WEBTOON Entertainment reports Q3 results
| WBTN Stock | 13.51 0.81 6.38% |
About 72 percent of all WEBTOON Entertainment's investors are curious in acquiring. The current sentiment regarding investing in WEBTOON Entertainment Common stock implies that quite a few traders are confidant. WEBTOON Entertainment's investing sentiment overview a quick insight into current market opportunities from investing in WEBTOON Entertainment Common. Many technical investors use WEBTOON Entertainment stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
WEBTOON |
Read about WEBTOON Entertainment Inc.s financial performance in the third quarter of 2024, with Non-GAAP EPS of 0.22 and revenue of 347.9M.
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WEBTOON Entertainment Fundamental Analysis
We analyze WEBTOON Entertainment's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WEBTOON Entertainment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WEBTOON Entertainment 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.
Price To Book
Price To Book Comparative Analysis
WEBTOON Entertainment is currently under evaluation in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
WEBTOON Entertainment Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with WEBTOON Entertainment stock to make a market-neutral strategy. Peer analysis of WEBTOON Entertainment could also be used in its relative valuation, which is a method of valuing WEBTOON Entertainment by comparing valuation metrics with similar companies.
Peers
WEBTOON Entertainment Related Equities
| CMG | Chipotle Mexican | 1.53 | ||||
| RAVE | Rave Restaurant | 1.33 | ||||
| WMG | Warner Music | 1.31 | ||||
| ZM | Zoom Video | 1.18 | ||||
| YUM | Yum Brands | 0.23 | ||||
| MMTRS | Mills Music | 0.05 | ||||
| SBFFY | SBM Offshore | 10.11 |
Check out WEBTOON Entertainment Hype Analysis, WEBTOON Entertainment Correlation and WEBTOON Entertainment Performance. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Printing and Publishing 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 WEBTOON Entertainment. If investors know WEBTOON 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 WEBTOON Entertainment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.18) | Revenue Per Share 11.851 | Quarterly Revenue Growth 0.001 |
The market value of WEBTOON Entertainment is measured differently than its book value, which is the value of WEBTOON that is recorded on the company's balance sheet. Investors also form their own opinion of WEBTOON Entertainment's value that differs from its market value or its book value, called intrinsic value, which is WEBTOON Entertainment'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 WEBTOON Entertainment's market value can be influenced by many factors that don't directly affect WEBTOON Entertainment'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 WEBTOON Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if WEBTOON Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WEBTOON Entertainment'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.