Sports Gear Co Stock Beta
| 6768 Stock | TWD 138.50 1.00 0.72% |
Sports Gear Co fundamentals help investors to digest information that contributes to Sports Gear's financial success or failures. It also enables traders to predict the movement of Sports Stock. The fundamental analysis module provides a way to measure Sports Gear'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 Sports Gear stock.
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Sports Gear Co Company Beta Analysis
Sports Gear'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.
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, Sports Gear Co has a Beta of 0.0. This is 100.0% lower than that of the Consumer Cyclical sector and 100.0% lower than that of the Leisure industry. The beta for all Taiwan stocks is 100.0% lower than that of the firm.
Sports Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sports Gear'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 Sports Gear could also be used in its relative valuation, which is a method of valuing Sports Gear by comparing valuation metrics of similar companies.Sports Gear is currently under evaluation in beta category among its peers.
Sports Fundamentals
| Return On Equity | 0.12 | |||
| Return On Asset | 0.063 | |||
| Profit Margin | 0.1 % | |||
| Operating Margin | 0.11 % | |||
| Current Valuation | 10.33 B | |||
| Shares Outstanding | 196.05 M | |||
| Shares Owned By Insiders | 84.31 % | |||
| Shares Owned By Institutions | 0.42 % | |||
| Price To Earning | 21.86 X | |||
| Price To Book | 1.31 X | |||
| Price To Sales | 1.09 X | |||
| Revenue | 12.34 B | |||
| Gross Profit | 2.43 B | |||
| EBITDA | 1.71 B | |||
| Net Income | 647.3 M | |||
| Cash And Equivalents | 7.68 B | |||
| Cash Per Share | 39.16 X | |||
| Total Debt | 530.08 M | |||
| Debt To Equity | 0.23 % | |||
| Current Ratio | 3.62 X | |||
| Book Value Per Share | 72.02 X | |||
| Cash Flow From Operations | 2.21 B | |||
| Earnings Per Share | 8.15 X | |||
| Target Price | 108.0 | |||
| Market Capitalization | 14.29 B | |||
| Total Asset | 16.48 B | |||
| Z Score | 15.6 | |||
| Annual Yield | 0.05 % | |||
| Net Asset | 16.48 B | |||
| Last Dividend Paid | 3.5 |
About Sports Gear Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sports Gear Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sports Gear using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sports Gear 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.
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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 Sports Stock Analysis
When running Sports Gear's price analysis, check to measure Sports Gear'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 Sports Gear is operating at the current time. Most of Sports Gear's value examination focuses on studying past and present price action to predict the probability of Sports Gear's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sports Gear's price. Additionally, you may evaluate how the addition of Sports Gear to your portfolios can decrease your overall portfolio volatility.