Prima Alloy Steel Stock Beta
| PRAS Stock | IDR 97.00 0.00 0.00% |
Prima Alloy Steel fundamentals help investors to digest information that contributes to Prima Alloy's financial success or failures. It also enables traders to predict the movement of Prima Stock. The fundamental analysis module provides a way to measure Prima Alloy'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 Prima Alloy stock.
Prima |
Prima Alloy Steel Company Beta Analysis
Prima Alloy'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 Prima Alloy Beta | -0.23 |
Most of Prima Alloy'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, Prima Alloy Steel 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.
| Competition |
In accordance with the recently published financial statements, Prima Alloy Steel has a Beta of -0.2254. This is 126.83% lower than that of the Auto Components sector and 115.23% lower than that of the Consumer Discretionary industry. The beta for all Indonesia stocks is 50.27% higher than that of the company.
Prima Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Prima Alloy'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 Prima Alloy could also be used in its relative valuation, which is a method of valuing Prima Alloy by comparing valuation metrics of similar companies.Prima Alloy is currently under evaluation in beta category among its peers.
As returns on the market increase, returns on owning Prima Alloy are expected to decrease at a much lower rate. During the bear market, Prima Alloy is likely to outperform the market.
Prima Fundamentals
| Return On Equity | -0.13 | |||
| Return On Asset | -0.0082 | |||
| Profit Margin | (0.52) % | |||
| Operating Margin | (0.18) % | |||
| Current Valuation | 1.08 T | |||
| Shares Outstanding | 701.04 M | |||
| Shares Owned By Insiders | 59.02 % | |||
| Price To Earning | 25.65 X | |||
| Price To Sales | 0.92 X | |||
| Revenue | 262.06 B | |||
| Gross Profit | 45.41 B | |||
| EBITDA | 37.04 B | |||
| Net Income | (710.08 M) | |||
| Cash And Equivalents | 1.86 B | |||
| Cash Per Share | 3.59 X | |||
| Total Debt | 858.21 B | |||
| Debt To Equity | 1.96 % | |||
| Current Ratio | 1.84 X | |||
| Book Value Per Share | 620.41 X | |||
| Cash Flow From Operations | 31.65 B | |||
| Earnings Per Share | 47.85 X | |||
| Number Of Employees | 516 | |||
| Beta | -0.23 | |||
| Market Capitalization | 93.24 B | |||
| Total Asset | 1.64 T | |||
| Net Asset | 1.64 T |
About Prima Alloy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Prima Alloy Steel's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Prima Alloy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Prima Alloy Steel 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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Prima Alloy financial ratios help investors to determine whether Prima 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 Prima with respect to the benefits of owning Prima Alloy security.