Sarine Technologies Stock Beta
| SARN Stock | 61.00 0.90 1.50% |
Sarine Technologies fundamentals help investors to digest information that contributes to Sarine Technologies' financial success or failures. It also enables traders to predict the movement of Sarine Stock. The fundamental analysis module provides a way to measure Sarine Technologies' 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 Sarine Technologies stock.
Sarine |
Sarine Technologies Company Beta Analysis
Sarine Technologies' 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 Sarine Technologies Beta | 1.18 |
Most of Sarine Technologies' 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, Sarine Technologies 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, Sarine Technologies has a Beta of 1.182. This is 11.51% higher than that of the Technology sector and 8.44% higher than that of the Scientific & Technical Instruments industry. The beta for all Israel stocks is notably lower than that of the firm.
Sarine Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sarine Technologies' 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 Sarine Technologies could also be used in its relative valuation, which is a method of valuing Sarine Technologies by comparing valuation metrics of similar companies.Sarine Technologies is rated below average 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, Sarine Technologies will likely underperform.
Sarine Fundamentals
| Return On Equity | 0.14 | |||
| Return On Asset | 0.0858 | |||
| Profit Margin | 0.18 % | |||
| Operating Margin | 0.22 % | |||
| Current Valuation | 224.01 M | |||
| Shares Outstanding | 348.93 M | |||
| Shares Owned By Insiders | 25.20 % | |||
| Shares Owned By Institutions | 22.04 % | |||
| Price To Book | 1.40 X | |||
| Price To Sales | 5.92 X | |||
| Revenue | 57.33 M | |||
| Gross Profit | 45.83 M | |||
| EBITDA | 14.25 M | |||
| Book Value Per Share | 0.21 X | |||
| Earnings Per Share | 0.10 X | |||
| Target Price | 0.88 | |||
| Beta | 1.18 | |||
| Market Capitalization | 400.19 M | |||
| Annual Yield | 0.08 % | |||
| Last Dividend Paid | 0.02 |
About Sarine Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sarine Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sarine Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sarine Technologies 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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Sarine Technologies financial ratios help investors to determine whether Sarine 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 Sarine with respect to the benefits of owning Sarine Technologies security.