Dirtt Environmental Solutions Stock Beta
| DRTTF Stock | USD 0.65 0.01 1.52% |
Fundamental analysis of DIRTT Environmental allows traders to better anticipate movements in DIRTT Environmental's stock price by examining its financial health and performance throughout various phases of its business cycle.
DIRTT |
DIRTT Environmental Solutions OTC Stock Beta Analysis
DIRTT Environmental'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 DIRTT Environmental Beta | 1.15 |
Most of DIRTT Environmental'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, DIRTT Environmental Solutions 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, DIRTT Environmental Solutions has a Beta of 1.15. This is 16.06% lower than that of the Industrials sector and 7.48% higher than that of the Engineering & Construction industry. The beta for all United States stocks is notably lower than that of the firm.
DIRTT Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses DIRTT Environmental's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of DIRTT Environmental could also be used in its relative valuation, which is a method of valuing DIRTT Environmental by comparing valuation metrics of similar companies.DIRTT Environmental is currently under evaluation in beta category among its peers.
DIRTT Environmental returns are very sensitive to returns on the market. As the market goes up or down, DIRTT Environmental is expected to follow.
DIRTT Fundamentals
| Return On Equity | -3.62 | |||
| Return On Asset | 7.2 | |||
| Profit Margin | (1.68) % | |||
| Current Valuation | 362.32 M | |||
| Shares Outstanding | 84.67 M | |||
| Price To Earning | 586.94 X | |||
| Price To Book | 2.90 X | |||
| Price To Sales | 1.52 X | |||
| Revenue | 249.84 M | |||
| Gross Profit | 149.82 M | |||
| EBITDA | 22.04 M | |||
| Net Income | (5.9 M) | |||
| Cash And Equivalents | 40.99 M | |||
| Cash Per Share | 0.48 X | |||
| Total Debt | 7.36 M | |||
| Debt To Equity | 17.50 % | |||
| Current Ratio | 2.55 X | |||
| Book Value Per Share | 1.47 X | |||
| Cash Flow From Operations | 7.7 M | |||
| Earnings Per Share | (0.07) X | |||
| Number Of Employees | 1.14 K | |||
| Beta | 1.15 | |||
| Market Capitalization | 358.42 M | |||
| Z Score | 28.8 |
About DIRTT Environmental Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze DIRTT Environmental Solutions's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DIRTT Environmental using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of DIRTT Environmental Solutions based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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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Other Information on Investing in DIRTT OTC Stock
DIRTT Environmental financial ratios help investors to determine whether DIRTT OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in DIRTT with respect to the benefits of owning DIRTT Environmental security.