Ciner Story

CINR -- USA Stock

USD 12.52 0.29 2.26%

Macroaxis Story

As many baby boomers are still indifferent towards basic materials space, it makes sense to sum up Ciner Resources LP. We will check why this entity may not get much respect from retail investors given the current market uncertainty. What is the firm valuation so far in 2021? We are going to cover Ciner Resources LP perspective on valuation to give investors a better transparency on taking a position in it.

Published over a month ago

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Is Ciner Resources growth trend slowing down?

This firm currently holds 122.3 M in liabilities with Debt to Equity (D/E) ratio of 0.42, which is about average as compared to similar companies.

Ciner Resources has performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.2, which signifies not very significant fluctuations relative to the market. Let's try to break down what Ciner's beta means in this case. As returns on the market increase, Ciner Resources returns are expected to increase less than the market. However, during the bear market, the loss on holding Ciner Resources will be expected to be smaller as well. Although it is extremely important to respect Ciner Resources LP historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Ciner Resources LP technical indicators, you can presently evaluate if the expected return of 0.18% will be sustainable into the future. Ciner Resources LP right now shows a risk of 2.28%. Please confirm Ciner Resources LP semi variance, and the relationship between the treynor ratio and daily balance of power to decide if Ciner Resources LP will be following its price patterns.

Is Ciner Resources growth trend slowing down?

We determine the current worth of Ciner Resources LP using both absolute as well as relative valuation methodologies to arrive at its intrinsic value. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Ciner Resources LP based exclusively on its fundamental and basic technical indicators. By analyzing Ciner Resources's financials, quarterly and monthly indicators, and related drivers such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of Ciner Resources's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of Ciner Resources. We calculate exposure to Ciner Resources's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Ciner Resources's related companies.

Ciner Resources LP Investment Alerts

Ciner investment alerts and warnings help investors to get more proficient at understanding not only critical technical and fundamental signals but also the significant portfolio-centered indicators. These indicators include beta, alpha, and other risk-related measures that will help you in monitoring Ciner Resources LP performance across your portfolios.Please check all investment alerts for Ciner

Ciner Resources Valuation Ratios as Compared to Competition

Our valuation model uses many indicators to compare Ciner value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ciner Resources competition to find correlations between indicators driving the intrinsic value of Ciner.

How Ciner utilizes its cash?

To perform a cash flow analysis of Ciner Resources, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Ciner Resources is receiving and how much cash it distributes out in a given period. The Ciner Resources cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.

Ciner Resources Net Cash Flow from Operations is relatively stable at the moment as compared to the past year. Ciner Resources reported last year Net Cash Flow from Operations of 54.7 Million

Breaking it down a bit more

The company reported the previous year's revenue of 414.2 M. Net Income was 16.9 M with profit before overhead, payroll, taxes, and interest of 157.8 M.

	2018	2019	2020 (projected)
Book Value per Share	7.81	8.77	10.08
Asset Turnover	1.1	1.08	0.97

Book Value per Share Asset Turnover

Margins Breakdown

Ciner profit margins show the degree to which it makes money. Margin indicators are used not only by investors but also by creditors or Ciner Resources itself as indicators of financial health and management effectiveness. Please look more closely at the different varieties of Ciner Resources profit margins.

0.11

Profit Margin

0.18

EBITDA Margin

	EBITDA Margin	0.18
	Gross Margin	0.22
	Profit Margin	0.11

Ciner Resources Earnings before Tax is increasing over the last 8 years. The previous year's value of Ciner Resources Earnings before Tax was 54,828,253. Further, Ciner Resources Earnings Before Interest Taxes and Depreciation Amortization USD is increasing over the last 8 years. Ciner Resources Earnings before Tax is increasing over the last 8 years. The previous year's value of Ciner Resources Earnings before Tax was 54,828,253. Further, Ciner Resources Earnings Before Interest Taxes and Depreciation Amortization USD is increasing over the last 8 years. The previous year's value of Ciner Resources Earnings Before Interest Taxes and Depreciation Amortization USD was 91,473,884.

Ciner may start a turnaround in April

Latest downside variance is at 3.27. Ciner Resources LP has relatively low volatility with skewness of 1.07 and kurtosis of 2.55. However, we advise all investors to independently investigate Ciner Resources LP to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Ciner Resources' stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Ciner Resources' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Our Conclusion on Ciner Resources

While some other companies within the chemicals industry are still a little expensive, even after the recent corrections, Ciner Resources may offer a potential longer-term growth to retail investors. With a somewhat neutral outlook on your 30 days horizon, it may be better to hold off any trading activity and neither buy new shares of Ciner nor exit your existing holdings in the Stock. It seems the expected volatility has not yet been fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Ciner Resources.

About Contributor

Ellen Johnson is a Member of Macroaxs Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management. View Profile

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Ciner Resources LP. Please refer to our Terms of Use for any information regarding our disclosure principles.

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