Cheryong Industrial Coltd Stock Fundamentals
| 147830 Stock | KRW 5,140 320.00 5.86% |
Cheryong Industrial CoLtd fundamentals help investors to digest information that contributes to Cheryong Industrial's financial success or failures. It also enables traders to predict the movement of Cheryong Stock. The fundamental analysis module provides a way to measure Cheryong Industrial'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 Cheryong Industrial stock.
Cheryong |
Cheryong Industrial CoLtd Company Current Valuation Analysis
Cheryong Industrial'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 Cheryong Industrial Current Valuation | 25.99 B |
Most of Cheryong Industrial'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, Cheryong Industrial CoLtd 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.
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In accordance with the recently published financial statements, Cheryong Industrial CoLtd has a Current Valuation of 25.99 B. This is much higher than that of the Consumer Cyclicals sector and significantly higher than that of the Homebuilding & Construction Supplies industry. The current valuation for all Republic of Korea stocks is notably lower than that of the firm.
Cheryong Industrial CoLtd Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Cheryong Industrial's current stock value. Our valuation model uses many indicators to compare Cheryong Industrial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cheryong Industrial competition to find correlations between indicators driving Cheryong Industrial's intrinsic value. More Info.Cheryong Industrial CoLtd 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 Cheryong Industrial CoLtd is about 288.46 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Cheryong Industrial by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Cheryong Industrial's 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.Cheryong Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cheryong Industrial'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 Cheryong Industrial could also be used in its relative valuation, which is a method of valuing Cheryong Industrial by comparing valuation metrics of similar companies.Cheryong Industrial is currently under evaluation in current valuation category among its peers.
Cheryong Fundamentals
| Return On Equity | 10.53 | |||
| Return On Asset | 0.0365 | |||
| Profit Margin | 0.22 % | |||
| Operating Margin | 0.13 % | |||
| Current Valuation | 25.99 B | |||
| Shares Outstanding | 10 M | |||
| Shares Owned By Insiders | 46.78 % | |||
| Price To Earning | 50.52 X | |||
| Price To Sales | 1.30 X | |||
| Revenue | 37.42 B | |||
| Gross Profit | 7.56 B | |||
| EBITDA | 4.08 B | |||
| Net Income | 7.54 B | |||
| Cash And Equivalents | 3.43 B | |||
| Cash Per Share | 977.21 X | |||
| Total Debt | 69.06 M | |||
| Debt To Equity | 0.40 % | |||
| Current Ratio | 1.53 X | |||
| Book Value Per Share | 1,917 X | |||
| Cash Flow From Operations | 6.13 B | |||
| Beta | 0.68 | |||
| Market Capitalization | 33.55 B | |||
| Total Asset | 73.66 B | |||
| Retained Earnings | 4.72 B | |||
| Working Capital | 7.36 B | |||
| Current Asset | 21.15 B | |||
| Current Liabilities | 13.79 B | |||
| Annual Yield | 0.02 % | |||
| Net Asset | 73.66 B |
About Cheryong Industrial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cheryong Industrial CoLtd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cheryong Industrial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cheryong Industrial CoLtd 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.Cheryong Industrial Co. Ltd. manufactures materials used in power transmission industry, such as materials for guywires, downlead wires and pipelines, as well as insulators, fittings and plastic reels, optical joint boxes, optical patchcord pigtails and fiber optical joint boxes.
Pair Trading with Cheryong Industrial
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 Cheryong Industrial 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 Cheryong Industrial will appreciate offsetting losses from the drop in the long position's value.Moving together with Cheryong Stock
Moving against Cheryong Stock
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The ability to find closely correlated positions to Cheryong Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cheryong Industrial 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 Cheryong Industrial - 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 Cheryong Industrial CoLtd to buy it.
The correlation of Cheryong Industrial 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 Cheryong Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cheryong Industrial CoLtd 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 Cheryong Industrial 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 Cheryong Stock
Cheryong Industrial financial ratios help investors to determine whether Cheryong 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 Cheryong with respect to the benefits of owning Cheryong Industrial security.