Amcon Distributing Stock Beta

DIT Stock

USD 134.82 6.19 4.81%

AMCON Distributing fundamentals help investors to digest information that contributes to AMCON Distributing's financial success or failures. It also enables traders to predict the movement of AMCON Stock. The fundamental analysis module provides a way to measure AMCON Distributing'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 AMCON Distributing stock.

Short Long Term Debt Total Total Assets

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AMCON Distributing Company Beta Analysis

AMCON Distributing'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.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current AMCON Distributing Beta

0.54

Most of AMCON Distributing'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, AMCON Distributing is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

AMCON Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for AMCON Distributing is extremely important. It helps to project a fair market value of AMCON Stock properly, considering its historical fundamentals such as Beta. Since AMCON Distributing'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 AMCON Distributing'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 AMCON Distributing's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Short Term Investments	Total Liab	Total Current Assets	Short Term Debt	Current Deferred Revenue	Long Term Debt	Good Will	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Treasury Stock	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.94	0.98	0.95	0.98	0.7	0.82	0.99	0.7	0.94	0.78	0.96	-0.37	-0.27	-0.25	0.97	0.82	0.94	0.75	-0.48	-0.75	0.85	0.91	0.89	0.96
Total Stockholder Equity	0.94		0.86	0.98	0.94	0.64	0.7	0.9	0.64	0.83	0.68	0.81	-0.26	-0.48	-0.51	0.88	0.8	0.81	0.76	-0.35	-0.72	0.77	0.78	0.75	0.85
Net Debt	0.98	0.86		0.9	0.95	0.68	0.87	0.99	0.68	0.94	0.81	0.99	-0.44	-0.18	-0.1	0.95	0.81	0.97	0.74	-0.56	-0.76	0.84	0.93	0.92	0.97
Retained Earnings	0.95	0.98	0.9		0.92	0.59	0.81	0.91	0.59	0.86	0.8	0.85	-0.43	-0.53	-0.44	0.88	0.87	0.87	0.85	-0.5	-0.85	0.74	0.8	0.79	0.86
Accounts Payable	0.98	0.94	0.95	0.92		0.79	0.76	0.97	0.79	0.94	0.72	0.92	-0.33	-0.22	-0.25	0.97	0.77	0.92	0.69	-0.41	-0.66	0.92	0.87	0.83	0.97
Net Receivables	0.7	0.64	0.68	0.59	0.79		0.51	0.7	1.0	0.77	0.47	0.67	-0.27	0.07	-0.03	0.72	0.4	0.68	0.35	-0.26	-0.3	0.96	0.56	0.42	0.8
Short Term Investments	0.82	0.7	0.87	0.81	0.76	0.51		0.84	0.51	0.85	0.89	0.83	-0.69	-0.4	-0.08	0.78	0.8	0.9	0.78	-0.67	-0.89	0.63	0.76	0.77	0.81
Total Liab	0.99	0.9	0.99	0.91	0.97	0.7	0.84		0.7	0.95	0.79	0.98	-0.4	-0.2	-0.16	0.97	0.81	0.96	0.73	-0.51	-0.74	0.86	0.93	0.91	0.98
Total Current Assets	0.7	0.64	0.68	0.59	0.79	1.0	0.51	0.7		0.77	0.47	0.67	-0.27	0.07	-0.03	0.72	0.4	0.68	0.35	-0.26	-0.3	0.96	0.56	0.42	0.8
Short Term Debt	0.94	0.83	0.94	0.86	0.94	0.77	0.85	0.95	0.77		0.77	0.91	-0.46	-0.16	-0.08	0.94	0.78	0.93	0.68	-0.48	-0.69	0.87	0.84	0.78	0.97
Current Deferred Revenue	0.78	0.68	0.81	0.8	0.72	0.47	0.89	0.79	0.47	0.77		0.78	-0.85	-0.44	-0.11	0.72	0.76	0.86	0.82	-0.82	-0.93	0.62	0.68	0.69	0.72
Long Term Debt	0.96	0.81	0.99	0.85	0.92	0.67	0.83	0.98	0.67	0.91	0.78		-0.42	-0.08	-0.01	0.94	0.77	0.97	0.7	-0.56	-0.72	0.84	0.94	0.93	0.96
Good Will	-0.37	-0.26	-0.44	-0.43	-0.33	-0.27	-0.69	-0.4	-0.27	-0.46	-0.85	-0.42		0.33	-0.12	-0.32	-0.42	-0.56	-0.56	0.83	0.74	-0.34	-0.26	-0.28	-0.38
Intangible Assets	-0.27	-0.48	-0.18	-0.53	-0.22	0.07	-0.4	-0.2	0.07	-0.16	-0.44	-0.08	0.33		0.81	-0.12	-0.47	-0.2	-0.56	0.27	0.61	0.03	-0.07	-0.11	-0.07
Common Stock	-0.25	-0.51	-0.1	-0.44	-0.25	-0.03	-0.08	-0.16	-0.03	-0.08	-0.11	-0.01	-0.12	0.81		-0.11	-0.25	-0.03	-0.25	-0.13	0.23	-0.04	-0.03	-0.04	-0.05
Property Plant Equipment	0.97	0.88	0.95	0.88	0.97	0.72	0.78	0.97	0.72	0.94	0.72	0.94	-0.32	-0.12	-0.11		0.77	0.93	0.68	-0.41	-0.66	0.87	0.91	0.89	0.98
Net Tangible Assets	0.82	0.8	0.81	0.87	0.77	0.4	0.8	0.81	0.4	0.78	0.76	0.77	-0.42	-0.47	-0.25	0.77		0.8	0.95	-0.55	-0.86	0.56	0.85	0.79	0.72
Long Term Debt Total	0.94	0.81	0.97	0.87	0.92	0.68	0.9	0.96	0.68	0.93	0.86	0.97	-0.56	-0.2	-0.03	0.93	0.8		0.76	-0.66	-0.8	0.83	0.88	0.88	0.94
Capital Surpluse	0.75	0.76	0.74	0.85	0.69	0.35	0.78	0.73	0.35	0.68	0.82	0.7	-0.56	-0.56	-0.25	0.68	0.95	0.76		-0.68	-0.93	0.5	0.74	0.71	0.64
Deferred Long Term Liab	-0.48	-0.35	-0.56	-0.5	-0.41	-0.26	-0.67	-0.51	-0.26	-0.48	-0.82	-0.56	0.83	0.27	-0.13	-0.41	-0.55	-0.66	-0.68		0.76	-0.38	-0.44	-0.46	-0.43
Treasury Stock	-0.75	-0.72	-0.76	-0.85	-0.66	-0.3	-0.89	-0.74	-0.3	-0.69	-0.93	-0.72	0.74	0.61	0.23	-0.66	-0.86	-0.8	-0.93	0.76		-0.46	-0.66	-0.69	-0.64
Short Long Term Debt	0.85	0.77	0.84	0.74	0.92	0.96	0.63	0.86	0.96	0.87	0.62	0.84	-0.34	0.03	-0.04	0.87	0.56	0.83	0.5	-0.38	-0.46		0.74	0.64	0.92
Net Invested Capital	0.91	0.78	0.93	0.8	0.87	0.56	0.76	0.93	0.56	0.84	0.68	0.94	-0.26	-0.07	-0.03	0.91	0.85	0.88	0.74	-0.44	-0.66	0.74		0.96	0.89
Net Working Capital	0.89	0.75	0.92	0.79	0.83	0.42	0.77	0.91	0.42	0.78	0.69	0.93	-0.28	-0.11	-0.04	0.89	0.79	0.88	0.71	-0.46	-0.69	0.64	0.96		0.85
Capital Stock	0.96	0.85	0.97	0.86	0.97	0.8	0.81	0.98	0.8	0.97	0.72	0.96	-0.38	-0.07	-0.05	0.98	0.72	0.94	0.64	-0.43	-0.64	0.92	0.89	0.85

