BHP Competitors

Delisted . USA . 
Stock . BHP Group
BHP Group competes with Centessa Pharmaceuticals, BioNTech, Teleflex Incorporated, Sonida Senior, and EnVVeno Medical; as well as few others. The company runs under Basic Materials sector within Other Industrial Metals & Mining industry. Analyzing BHP 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 BHP to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
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 BHP competition on your existing holdings.
  
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as BHP. Your research has to be compared to or analyzed against BHP's peers to derive any actionable benefits. When done correctly, BHP's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in BHP Group.

BHP Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between BHP and its competitors represents the degree of relationship between the price movements of corresponding delisted stocks. A correlation of about +1.0 implies that the price of BHP 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 BHP Group does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
NUVL
+ 0.82
BNTX
BNTX
+ 0.7
CNTA
TARS
+ 0.68
CNTA
NVNO
+ 0.62
SNDA
SNDA
+ 0.56
TFX
NUVL
+ 0.54
CNTA
  
High negative correlations   
TARS
- 0.88
TFX
TARS
- 0.69
NVNO
NVNO
- 0.62
CNTA
NVNO
- 0.59
BNTX
SNDA
- 0.57
CNTA
TARS
- 0.56
SNDA

Risk-Adjusted Indicators

There is a big difference between BHP Stock performing well and BHP 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 BHP's 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

