Zen Graphene Solutions Stock Beta
| ZTEK Stock | USD 1.15 0.01 0.88% |
ZEN Graphene Solutions fundamentals help investors to digest information that contributes to ZEN Graphene's financial success or failures. It also enables traders to predict the movement of ZEN Stock. The fundamental analysis module provides a way to measure ZEN Graphene'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 ZEN Graphene stock.
ZEN | Beta |
ZEN Graphene Solutions Company Beta Analysis
ZEN Graphene'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 ZEN Graphene Beta | 0.76 |
Most of ZEN Graphene'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, ZEN Graphene Solutions is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
ZEN Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for ZEN Graphene is extremely important. It helps to project a fair market value of ZEN Stock properly, considering its historical fundamentals such as Beta. Since ZEN Graphene'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 ZEN Graphene'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 ZEN Graphene's 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, ZEN Graphene Solutions has a Beta of 0.763. This is 11.28% lower than that of the Health Care Equipment & Supplies sector and 13.3% lower than that of the Health Care industry. The beta for all United States stocks is notably lower than that of the firm.
ZEN Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ZEN Graphene'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 ZEN Graphene could also be used in its relative valuation, which is a method of valuing ZEN Graphene by comparing valuation metrics of similar companies.ZEN Graphene is currently under evaluation in beta category among its peers.
ZEN Graphene Current Valuation Drivers
We derive many important indicators used in calculating different scores of ZEN Graphene from analyzing ZEN Graphene's financial statements. These drivers represent accounts that assess ZEN Graphene's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of ZEN Graphene's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 23.1M | 221.0M | 355.5M | 205.8M | 155.1M | 83.9M | |
| Enterprise Value | 22.3M | 218.3M | 331.0M | 197.1M | 152.8M | 81.0M |
ZEN Graphene Institutional Holders
Institutional Holdings refers to the ownership stake in ZEN Graphene that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ZEN Graphene'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 ZEN Graphene's value.| Shares | Jnba Financial Advisors Inc | 2024-06-30 | 5 K | Aspect Partners Llc | 2024-09-30 | 1.7 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 400 | Caldwell Sutter Capital Inc | 2024-09-30 | 200 | Carolina Wealth Advisors, Llc | 2024-09-30 | 0.0 | Castleview Partners, Llc | 2024-09-30 | 0.0 | K.j. Harrison & Partners Inc | 2024-06-30 | 0.0 | Advisor Group Holdings, Inc. | 2024-06-30 | 0.0 | Bank Of America Corp | 2024-06-30 | 0.0 | Scotia Capital Inc | 2024-06-30 | 430.3 K | Federation Des Caisses Desjardins Du Quebec | 2024-06-30 | 150.2 K |
As returns on the market increase, ZEN Graphene's returns are expected to increase less than the market. However, during the bear market, the loss of holding ZEN Graphene is expected to be smaller as well.
ZEN Fundamentals
| Return On Equity | -0.48 | ||||
| Return On Asset | -0.27 | ||||
| Operating Margin | (449.31) % | ||||
| Current Valuation | 117.71 M | ||||
| Shares Outstanding | 104.06 M | ||||
| Shares Owned By Insiders | 6.01 % | ||||
| Shares Owned By Institutions | 1.45 % | ||||
| Number Of Shares Shorted | 509.26 K | ||||
| Price To Book | 8.89 X | ||||
| Price To Sales | 3,375 X | ||||
| Revenue | 29.82 K | ||||
| Gross Profit | (857.01 K) | ||||
| EBITDA | (11.08 M) | ||||
| Net Income | (11.7 M) | ||||
| Cash And Equivalents | 22.59 M | ||||
| Cash Per Share | 0.23 X | ||||
| Total Debt | 1.24 M | ||||
| Debt To Equity | 0.06 % | ||||
| Current Ratio | 7.89 X | ||||
| Book Value Per Share | 0.20 X | ||||
| Cash Flow From Operations | (8.05 M) | ||||
| Short Ratio | 18.35 X | ||||
| Earnings Per Share | (0.07) X | ||||
| Number Of Employees | 24 | ||||
| Beta | 0.76 | ||||
| Market Capitalization | 119.15 M | ||||
| Total Asset | 22.59 M | ||||
| Retained Earnings | (76.62 M) | ||||
| Working Capital | 4.43 M | ||||
| Net Asset | 22.59 M |
About ZEN Graphene Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ZEN Graphene Solutions's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ZEN Graphene using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ZEN Graphene Solutions 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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Is Health Care Equipment & Supplies 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 ZEN Graphene. If investors know ZEN 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 ZEN Graphene listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.07) | Quarterly Revenue Growth (0.40) | Return On Assets (0.27) | Return On Equity (0.48) |
The market value of ZEN Graphene Solutions is measured differently than its book value, which is the value of ZEN that is recorded on the company's balance sheet. Investors also form their own opinion of ZEN Graphene's value that differs from its market value or its book value, called intrinsic value, which is ZEN Graphene'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 ZEN Graphene's market value can be influenced by many factors that don't directly affect ZEN Graphene'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 ZEN Graphene's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZEN Graphene is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZEN Graphene'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.