Thrace Plastics Holding Stock Beta
PLAT Stock | EUR 4.00 0.01 0.25% |
Thrace Plastics Holding fundamentals help investors to digest information that contributes to Thrace Plastics' financial success or failures. It also enables traders to predict the movement of Thrace Stock. The fundamental analysis module provides a way to measure Thrace Plastics' 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 Thrace Plastics stock.
Thrace |
Thrace Plastics Holding Company Beta Analysis
Thrace Plastics' 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 Thrace Plastics Beta | 1.33 |
Most of Thrace Plastics' 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, Thrace Plastics Holding 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, Thrace Plastics Holding has a Beta of 1.33. This is 177.08% higher than that of the Consumer Goods sector and significantly higher than that of the Packaging & Containers industry. The beta for all Greece stocks is notably lower than that of the firm.
Thrace Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Thrace Plastics' 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 Thrace Plastics could also be used in its relative valuation, which is a method of valuing Thrace Plastics by comparing valuation metrics of similar companies.Thrace Plastics is currently under evaluation in beta category among related companies.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Thrace Plastics will likely underperform.
Thrace Fundamentals
Return On Equity | 0.11 | |||
Return On Asset | 0.047 | |||
Profit Margin | 0.07 % | |||
Operating Margin | 0.08 % | |||
Current Valuation | 198.43 M | |||
Shares Outstanding | 43.2 M | |||
Shares Owned By Insiders | 62.08 % | |||
Shares Owned By Institutions | 5.86 % | |||
Price To Earning | 13.08 X | |||
Price To Book | 0.66 X | |||
Price To Sales | 0.43 X | |||
Revenue | 428.43 M | |||
Gross Profit | 140.15 M | |||
EBITDA | 105.85 M | |||
Net Income | 72.03 M | |||
Cash And Equivalents | 18.7 M | |||
Cash Per Share | 0.43 X | |||
Total Debt | 33.61 M | |||
Debt To Equity | 76.40 % | |||
Current Ratio | 1.16 X | |||
Book Value Per Share | 6.05 X | |||
Cash Flow From Operations | 87.08 M | |||
Earnings Per Share | 0.63 X | |||
Number Of Employees | 1.86 K | |||
Beta | 1.33 | |||
Market Capitalization | 196.78 M | |||
Total Asset | 405.2 M | |||
Retained Earnings | 47 M | |||
Working Capital | 33 M | |||
Current Asset | 142 M | |||
Current Liabilities | 109 M | |||
Z Score | 4.0 | |||
Annual Yield | 0.05 % | |||
Net Asset | 405.2 M | |||
Last Dividend Paid | 0.23 |
About Thrace Plastics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Thrace Plastics Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thrace Plastics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thrace Plastics 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Thrace Plastics in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Thrace Plastics' short interest history, or implied volatility extrapolated from Thrace Plastics options trading.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Thrace Plastics Holding using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Thrace Plastics Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Thrace Stock analysis
When running Thrace Plastics' price analysis, check to measure Thrace Plastics' 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 Thrace Plastics is operating at the current time. Most of Thrace Plastics' value examination focuses on studying past and present price action to predict the probability of Thrace Plastics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thrace Plastics' price. Additionally, you may evaluate how the addition of Thrace Plastics to your portfolios can decrease your overall portfolio volatility.
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