Home Financial Statements From 2010 to 2024
| 060560 Stock | KRW 767.00 12.00 1.54% |
Check Home Center financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Home Center's main balance sheet or income statement drivers, such as , as well as many indicators such as . Home financial statements analysis is a perfect complement when working with Home Center Valuation or Volatility modules.
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Home Center Holdings Company Current Valuation Analysis
Home Center's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Home Center Current Valuation | 336.59 B |
Most of Home Center's fundamental indicators, such as Current Valuation, 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, Home Center Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Home Center Holdings has a Current Valuation of 336.59 B. This is much higher than that of the Construction Materials sector and significantly higher than that of the Materials industry. The current valuation for all Republic of Korea stocks is notably lower than that of the firm.
Home Center Holdings Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Home Center's current stock value. Our valuation model uses many indicators to compare Home Center value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Home Center competition to find correlations between indicators driving Home Center's intrinsic value. More Info.Home Center Holdings is number one stock in return on equity category among its peers. It is rated below average in return on asset category among its peers . The ratio of Return On Equity to Return On Asset for Home Center Holdings is about 525.67 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Home Center by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Home Center's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Home Center Financial Statements
Home Center stakeholders use historical fundamental indicators, such as Home Center's revenue or net income, to determine how well the company is positioned to perform in the future. Although Home Center investors may analyze each financial statement separately, they are all interrelated. For example, changes in Home Center's assets and liabilities are reflected in the revenues and expenses on Home Center's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Home Center Holdings. Please read more on our technical analysis and fundamental analysis pages.
Home Center Co., Ltd. engages in the manufacture and sale of readymix concrete in South Korea.
Pair Trading with Home Center
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Home Center position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Home Center will appreciate offsetting losses from the drop in the long position's value.Moving together with Home Stock
Moving against Home Stock
| 0.81 | 105560 | KB Financial Group | PairCorr |
| 0.78 | 024110 | Industrial Bank | PairCorr |
| 0.75 | 032830 | Samsung Life | PairCorr |
| 0.58 | 316140 | Woori Financial Group | PairCorr |
| 0.51 | 001430 | SeAH Bestee | PairCorr |
The ability to find closely correlated positions to Home Center could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Home Center when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Home Center - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Home Center Holdings to buy it.
The correlation of Home Center is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Home Center moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Home Center Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Home Center can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Home Stock
Home Center financial ratios help investors to determine whether Home 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 Home with respect to the benefits of owning Home Center security.