Thungela Resources Limited Stock Beta
| TNGRF Stock | USD 5.33 0.10 1.91% |
Fundamental analysis of Thungela Resources allows traders to better anticipate movements in Thungela Resources' stock price by examining its financial health and performance throughout various phases of its business cycle.
Thungela |
Thungela Resources Limited Company Beta Analysis
Thungela Resources' 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.
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, Thungela Resources Limited has a Beta of 0.0. This is 100.0% lower than that of the Energy sector and about the same as Thermal Coal (which currently averages 0.0) industry. The beta for all United States stocks is 100.0% lower than that of the firm.
Thungela Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Thungela Resources' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Thungela Resources could also be used in its relative valuation, which is a method of valuing Thungela Resources by comparing valuation metrics of similar companies.Thungela Resources is currently under evaluation in beta category among its peers.
Thungela Fundamentals
| Return On Equity | 0.86 | |||
| Return On Asset | 0.45 | |||
| Profit Margin | 0.36 % | |||
| Operating Margin | 0.54 % | |||
| Current Valuation | 1.33 B | |||
| Shares Outstanding | 133.6 M | |||
| Shares Owned By Insiders | 1.28 % | |||
| Shares Owned By Institutions | 39.73 % | |||
| Price To Earning | 1.94 X | |||
| Price To Book | 1.66 X | |||
| Price To Sales | 0.05 X | |||
| Revenue | 26.28 B | |||
| Gross Profit | 18.42 B | |||
| EBITDA | 9.21 B | |||
| Net Income | 6.43 B | |||
| Cash And Equivalents | 15.19 B | |||
| Cash Per Share | 113.91 X | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 3.97 X | |||
| Book Value Per Share | 172.37 X | |||
| Cash Flow From Operations | 6.12 B | |||
| Earnings Per Share | 6.98 X | |||
| Number Of Employees | 10 | |||
| Market Capitalization | 1.7 B | |||
| Total Asset | 31.29 B | |||
| Annual Yield | 0.36 % | |||
| Net Asset | 31.29 B | |||
| Last Dividend Paid | 78.0 |
About Thungela Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Thungela Resources Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thungela Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thungela Resources Limited 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.
Currently Active Assets on Macroaxis
| USOI | Credit Suisse X Links | |
| ULTY | Tidal Trust II | |
| CONY | YieldMax N Option | |
| BCAT | BlackRock Capital Allocation | |
| PDI | Pimco Dynamic Income |
Other Information on Investing in Thungela Pink Sheet
Thungela Resources financial ratios help investors to determine whether Thungela Pink Sheet 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 Thungela with respect to the benefits of owning Thungela Resources security.