Agl Resources Stock Beta
AGL Resources fundamentals help investors to digest information that contributes to AGL Resources' financial success or failures. It also enables traders to predict the movement of AGL Stock. The fundamental analysis module provides a way to measure AGL Resources' 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 AGL Resources stock.
AGL |
AGL Resources Company Beta Analysis
AGL Resources' 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 AGL Resources Beta | -0.37 |
Most of AGL Resources' 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, AGL Resources 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.
CompetitionIn accordance with the recently published financial statements, AGL Resources has a Beta of -0.37. This is 182.22% lower than that of the sector and significantly lower than that of the Beta industry. The beta for all United States stocks is 146.67% higher than that of the company.
AGL Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses AGL Resources' 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 AGL Resources could also be used in its relative valuation, which is a method of valuing AGL Resources by comparing valuation metrics of similar companies.AGL Resources is currently under evaluation in beta category among its peers.
As returns on the market increase, returns on owning AGL Resources are expected to decrease at a much lower rate. During the bear market, AGL Resources is likely to outperform the market.
AGL Fundamentals
| Return On Equity | 0.0846 | |||
| Return On Asset | 2.0E-4 | |||
| Profit Margin | 0.0008 % | |||
| Operating Margin | 22.26 % | |||
| Current Valuation | 12.17 B | |||
| Shares Outstanding | 119.6 M | |||
| Shares Owned By Insiders | 0.58 % | |||
| Shares Owned By Institutions | 64.20 % | |||
| Number Of Shares Shorted | 2.41 M | |||
| Price To Earning | 23.26 X | |||
| Price To Book | 1.97 X | |||
| Price To Sales | 2.24 X | |||
| Revenue | 3.94 B | |||
| Gross Profit | 2.12 B | |||
| EBITDA | 848.78 M | |||
| Net Income | 353 M | |||
| Cash And Equivalents | 19 M | |||
| Cash Per Share | 0.17 X | |||
| Total Debt | 4.83 B | |||
| Debt To Equity | 1.07 % | |||
| Current Ratio | 0.62 X | |||
| Book Value Per Share | 26.06 X | |||
| Cash Flow From Operations | 1.38 B | |||
| Earnings Per Share | 2.84 X | |||
| Number Of Employees | 5.2 K | |||
| Beta | -0.37 | |||
| Market Capitalization | 7.67 B | |||
| Total Asset | 14.75 B | |||
| Retained Earnings | 1.14 B | |||
| Working Capital | (885 M) | |||
| Current Asset | 2.12 B | |||
| Current Liabilities | 3 B | |||
| Z Score | 0.6 |
Thematic Opportunities
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Other Consideration for investing in AGL Stock
If you are still planning to invest in AGL Resources check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the AGL Resources' history and understand the potential risks before investing.
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