Growgeneration Corp Stock Beta
| GRWG Stock | USD 1.14 0.02 1.72% |
GrowGeneration Corp fundamentals help investors to digest information that contributes to GrowGeneration Corp's financial success or failures. It also enables traders to predict the movement of GrowGeneration Stock. The fundamental analysis module provides a way to measure GrowGeneration Corp'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 GrowGeneration Corp stock.
GrowGeneration | Beta |
GrowGeneration Corp Company Beta Analysis
GrowGeneration Corp'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 GrowGeneration Corp Beta | 3.08 |
Most of GrowGeneration Corp'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, GrowGeneration Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
GrowGeneration Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for GrowGeneration Corp is extremely important. It helps to project a fair market value of GrowGeneration Stock properly, considering its historical fundamentals such as Beta. Since GrowGeneration Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of GrowGeneration Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of GrowGeneration Corp's interrelated accounts and indicators.
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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.
| Competition |
In accordance with the recently published financial statements, GrowGeneration Corp has a Beta of 3.081. This is 266.79% higher than that of the Specialty Retail sector and 128.22% higher than that of the Consumer Discretionary industry. The beta for all United States stocks is notably lower than that of the firm.
GrowGeneration Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses GrowGeneration Corp'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 GrowGeneration Corp could also be used in its relative valuation, which is a method of valuing GrowGeneration Corp by comparing valuation metrics of similar companies.GrowGeneration Corp is currently under evaluation in beta category among its peers.
GrowGeneration Corp Institutional Holders
Institutional Holdings refers to the ownership stake in GrowGeneration Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of GrowGeneration Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing GrowGeneration Corp's value.| Shares | Penserra Capital Management, Llc | 2024-09-30 | 484.4 K | Charles Schwab Investment Management Inc | 2024-12-31 | 466.2 K | Northern Trust Corp | 2024-12-31 | 463.1 K | Monaco Asset Management | 2024-12-31 | 463 K | Mirae Asset Global Etfs Holdings Ltd. | 2024-12-31 | 379.3 K | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 271.3 K | Renaissance Technologies Corp | 2024-12-31 | 255.1 K | Jpmorgan Chase & Co | 2024-09-30 | 250.3 K | Nuveen Asset Management, Llc | 2024-09-30 | 230.5 K | Blackrock Inc | 2024-12-31 | 4.4 M | Vanguard Group Inc | 2024-12-31 | 3.1 M |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, GrowGeneration Corp will likely underperform.
GrowGeneration Fundamentals
| Return On Equity | -0.31 | ||||
| Return On Asset | -0.0969 | ||||
| Profit Margin | (0.27) % | ||||
| Operating Margin | (0.17) % | ||||
| Current Valuation | 51.46 M | ||||
| Shares Outstanding | 59.24 M | ||||
| Shares Owned By Insiders | 7.71 % | ||||
| Shares Owned By Institutions | 42.81 % | ||||
| Number Of Shares Shorted | 3.49 M | ||||
| Price To Earning | 61.73 X | ||||
| Price To Book | 0.47 X | ||||
| Price To Sales | 0.34 X | ||||
| Revenue | 225.88 M | ||||
| Gross Profit | 50.28 M | ||||
| EBITDA | (29.76 M) | ||||
| Net Income | (46.5 M) | ||||
| Cash And Equivalents | 65.59 M | ||||
| Cash Per Share | 1.08 X | ||||
| Total Debt | 42.47 M | ||||
| Debt To Equity | 0.21 % | ||||
| Current Ratio | 4.80 X | ||||
| Book Value Per Share | 2.42 X | ||||
| Cash Flow From Operations | 1.42 M | ||||
| Short Ratio | 5.62 X | ||||
| Earnings Per Share | (0.88) X | ||||
| Price To Earnings To Growth | (0.07) X | ||||
| Target Price | 3.25 | ||||
| Number Of Employees | 372 | ||||
| Beta | 3.08 | ||||
| Market Capitalization | 67.54 M | ||||
| Total Asset | 239.09 M | ||||
| Retained Earnings | (200.1 M) | ||||
| Working Capital | 116.52 M | ||||
| Current Asset | 6.73 M | ||||
| Current Liabilities | 1.18 M | ||||
| Net Asset | 239.09 M |
About GrowGeneration Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze GrowGeneration Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of GrowGeneration Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of GrowGeneration Corp 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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When determining whether GrowGeneration Corp is a strong investment it is important to analyze GrowGeneration Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GrowGeneration Corp's future performance. For an informed investment choice regarding GrowGeneration Stock, refer to the following important reports:Check out GrowGeneration Corp Piotroski F Score and GrowGeneration Corp Altman Z Score analysis. For more detail on how to invest in GrowGeneration Stock please use our How to Invest in GrowGeneration Corp guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Home Improvement Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GrowGeneration Corp. If investors know GrowGeneration will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GrowGeneration Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.147 | Earnings Share (0.88) | Revenue Per Share | Quarterly Revenue Growth (0.10) | Return On Assets |
The market value of GrowGeneration Corp is measured differently than its book value, which is the value of GrowGeneration that is recorded on the company's balance sheet. Investors also form their own opinion of GrowGeneration Corp's value that differs from its market value or its book value, called intrinsic value, which is GrowGeneration Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GrowGeneration Corp's market value can be influenced by many factors that don't directly affect GrowGeneration Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GrowGeneration Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if GrowGeneration Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GrowGeneration Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.