Kung Sing Engineering Stock Beta
| 5521 Stock | TWD 10.65 0.40 3.62% |
Kung Sing Engineering fundamentals help investors to digest information that contributes to Kung Sing's financial success or failures. It also enables traders to predict the movement of Kung Stock. The fundamental analysis module provides a way to measure Kung Sing'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 Kung Sing stock.
Kung |
Kung Sing Engineering Company Beta Analysis
Kung Sing'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.
Current Kung Sing Beta | 0.64 |
Most of Kung Sing's fundamental indicators, such as Beta, 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, Kung Sing Engineering is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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, Kung Sing Engineering has a Beta of 0.6384. This is much higher than that of the Construction & Engineering sector and significantly higher than that of the Industrials industry. The beta for all Taiwan stocks is notably lower than that of the firm.
Kung Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kung Sing's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Kung Sing could also be used in its relative valuation, which is a method of valuing Kung Sing by comparing valuation metrics of similar companies.Kung Sing is currently under evaluation in beta category among its peers.
As returns on the market increase, Kung Sing's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kung Sing is expected to be smaller as well.
Kung Fundamentals
| Return On Equity | -0.0147 | |||
| Return On Asset | -0.0045 | |||
| Profit Margin | (0.02) % | |||
| Operating Margin | (0.01) % | |||
| Current Valuation | (39.75 M) | |||
| Shares Outstanding | 492.28 M | |||
| Shares Owned By Insiders | 32.97 % | |||
| Shares Owned By Institutions | 1.97 % | |||
| Price To Earning | 45.19 X | |||
| Price To Book | 0.62 X | |||
| Price To Sales | 0.72 X | |||
| Revenue | 3.61 B | |||
| Gross Profit | 307.92 M | |||
| EBITDA | 117.67 M | |||
| Net Income | 35.18 M | |||
| Cash And Equivalents | 1.11 B | |||
| Cash Per Share | 3.18 X | |||
| Total Debt | 100 M | |||
| Debt To Equity | 0.54 % | |||
| Current Ratio | 1.78 X | |||
| Book Value Per Share | 10.64 X | |||
| Cash Flow From Operations | (163.56 M) | |||
| Earnings Per Share | (0.01) X | |||
| Number Of Employees | 12 | |||
| Beta | 0.64 | |||
| Market Capitalization | 3.36 B | |||
| Total Asset | 7.8 B | |||
| Retained Earnings | 271 M | |||
| Working Capital | 3.02 B | |||
| Current Asset | 6.9 B | |||
| Current Liabilities | 3.89 B | |||
| Z Score | 19.8 | |||
| Annual Yield | 0.02 % | |||
| Net Asset | 7.8 B |
About Kung Sing Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Kung Sing Engineering's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kung Sing using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kung Sing Engineering 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Kung Stock Analysis
When running Kung Sing's price analysis, check to measure Kung Sing's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kung Sing is operating at the current time. Most of Kung Sing's value examination focuses on studying past and present price action to predict the probability of Kung Sing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kung Sing's price. Additionally, you may evaluate how the addition of Kung Sing to your portfolios can decrease your overall portfolio volatility.