Wave Electronics Co Stock Current Valuation
| 095270 Stock | KRW 4,400 85.00 1.90% |
Valuation analysis of Wave Electronics helps investors to measure Wave Electronics' intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Fairly Valued
Today
Please note that Wave Electronics' price fluctuation is very steady at this time. Calculation of the real value of Wave Electronics is based on 3 months time horizon. Increasing Wave Electronics' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Wave Electronics is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Wave Stock. However, Wave Electronics' 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 4400.0 | Real 4503.2 | Hype 4400.0 |
The real value of Wave Stock, also known as its intrinsic value, is the underlying worth of Wave Electronics Company, which is reflected in its stock price. It is based on Wave Electronics' financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Wave Electronics' 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 Wave Electronics Co helps investors to forecast how Wave 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 Wave Electronics more accurately as focusing exclusively on Wave Electronics' fundamentals will not take into account other important factors: Wave Electronics Co Company Current Valuation Analysis
Wave Electronics' 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 Wave Electronics Current Valuation | 97.74 B |
Most of Wave Electronics' 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, Wave Electronics 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, Wave Electronics Co has a Current Valuation of 97.74 B. This is much higher than that of the Communications Equipment sector and significantly higher than that of the Information Technology industry. The current valuation for all Republic of Korea stocks is notably lower than that of the firm.
Wave Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Wave Electronics' 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 Wave Electronics could also be used in its relative valuation, which is a method of valuing Wave Electronics by comparing valuation metrics of similar companies.Wave Electronics is currently under evaluation in current valuation category among its peers.
Wave Fundamentals
| Return On Equity | 1.6 | |||
| Return On Asset | -0.1 | |||
| Profit Margin | 1.12 % | |||
| Operating Margin | (0.42) % | |||
| Current Valuation | 97.74 B | |||
| Shares Outstanding | 10.3 M | |||
| Shares Owned By Insiders | 19.57 % | |||
| Price To Sales | 1.32 X | |||
| Revenue | 47.47 B | |||
| Gross Profit | 11.64 B | |||
| EBITDA | (12.32 B) | |||
| Net Income | 58.02 B | |||
| Cash And Equivalents | 51.85 B | |||
| Cash Per Share | 817.91 X | |||
| Total Debt | 465.35 M | |||
| Debt To Equity | 3.65 % | |||
| Current Ratio | 0.77 X | |||
| Cash Flow From Operations | (15.52 B) | |||
| Number Of Employees | 99 | |||
| Beta | 0.97 | |||
| Market Capitalization | 50.7 B | |||
| Total Asset | 98.2 B | |||
| Retained Earnings | (8.43 B) | |||
| Working Capital | (3.63 B) | |||
| Current Asset | 18.81 B | |||
| Current Liabilities | 22.44 B | |||
| Z Score | 64.8 | |||
| Net Asset | 98.2 B |
About Wave Electronics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Wave Electronics Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wave Electronics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wave Electronics 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.
Pair Trading with Wave Electronics
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 Wave Electronics 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 Wave Electronics will appreciate offsetting losses from the drop in the long position's value.Moving against Wave Stock
The ability to find closely correlated positions to Wave Electronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wave Electronics 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 Wave Electronics - 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 Wave Electronics Co to buy it.
The correlation of Wave Electronics 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 Wave Electronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wave Electronics 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 Wave Electronics 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 Wave Stock
Wave Electronics financial ratios help investors to determine whether Wave 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 Wave with respect to the benefits of owning Wave Electronics security.