Western Copper And Stock Current Valuation
| WRN Stock | USD 1.14 0.01 0.88% |
Valuation analysis of Western Copper helps investors to measure Western Copper's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. As of the 22nd of November 2024, Enterprise Value is likely to grow to about 266.5 M, while Enterprise Value Over EBITDA is likely to drop (85.11). Fundamental drivers impacting Western Copper's valuation include:
Price Book 1.6396 | Enterprise Value 169.4 M | Enterprise Value Ebitda (44.26) |
Overvalued
Today
Please note that Western Copper's price fluctuation is dangerous at this time. Calculation of the real value of Western Copper is based on 3 months time horizon. Increasing Western Copper's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Western Copper is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Western Stock. However, Western Copper's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 1.14 | Real 0.97 | Target 3.74 | Hype 1.14 | Naive 1.11 |
The intrinsic value of Western Copper's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Western Copper's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Western Copper and helps investors to forecast how Western stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Western Copper more accurately as focusing exclusively on Western Copper's fundamentals will not take into account other important factors: Western Copper and Company Current Valuation Analysis
Western Copper's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Western Copper Current Valuation | 169.36 M |
Most of Western Copper's fundamental indicators, such as Current Valuation, 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, Western Copper and is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Western Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Western Copper is extremely important. It helps to project a fair market value of Western Stock properly, considering its historical fundamentals such as Current Valuation. Since Western Copper'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 Western Copper'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 Western Copper's interrelated accounts and indicators.
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Western Current Valuation Historical Pattern
Today, most investors in Western Copper Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Western Copper'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 current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Western Copper current valuation as a starting point in their analysis.
Western Copper Current Valuation |
| Timeline |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Western Copper and has a Current Valuation of 169.36 M. This is 98.52% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The current valuation for all United States stocks is 98.98% higher than that of the company.
Western Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Western Copper's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Western Copper could also be used in its relative valuation, which is a method of valuing Western Copper by comparing valuation metrics of similar companies.Western Copper is currently under evaluation in current valuation category among its peers.
Western Copper Current Valuation Drivers
We derive many important indicators used in calculating different scores of Western Copper from analyzing Western Copper's financial statements. These drivers represent accounts that assess Western Copper's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Western Copper's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 61.9M | 111.5M | 180.4M | 365.2M | 279.6M | 293.6M | |
| Enterprise Value | 58.9M | 109.9M | 151.8M | 364.3M | 253.8M | 266.5M |
Western Fundamentals
| Return On Equity | -0.0361 | ||||
| Return On Asset | -0.0283 | ||||
| Current Valuation | 169.36 M | ||||
| Shares Outstanding | 198.23 M | ||||
| Shares Owned By Insiders | 16.28 % | ||||
| Shares Owned By Institutions | 20.66 % | ||||
| Number Of Shares Shorted | 1.19 M | ||||
| Price To Earning | (50.00) X | ||||
| Price To Book | 1.64 X | ||||
| EBITDA | (3.86 M) | ||||
| Net Income | (3.34 M) | ||||
| Cash And Equivalents | 39.17 M | ||||
| Cash Per Share | 0.26 X | ||||
| Total Debt | 197.81 K | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 10.31 X | ||||
| Book Value Per Share | 0.96 X | ||||
| Cash Flow From Operations | (2.54 M) | ||||
| Short Ratio | 7.32 X | ||||
| Earnings Per Share | (0.03) X | ||||
| Target Price | 4.26 | ||||
| Number Of Employees | 13 | ||||
| Beta | 2.06 | ||||
| Market Capitalization | 253.74 M | ||||
| Total Asset | 143.92 M | ||||
| Retained Earnings | (114.93 M) | ||||
| Working Capital | 28.89 M | ||||
| Current Asset | 10.7 M | ||||
| Current Liabilities | 1.62 M | ||||
| Net Asset | 143.92 M |
About Western Copper Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Western Copper and's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Western Copper using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Western Copper and 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.
Pair Trading with Western Copper
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Western Copper position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Western Copper will appreciate offsetting losses from the drop in the long position's value.Moving against Western Stock
The ability to find closely correlated positions to Western Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Western Copper when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Western Copper - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Western Copper and to buy it.
The correlation of Western Copper is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Western Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Western Copper moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Western Copper can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Western Copper Piotroski F Score and Western Copper Altman Z Score analysis. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Diversified Metals & Mining 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 Western Copper. If investors know Western 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 Western Copper listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.03) | Return On Assets (0.03) | Return On Equity (0.04) |
The market value of Western Copper is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western Copper's value that differs from its market value or its book value, called intrinsic value, which is Western Copper'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 Western Copper's market value can be influenced by many factors that don't directly affect Western Copper'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 Western Copper's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Copper is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Copper'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.