Roblox Corp Stock Beta
| RBLX Stock | USD 60.11 1.20 2.04% |
Roblox Corp fundamentals help investors to digest information that contributes to Roblox Corp's financial success or failures. It also enables traders to predict the movement of Roblox Stock. The fundamental analysis module provides a way to measure Roblox Corp'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 Roblox Corp stock.
Roblox | Beta |
Roblox Corp Company Beta Analysis
Roblox Corp'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 Roblox Corp Beta | 1.56 |
Most of Roblox Corp'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, Roblox Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Roblox Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Roblox Corp is extremely important. It helps to project a fair market value of Roblox Stock properly, considering its historical fundamentals such as Beta. Since Roblox Corp'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 Roblox Corp'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 Roblox Corp'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, Roblox Corp has a Beta of 1.561. This is 21.95% higher than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The beta for all United States stocks is notably lower than that of the firm.
Roblox Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Roblox Corp'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 Roblox Corp could also be used in its relative valuation, which is a method of valuing Roblox Corp by comparing valuation metrics of similar companies.Roblox Corp is currently under evaluation in beta category among its peers.
Roblox Corp ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Roblox Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Roblox Corp's managers, analysts, and investors.Environmental | Governance | Social |
Roblox Corp Institutional Holders
Institutional Holdings refers to the ownership stake in Roblox Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Roblox Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Roblox Corp's value.| Shares | State Street Corp | 2024-09-30 | 10.9 M | Sumitomo Mitsui Trust Group Inc | 2024-09-30 | 9 M | Geode Capital Management, Llc | 2024-09-30 | 8.3 M | Nikko Asset Management Americas Inc | 2024-09-30 | 8 M | Marshall Wace Asset Management Ltd | 2024-09-30 | 7.2 M | Franklin Resources Inc | 2024-09-30 | 6.7 M | Goldman Sachs Group Inc | 2024-09-30 | 6.5 M | Renaissance Technologies Corp | 2024-09-30 | 6.1 M | Two Sigma Advisers, Llc | 2024-09-30 | 5.9 M | Vanguard Group Inc | 2024-09-30 | 52.8 M | Altos Ventures Management Inc. | 2024-09-30 | 33.7 M |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Roblox Corp will likely underperform.
Roblox Fundamentals
| Return On Equity | -7.01 | ||||
| Return On Asset | -0.12 | ||||
| Profit Margin | (0.31) % | ||||
| Operating Margin | (0.30) % | ||||
| Current Valuation | 38.88 B | ||||
| Shares Outstanding | 607.55 M | ||||
| Shares Owned By Insiders | 5.92 % | ||||
| Shares Owned By Institutions | 78.33 % | ||||
| Number Of Shares Shorted | 27.96 M | ||||
| Price To Book | 207.71 X | ||||
| Price To Sales | 11.73 X | ||||
| Revenue | 2.8 B | ||||
| Gross Profit | 364.46 M | ||||
| EBITDA | (1.05 B) | ||||
| Net Income | (1.15 B) | ||||
| Cash And Equivalents | 3.02 B | ||||
| Cash Per Share | 5.03 X | ||||
| Total Debt | 1.76 B | ||||
| Debt To Equity | 3.48 % | ||||
| Current Ratio | 1.64 X | ||||
| Book Value Per Share | 0.29 X | ||||
| Cash Flow From Operations | 458.18 M | ||||
| Short Ratio | 2.58 X | ||||
| Earnings Per Share | (1.63) X | ||||
| Price To Earnings To Growth | 8.18 X | ||||
| Target Price | 56.02 | ||||
| Number Of Employees | 2.46 K | ||||
| Beta | 1.56 | ||||
| Market Capitalization | 39.45 B | ||||
| Total Asset | 6.17 B | ||||
| Retained Earnings | (3.06 B) | ||||
| Working Capital | 223.05 M | ||||
| Net Asset | 6.17 B |
About Roblox Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Roblox Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Roblox Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Roblox Corp 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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When running Roblox Corp's price analysis, check to measure Roblox Corp'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 Roblox Corp is operating at the current time. Most of Roblox Corp's value examination focuses on studying past and present price action to predict the probability of Roblox Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roblox Corp's price. Additionally, you may evaluate how the addition of Roblox Corp to your portfolios can decrease your overall portfolio volatility.