Wonil Financial Statements From 2010 to 2024
| 012620 Stock | KRW 7,280 50.00 0.69% |
Check Wonil Special financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wonil Special's main balance sheet or income statement drivers, such as , as well as many indicators such as . Wonil financial statements analysis is a perfect complement when working with Wonil Special Valuation or Volatility modules.
Wonil |
Wonil Special Steel Company Current Valuation Analysis
Wonil Special's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Wonil Special Current Valuation | 115.82 B |
Most of Wonil Special's fundamental indicators, such as Current Valuation, 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, Wonil Special Steel is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Wonil Special Steel has a Current Valuation of 115.82 B. This is much higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The current valuation for all Republic of Korea stocks is significantly lower than that of the firm.
Wonil Special Steel Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Wonil Special's current stock value. Our valuation model uses many indicators to compare Wonil Special value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Wonil Special competition to find correlations between indicators driving Wonil Special's intrinsic value. More Info.Wonil Special Steel is number one stock in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.01 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Wonil Special Steel is roughly 141.09 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Wonil Special by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Wonil Special's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Wonil Special Financial Statements
Wonil Special stakeholders use historical fundamental indicators, such as Wonil Special's revenue or net income, to determine how well the company is positioned to perform in the future. Although Wonil Special investors may analyze each financial statement separately, they are all interrelated. For example, changes in Wonil Special's assets and liabilities are reflected in the revenues and expenses on Wonil Special's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Wonil Special Steel. Please read more on our technical analysis and fundamental analysis pages.
Wonil Special Steel Co., Ltd manufactures and distributes specialty steel solutions in South Korea.
Pair Trading with Wonil Special
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Wonil Special position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Wonil Special will appreciate offsetting losses from the drop in the long position's value.Moving together with Wonil Stock
The ability to find closely correlated positions to Wonil Special could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wonil Special when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Wonil Special - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Wonil Special Steel to buy it.
The correlation of Wonil Special is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Wonil Special moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wonil Special Steel moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Wonil Special can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Wonil Stock
Wonil Special financial ratios help investors to determine whether Wonil 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 Wonil with respect to the benefits of owning Wonil Special security.