BHP Competitive Analysis

The better you understand BHP competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, BHP's 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 BHP's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
CNTA BNTX TFX SNDA NVNO NUVL TARS
 8.66 
 18.19 
Centessa
 5.96 
 108.23 
BioNTech
 1.71 
 190.64 
Teleflex
 3.07 
 24.50 
Sonida
 2.08 
 3.30 
EnVVeno
 1.71 
 92.73 
Nuvalent
 0.66 
 46.58 
Tarsus
Market Volatility
(90 Days Market Risk)
Somewhat reliable
Very steady
Very steady
Somewhat reliable
Slightly risky
Very steady
Very steady
Market Performance
(90 Days Performance)
OK
OK
Very Weak
Very Weak
Very Weak
Insignificant
Solid
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Very Low
Average
Low
Below Average
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Under Valued
Over Valued
Under Valued
Over Valued
Under Valued
Buy or Sell Advice
(Average Analysts Consensus)
Strong Buy
Strong Buy
Buy
Strong Sell
Strong Buy
Strong Buy
Strong Buy
Trade Advice
(90 Days Macroaxis Advice)
Cautious Hold
Strong Hold
Strong Hold
Hold
Cautious Hold
Cautious Hold
Strong Hold
Current Ratio
15.48 X
5.15 X
2.39 X
0.64 X
20.79 X
25.79 X
21.36 X
Net Asset
360.25 M
23.01 B
7.53 B
621.46 M
48.63 M
732.38 M
265.49 M
Profit Margin
N/A
(0.15) %
0.08 %
(0.06) %
N/A
N/A
(1.04) %
EBITDA
(166.07 M)
1.09 B
792.26 M
21.72 M
(25.02 M)
(149.49 M)
(131.67 M)
Operating Margin
(23.59) %
0.02 %
0.20 %
(0.02) %
N/A
N/A
(0.52) %
Current Valuation
1.96 B
8.58 B
10.47 B
1.1 B
10.64 M
5.31 B
1.53 B
Price To Book
4.80 X
1.29 X
1.98 X
6.03 X
1.22 X
5.78 X
7.47 X
Retained Earnings
(752.95 M)
19.76 B
4.11 B
(418.17 M)
(130.04 M)
(286.3 M)
(244.66 M)
Current Asset
N/A
284.67 M
1 B
1.34 B
N/A
N/A
N/A
Five Year Return
N/A
N/A
0.44 %
N/A
N/A
N/A
N/A
Beta
1.48
0.26
1.18
1.82
1.22
1.33
1.0
Number Of Employees
76
6.13 K
14.5 K
3 K
31
127
244
Shares Outstanding
131.84 M
239.74 M
46.44 M
19.07 M
17.54 M
65.62 M
38.23 M
Cash Flow From Operations
(160.34 M)
5.37 B
510.64 M
10.68 M
(18.86 M)
(99.74 M)
(117.49 M)
Annual Yield
N/A
N/A
0.01 %
N/A
N/A
N/A
N/A
Total Debt
84.59 M
219.1 M
1.93 B
629.42 M
1.4 M
31.82 M
31.73 M
Return On Equity
-0.43
-0.024
0.0541
N/A
-0.59
-0.3
-0.6
Z Score
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Return On Asset
-0.2
-0.0124
0.0315
-0.0109
-0.37
-0.19
-0.27
Number Of Shares Shorted
2.15 M
2.02 M
658.28 K
300.69 K
507.89 K
5.17 M
8.16 M
Book Value Per Share
4.29 X
79.73 X
96.50 X
(15.44) X
2.70 X
15.81 X
6.22 X
Current Liabilities
N/A
143.37 M
664.12 M
543.27 M
N/A
5.46 M
N/A
Total Asset
360.25 M
23.01 B
7.53 B
621.46 M
48.63 M
732.38 M
265.49 M
Debt To Equity
0.16 %
0.01 %
0.46 %
0.13 %
0.04 %
2.81 %
0.09 %
Short Ratio
6.28 X
3.00 X
2.03 X
4.70 X
3.63 X
11.82 X
11.42 X
Last Dividend Paid
N/A
N/A
1.36
N/A
N/A
N/A
N/A
Target Price
28.57
128.82
245.01
5.0
18.0
115.5
65.33
Shares Owned By Institutions
92.52 %
20.64 %
99.61 %
73.80 %
29.76 %
97.17 %
91.30 %
Market Capitalization
2.4 B
25.95 B
8.85 B
453.29 M
57.87 M
6.59 B
1.77 B
Price To Earning
N/A
5.19 X
38.28 X
0.26 X
N/A
(0.06) X
N/A
Price To Earnings To Growth
N/A
0.04 X
0.97 X
(0.20) X
N/A
N/A
0.28 X
Price To Sales
349.96 X
8.53 X
2.93 X
1.91 X
N/A
N/A
13.68 X
Net Income
(151.09 M)
1.19 B
356.33 M
(21.11 M)
(23.52 M)
(126.22 M)
(135.89 M)
Earnings Per Share
(1.52) X
(2.05) X
5.03 X
(2.36) X
(1.29) X
(3.49) X
(3.75) X
Shares Owned By Insiders
1.35 %
62.30 %
0.28 %
22.76 %
0.29 %
2.83 %
8.70 %
Revenue
6.85 M
3.82 B
2.97 B
255.32 M
N/A
N/A
17.45 M
Working Capital
275.71 M
17.46 B
800.66 M
(68.52 M)
45.55 M
694.66 M
219.19 M
Cash And Equivalents
484.16 M
9.33 B
292.03 M
32.65 M
37.48 M
256.96 M
245.36 M
Cash Per Share
5.13 X
38.30 X
9.08 X
5.02 X
3.96 X
5.31 X
9.20 X
Gross Profit
N/A
16.07 B
1.55 B
38.57 M
N/A
N/A
(17.76 M)
Day Typical Price
17.3
106.08
189.78
24.4
3.3
92.48
46.56
Accumulation Distribution
0.16
0.0688
0.0197
0.0574
0.0444
0.0472
0.0346
Market Facilitation Index
2.86
7.48
3.76
1.44
0.15
4.46
1.64
Daily Balance Of Power
0.507
0.8142
0.8537
0.5069
(0.47)
0.3498
(0.19)
Period Momentum Indicator
1.45
6.09
3.21
0.73
(0.07)
1.56
(0.31)
Rate Of Daily Change
1.09
1.06
1.02
1.03
0.98
1.02
0.99
Day Median Price
16.86
105.0
189.35
24.35
3.31
92.35
46.55
Price Action Indicator
2.06
6.28
2.89
0.52
(0.04)
1.16
(0.12)
Relative Strength Index
62.18
52.43
N/A
47.7
40.07
50.74
65.38
Coefficient Of Variation
581.01
1000.28
(700.96)
(3,037)
(762.46)
1677.86
386.83
Mean Deviation
2.94
2.2
1.15
2.41
2.73
2.24
2.74
Jensen Alpha
0.5304
0.2541
(0.40)
(0.25)
(0.67)
0.0817
0.9153
Total Risk Alpha
0.1551
(0.12)
(0.60)
(0.51)
(1.21)
(0.32)
0.454
Sortino Ratio
0.1783
0.0948
N/A
N/A
N/A
0.0507
0.3589
Downside Variance
10.29
6.82
N/A
N/A
N/A
8.5
5.31
Standard Deviation
3.96
3.57
2.17
3.08
4.57
4.32
3.62
Kurtosis
0.801
8.78
28.63
(0.03)
19.5
27.49
1.33
Potential Upside
8.37
5.77
1.71
5.59
4.22
3.84
8.19
Treynor Ratio
0.4736
0.3714
(0.40)
(0.08)
(1.07)
0.1486
8.21
Maximum Drawdown
21.09
24.81
17.0
12.89
33.2
36.85
16.85
Variance
15.67
12.75
4.72
9.51
20.87
18.62
13.12
Market Risk Adjusted Performance
0.4836
0.3814
(0.39)
(0.07)
(1.06)
0.1586
8.22
Risk Adjusted Performance
0.1394
0.0841
(0.10)
(0.02)
(0.09)
0.0537
0.2051
Skewness
0.6322
2.05
(4.18)
0.306
(3.21)
4.13
1.05
Semi Deviation
2.8
2.35
N/A
N/A
N/A
2.69
1.86
Information Ratio
0.1445
0.0693
(0.19)
(0.07)
(0.16)
0.0342
0.2283
Value At Risk
(5.47)
(3.90)
(1.92)
(4.77)
(4.76)
(4.61)
(3.85)
Expected Short fall
(3.59)
(2.53)
N/A
N/A
N/A
(2.49)
(3.62)
Downside Deviation
3.21
2.61
N/A
N/A
N/A
2.91
2.3
Semi Variance
7.84
5.51
N/A
N/A
N/A
7.23
3.44

BHP Competition Performance Charts

Five steps to successful analysis of BHP Competition

BHP's 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 BHP Group in relation to its competition. BHP's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of BHP 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 BHP's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to BHP Group, 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 BHP position

In addition to having BHP 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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Small Blend Funds Theme
Fund or Etfs that invest in stocks of small to mid-sized entities that have characteristics of both growth and value companies. The Small Blend Funds theme has 47 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 Small Blend Funds Theme or any other thematic opportunities.
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Stocks Directory module to find actively traded stocks across global markets.

Other Consideration for investing in BHP Stock

If you are still planning to invest in BHP Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the BHP's history and understand the potential risks before investing.
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