Canterbury Park Holding Stock Beta
| CPHC Stock | USD 20.89 0.89 4.45% |
Canterbury Park Holding fundamentals help investors to digest information that contributes to Canterbury Park's financial success or failures. It also enables traders to predict the movement of Canterbury Stock. The fundamental analysis module provides a way to measure Canterbury Park's 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 Canterbury Park stock.
Canterbury | Beta |
Canterbury Park Holding Company Beta Analysis
Canterbury Park's 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 Canterbury Park Beta | -0.29 |
Most of Canterbury Park's 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, Canterbury Park Holding is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Canterbury Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Canterbury Park is extremely important. It helps to project a fair market value of Canterbury Stock properly, considering its historical fundamentals such as Beta. Since Canterbury Park's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Canterbury Park's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Canterbury Park's interrelated accounts and indicators.
Click cells to compare fundamentals
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, Canterbury Park Holding has a Beta of -0.291. This is 134.64% lower than that of the Hotels, Restaurants & Leisure sector and 120.79% lower than that of the Consumer Discretionary industry. The beta for all United States stocks is 94.0% higher than that of the company.
Canterbury Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canterbury Park's 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 Canterbury Park could also be used in its relative valuation, which is a method of valuing Canterbury Park by comparing valuation metrics of similar companies.Canterbury Park is currently under evaluation in beta category among its peers.
Canterbury Park Current Valuation Drivers
We derive many important indicators used in calculating different scores of Canterbury Park from analyzing Canterbury Park's financial statements. These drivers represent accounts that assess Canterbury Park's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Canterbury Park's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 57.0M | 56.2M | 82.5M | 151.7M | 100.5M | 105.6M | |
| Enterprise Value | 56.8M | 56.5M | 70.7M | 138.8M | 78.7M | 82.6M |
Canterbury Park ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Canterbury Park's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Canterbury Park's managers, analysts, and investors.Environmental | Governance | Social |
Canterbury Park Institutional Holders
Institutional Holdings refers to the ownership stake in Canterbury Park that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Canterbury Park's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Canterbury Park's value.| Shares | T. Rowe Price Associates, Inc. | 2024-09-30 | 11.4 K | Northern Trust Corp | 2024-09-30 | 11.3 K | Blackrock Inc | 2024-06-30 | 8.1 K | Royal Bank Of Canada | 2024-09-30 | 6.4 K | Advisor Group Holdings, Inc. | 2024-09-30 | 1.9 K | Bank Of America Corp | 2024-09-30 | 1.1 K | Ubs Group Ag | 2024-09-30 | 536 | Tower Research Capital Llc | 2024-09-30 | 380 | Versant Capital Management Inc | 2024-09-30 | 135 | Black Diamond Capital Management Llc | 2024-09-30 | 849.4 K | Gamco Investors, Inc. Et Al | 2024-09-30 | 373.5 K |
As returns on the market increase, returns on owning Canterbury Park are expected to decrease at a much lower rate. During the bear market, Canterbury Park is likely to outperform the market.
Canterbury Fundamentals
| Return On Equity | 0.0473 | ||||
| Return On Asset | 0.0318 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 78.86 M | ||||
| Shares Outstanding | 5.02 M | ||||
| Shares Owned By Insiders | 34.09 % | ||||
| Shares Owned By Institutions | 42.50 % | ||||
| Number Of Shares Shorted | 2.41 K | ||||
| Price To Earning | 121.99 X | ||||
| Price To Book | 1.23 X | ||||
| Price To Sales | 1.69 X | ||||
| Revenue | 61.44 M | ||||
| Gross Profit | 26.84 M | ||||
| EBITDA | 8.31 M | ||||
| Net Income | 10.56 M | ||||
| Cash And Equivalents | 14.65 M | ||||
| Cash Per Share | 3.01 X | ||||
| Total Debt | 62.4 K | ||||
| Current Ratio | 1.93 X | ||||
| Book Value Per Share | 16.48 X | ||||
| Cash Flow From Operations | 11.54 M | ||||
| Short Ratio | 1.53 X | ||||
| Earnings Per Share | 0.98 X | ||||
| Target Price | 11.0 | ||||
| Number Of Employees | 227 | ||||
| Beta | -0.29 | ||||
| Market Capitalization | 102.3 M | ||||
| Total Asset | 104.68 M | ||||
| Retained Earnings | 54.4 M | ||||
| Working Capital | 25.22 M | ||||
| Current Asset | 4.48 M | ||||
| Current Liabilities | 5.12 M | ||||
| Annual Yield | 0.01 % | ||||
| Net Asset | 104.68 M |
About Canterbury Park Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canterbury Park Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canterbury Park using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canterbury Park Holding 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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Canterbury Park Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Canterbury Park's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Canterbury Park Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Canterbury Park Holding Stock:Check out Canterbury Park Piotroski F Score and Canterbury Park Altman Z Score analysis. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canterbury Park. If investors know Canterbury will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canterbury Park listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.94) | Earnings Share 0.98 | Revenue Per Share 12.525 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0318 |
The market value of Canterbury Park Holding is measured differently than its book value, which is the value of Canterbury that is recorded on the company's balance sheet. Investors also form their own opinion of Canterbury Park's value that differs from its market value or its book value, called intrinsic value, which is Canterbury Park's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canterbury Park's market value can be influenced by many factors that don't directly affect Canterbury Park's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canterbury Park's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canterbury Park is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canterbury Park's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.