Environmental Waste International Stock Beta
| EWS Stock | CAD 0.01 0.01 50.00% |
Environmental Waste International fundamentals help investors to digest information that contributes to Environmental Waste's financial success or failures. It also enables traders to predict the movement of Environmental Stock. The fundamental analysis module provides a way to measure Environmental Waste'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 Environmental Waste stock.
Environmental | Beta |
Environmental Waste International Company Beta Analysis
Environmental Waste'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 Environmental Waste Beta | -0.23 |
Most of Environmental Waste'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, Environmental Waste International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Environmental Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Environmental Waste is extremely important. It helps to project a fair market value of Environmental Stock properly, considering its historical fundamentals such as Beta. Since Environmental Waste'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 Environmental Waste'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 Environmental Waste'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, Environmental Waste International has a Beta of -0.228. This is 116.64% lower than that of the Machinery sector and 116.17% lower than that of the Industrials industry. The beta for all Canada stocks is 52.0% higher than that of the company.
Environmental Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Environmental Waste'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 Environmental Waste could also be used in its relative valuation, which is a method of valuing Environmental Waste by comparing valuation metrics of similar companies.Environmental Waste is currently under evaluation in beta category among its peers.
Environmental Waste Current Valuation Drivers
We derive many important indicators used in calculating different scores of Environmental Waste from analyzing Environmental Waste's financial statements. These drivers represent accounts that assess Environmental Waste's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Environmental Waste's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 11.0M | 54.1M | 27.9M | 7.9M | 2.8M | 2.7M | |
| Enterprise Value | 14.8M | 57.5M | 30.8M | 11.8M | 7.3M | 12.1M |
As returns on the market increase, returns on owning Environmental Waste are expected to decrease at a much lower rate. During the bear market, Environmental Waste is likely to outperform the market.
Environmental Fundamentals
| Return On Asset | -0.28 | |||
| Current Valuation | 6.17 M | |||
| Shares Outstanding | 330.7 M | |||
| Shares Owned By Insiders | 11.36 % | |||
| Number Of Shares Shorted | 3.12 K | |||
| Price To Earning | (4.09) X | |||
| Price To Sales | 262.31 X | |||
| Gross Profit | (631.94 K) | |||
| EBITDA | (1.57 M) | |||
| Net Income | (1.83 M) | |||
| Cash And Equivalents | 507.9 K | |||
| Total Debt | 4.51 M | |||
| Debt To Equity | 7.08 % | |||
| Current Ratio | 0.36 X | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | (879.42 K) | |||
| Earnings Per Share | (0.01) X | |||
| Target Price | 0.65 | |||
| Beta | -0.23 | |||
| Market Capitalization | 1.65 M | |||
| Total Asset | 3.06 M | |||
| Retained Earnings | (70.4 M) | |||
| Working Capital | (4.52 M) | |||
| Net Asset | 3.06 M |
About Environmental Waste Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Environmental Waste International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Environmental Waste using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Environmental Waste International 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 Environmental Stock Analysis
When running Environmental Waste's price analysis, check to measure Environmental Waste'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 Environmental Waste is operating at the current time. Most of Environmental Waste's value examination focuses on studying past and present price action to predict the probability of Environmental Waste's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Environmental Waste's price. Additionally, you may evaluate how the addition of Environmental Waste to your portfolios can decrease your overall portfolio volatility.