Advanced Drainage Systems Stock Beta
| 6DA Stock | EUR 110.60 0.60 0.55% |
Advanced Drainage Systems fundamentals help investors to digest information that contributes to Advanced Drainage's financial success or failures. It also enables traders to predict the movement of Advanced Stock. The fundamental analysis module provides a way to measure Advanced Drainage'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 Advanced Drainage stock.
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Advanced Drainage Systems Company Beta Analysis
Advanced Drainage'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 Advanced Drainage Beta | 1.37 |
Most of Advanced Drainage'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, Advanced Drainage Systems 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, Advanced Drainage Systems has a Beta of 1.3717. This is 63.3% higher than that of the Consumer Cyclical sector and 44.39% higher than that of the Rubber & Plastics industry. The beta for all Germany stocks is notably lower than that of the firm.
Advanced Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Advanced Drainage'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 Advanced Drainage could also be used in its relative valuation, which is a method of valuing Advanced Drainage by comparing valuation metrics of similar companies.Advanced Drainage is rated second in beta category among its peers.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Advanced Drainage will likely underperform.
Advanced Fundamentals
| Return On Equity | 0.48 | |||
| Return On Asset | 0.16 | |||
| Profit Margin | 0.15 % | |||
| Operating Margin | 0.23 % | |||
| Current Valuation | 7.85 B | |||
| Shares Outstanding | 81.23 M | |||
| Shares Owned By Insiders | 15.53 % | |||
| Shares Owned By Institutions | 87.17 % | |||
| Price To Earning | 23.80 X | |||
| Price To Book | 6.03 X | |||
| Price To Sales | 2.14 X | |||
| Revenue | 2.77 B | |||
| Gross Profit | 819.57 M | |||
| EBITDA | 558.87 M | |||
| Net Income | 271.33 M | |||
| Cash And Equivalents | 8.89 M | |||
| Cash Per Share | 0.16 X | |||
| Total Debt | 908.71 M | |||
| Debt To Equity | 46.80 % | |||
| Current Ratio | 2.26 X | |||
| Book Value Per Share | 13.15 X | |||
| Cash Flow From Operations | 274.89 M | |||
| Earnings Per Share | 5.24 X | |||
| Target Price | 130.25 | |||
| Number Of Employees | 5.63 K | |||
| Beta | 1.37 | |||
| Market Capitalization | 6.62 B | |||
| Total Asset | 2.65 B | |||
| Z Score | 5.2 | |||
| Annual Yield | 0.01 % | |||
| Net Asset | 2.65 B | |||
| Last Dividend Paid | 0.47 |
About Advanced Drainage Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Advanced Drainage Systems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Advanced Drainage using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Advanced Drainage Systems 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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Additional Information and Resources on Investing in Advanced Stock
When determining whether Advanced Drainage Systems is a strong investment it is important to analyze Advanced Drainage's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Advanced Drainage's future performance. For an informed investment choice regarding Advanced Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advanced Drainage Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.