Canadian Net Real Stock Beta
| NET-UN Stock | 5.51 0.05 0.92% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Canadian Net's long-term financial health and intrinsic value.
Canadian | Beta |
Canadian Net Real Company Beta Analysis
Canadian Net'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 Canadian Net Beta | 0.64 |
Most of Canadian Net'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, Canadian Net Real is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Canadian Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Canadian Net is extremely important. It helps to project a fair market value of Canadian Stock properly, considering its historical fundamentals such as Beta. Since Canadian Net'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 Canadian Net'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 Canadian Net's interrelated accounts and indicators.
Click cells to compare fundamentals
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, Canadian Net Real has a Beta of 0.635. This is 11.81% lower than that of the Diversified REITs sector and significantly higher than that of the Real Estate industry. The beta for all Canada stocks is notably lower than that of the firm.
Canadian Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canadian Net'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 Canadian Net could also be used in its relative valuation, which is a method of valuing Canadian Net by comparing valuation metrics of similar companies.Canadian Net is currently under evaluation in beta category among its peers.
Canadian Net Current Valuation Drivers
We derive many important indicators used in calculating different scores of Canadian Net from analyzing Canadian Net's financial statements. These drivers represent accounts that assess Canadian Net's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Canadian Net's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 98.0M | 149.3M | 127.2M | 99.7M | 102.2M | 107.3M | |
| Enterprise Value | 209.3M | 293.4M | 307.1M | 273.5M | 268.8M | 282.3M |
As returns on the market increase, Canadian Net's returns are expected to increase less than the market. However, during the bear market, the loss of holding Canadian Net is expected to be smaller as well.
Canadian Fundamentals
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.038 | ||||
| Profit Margin | 0.56 % | ||||
| Operating Margin | 0.66 % | ||||
| Current Valuation | 289.4 M | ||||
| Shares Outstanding | 20.6 M | ||||
| Shares Owned By Insiders | 16.40 % | ||||
| Shares Owned By Institutions | 5.72 % | ||||
| Number Of Shares Shorted | 5.67 K | ||||
| Price To Book | 0.82 X | ||||
| Price To Sales | 3.97 X | ||||
| Revenue | 26.12 M | ||||
| Gross Profit | 21.26 M | ||||
| EBITDA | 86.35 K | ||||
| Net Income | 7.1 M | ||||
| Total Debt | 35.32 M | ||||
| Book Value Per Share | 6.70 X | ||||
| Cash Flow From Operations | 10.65 M | ||||
| Short Ratio | 0.42 X | ||||
| Earnings Per Share | 0.78 X | ||||
| Target Price | 6.32 | ||||
| Beta | 0.64 | ||||
| Market Capitalization | 113.49 M | ||||
| Total Asset | 301.32 M | ||||
| Retained Earnings | 26.33 M | ||||
| Working Capital | (37.81 M) | ||||
| Annual Yield | 0.06 % | ||||
| Net Asset | 301.32 M | ||||
| Last Dividend Paid | 0.35 |
About Canadian Net Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canadian Net Real's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canadian Net using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canadian Net Real 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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Other Information on Investing in Canadian Stock
Canadian Net financial ratios help investors to determine whether Canadian 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 Canadian with respect to the benefits of owning Canadian Net security.