Strong Global Entertainment, Stock Beta
| SGE Stock | 1.39 0.04 2.80% |
Strong Global Entertainment, fundamentals help investors to digest information that contributes to Strong Global's financial success or failures. It also enables traders to predict the movement of Strong Stock. The fundamental analysis module provides a way to measure Strong Global'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 Strong Global stock.
Strong | Beta |
Strong Global Entertainment, Company Beta Analysis
Strong Global'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.
Strong Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Strong Global is extremely important. It helps to project a fair market value of Strong Stock properly, considering its historical fundamentals such as Beta. Since Strong Global'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 Strong Global'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 Strong Global'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, Strong Global Entertainment, has a Beta of 0.0. This is 100.0% lower than that of the Technology Hardware, Storage & Peripherals sector and 100.0% lower than that of the Information Technology industry. The beta for all United States stocks is 100.0% lower than that of the firm.
Strong Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Strong Global'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 Strong Global could also be used in its relative valuation, which is a method of valuing Strong Global by comparing valuation metrics of similar companies.Strong Global is currently under evaluation in beta category among its peers.
Strong Fundamentals
| Return On Equity | 0.41 | ||||
| Return On Asset | 0.0155 | ||||
| Profit Margin | (0.06) % | ||||
| Operating Margin | (0.09) % | ||||
| Current Valuation | 9.73 M | ||||
| Shares Outstanding | 7.92 M | ||||
| Shares Owned By Insiders | 78.14 % | ||||
| Shares Owned By Institutions | 0.30 % | ||||
| Number Of Shares Shorted | 25.27 K | ||||
| Price To Book | 1.63 X | ||||
| Price To Sales | 0.25 X | ||||
| Revenue | 11.84 M | ||||
| Gross Profit | 9.55 M | ||||
| EBITDA | 610 K | ||||
| Net Income | 2.95 M | ||||
| Cash And Equivalents | 3.62 M | ||||
| Total Debt | 9.11 M | ||||
| Book Value Per Share | 0.88 X | ||||
| Cash Flow From Operations | 3.49 M | ||||
| Short Ratio | 0.38 X | ||||
| Earnings Per Share | 0.52 X | ||||
| Number Of Employees | 198 | ||||
| Market Capitalization | 11.32 M | ||||
| Total Asset | 26.53 M | ||||
| Retained Earnings | (2.71 M) | ||||
| Working Capital | 9.62 M | ||||
| Net Asset | 26.53 M |
About Strong Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Strong Global Entertainment,'s financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Strong Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Strong Global Entertainment, 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 determining whether Strong Global Entert is a strong investment it is important to analyze Strong Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Strong Global's future performance. For an informed investment choice regarding Strong Stock, refer to the following important reports:Check out Strong Global Piotroski F Score and Strong Global Altman Z Score analysis. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Technology Hardware, Storage & Peripherals space 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 Strong Global. If investors know Strong 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 Strong Global 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 (0.96) | Earnings Share 0.52 | Revenue Per Share 5.83 | Quarterly Revenue Growth 0.187 | Return On Assets 0.0155 |
The market value of Strong Global Entert is measured differently than its book value, which is the value of Strong that is recorded on the company's balance sheet. Investors also form their own opinion of Strong Global's value that differs from its market value or its book value, called intrinsic value, which is Strong Global'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 Strong Global's market value can be influenced by many factors that don't directly affect Strong Global'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 Strong Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Strong Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Strong Global'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.