Melhus Sparebank Stock Beta
| MELG Stock | NOK 152.50 3.50 2.24% |
Melhus Sparebank fundamentals help investors to digest information that contributes to Melhus Sparebank's financial success or failures. It also enables traders to predict the movement of Melhus Stock. The fundamental analysis module provides a way to measure Melhus Sparebank'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 Melhus Sparebank stock.
Melhus |
Melhus Sparebank Company Beta Analysis
Melhus Sparebank'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 Melhus Sparebank Beta | 0.26 |
Most of Melhus Sparebank'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, Melhus Sparebank is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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, Melhus Sparebank has a Beta of 0.2566. This is 68.71% lower than that of the Thrifts & Mortgage Finance sector and 85.34% lower than that of the Financials industry. The beta for all Norway stocks is notably lower than that of the firm.
Melhus Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Melhus Sparebank'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 Melhus Sparebank could also be used in its relative valuation, which is a method of valuing Melhus Sparebank by comparing valuation metrics of similar companies.Melhus Sparebank is currently under evaluation in beta category among related companies.
As returns on the market increase, Melhus Sparebank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Melhus Sparebank is expected to be smaller as well.
Melhus Fundamentals
| Return On Equity | 0.0875 | |||
| Return On Asset | 0.0102 | |||
| Profit Margin | 0.43 % | |||
| Operating Margin | 0.51 % | |||
| Current Valuation | 2.43 B | |||
| Shares Outstanding | 2.78 M | |||
| Shares Owned By Insiders | 43.65 % | |||
| Shares Owned By Institutions | 6.77 % | |||
| Price To Earning | 10.46 X | |||
| Price To Book | 0.35 X | |||
| Price To Sales | 1.77 X | |||
| Revenue | 232.64 M | |||
| Gross Profit | 241.06 M | |||
| EBITDA | 207.08 M | |||
| Net Income | 105.24 M | |||
| Cash And Equivalents | 912.01 M | |||
| Cash Per Share | 328.51 X | |||
| Total Debt | 2.56 B | |||
| Book Value Per Share | 451.06 X | |||
| Cash Flow From Operations | (305.54 M) | |||
| Earnings Per Share | 13.61 X | |||
| Target Price | 166.0 | |||
| Number Of Employees | 68 | |||
| Beta | 0.26 | |||
| Market Capitalization | 485.84 M | |||
| Total Asset | 10.22 B | |||
| Retained Earnings | 60 M | |||
| Working Capital | (4.5 B) | |||
| Current Asset | 313 M | |||
| Current Liabilities | 4.81 B | |||
| Annual Yield | 0.06 % | |||
| Five Year Return | 7.16 % | |||
| Net Asset | 10.22 B | |||
| Last Dividend Paid | 10.5 |
About Melhus Sparebank Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Melhus Sparebank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Melhus Sparebank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Melhus Sparebank 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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Complementary Tools for Melhus Stock analysis
When running Melhus Sparebank's price analysis, check to measure Melhus Sparebank'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 Melhus Sparebank is operating at the current time. Most of Melhus Sparebank's value examination focuses on studying past and present price action to predict the probability of Melhus Sparebank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Melhus Sparebank's price. Additionally, you may evaluate how the addition of Melhus Sparebank to your portfolios can decrease your overall portfolio volatility.
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