corp Stock Beta
| SOTK Stock | USD 4.49 0.07 1.54% |
Sono Tek Corp fundamentals help investors to digest information that contributes to Sono Tek's financial success or failures. It also enables traders to predict the movement of Sono Stock. The fundamental analysis module provides a way to measure Sono Tek'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 Sono Tek stock.
Sono | Beta |
Sono Tek Corp Company Beta Analysis
Sono Tek'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 Sono Tek Beta | -0.28 |
Most of Sono Tek'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, Sono Tek Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Sono Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Sono Tek is extremely important. It helps to project a fair market value of Sono Stock properly, considering its historical fundamentals such as Beta. Since Sono Tek's 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 Sono Tek's 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 Sono Tek's interrelated accounts and indicators.
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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, Sono Tek Corp has a Beta of -0.28. This is 126.42% lower than that of the Electronic Equipment, Instruments & Components sector and 125.69% lower than that of the Information Technology industry. The beta for all United States stocks is 86.67% higher than that of the company.
Sono Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sono Tek'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 Sono Tek could also be used in its relative valuation, which is a method of valuing Sono Tek by comparing valuation metrics of similar companies.Sono Tek is currently under evaluation in beta category among its peers.
Sono Tek ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Sono Tek's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Sono Tek's managers, analysts, and investors.Environmental | Governance | Social |
Sono Tek Institutional Holders
Institutional Holdings refers to the ownership stake in Sono Tek that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Sono Tek's 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 Sono Tek's value.| Shares | Blackrock Inc | 2024-06-30 | 19.5 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 14.5 K | Peak Financial Advisors, Llc | 2024-09-30 | 14.5 K | Focused Wealth Strategies, Inc. | 2024-09-30 | 12.3 K | Susquehanna International Group, Llp | 2024-06-30 | 11.1 K | Tower Research Capital Llc | 2024-06-30 | 2.9 K | Royal Bank Of Canada | 2024-06-30 | 171 | Bank Of America Corp | 2024-06-30 | 95.0 | Fmr Inc | 2024-09-30 | 23.0 | Vanguard Group Inc | 2024-09-30 | 302.6 K | Geode Capital Management, Llc | 2024-06-30 | 112.5 K |
As returns on the market increase, returns on owning Sono Tek are expected to decrease at a much lower rate. During the bear market, Sono Tek is likely to outperform the market.
Sono Fundamentals
| Return On Equity | 0.0938 | ||||
| Return On Asset | 0.0346 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 60.13 M | ||||
| Shares Outstanding | 15.75 M | ||||
| Shares Owned By Insiders | 16.20 % | ||||
| Shares Owned By Institutions | 47.91 % | ||||
| Number Of Shares Shorted | 11.6 K | ||||
| Price To Earning | 69.44 X | ||||
| Price To Book | 4.21 X | ||||
| Price To Sales | 3.42 X | ||||
| Revenue | 19.7 M | ||||
| Gross Profit | 8.61 M | ||||
| EBITDA | 1.78 M | ||||
| Net Income | 1.44 M | ||||
| Cash And Equivalents | 10.66 M | ||||
| Cash Per Share | 0.68 X | ||||
| Total Debt | 6.85 M | ||||
| Debt To Equity | 0.09 % | ||||
| Current Ratio | 3.64 X | ||||
| Book Value Per Share | 1.08 X | ||||
| Cash Flow From Operations | 1.16 M | ||||
| Short Ratio | 0.90 X | ||||
| Earnings Per Share | 0.09 X | ||||
| Target Price | 9.63 | ||||
| Number Of Employees | 82 | ||||
| Beta | -0.28 | ||||
| Market Capitalization | 70.72 M | ||||
| Total Asset | 23.13 M | ||||
| Retained Earnings | 6.35 M | ||||
| Working Capital | 12.12 M | ||||
| Current Asset | 4.96 M | ||||
| Current Liabilities | 728.95 K | ||||
| Net Asset | 23.13 M |
About Sono Tek Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sono Tek Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sono Tek using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sono Tek 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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Try AI Portfolio ArchitectCheck out Sono Tek Piotroski F Score and Sono Tek Altman Z Score analysis. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Electronic Equipment, Instruments & Components 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 Sono Tek. If investors know Sono 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 Sono Tek 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 (0.33) | Earnings Share 0.09 | Revenue Per Share 1.311 | Quarterly Revenue Growth (0.09) | Return On Assets 0.0346 |
The market value of Sono Tek Corp is measured differently than its book value, which is the value of Sono that is recorded on the company's balance sheet. Investors also form their own opinion of Sono Tek's value that differs from its market value or its book value, called intrinsic value, which is Sono Tek's 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 Sono Tek's market value can be influenced by many factors that don't directly affect Sono Tek's 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 Sono Tek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sono Tek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sono Tek's 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.