Koninklijke Philips Nv Stock Beta
| PHG Stock | USD 20.41 0.35 1.74% |
Koninklijke Philips NV fundamentals help investors to digest information that contributes to Koninklijke Philips' financial success or failures. It also enables traders to predict the movement of Koninklijke Stock. The fundamental analysis module provides a way to measure Koninklijke Philips' 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 Koninklijke Philips stock.
Koninklijke | Beta |
Koninklijke Philips NV Company Beta Analysis
Koninklijke Philips' 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 Koninklijke Philips Beta | 0.78 |
Most of Koninklijke Philips' 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, Koninklijke Philips NV is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Koninklijke Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Koninklijke Philips is extremely important. It helps to project a fair market value of Koninklijke Stock properly, considering its historical fundamentals such as Beta. Since Koninklijke Philips' 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 Koninklijke Philips' 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 Koninklijke Philips' 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, Koninklijke Philips NV has a Beta of 0.777. This is 9.65% lower than that of the Health Care Equipment & Supplies sector and 25.29% lower than that of the Health Care industry. The beta for all United States stocks is notably lower than that of the firm.
Koninklijke Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Koninklijke Philips' 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 Koninklijke Philips could also be used in its relative valuation, which is a method of valuing Koninklijke Philips by comparing valuation metrics of similar companies.Koninklijke Philips is currently under evaluation in beta category among related companies.
Koninklijke Philips Current Valuation Drivers
We derive many important indicators used in calculating different scores of Koninklijke Philips from analyzing Koninklijke Philips' financial statements. These drivers represent accounts that assess Koninklijke Philips' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Koninklijke Philips' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 41.7B | 42.0B | 29.5B | 12.4B | 20.2B | 22.7B | |
| Enterprise Value | 45.7B | 45.7B | 34.2B | 19.4B | 26.0B | 25.5B |
Koninklijke Philips Institutional Holders
Institutional Holdings refers to the ownership stake in Koninklijke Philips that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Koninklijke Philips' 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 Koninklijke Philips' value.| Shares | Goldman Sachs Group Inc | 2023-12-31 | 1.8 M | Envestnet Asset Management Inc | 2023-12-31 | 1.6 M | Bank Of America Corp | 2023-12-31 | 1.5 M | Becker Capital | 2023-12-31 | 1.4 M | Causeway Capital Management Llc | 2023-12-31 | 1.4 M | Northern Trust Corp | 2023-12-31 | 1.3 M | Brandes Investment Partners & Co | 2023-12-31 | 1.3 M | Optiver Holding B.v. | 2023-12-31 | 1 M | Natixis Advisors, Llc. | 2023-12-31 | 838.2 K | Exor Nv | 2023-12-31 | 139.3 M | Fmr Inc | 2023-12-31 | 9.3 M |
As returns on the market increase, Koninklijke Philips' returns are expected to increase less than the market. However, during the bear market, the loss of holding Koninklijke Philips is expected to be smaller as well.
Koninklijke Fundamentals
| Return On Equity | -0.0358 | ||||
| Return On Asset | 0.0087 | ||||
| Profit Margin | (0.03) % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 24.03 B | ||||
| Shares Outstanding | 906.4 M | ||||
| Shares Owned By Institutions | 7.75 % | ||||
| Number Of Shares Shorted | 1.96 M | ||||
| Price To Earning | 33.57 X | ||||
| Price To Book | 1.41 X | ||||
| Price To Sales | 1.03 X | ||||
| Revenue | 18.17 B | ||||
| Gross Profit | 7.19 B | ||||
| EBITDA | 1.03 B | ||||
| Net Income | (453 M) | ||||
| Cash And Equivalents | 1.17 B | ||||
| Cash Per Share | 1.43 X | ||||
| Total Debt | 7.61 B | ||||
| Debt To Equity | 0.54 % | ||||
| Current Ratio | 1.19 X | ||||
| Book Value Per Share | 13.27 X | ||||
| Cash Flow From Operations | 2.14 B | ||||
| Short Ratio | 2.36 X | ||||
| Earnings Per Share | (0.51) X | ||||
| Price To Earnings To Growth | 2.81 X | ||||
| Target Price | 20.56 | ||||
| Number Of Employees | 69.66 K | ||||
| Beta | 0.78 | ||||
| Market Capitalization | 18.65 B | ||||
| Total Asset | 29.41 B | ||||
| Retained Earnings | 6.83 B | ||||
| Working Capital | 1.66 B | ||||
| Current Asset | 13.25 B | ||||
| Current Liabilities | 9.17 B | ||||
| Five Year Return | 2.64 % | ||||
| Net Asset | 29.41 B | ||||
| Last Dividend Paid | 0.85 |
About Koninklijke Philips Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Koninklijke Philips NV's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Koninklijke Philips using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Koninklijke Philips NV 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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Check out Koninklijke Philips Piotroski F Score and Koninklijke Philips Altman Z Score analysis. Note that the Koninklijke Philips information on this page should be used as a complementary analysis to other Koninklijke Philips' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Koninklijke Stock analysis
When running Koninklijke Philips' price analysis, check to measure Koninklijke Philips' 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 Koninklijke Philips is operating at the current time. Most of Koninklijke Philips' value examination focuses on studying past and present price action to predict the probability of Koninklijke Philips' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Koninklijke Philips' price. Additionally, you may evaluate how the addition of Koninklijke Philips to your portfolios can decrease your overall portfolio volatility.
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Is Koninklijke Philips' industry 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 Koninklijke Philips. If investors know Koninklijke 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 Koninklijke Philips 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 (0.72) | Earnings Share (0.51) | Revenue Per Share 19.804 | Quarterly Revenue Growth (0.07) | Return On Assets 0.0087 |
The market value of Koninklijke Philips is measured differently than its book value, which is the value of Koninklijke that is recorded on the company's balance sheet. Investors also form their own opinion of Koninklijke Philips' value that differs from its market value or its book value, called intrinsic value, which is Koninklijke Philips' 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 Koninklijke Philips' market value can be influenced by many factors that don't directly affect Koninklijke Philips' 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 Koninklijke Philips' value and its price as these two are different measures arrived at by different means. Investors typically determine if Koninklijke Philips is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Koninklijke Philips' 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.