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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

Predict AMCON Distributing

In accordance with the recently published financial statements, AMCON Distributing has a Beta of 0.541. This is 56.02% lower than that of the Distributors sector and 41.83% lower than that of the Consumer Discretionary industry. The beta for all United States stocks is notably lower than that of the firm.

AMCON Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses AMCON Distributing'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 AMCON Distributing could also be used in its relative valuation, which is a method of valuing AMCON Distributing by comparing valuation metrics of similar companies.

AMCON Distributing is currently under evaluation in beta category among its peers.

AMCON Distributing 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, AMCON Distributing's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to AMCON Distributing's managers, analysts, and investors.

Environmental

Governance

Social

As returns on the market increase, AMCON Distributing's returns are expected to increase less than the market. However, during the bear market, the loss of holding AMCON Distributing is expected to be smaller as well.

AMCON Fundamentals

	Return On Equity	0.0377
	Return On Asset	0.0305
	Profit Margin	0 %
	Operating Margin	0.01 %
	Current Valuation	255.19 M
	Shares Outstanding	645.46 K
	Shares Owned By Insiders	73.01 %
	Shares Owned By Institutions	11.19 %
	Number Of Shares Shorted	430
	Price To Earning	10.33 X
	Price To Book	0.78 X
	Price To Sales	0.04 X
	Revenue	2.71 B
	Gross Profit	127.72 M
	EBITDA	27.37 M
	Net Income	4.34 M
	Cash And Equivalents	600.94 K
	Cash Per Share	1.03 X
	Total Debt	168.84 M
	Debt To Equity	1.36 %
	Current Ratio	3.18 X
	Book Value Per Share	177.25 X
	Cash Flow From Operations	67.87 M
	Short Ratio	3.44 X
	Earnings Per Share	6.71 X
	Number Of Employees	1.36 K
	Beta	0.54
	Market Capitalization	83.29 M
	Total Asset	374.11 M
	Retained Earnings	108.55 M
	Working Capital	135.83 M
	Current Asset	89.26 M
	Current Liabilities	28.9 M
	Annual Yield	0.01 %
	Five Year Return	0.74 %
	Net Asset	374.11 M
	Last Dividend Paid	0.72

About AMCON Distributing Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze AMCON Distributing's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AMCON Distributing using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AMCON Distributing 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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Additional Tools for AMCON Stock Analysis

When running AMCON Distributing's price analysis, check to measure AMCON Distributing'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 AMCON Distributing is operating at the current time. Most of AMCON Distributing's value examination focuses on studying past and present price action to predict the probability of AMCON Distributing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AMCON Distributing's price. Additionally, you may evaluate how the addition of AMCON Distributing to your portfolios can decrease your overall portfolio volatility.

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