Sparta Capital Stock Beta
| SAY Stock | CAD 0.02 0.00 0.00% |
Sparta Capital fundamentals help investors to digest information that contributes to Sparta Capital's financial success or failures. It also enables traders to predict the movement of Sparta Stock. The fundamental analysis module provides a way to measure Sparta Capital'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 Sparta Capital stock.
Sparta | Beta |
Sparta Capital Company Beta Analysis
Sparta Capital'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 Sparta Capital Beta | 1.57 |
Most of Sparta Capital'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, Sparta Capital is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Sparta Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Sparta Capital is extremely important. It helps to project a fair market value of Sparta Stock properly, considering its historical fundamentals such as Beta. Since Sparta Capital'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 Sparta Capital'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 Sparta Capital's interrelated accounts and indicators.
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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 |
In accordance with the recently published financial statements, Sparta Capital has a Beta of 1.571. This is 14.67% higher than that of the Machinery sector and 11.42% higher than that of the Industrials industry. The beta for all Canada stocks is notably lower than that of the firm.
Sparta Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sparta Capital'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 Sparta Capital could also be used in its relative valuation, which is a method of valuing Sparta Capital by comparing valuation metrics of similar companies.Sparta Capital is currently under evaluation in beta category among its peers.
Sparta Capital Current Valuation Drivers
We derive many important indicators used in calculating different scores of Sparta Capital from analyzing Sparta Capital's financial statements. These drivers represent accounts that assess Sparta Capital's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Sparta Capital's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 9.3M | 16.6M | 6.4M | 6.8M | 6.1M | 4.2M | |
| Enterprise Value | 11.6M | 18.5M | 8.9M | 8.2M | 7.4M | 4.7M |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Sparta Capital will likely underperform.
Sparta Fundamentals
| Return On Asset | 0.16 | ||||
| Profit Margin | (0.06) % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 5.33 M | ||||
| Shares Outstanding | 249.26 M | ||||
| Shares Owned By Insiders | 8.57 % | ||||
| Number Of Shares Shorted | 64.72 K | ||||
| Price To Book | 54.09 X | ||||
| Price To Sales | 0.40 X | ||||
| Revenue | 9.43 M | ||||
| Gross Profit | 3.18 M | ||||
| EBITDA | 645.87 K | ||||
| Net Income | (412.89 K) | ||||
| Cash And Equivalents | 229.07 K | ||||
| Total Debt | 1.83 M | ||||
| Debt To Equity | 101.00 % | ||||
| Current Ratio | 0.49 X | ||||
| Book Value Per Share | (0) X | ||||
| Cash Flow From Operations | 487.48 K | ||||
| Short Ratio | 0.40 X | ||||
| Beta | 1.57 | ||||
| Market Capitalization | 3.74 M | ||||
| Total Asset | 1.84 M | ||||
| Retained Earnings | (13.12 M) | ||||
| Working Capital | (1.08 M) | ||||
| Net Asset | 1.84 M |
About Sparta Capital Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sparta Capital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sparta Capital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sparta Capital 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 Sparta Stock Analysis
When running Sparta Capital's price analysis, check to measure Sparta Capital'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 Sparta Capital is operating at the current time. Most of Sparta Capital's value examination focuses on studying past and present price action to predict the probability of Sparta Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sparta Capital's price. Additionally, you may evaluate how the addition of Sparta Capital to your portfolios can decrease your overall portfolio volatility.