Baker Competitors

Stocks . Germany . 
Stock . Baker Hughes Co
68V Stock  EUR 41.22  0.09  0.22%   
Baker Hughes competes with APPLIED MATERIALS, Plastic Omnium, Eagle Materials, NEWELL RUBBERMAID, and ScanSource; as well as few others. The company classifies itself under Energy sector and is part of Oil & Gas Equipment & Services industry. Analyzing Baker Hughes competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Baker Hughes to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Baker Hughes Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Baker Hughes competition on your existing holdings.
  
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Hype
Prediction
LowEstimatedHigh
39.0541.2243.39
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Intrinsic
Valuation
LowRealHigh
37.1045.6247.79
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Baker Hughes Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Baker Hughes and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Baker and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Baker Hughes does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
CAI
+ 0.89
H0O
CAI
+ 0.87
E5M
H0O
+ 0.86
NWL
CAI
+ 0.85
NWL
H0O
+ 0.74
E5M
NWL
+ 0.73
E5M
  
High negative correlations   
H0O
- 0.41
AP2
NWL
- 0.24
AP2
CAI
- 0.17
AP2
SC3
- 0.05
AP2
EZM
- 0.03
AP2

Risk-Adjusted Indicators

There is a big difference between Baker Stock performing well and Baker Hughes Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Baker Hughes' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
All Fundamental Data

