Wonik Materials Coltd Stock Price To Earnings To Growth
| 104830 Stock | 18,560 1,080 6.18% |
WONIK Materials CoLtd fundamentals help investors to digest information that contributes to WONIK Materials' financial success or failures. It also enables traders to predict the movement of WONIK Stock. The fundamental analysis module provides a way to measure WONIK Materials' 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 WONIK Materials stock.
WONIK |
WONIK Materials CoLtd Company Price To Earnings To Growth Analysis
WONIK Materials' PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
| Competition |
Based on the latest financial disclosure, WONIK Materials CoLtd has a Price To Earnings To Growth of 0.0 times. This is 100.0% lower than that of the Chemicals sector and about the same as Materials (which currently averages 0.0) industry. The price to earnings to growth for all Republic of Korea stocks is 100.0% higher than that of the company.
Did you try this?
Run My Watchlist Analysis Now
My Watchlist AnalysisAnalyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |
| All Next | Launch Module |
WONIK Fundamentals
| Return On Equity | 14.95 | |||
| Return On Asset | 0.0696 | |||
| Profit Margin | 0.20 % | |||
| Operating Margin | 0.16 % | |||
| Current Valuation | 416.28 B | |||
| Shares Outstanding | 12.61 M | |||
| Shares Owned By Insiders | 45.69 % | |||
| Shares Owned By Institutions | 35.38 % | |||
| Price To Sales | 1.08 X | |||
| Revenue | 310.73 B | |||
| Gross Profit | 85.2 B | |||
| EBITDA | 70.48 B | |||
| Net Income | 52.8 B | |||
| Cash And Equivalents | 44.86 B | |||
| Total Debt | 402.89 M | |||
| Cash Flow From Operations | 59.02 B | |||
| Target Price | 45000.0 | |||
| Number Of Employees | 444 | |||
| Beta | 0.96 | |||
| Market Capitalization | 371.31 B | |||
| Total Asset | 462.93 B | |||
| Annual Yield | 0.01 % | |||
| Net Asset | 462.93 B |
About WONIK Materials Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze WONIK Materials CoLtd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WONIK Materials using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WONIK Materials CoLtd 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.
Pair Trading with WONIK Materials
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 WONIK Materials 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 WONIK Materials will appreciate offsetting losses from the drop in the long position's value.Moving together with WONIK Stock
| 0.79 | 051910 | LG Chemicals | PairCorr |
| 0.89 | 005490 | POSCO Holdings | PairCorr |
| 0.97 | 009830 | Hanwha Solutions | PairCorr |
| 0.67 | 011170 | Lotte Chemical Corp | PairCorr |
| 0.76 | 004020 | Hyundai Steel | PairCorr |
Moving against WONIK Stock
The ability to find closely correlated positions to WONIK Materials could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WONIK Materials 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 WONIK Materials - 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 WONIK Materials CoLtd to buy it.
The correlation of WONIK Materials 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 WONIK Materials moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WONIK Materials CoLtd 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 WONIK Materials 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 WONIK Stock
WONIK Materials financial ratios help investors to determine whether WONIK 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 WONIK with respect to the benefits of owning WONIK Materials security.