Eversafe Rubber Bhd Stock Beta
| 0190 Stock | 0.16 0.01 6.67% |
Eversafe Rubber Bhd fundamentals help investors to digest information that contributes to Eversafe Rubber's financial success or failures. It also enables traders to predict the movement of Eversafe Stock. The fundamental analysis module provides a way to measure Eversafe Rubber'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 Eversafe Rubber stock.
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Eversafe Rubber Bhd Company Beta Analysis
Eversafe Rubber'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.
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.
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In accordance with the recently published financial statements, Eversafe Rubber Bhd has a Beta of 0.0. This indicator is about the same for the Consumer Cyclicals average (which is currently at 0.0) sector and about the same as Automobiles & Auto Parts (which currently averages 0.0) industry. This indicator is about the same for all Malaysia stocks average (which is currently at 0.0).
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Eversafe Fundamentals
| Return On Equity | -4.6 | |||
| Current Valuation | 76.61 M | |||
| Price To Book | 0.78 X | |||
| Price To Sales | 0.35 X | |||
| Revenue | 114.79 M | |||
| EBITDA | 11.36 M | |||
| Net Income | 3.6 M | |||
| Total Debt | 5.05 M | |||
| Cash Flow From Operations | 296.85 K | |||
| Market Capitalization | 50.52 M | |||
| Total Asset | 114.62 M | |||
| Z Score | 7.0 | |||
| Net Asset | 114.62 M |
About Eversafe Rubber Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Eversafe Rubber Bhd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eversafe Rubber using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eversafe Rubber Bhd 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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Eversafe Rubber financial ratios help investors to determine whether Eversafe 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 Eversafe with respect to the benefits of owning Eversafe Rubber security.