Zk International Group Stock Book Value Per Share
| ZKIN Stock | USD 0.68 0.02 3.03% |
ZK International Group fundamentals help investors to digest information that contributes to ZK International's financial success or failures. It also enables traders to predict the movement of ZKIN Stock. The fundamental analysis module provides a way to measure ZK International'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 ZK International stock.
| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 2.60 | 1.86 | |
| Tangible Book Value Per Share | 2.26 | 1.75 |
ZKIN | Book Value Per Share |
ZK International Group Company Book Value Per Share Analysis
ZK International's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
Current ZK International Book Value Per Share | 2.85 X |
Most of ZK International's fundamental indicators, such as Book Value Per Share, 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, ZK International Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
ZKIN Book Value Per Share Driver Correlations
Understanding the fundamental principles of building solid financial models for ZK International is extremely important. It helps to project a fair market value of ZKIN Stock properly, considering its historical fundamentals such as Book Value Per Share. Since ZK International'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 ZK International'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 ZK International's interrelated accounts and indicators.
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ZKIN Book Value Per Share Historical Pattern
Today, most investors in ZK International Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ZK International's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's book value per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of ZK International book value per share as a starting point in their analysis.
ZK International Book Value Per Share |
| Timeline |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
| Competition |
ZKIN Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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In accordance with the recently published financial statements, the book value per share of ZK International Group is about 2.847 times. This is 99.43% lower than that of the Metals & Mining sector and 99.98% lower than that of the Materials industry. The book value per share for all United States stocks is 99.85% higher than that of the company.
ZKIN Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ZK International's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ZK International could also be used in its relative valuation, which is a method of valuing ZK International by comparing valuation metrics of similar companies.ZK International is currently under evaluation in book value per share category among related companies.
ZK International Current Valuation Drivers
We derive many important indicators used in calculating different scores of ZK International from analyzing ZK International's financial statements. These drivers represent accounts that assess ZK International's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of ZK International's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 20.4M | 19.9M | 61.0M | 24.7M | 28.5M | 50.5M | |
| Enterprise Value | 33.5M | 34.3M | 72.1M | 37.6M | 43.2M | 68.7M |
ZKIN Fundamentals
| Return On Equity | -0.0691 | ||||
| Return On Asset | -0.0065 | ||||
| Profit Margin | (0.06) % | ||||
| Operating Margin | 0 % | ||||
| Current Valuation | 39.18 M | ||||
| Shares Outstanding | 30.39 M | ||||
| Shares Owned By Insiders | 28.11 % | ||||
| Shares Owned By Institutions | 0.25 % | ||||
| Number Of Shares Shorted | 52.83 K | ||||
| Price To Earning | 15.97 X | ||||
| Price To Book | 0.22 X | ||||
| Price To Sales | 0.19 X | ||||
| Revenue | 102.39 M | ||||
| Gross Profit | 7.6 M | ||||
| EBITDA | 309.26 K | ||||
| Net Income | (6.05 M) | ||||
| Cash And Equivalents | 5.48 M | ||||
| Cash Per Share | 0.19 X | ||||
| Total Debt | 20.33 M | ||||
| Debt To Equity | 0.25 % | ||||
| Current Ratio | 1.89 X | ||||
| Book Value Per Share | 2.85 X | ||||
| Cash Flow From Operations | (2.07 M) | ||||
| Short Ratio | 2.01 X | ||||
| Earnings Per Share | (0.21) X | ||||
| Number Of Employees | 280 | ||||
| Beta | 2.13 | ||||
| Market Capitalization | 19.91 M | ||||
| Total Asset | 128.92 M | ||||
| Retained Earnings | 13.39 M | ||||
| Working Capital | 22.92 M | ||||
| Net Asset | 128.92 M |
About ZK International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ZK International Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ZK International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ZK International Group 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 ZK International 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, ZK International's short interest history, or implied volatility extrapolated from ZK International options trading.
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Is ZK International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ZK International. If investors know ZKIN will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ZK International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.98) | Earnings Share (0.21) | Revenue Per Share 3.657 | Quarterly Revenue Growth 0.158 | Return On Assets (0.01) |
The market value of ZK International is measured differently than its book value, which is the value of ZKIN that is recorded on the company's balance sheet. Investors also form their own opinion of ZK International's value that differs from its market value or its book value, called intrinsic value, which is ZK International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ZK International's market value can be influenced by many factors that don't directly affect ZK International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ZK International's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZK International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZK International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.