Advantage Oil Gas Stock Fundamentals
| AAV Stock | CAD 8.90 0.30 3.26% |
Advantage Oil Gas fundamentals help investors to digest information that contributes to Advantage Oil's financial success or failures. It also enables traders to predict the movement of Advantage Stock. The fundamental analysis module provides a way to measure Advantage Oil'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 Advantage Oil stock.
At this time, Advantage Oil's Interest Expense is very stable compared to the past year. As of the 27th of November 2024, Gross Profit is likely to grow to about 186.5 M, while Depreciation And Amortization is likely to drop about 96.9 M. Advantage | Select Account or Indicator |
Advantage Oil Gas Company Current Valuation Analysis
Advantage Oil's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Advantage Oil Current Valuation | 2.19 B |
Most of Advantage Oil's fundamental indicators, such as Current Valuation, 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, Advantage Oil Gas is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Advantage Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Advantage Oil is extremely important. It helps to project a fair market value of Advantage Stock properly, considering its historical fundamentals such as Current Valuation. Since Advantage Oil's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Advantage Oil's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Advantage Oil's interrelated accounts and indicators.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Advantage Oil Gas has a Current Valuation of 2.19 B. This is 94.38% lower than that of the Oil, Gas & Consumable Fuels sector and 76.14% lower than that of the Energy industry. The current valuation for all Canada stocks is 86.8% higher than that of the company.
Advantage Oil Gas Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Advantage Oil's current stock value. Our valuation model uses many indicators to compare Advantage Oil value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Advantage Oil competition to find correlations between indicators driving Advantage Oil's intrinsic value. More Info.Advantage Oil Gas is rated fourth in return on equity category among its peers. It also is rated fourth in return on asset category among its peers reporting about 1.05 of Return On Asset per Return On Equity. At this time, Advantage Oil's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Advantage Oil by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Advantage Oil's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Advantage Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Advantage Oil's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Advantage Oil could also be used in its relative valuation, which is a method of valuing Advantage Oil by comparing valuation metrics of similar companies.Advantage Oil is currently under evaluation in current valuation category among its peers.
Advantage Oil Current Valuation Drivers
We derive many important indicators used in calculating different scores of Advantage Oil from analyzing Advantage Oil's financial statements. These drivers represent accounts that assess Advantage Oil's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Advantage Oil's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 513.3M | 321.1M | 1.4B | 1.8B | 1.4B | 1.5B | |
| Enterprise Value | 798.4M | 567.2M | 1.6B | 1.9B | 1.8B | 1.8B |
Advantage Fundamentals
| Return On Equity | 0.0279 | ||||
| Return On Asset | 0.0293 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.08 % | ||||
| Current Valuation | 2.19 B | ||||
| Shares Outstanding | 166.97 M | ||||
| Shares Owned By Insiders | 1.59 % | ||||
| Shares Owned By Institutions | 39.87 % | ||||
| Number Of Shares Shorted | 2.69 M | ||||
| Price To Earning | 3.37 X | ||||
| Price To Book | 0.97 X | ||||
| Price To Sales | 3.14 X | ||||
| Revenue | 509.42 M | ||||
| Gross Profit | 698.99 M | ||||
| EBITDA | 289.59 M | ||||
| Net Income | 101.6 M | ||||
| Cash And Equivalents | 48.94 M | ||||
| Cash Per Share | 0.30 X | ||||
| Total Debt | 353.98 M | ||||
| Debt To Equity | 0.08 % | ||||
| Current Ratio | 0.81 X | ||||
| Book Value Per Share | 9.69 X | ||||
| Cash Flow From Operations | 323.35 M | ||||
| Short Ratio | 5.94 X | ||||
| Earnings Per Share | 0.27 X | ||||
| Price To Earnings To Growth | 0.24 X | ||||
| Target Price | 13.14 | ||||
| Number Of Employees | 86 | ||||
| Beta | 1.45 | ||||
| Market Capitalization | 1.54 B | ||||
| Total Asset | 2.3 B | ||||
| Retained Earnings | (582.98 M) | ||||
| Working Capital | 24.02 M | ||||
| Current Asset | 52.86 M | ||||
| Current Liabilities | 23.05 M | ||||
| Five Year Return | 14.42 % | ||||
| Net Asset | 2.3 B |
About Advantage Oil Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Advantage Oil Gas's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Advantage Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Advantage Oil Gas 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | -80.6 M | -76.5 M | |
| Total Revenue | 509.4 M | 483.9 M | |
| Cost Of Revenue | 328.8 M | 312.3 M | |
| Stock Based Compensation To Revenue | 0.01 | 0.01 | |
| Sales General And Administrative To Revenue | 0.05 | 0.05 | |
| Research And Ddevelopement To Revenue | 0.01 | 0.01 | |
| Capex To Revenue | 0.55 | 0.46 | |
| Revenue Per Share | 3.06 | 2.91 | |
| Ebit Per Revenue | 0.59 | 0.62 |
Pair Trading with Advantage Oil
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Advantage Oil position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Advantage Oil will appreciate offsetting losses from the drop in the long position's value.Moving against Advantage Stock
| 0.43 | ENS | E Split Corp | PairCorr |
| 0.38 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.38 | FFH | Fairfax Financial | PairCorr |
| 0.32 | FFH-PC | Fairfax Fin Hld | PairCorr |
The ability to find closely correlated positions to Advantage Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Advantage Oil when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Advantage Oil - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Advantage Oil Gas to buy it.
The correlation of Advantage Oil is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Advantage Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Advantage Oil Gas moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Advantage Oil can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Advantage Stock
Advantage Oil financial ratios help investors to determine whether Advantage 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 Advantage with respect to the benefits of owning Advantage Oil security.