Is KORE Group Stock a Good Investment?
KORE Group Investment Advice | KORE |
- Examine KORE Group's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research KORE Group's leadership team and their track record. Good management can help KORE Group navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Diversified Telecommunication Services space and any emerging trends that could impact KORE Group's business and its evolving consumer preferences.
- Compare KORE Group's performance and market position to its competitors. Analyze how KORE Group is positioned in terms of product offerings, innovation, and market share.
- Check if KORE Group pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about KORE Group's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in KORE Group Holdings stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if KORE Group Holdings is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | OK | Details | |
Volatility | Very risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Above Average | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine KORE Group Stock
Researching KORE Group's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 42.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.19. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. KORE Group Holdings has Price/Earnings To Growth (PEG) ratio of 0.14. The entity recorded a loss per share of 8.0. The firm had not issued any dividends in recent years. KORE Group had 1:5 split on the 1st of July 2024.
To determine if KORE Group is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding KORE Group's research are outlined below:
| KORE Group Holdings is way too risky over 90 days horizon | |
| KORE Group Holdings appears to be risky and price may revert if volatility continues | |
| KORE Group Holdings has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 276.61 M. Net Loss for the year was (167.04 M) with profit before overhead, payroll, taxes, and interest of 155.52 M. | |
| KORE Group Holdings currently holds about 40.44 M in cash with (6.42 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.53. | |
| KORE Group Holdings has a frail financial position based on the latest SEC disclosures | |
| Roughly 42.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from MacroaxisInsider: Acquisition by Bo-linn Cheemin of 223880 shares of KORE Group subject to Rule 16b-3 |
KORE Group uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in KORE Group Holdings. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to KORE Group's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 25th of March 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 25th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact KORE Group's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises KORE Group's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2022-11-14 | 2022-09-30 | -0.13 | -0.17 | -0.04 | 30 | ||
2023-03-27 | 2022-12-31 | -0.11 | -0.16 | -0.05 | 45 | ||
2022-05-16 | 2022-03-31 | -0.09 | -0.15 | -0.06 | 66 | ||
2022-03-29 | 2021-12-31 | -0.11 | -0.17 | -0.06 | 54 | ||
2023-11-09 | 2023-09-30 | -0.13 | -0.2 | -0.07 | 53 | ||
2024-05-15 | 2024-03-31 | -0.08 | -0.16 | -0.08 | 100 | ||
2022-08-11 | 2022-06-30 | -0.07 | -0.15 | -0.08 | 114 | ||
2024-11-13 | 2024-09-30 | -0.63 | -0.719 | -0.089 | 14 |
Know KORE Group's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as KORE Group is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading KORE Group Holdings backward and forwards among themselves. KORE Group's institutional investor refers to the entity that pools money to purchase KORE Group's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | State Street Corp | 2024-12-31 | 23.7 K | Renaissance Technologies Corp | 2024-12-31 | 22.6 K | Northern Trust Corp | 2024-12-31 | 13.2 K | Blackrock Inc | 2024-12-31 | 13.1 K | Ubs Group Ag | 2024-12-31 | 3 K | Steward Partners Investment Advisory, Llc | 2024-12-31 | 1.4 K | Tower Research Capital Llc | 2024-12-31 | 548 | Bank Of America Corp | 2024-12-31 | 63.0 | Jpmorgan Chase & Co | 2024-12-31 | 22.0 | Ci Private Wealth Llc | 2024-12-31 | 2.1 M | Kim, Llc | 2024-12-31 | 2 M |
KORE Group's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 43.88 M.Market Cap |
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KORE Group's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (1.54) | (1.47) | |
| Return On Capital Employed | 0.02 | 0.02 | |
| Return On Assets | (0.33) | (0.31) | |
| Return On Equity | (5.20) | (4.94) |
Determining KORE Group's profitability involves analyzing its financial statements and using various financial metrics to determine if KORE Group is a good buy. For example, gross profit margin measures KORE Group's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of KORE Group's profitability and make more informed investment decisions.
Please note, the presentation of KORE Group's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, KORE Group's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of KORE Group's management manipulating its earnings.
