Wave Entertainment Public Stock Beta
WAVE Stock | THB 0.15 0.01 6.25% |
Wave Entertainment Public fundamentals help investors to digest information that contributes to Wave Entertainment's financial success or failures. It also enables traders to predict the movement of Wave Stock. The fundamental analysis module provides a way to measure Wave Entertainment'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 Wave Entertainment stock.
Wave |
Wave Beta Analysis
Wave Entertainment'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 Wave Entertainment Beta | 1.29 |
Most of Wave Entertainment'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, Wave Entertainment Public 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, Wave Entertainment Public has a Beta of 1.2928. This is 5.11% higher than that of the Entertainment sector and notably lower than that of the Communication Services industry. The beta for all Thailand stocks is notably lower than that of the firm.
Wave Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Wave Entertainment'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 Wave Entertainment could also be used in its relative valuation, which is a method of valuing Wave Entertainment by comparing valuation metrics of similar companies.Wave Entertainment 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, Wave Entertainment will likely underperform.
Wave Fundamentals
Return On Equity | -1.84 | |||
Return On Asset | -0.0949 | |||
Profit Margin | (2.75) % | |||
Operating Margin | (0.71) % | |||
Current Valuation | 1.11 B | |||
Shares Outstanding | 8.64 B | |||
Shares Owned By Insiders | 30.90 % | |||
Shares Owned By Institutions | 4.31 % | |||
Price To Earning | (18.80) X | |||
Price To Book | 10.31 X | |||
Price To Sales | 4.15 X | |||
Revenue | 286.04 M | |||
Gross Profit | 71.75 M | |||
EBITDA | (480.39 M) | |||
Net Income | (692.76 M) | |||
Cash And Equivalents | 76.36 M | |||
Cash Per Share | 0.10 X | |||
Total Debt | 59.42 M | |||
Debt To Equity | 0.75 % | |||
Current Ratio | 0.48 X | |||
Book Value Per Share | 0.14 X | |||
Cash Flow From Operations | 76.39 M | |||
Earnings Per Share | (0.87) X | |||
Number Of Employees | 26 | |||
Beta | 1.29 | |||
Market Capitalization | 2.07 B | |||
Total Asset | 877.23 M | |||
Retained Earnings | 320 M | |||
Working Capital | (644 M) | |||
Current Asset | 1.13 B | |||
Current Liabilities | 1.77 B | |||
Z Score | 20.4 | |||
Net Asset | 877.23 M |
About Wave Entertainment Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Wave Entertainment Public's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wave Entertainment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wave Entertainment Public 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.Wave Entertainment Public Company Limited, together with its subsidiaries, engages in the production and distribution of television programs in Thailand. Wave Entertainment Public Company Limited was incorporated in 1988 and is headquartered in Bangkok, Thailand. WAVE ENTERTAINMENT operates under Education Training Services classification in Thailand and is traded on Stock Exchange of Thailand.
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Check out Wave Entertainment Piotroski F Score and Wave Entertainment Altman Z Score analysis. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Wave Stock analysis
When running Wave Entertainment's price analysis, check to measure Wave Entertainment'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 Wave Entertainment is operating at the current time. Most of Wave Entertainment's value examination focuses on studying past and present price action to predict the probability of Wave Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wave Entertainment's price. Additionally, you may evaluate how the addition of Wave Entertainment to your portfolios can decrease your overall portfolio volatility.
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