Zk International Group Stock Analysis

ZKIN Stock Analysis Notes

About 24.0% of the company outstanding shares are owned by insiders. The company has Price to Book (P/B) ratio of 0.68. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. ZK International recorded a loss per share of 1.95. The entity had not issued any dividends in recent years. ZK International Group Co., Ltd., through its subsidiaries, engages in the designing, producing, and selling double-press thin-walled stainless steel, carbon steel, and single-press tubes and fittings in the Peoples Republic of China. ZK International Group Co., Ltd. was incorporated in 2015 and is based in Wenzhou, the Peoples Republic of China. Zk International operates under Steel classification in the United States and is traded on NASDAQ Exchange. It employs 271 people. For more information please call the company at 86 577 8685 2999 or visit https://www.zkinternationalgroup.com.

ZK International Investment Alerts

ZK International Upcoming and Recent Events

ZK International Thematic Classifications

ZKIN Stock Institutional Investors

Note, although ZK International's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

ZKIN Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 19.21 M.

ZKIN Profitablity

The company has Profit Margin (PM) of (0.54) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average.

Management Efficiency

ZK International has return on total asset (ROA) of (0.0475) % which means that it has lost $0.0475 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.0687) %, meaning that it created substantial loss on money invested by shareholders. ZK International's management efficiency ratios could be used to measure how well ZK International manages its routine affairs as well as how well it operates its assets and liabilities. As of the 25th of November 2024, Return On Tangible Assets is likely to grow to -1.17. In addition to that, Return On Capital Employed is likely to grow to -1.95. At this time, ZK International's Debt To Assets are very stable compared to the past year. As of the 25th of November 2024, Asset Turnover is likely to grow to 1.80, while Net Tangible Assets are likely to drop about 42.6 M.

Technical Drivers

As of the 25th of November, ZK International owns the standard deviation of 6.55, and Market Risk Adjusted Performance of 0.7666. Concerning fundamental indicators, the technical analysis model lets you check potential technical drivers of ZK International, as well as the relationship between them.

ZK International Price Movement Analysis

ZK International Outstanding Bonds

ZK International Predictive Daily Indicators

ZK International Forecast Models

ZK International's time-series forecasting models are one of many ZK International's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary ZK International's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how ZK International prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling ZKIN shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as ZK International. By using and applying ZKIN Stock analysis, traders can create a robust methodology for identifying ZKIN entry and exit points for their positions.

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZK International Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

Is Metals & Mining 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 ZK International. If investors know ZKIN 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 ZK International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of ZK International is measured differently than its book value, which is the value of ZKIN that is recorded on the company's balance sheet. Investors also form their own opinion of ZK International's value that differs from its market value or its book value, called intrinsic value, which is ZK International'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 ZK International's market value can be influenced by many factors that don't directly affect ZK International'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 ZK International's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZK International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZK International'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.