Netmarble Games Corp Stock Price To Book
| 251270 Stock | 54,500 1,100 2.06% |
Netmarble Games Corp fundamentals help investors to digest information that contributes to Netmarble Games' financial success or failures. It also enables traders to predict the movement of Netmarble Stock. The fundamental analysis module provides a way to measure Netmarble Games' 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 Netmarble Games stock.
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Netmarble Games Corp Company Price To Book Analysis
Netmarble Games' 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.
Current Netmarble Games Price To Book | 0.74 X |
Most of Netmarble Games' fundamental indicators, such as Price To Book, 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, Netmarble Games Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Netmarble Games Corp has a Price To Book of 0.7354 times. This is 93.57% lower than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The price to book for all Republic of Korea stocks is 92.27% higher than that of the company.
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Netmarble Fundamentals
| Return On Equity | -0.058 | |||
| Return On Asset | -0.0042 | |||
| Profit Margin | (0.11) % | |||
| Operating Margin | (0.02) % | |||
| Current Valuation | 5.9 T | |||
| Shares Outstanding | 81.93 M | |||
| Shares Owned By Insiders | 70.29 % | |||
| Shares Owned By Institutions | 10.56 % | |||
| Price To Book | 0.74 X | |||
| Price To Sales | 1.50 X | |||
| Revenue | 2.51 T | |||
| Gross Profit | 2.51 T | |||
| EBITDA | 537.95 B | |||
| Net Income | 240.24 B | |||
| Total Debt | 698.99 B | |||
| Cash Flow From Operations | 137.46 B | |||
| Earnings Per Share | (193.90) X | |||
| Target Price | 60029.0 | |||
| Number Of Employees | 824 | |||
| Beta | 0.75 | |||
| Market Capitalization | 4.65 T | |||
| Total Asset | 10.66 T | |||
| Z Score | 3.6 | |||
| Annual Yield | 0.01 % | |||
| Net Asset | 10.66 T | |||
| Last Dividend Paid | 528.0 |
About Netmarble Games Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Netmarble Games Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Netmarble Games using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Netmarble Games Corp 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 Netmarble Games
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 Netmarble Games 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 Netmarble Games will appreciate offsetting losses from the drop in the long position's value.Moving together with Netmarble Stock
The ability to find closely correlated positions to Netmarble Games could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Netmarble Games 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 Netmarble Games - 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 Netmarble Games Corp to buy it.
The correlation of Netmarble Games 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 Netmarble Games moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Netmarble Games Corp 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 Netmarble Games 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 Netmarble Stock
Netmarble Games financial ratios help investors to determine whether Netmarble 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 Netmarble with respect to the benefits of owning Netmarble Games security.