Daedong Metals Co Stock Fundamentals
| 020400 Stock | KRW 7,420 470.00 5.96% |
Daedong Metals Co fundamentals help investors to digest information that contributes to Daedong Metals' financial success or failures. It also enables traders to predict the movement of Daedong Stock. The fundamental analysis module provides a way to measure Daedong Metals' 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 Daedong Metals stock.
Daedong |
Daedong Metals Co Company Current Valuation Analysis
Daedong Metals' 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 Daedong Metals Current Valuation | 48.78 B |
Most of Daedong Metals' 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, Daedong Metals Co 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, Daedong Metals Co has a Current Valuation of 48.78 B. This is much higher than that of the Consumer Discretionary sector and significantly higher than that of the Auto Components industry. The current valuation for all Republic of Korea stocks is notably lower than that of the firm.
Daedong Metals Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Daedong Metals's current stock value. Our valuation model uses many indicators to compare Daedong Metals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Daedong Metals competition to find correlations between indicators driving Daedong Metals's intrinsic value. More Info.Daedong Metals Co is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . The ratio of Return On Equity to Return On Asset for Daedong Metals Co is about 327.79 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Daedong Metals by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Daedong Metals' 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.Daedong Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Daedong Metals' direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Daedong Metals could also be used in its relative valuation, which is a method of valuing Daedong Metals by comparing valuation metrics of similar companies.Daedong Metals is currently under evaluation in current valuation category among its peers.
Daedong Fundamentals
| Return On Equity | 7.28 | |||
| Return On Asset | 0.0222 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.03 % | |||
| Current Valuation | 48.78 B | |||
| Shares Outstanding | 2.4 M | |||
| Shares Owned By Insiders | 52.77 % | |||
| Price To Earning | 22.78 X | |||
| Price To Sales | 0.32 X | |||
| Revenue | 134.28 B | |||
| Gross Profit | 6.24 B | |||
| EBITDA | 4.3 B | |||
| Net Income | 2.57 B | |||
| Cash And Equivalents | 125.92 M | |||
| Cash Per Share | 5.96 X | |||
| Total Debt | 2.34 B | |||
| Debt To Equity | 103.80 % | |||
| Current Ratio | 0.78 X | |||
| Cash Flow From Operations | (1.4 B) | |||
| Number Of Employees | 110 | |||
| Beta | 0.82 | |||
| Market Capitalization | 22.99 B | |||
| Total Asset | 105.94 B | |||
| Retained Earnings | 14.41 B | |||
| Working Capital | (7.98 B) | |||
| Current Asset | 13.31 B | |||
| Current Liabilities | 21.29 B | |||
| Z Score | 6.4 | |||
| Annual Yield | 0.01 % | |||
| Net Asset | 105.94 B |
About Daedong Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Daedong Metals Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Daedong Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Daedong Metals Co 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.Daedong Metals Co., Ltd. produces and sells casting parts for agricultural machinery, heavy equipment, and automotive markets in South Korea. Daedong Metals Co., Ltd. is a subsidiary of Daedong Industrial Co., Ltd. DaedongMetal is traded on Korean Securities Dealers Automated Quotations in South Korea.
Pair Trading with Daedong Metals
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 Daedong Metals 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 Daedong Metals will appreciate offsetting losses from the drop in the long position's value.Moving together with Daedong Stock
Moving against Daedong Stock
| 0.5 | 298380 | ABL Bio | PairCorr |
| 0.38 | 126640 | Hwashin Precision | PairCorr |
| 0.35 | 265560 | YOUNGHWA TECH | PairCorr |
| 0.32 | 013720 | CBI Co | PairCorr |
The ability to find closely correlated positions to Daedong Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Daedong Metals 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 Daedong Metals - 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 Daedong Metals Co to buy it.
The correlation of Daedong Metals 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 Daedong Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Daedong Metals 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 Daedong Metals 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 Daedong Stock
Daedong Metals financial ratios help investors to determine whether Daedong 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 Daedong with respect to the benefits of owning Daedong Metals security.