Wonil Special Steel Stock Return On Equity
| 012620 Stock | KRW 7,220 10.00 0.14% |
Wonil Special Steel fundamentals help investors to digest information that contributes to Wonil Special's financial success or failures. It also enables traders to predict the movement of Wonil Stock. The fundamental analysis module provides a way to measure Wonil Special'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 Wonil Special stock.
Wonil |
Wonil Special Steel Company Return On Equity Analysis
Wonil Special's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Wonil Special Return On Equity | 4.71 |
Most of Wonil Special's fundamental indicators, such as Return On Equity, 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.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Wonil Special Steel has a Return On Equity of 4.7124. This is much higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The return on equity for all Republic of Korea stocks is notably lower than that of the firm.
Wonil Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Wonil Special's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Wonil Special could also be used in its relative valuation, which is a method of valuing Wonil Special by comparing valuation metrics of similar companies.Wonil Special is currently under evaluation in return on equity category among its peers.
Wonil Fundamentals
| Return On Equity | 4.71 | |||
| Return On Asset | 0.0334 | |||
| Profit Margin | 0.06 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 115.82 B | |||
| Shares Outstanding | 4.4 M | |||
| Shares Owned By Insiders | 49.44 % | |||
| Price To Earning | 11.04 X | |||
| Price To Sales | 0.13 X | |||
| Revenue | 327.89 B | |||
| Gross Profit | 17.59 B | |||
| EBITDA | 16.85 B | |||
| Net Income | 18.77 B | |||
| Cash And Equivalents | 680 | |||
| Total Debt | 6.49 B | |||
| Debt To Equity | 0.70 % | |||
| Current Ratio | 1.76 X | |||
| Cash Flow From Operations | 5.76 B | |||
| Number Of Employees | 148 | |||
| Beta | 1.09 | |||
| Market Capitalization | 43.25 B | |||
| Total Asset | 250.07 B | |||
| Retained Earnings | 89.19 B | |||
| Working Capital | 52.59 B | |||
| Current Asset | 122.21 B | |||
| Current Liabilities | 69.62 B | |||
| Z Score | 4.6 | |||
| Annual Yield | 0.02 % | |||
| Net Asset | 250.07 B |
About Wonil Special Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Wonil Special Steel's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wonil Special using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wonil Special Steel 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.
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
Moving against Wonil Stock
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| 0.51 | 051910 | LG Chemicals | PairCorr |
| 0.47 | 001430 | SeAH Bestee | PairCorr |
| 0.44 | 055550 | Shinhan Financial | PairCorr |
| 0.42 | 066570 | LG Electronics | PairCorr |
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.