Jeil Steel Mfg Stock Current Valuation
| 023440 Stock | KRW 1,799 2.00 0.11% |
Valuation analysis of Jeil Steel Mfg helps investors to measure Jeil Steel's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that Jeil Steel's price fluctuation is very steady at this time. Calculation of the real value of Jeil Steel Mfg is based on 3 months time horizon. Increasing Jeil Steel's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Jeil Steel is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Jeil Stock. However, Jeil Steel's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 1799.0 | Real 1477.14 | Hype 1801.0 |
The real value of Jeil Stock, also known as its intrinsic value, is the underlying worth of Jeil Steel Mfg Company, which is reflected in its stock price. It is based on Jeil Steel's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Jeil Steel's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of Jeil Steel Mfg helps investors to forecast how Jeil stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Jeil Steel more accurately as focusing exclusively on Jeil Steel's fundamentals will not take into account other important factors: Jeil Steel Mfg Company Current Valuation Analysis
Jeil Steel'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 Jeil Steel Current Valuation | 108.41 B |
Most of Jeil Steel'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, Jeil Steel Mfg 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, Jeil Steel Mfg has a Current Valuation of 108.41 B. This is much higher than that of the Materials sector and significantly higher than that of the Metals & Mining industry. The current valuation for all Republic of Korea stocks is notably lower than that of the firm.
Jeil Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Jeil Steel's 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 Jeil Steel could also be used in its relative valuation, which is a method of valuing Jeil Steel by comparing valuation metrics of similar companies.Jeil Steel is currently under evaluation in current valuation category among its peers.
Jeil Fundamentals
| Return On Equity | -19.37 | |||
| Return On Asset | 0.0164 | |||
| Profit Margin | (0.01) % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 108.41 B | |||
| Shares Outstanding | 29.49 M | |||
| Shares Owned By Insiders | 12.55 % | |||
| Price To Sales | 0.77 X | |||
| Revenue | 84.47 B | |||
| Gross Profit | 81.13 M | |||
| EBITDA | 5.72 B | |||
| Net Income | (1.3 B) | |||
| Cash And Equivalents | 7.89 B | |||
| Cash Per Share | 27.06 X | |||
| Total Debt | 2.02 B | |||
| Debt To Equity | 0.64 % | |||
| Current Ratio | 0.50 X | |||
| Cash Flow From Operations | (11.3 B) | |||
| Number Of Employees | 11 | |||
| Beta | 0.38 | |||
| Market Capitalization | 71.52 B | |||
| Total Asset | 140.39 B | |||
| Retained Earnings | 21.36 B | |||
| Working Capital | (13.71 B) | |||
| Current Asset | 13.65 B | |||
| Current Liabilities | 27.36 B | |||
| Z Score | 21.0 | |||
| Net Asset | 140.39 B |
About Jeil Steel Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Jeil Steel Mfg's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Jeil Steel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Jeil Steel Mfg 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 Jeil Steel
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 Jeil Steel 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 Jeil Steel will appreciate offsetting losses from the drop in the long position's value.Moving against Jeil Stock
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The ability to find closely correlated positions to Jeil Steel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jeil Steel 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 Jeil Steel - 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 Jeil Steel Mfg to buy it.
The correlation of Jeil Steel 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 Jeil Steel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jeil Steel Mfg 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 Jeil Steel 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 Jeil Stock
Jeil Steel financial ratios help investors to determine whether Jeil 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 Jeil with respect to the benefits of owning Jeil Steel security.