Baker Hughes Co Stock Beta
| 68V Stock | EUR 41.77 0.23 0.55% |
Baker Hughes Co fundamentals help investors to digest information that contributes to Baker Hughes' financial success or failures. It also enables traders to predict the movement of Baker Stock. The fundamental analysis module provides a way to measure Baker Hughes' 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 Baker Hughes stock.
Baker |
Baker Hughes Co Company Beta Analysis
Baker Hughes' 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 Baker Hughes Beta | 1.49 |
Most of Baker Hughes' 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, Baker Hughes Co 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, Baker Hughes Co has a Beta of 1.4874. This is 12.51% lower than that of the Energy sector and 17.82% lower than that of the Oil & Gas Equipment & Services industry. The beta for all Germany stocks is notably lower than that of the firm.
Baker Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Baker Hughes' 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 Baker Hughes could also be used in its relative valuation, which is a method of valuing Baker Hughes by comparing valuation metrics of similar companies.Baker Hughes is currently under evaluation 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, Baker Hughes will likely underperform.
Baker Fundamentals
| Return On Equity | -0.037 | |||
| Return On Asset | 0.0338 | |||
| Profit Margin | (0.03) % | |||
| Operating Margin | 0.09 % | |||
| Current Valuation | 29.32 B | |||
| Shares Outstanding | 1.01 B | |||
| Shares Owned By Insiders | 0.14 % | |||
| Shares Owned By Institutions | 98.51 % | |||
| Price To Earning | 49.26 X | |||
| Price To Book | 2.04 X | |||
| Price To Sales | 1.32 X | |||
| Revenue | 21.16 B | |||
| Gross Profit | 4.43 B | |||
| EBITDA | 1.33 B | |||
| Net Income | (601 M) | |||
| Cash And Equivalents | 4.46 B | |||
| Cash Per Share | 5.38 X | |||
| Total Debt | 5.98 B | |||
| Debt To Equity | 0.39 % | |||
| Current Ratio | 1.58 X | |||
| Book Value Per Share | 14.31 X | |||
| Cash Flow From Operations | 1.89 B | |||
| Earnings Per Share | (0.58) X | |||
| Price To Earnings To Growth | 1.30 X | |||
| Number Of Employees | 55 K | |||
| Beta | 1.49 | |||
| Market Capitalization | 29.32 B | |||
| Total Asset | 34.18 B | |||
| Z Score | 2.4 | |||
| Annual Yield | 0.03 % | |||
| Net Asset | 34.18 B | |||
| Last Dividend Paid | 0.73 |
About Baker Hughes Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Baker Hughes Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Baker Hughes using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Baker Hughes Co 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 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:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baker Hughes Co. 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.