Evaluate KORE Group's management efficiency
KORE Group Holdings has return on total asset (ROA) of (0.043) % which means that it has lost $0.043 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (3.3695) %, meaning that it created substantial loss on money invested by shareholders. KORE Group's management efficiency ratios could be used to measure how well KORE Group manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Capital Employed is expected to grow to 0.02, whereas Return On Tangible Assets are projected to grow to (1.47). At present, KORE Group's Non Current Assets Total are projected to decrease significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 172.9 M, whereas Non Currrent Assets Other are forecasted to decline to about 1.3 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 2.54 | 2.41 | |
| Tangible Book Value Per Share | (22.85) | (23.99) | |
| Enterprise Value Over EBITDA | (6.23) | (5.92) | |
| Price Book Value Ratio | 2.00 | 1.15 | |
| Enterprise Value Multiple | (6.23) | (5.92) | |
| Price Fair Value | 2.00 | 1.15 | |
| Enterprise Value | 328.1 M | 316.2 M |
The strategic initiatives led by KORE Group's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Beta 1.859 |
Basic technical analysis of KORE Stock
As of the 24th of March, KORE Group secures the mean deviation of 5.09, and Risk Adjusted Performance of 0.1823. KORE Group Holdings technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Please verify KORE Group Holdings variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if KORE Group Holdings is priced more or less accurately, providing market reflects its recent price of 2.59 per share. Please also check out KORE Group total risk alpha, which is currently at 2.02 to check the company can sustain itself at some point in the future.KORE Group's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific KORE Group insiders, such as employees or executives, is commonly permitted as long as it does not rely on KORE Group's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases KORE Group insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
KORE Group's Outstanding Corporate Bonds
KORE Group issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. KORE Group Holdings uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most KORE bonds can be classified according to their maturity, which is the date when KORE Group Holdings has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 4875 Corp BondUS55336VAJ98 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Korn Ferry International Corp BondUS50067PAA75 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Understand KORE Group's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing KORE Group's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1823 | |||
| Market Risk Adjusted Performance | 1.4 | |||
| Mean Deviation | 5.09 | |||
| Semi Deviation | 4.39 | |||
| Downside Deviation | 5.35 | |||
| Coefficient Of Variation | 511.17 | |||
| Standard Deviation | 7.47 | |||
| Variance | 55.86 | |||
| Information Ratio | 0.2033 | |||
| Jensen Alpha | 1.52 | |||
| Total Risk Alpha | 2.02 | |||
| Sortino Ratio | 0.2838 | |||
| Treynor Ratio | 1.39 | |||
| Maximum Drawdown | 44.88 | |||
| Value At Risk | (8.23) | |||
| Potential Upside | 14.41 | |||
| Downside Variance | 28.67 | |||
| Semi Variance | 19.29 | |||
| Expected Short fall | (6.12) | |||
| Skewness | 1.41 | |||
| Kurtosis | 3.99 |
| Risk Adjusted Performance | 0.1823 | |||
| Market Risk Adjusted Performance | 1.4 | |||
| Mean Deviation | 5.09 | |||
| Semi Deviation | 4.39 | |||
| Downside Deviation | 5.35 | |||
| Coefficient Of Variation | 511.17 | |||
| Standard Deviation | 7.47 | |||
| Variance | 55.86 | |||
| Information Ratio | 0.2033 | |||
| Jensen Alpha | 1.52 | |||
| Total Risk Alpha | 2.02 | |||
| Sortino Ratio | 0.2838 | |||
| Treynor Ratio | 1.39 | |||
| Maximum Drawdown | 44.88 | |||
| Value At Risk | (8.23) | |||
| Potential Upside | 14.41 | |||
| Downside Variance | 28.67 | |||
| Semi Variance | 19.29 | |||
| Expected Short fall | (6.12) | |||
| Skewness | 1.41 | |||
| Kurtosis | 3.99 |
Consider KORE Group's intraday indicators
KORE Group intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of KORE Group stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 325.61 | |||
| Daily Balance Of Power | 0.0588 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 2.53 | |||
| Day Typical Price | 2.55 | |||
| Price Action Indicator | 0.07 | |||
| Period Momentum Indicator | 0.01 |
KORE Group Corporate Filings
| 18th of March 2025 Other Reports | ViewVerify | |
F4 | 19th of February 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 28th of January 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 20th of November 2024 Other Reports | ViewVerify |
KORE Stock media impact
Far too much social signal, news, headlines, and media speculation about KORE Group that are available to investors today. That information is available publicly through KORE media outlets and privately through word of mouth or via KORE internal channels. However, regardless of the origin, that massive amount of KORE data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of KORE Group news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of KORE Group relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to KORE Group's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive KORE Group alpha.
KORE Group Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards KORE Group can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
KORE Group Corporate Management
| Jared Deith | Executive Officer | Profile | |
| Vik Vijayvergiya | Corporate Relations | Profile | |
| Louise Winstone | Executive Officer | Profile | |
| Jack Kennedy | Chief VP | Profile | |
| Karen Oyhenart | Senior Resources | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KORE Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Diversified Telecommunication Services 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 KORE Group. If investors know KORE 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 KORE Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (8.00) | Revenue Per Share | Quarterly Revenue Growth 0.004 | Return On Assets | Return On Equity |
The market value of KORE Group Holdings is measured differently than its book value, which is the value of KORE that is recorded on the company's balance sheet. Investors also form their own opinion of KORE Group's value that differs from its market value or its book value, called intrinsic value, which is KORE Group'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 KORE Group's market value can be influenced by many factors that don't directly affect KORE Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between KORE Group's value and its price, as these two are different measures arrived at by various means. Investors typically determine if KORE Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KORE Group'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.