Africa Energy Corp Stock Price To Earning

AFE Stock  CAD 0.03  0.01  25.00%   
Africa Energy Corp fundamentals help investors to digest information that contributes to Africa Energy's financial success or failures. It also enables traders to predict the movement of Africa Stock. The fundamental analysis module provides a way to measure Africa Energy'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 Africa Energy stock.
  
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Africa Energy Corp Company Price To Earning Analysis

Africa Energy's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

P/E

 = 

Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current Africa Energy Price To Earning

    
  (8.50) X  
Most of Africa Energy's fundamental indicators, such as Price To Earning, 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, Africa Energy Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Africa Price To Earning Driver Correlations

Understanding the fundamental principles of building solid financial models for Africa Energy is extremely important. It helps to project a fair market value of Africa Stock properly, considering its historical fundamentals such as Price To Earning. Since Africa Energy'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 Africa Energy'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 Africa Energy's interrelated accounts and indicators.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Africa Retained Earnings

Retained Earnings

(229.4 Million)

Africa Energy reported Retained Earnings of (241.47 Million) in 2023
Based on the latest financial disclosure, Africa Energy Corp has a Price To Earning of -8.5 times. This is 124.69% lower than that of the Oil, Gas & Consumable Fuels sector and 145.97% lower than that of the Energy industry. The price to earning for all Canada stocks is 129.6% higher than that of the company.

Africa Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Africa Energy's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Africa Energy could also be used in its relative valuation, which is a method of valuing Africa Energy by comparing valuation metrics of similar companies.
Africa Energy is currently under evaluation in price to earning category among its peers.

Africa Energy Current Valuation Drivers

We derive many important indicators used in calculating different scores of Africa Energy from analyzing Africa Energy's financial statements. These drivers represent accounts that assess Africa Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Africa Energy's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap152.5M245.6M259.1M182.9M164.6M172.8M
Enterprise Value150.1M226.0M248.2M181.1M163.0M171.2M

Africa Fundamentals

About Africa Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Africa Energy Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Africa Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Africa Energy Corp 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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Africa Stock Analysis

When running Africa Energy's price analysis, check to measure Africa Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Africa Energy is operating at the current time. Most of Africa Energy's value examination focuses on studying past and present price action to predict the probability of Africa Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Africa Energy's price. Additionally, you may evaluate how the addition of Africa Energy to your portfolios can decrease your overall portfolio volatility.