Formetal Financials
| 119500 Stock | KRW 3,525 520.00 17.30% |
Formetal |
Understanding current and past Formetal Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Formetal's financial statements are interrelated, with each one affecting the others. For example, an increase in Formetal's assets may result in an increase in income on the income statement.
Please note, the presentation of Formetal'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, Formetal's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Formetal's management manipulating its earnings.
Formetal Stock Summary
Formetal competes with Rainbow Robotics, COWINTECH, CS BEARING, Young Poong, and DAEMO Engineering. Formetal Co., Ltd. operates as a metal forging company in Korea. Formetal Co., Ltd. was founded in 1969 and is based in Seosan, South Korea. FORMETAL is traded on Korean Securities Dealers Automated Quotations in South Korea.| Instrument | Korea Stock View All |
| Exchange | KOSDAQ |
| ISIN | KR7119500007 |
| Business Address | 1741, Mujang-ri, Seosan, |
| Industry | Machinery |
| Benchmark | Dow Jones Industrial |
| Website | www.formetal.co.kr |
| Phone | 82 4 1670 6200 |
| Currency | KRW - South Korean Won |
You should never invest in Formetal without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Formetal Stock, because this is throwing your money away. Analyzing the key information contained in Formetal's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Formetal Key Financial Ratios
Formetal's financial ratios allow both analysts and investors to convert raw data from Formetal's financial statements into concise, actionable information that can be used to evaluate the performance of Formetal over time and compare it to other companies across industries.| Return On Equity | 3.15 | |||
| Return On Asset | 0.0192 | |||
| Target Price | 7500.0 | |||
| Number Of Employees | 11 | |||
| Beta | 1.65 |
Formetal Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Formetal's current stock value. Our valuation model uses many indicators to compare Formetal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Formetal competition to find correlations between indicators driving Formetal's intrinsic value. More Info.Formetal Co is rated below average in return on equity category among its peers. It is rated second in return on asset category among its peers reporting about 0.01 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Formetal Co is roughly 164.14 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Formetal by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Formetal'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.Formetal Systematic Risk
Formetal's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Formetal volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Formetal correlated with the market. If Beta is less than 0 Formetal generally moves in the opposite direction as compared to the market. If Formetal Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Formetal is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Formetal is generally in the same direction as the market. If Beta > 1 Formetal moves generally in the same direction as, but more than the movement of the benchmark.
Formetal Thematic Clasifications
Formetal Co is part of several thematic ideas from Copper to Heavy Metals. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasFormetal December 12, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Formetal help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Formetal Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Formetal Co based on widely used predictive technical indicators. In general, we focus on analyzing Formetal Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Formetal's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.96 | |||
| Information Ratio | 0.0909 | |||
| Maximum Drawdown | 13.02 | |||
| Value At Risk | (3.06) | |||
| Potential Upside | 5.07 |
Complementary Tools for Formetal Stock analysis
When running Formetal's price analysis, check to measure Formetal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Formetal is operating at the current time. Most of Formetal's value examination focuses on studying past and present price action to predict the probability of Formetal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formetal's price. Additionally, you may evaluate how the addition of Formetal to your portfolios can decrease your overall portfolio volatility.
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