Flat Glass Group Stock Beta
| 601865 Stock | 21.22 0.39 1.80% |
Flat Glass Group fundamentals help investors to digest information that contributes to Flat Glass' financial success or failures. It also enables traders to predict the movement of Flat Stock. The fundamental analysis module provides a way to measure Flat Glass' 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 Flat Glass stock.
Flat | Beta |
Flat Glass Group Company Beta Analysis
Flat Glass' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Flat Glass Beta | 1.23 |
Most of Flat Glass' fundamental indicators, such as Beta, 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, Flat Glass Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Flat Glass Group has a Beta of 1.234. This is 9.93% lower than that of the Building Products sector and significantly higher than that of the Industrials industry. The beta for all China stocks is notably lower than that of the firm.
Flat Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Flat Glass' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Flat Glass could also be used in its relative valuation, which is a method of valuing Flat Glass by comparing valuation metrics of similar companies.Flat Glass is currently under evaluation in beta category among its peers.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Flat Glass will likely underperform.
Flat Fundamentals
| Return On Equity | 0.0942 | ||||
| Return On Asset | 0.0423 | ||||
| Profit Margin | 0.10 % | ||||
| Operating Margin | (0.01) % | ||||
| Current Valuation | 52.76 B | ||||
| Shares Outstanding | 1.89 B | ||||
| Shares Owned By Insiders | 67.21 % | ||||
| Shares Owned By Institutions | 11.85 % | ||||
| Price To Book | 2.20 X | ||||
| Price To Sales | 2.21 X | ||||
| Revenue | 21.52 B | ||||
| Gross Profit | 3.41 B | ||||
| EBITDA | 5.1 B | ||||
| Net Income | 2.76 B | ||||
| Total Debt | 4 B | ||||
| Book Value Per Share | 9.35 X | ||||
| Cash Flow From Operations | 1.97 B | ||||
| Earnings Per Share | 1.37 X | ||||
| Target Price | 25.11 | ||||
| Number Of Employees | 8.24 K | ||||
| Beta | 1.23 | ||||
| Market Capitalization | 44.76 B | ||||
| Total Asset | 42.98 B | ||||
| Retained Earnings | 10 B | ||||
| Working Capital | 7.65 B | ||||
| Net Asset | 42.98 B | ||||
| Last Dividend Paid | 0.24 |
About Flat Glass Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Flat Glass Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Flat Glass using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Flat Glass Group 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.
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Other Information on Investing in Flat Stock
Flat Glass financial ratios help investors to determine whether Flat 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 Flat with respect to the benefits of owning Flat Glass security.