Baker Hughes Competitive Analysis

The better you understand Baker Hughes competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Baker Hughes' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Baker Hughes' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
68V AP2 EZM E5M NWL SC3 H0O EZM CAI
 0.22 
 41.22 
Baker
 2.62 
 163.62 
APPLIED
 0.49 
 8.27 
Plastic
 0.68 
 298.00 
Eagle
 4.71 
 9.12 
NEWELL
 3.70 
 46.80 
ScanSource
 0.48 
 10.45 
REVO
 0.74 
 8.14 
Compagnie
 1.60 
 61.43 
CDN
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Somewhat reliable
Very steady
Slightly risky
Very steady
Not too volatile
Somewhat reliable
Very steady
Market Performance
(90 Days Performance)
Solid
Very Weak
Very Weak
Solid
Good
Modest
Solid
Very Weak
Very Strong
Odds of Financial Distress
(Probability Of Bankruptcy)
Below Average
Low
Low
Low
Low
Low
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Under Valued
Fairly Valued
Over Valued
Under Valued
Over Valued
Fairly Valued
Fairly Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Buy
Hold
Strong Sell
Strong Buy
Strong Hold
Hold
Cautious Hold
Strong Sell
Strong Hold
Current Ratio
1.58
N/A
N/A
2.38
N/A
2.06
N/A
0.9
N/A
Net Asset
34.18 B
26.73 B
6.34 B
2.58 B
13.26 B
1.94 B
N/A
6.34 B
943.6 B
Profit Margin
-0.0284
N/A
N/A
0.21
N/A
0.0248
N/A
0.0197
N/A
EBITDA
1.33 B
8.27 B
N/A
634.82 M
688 M
155.03 M
N/A
708.84 M
N/A
Operating Margin
0.0887
N/A
N/A
0.26
N/A
0.0358
N/A
0.0296
N/A
Current Valuation
29.32 B
90.2 B
2.9 B
5.81 B
10.91 B
992.58 M
N/A
2.9 B
N/A
Price To Book
2.04
7.68
0.94
4.27
1.47
0.92
N/A
0.96
1.16
Five Year Return
N/A
N/A
N/A
0.46
N/A
N/A
N/A
1.71
N/A
Beta
1.49
N/A
N/A
1.32
N/A
1.45
N/A
1.98
N/A
Number Of Employees
55 K
N/A
N/A
2.2 K
N/A
2.7 K
N/A
40.5 K
N/A
Shares Outstanding
1.01 B
N/A
N/A
36.05 M
N/A
25.35 M
N/A
144.19 M
N/A
Cash Flow From Operations
1.89 B
5.4 B
N/A
517.17 M
(272 M)
(124.35 M)
N/A
544.92 M
22.71 B
Annual Yield
0.0251
0.0147
N/A
0.0071
0.0584
N/A
N/A
0.0164
0.0772
Total Debt
5.98 B
5.46 B
1.16 B
938.26 M
4.76 B
259.57 M
N/A
1.16 B
107.25 B
Return On Equity
-0.037
N/A
N/A
0.36
N/A
0.11
N/A
0.0453
N/A
Z Score
2.4
13.2
1.8
3.0
0.6
2.2
N/A
2.2
N/A
Return On Asset
0.0338
N/A
N/A
0.13
N/A
0.0431
N/A
0.0186
N/A
Book Value Per Share
14.31
N/A
N/A
32.16
N/A
34.03
N/A
14.46
N/A
Total Asset
34.18 B
26.73 B
6.34 B
2.58 B
13.26 B
1.94 B
N/A
6.34 B
943.6 B
Debt To Equity
0.39
N/A
N/A
57.1
N/A
38.1
N/A
88.4
N/A
Last Dividend Paid
0.73
N/A
N/A
1.0
0.23
N/A
N/A
0.39
1.46
Target Price
N/A
N/A
N/A
170.79
N/A
39.33
N/A
N/A
N/A
Shares Owned By Institutions
98.51
N/A
N/A
97.08
N/A
97.31
N/A
17.34
N/A
Market Capitalization
29.32 B
122.11 B
3.51 B
4.7 B
8.41 B
751.62 M
N/A
2.51 B
44.62 B
Price To Earning
49.26
N/A
N/A
52.19
N/A
13.06
N/A
6.49
N/A
Price To Earnings To Growth
1.3
3.75
N/A
N/A
N/A
0.7
N/A
N/A
N/A
Price To Sales
1.32
3.7
0.27
2.28
0.57
0.2
N/A
0.26
2.41
Net Income
(601 M)
6.53 B
N/A
374.25 M
197 M
88.8 M
N/A
126.37 M
6.22 B
Earnings Per Share
-0.58
N/A
N/A
10.9
N/A
3.35
N/A
0.6
N/A
Shares Owned By Insiders
0.14
N/A
N/A
1.33
N/A
2.33
N/A
62.13
N/A
Revenue
21.16 B
25.79 B
N/A
1.86 B
9.46 B
3.53 B
N/A
7.23 B
21.76 B
Cash And Equivalents
4.46 B
N/A
N/A
8.6 M
N/A
20.4 M
N/A
862.65 M
N/A
Cash Per Share
5.38
N/A
N/A
0.19
N/A
0.79
N/A
5.9
N/A
Gross Profit
4.43 B
N/A
N/A
519.61 M
N/A
426.52 M
N/A
958 M
N/A
Day Typical Price
41.44
164.47
8.22
295.33
9.12
46.8
10.42
8.07
61.66
Accumulation Distribution
0.19
2.37
0.0217
0.0268
N/A
N/A
0.0096
0.027
0.0109
Market Facilitation Index
0.0558
0.0164
0.18
8.0
N/A
N/A
0.1
0.22
0.68
Daily Balance Of Power
(0.13)
(1.73)
0.2222
0.25
9.2 T
(9,223,372,036,855)
0.5
0.2727
(1.47)
Period Momentum Indicator
(0.09)
(4.40)
0.04
2.0
0.41
(1.80)
0.05
0.06
(1.00)
Rate Of Daily Change
1.0
0.97
1.0
1.01
1.05
0.96
1.0
1.01
0.98
Day Median Price
41.56
164.89
8.2
294.0
9.12
46.8
10.4
8.03
61.77
Price Action Indicator
(0.38)
(3.47)
0.09
5.0
0.2
(0.90)
0.075
0.14
(0.84)
Coefficient Of Variation
477.01
(9,340)
(4,121)
559.71
743.32
1556.56
424.72
(13,751)
228.67
Mean Deviation
1.63
1.74
2.01
1.56
2.33
1.79
0.8107
2.14
0.6934
Jensen Alpha
0.3194
(0.21)
(0.11)
0.3398
0.3607
0.0385
0.2745
0.0223
0.3455
Total Risk Alpha
0.1075
(0.45)
(0.51)
0.0395
(0.09)
(0.25)
0.0797
(0.47)
0.2524
Sortino Ratio
0.1861
N/A
N/A
0.1513
0.1703
0.0185
0.143
N/A
0.4707
Downside Variance
3.03
N/A
N/A
2.7
5.09
4.56
0.8884
N/A
0.3491
Standard Deviation
2.16
2.65
2.77
2.11
3.81
2.62
1.12
2.84
0.9301
Kurtosis
2.73
5.15
1.78
1.9
19.15
7.77
2.41
0.7544
2.42
Potential Upside
3.64
3.57
4.58
4.62
5.86
3.42
1.85
4.67
2.02
Treynor Ratio
0.4258
(0.03)
(0.26)
1.59
0.4193
0.1568
(1.43)
0.0687
0.918
Maximum Drawdown
10.79
16.86
15.98
10.09
28.12
15.08
5.67
14.48
5.09
Variance
4.66
7.02
7.68
4.46
14.54
6.85
1.25
8.08
0.8651
Market Risk Adjusted Performance
0.4358
(0.02)
(0.25)
1.6
0.4293
0.1668
(1.42)
0.0787
0.928
Risk Adjusted Performance
0.1667
(0)
(0.01)
0.1429
0.1108
0.0562
0.1831
0.0018
0.336
Skewness
0.8111
(1.48)
0.3925
1.03
3.37
1.95
0.9678
0.4386
1.14
Semi Deviation
1.45
N/A
N/A
1.32
1.94
1.81
0.5005
N/A
0.0
Information Ratio
0.1501
(0.06)
(0.07)
0.1177
0.1008
0.0151
0.1205
(0.05)
0.299
Value At Risk
(2.53)
(2.82)
(4.15)
(2.31)
(3.19)
(2.63)
(1.29)
(5.09)
(0.82)
Expected Short fall
(1.92)
N/A
N/A
(2.04)
(2.89)
(2.27)
(1.09)
N/A
(0.90)
Downside Deviation
1.74
N/A
N/A
1.64
2.26
2.14
0.9426
N/A
0.5908
Semi Variance
2.12
N/A
N/A
1.75
3.78
3.28
0.2505
N/A
(0.19)

Baker Hughes Competition Performance Charts

Five steps to successful analysis of Baker Hughes Competition

Baker Hughes' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Baker Hughes in relation to its competition. Baker Hughes' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Baker Hughes in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Baker Hughes' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Baker Hughes, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Baker Hughes position

In addition to having Baker Hughes in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Large Value Funds Theme
Funds or Etfs that invest in the undervalued stocks of large-sized companies. The Large Value Funds theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Large Value Funds Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in Baker Stock

When determining whether Baker Hughes is a strong investment it is important to analyze Baker Hughes' 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 Baker Hughes' future performance. For an informed investment choice regarding Baker Stock, refer to the following important reports:
How To Invest In Baker
Details
Is Baker Stock a good investment?
Details
What is Baker Hughes' Net Worth?
Details
Largest Oil & Gas Equipment & Services Companies
View
Largest Energy Companies
View
Check out Baker Hughes Correlation with its peers.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Altman
Z Score
Details
Intrinsic
Valuation
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between Baker Hughes' value and its price as these two are different measures arrived at by different means. Investors typically determine if Baker Hughes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baker Hughes' 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.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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