Baytex Energy Corp Stock Holdings Turnover
| BTE Stock | CAD 3.97 0.09 2.22% |
Baytex Energy Corp fundamentals help investors to digest information that contributes to Baytex Energy's financial success or failures. It also enables traders to predict the movement of Baytex Stock. The fundamental analysis module provides a way to measure Baytex 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 Baytex Energy stock.
Baytex | Holdings Turnover |
Baytex Energy Corp Company Holdings Turnover Analysis
Baytex Energy's Holding Turnover is calculated by adding up all the transactions for the year, dividing it by 2 and then dividing it again by the total fund holdings. Holding Turnover is the rate at which funds or ETFs replace their investment holdings on an annual basis. In other words it measures how quickly a fund turns over its holdings during the fiscal year.
Baytex Holdings Turnover Driver Correlations
Understanding the fundamental principles of building solid financial models for Baytex Energy is extremely important. It helps to project a fair market value of Baytex Stock properly, considering its historical fundamentals such as Holdings Turnover. Since Baytex 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 Baytex 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 Baytex Energy's interrelated accounts and indicators.
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Investor can think of Holding Turnover as a percentage of a fund's assets that have turned over in the past year. Typically, a high annual turnover ratio implies that fund managers made a lot of buying and selling. The higher the annual turnover, the higher the expense ratio for the fund.
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Baytex Inventory Turnover
Inventory Turnover |
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According to the company disclosure, Baytex Energy Corp has a Holdings Turnover of 0.0%. This indicator is about the same for the Oil, Gas & Consumable Fuels average (which is currently at 0.0) sector and about the same as Energy (which currently averages 0.0) industry. This indicator is about the same for all Canada stocks average (which is currently at 0.0).
Baytex Energy Current Valuation Drivers
We derive many important indicators used in calculating different scores of Baytex Energy from analyzing Baytex Energy's financial statements. These drivers represent accounts that assess Baytex Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Baytex Energy's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.0B | 383.3M | 2.2B | 3.4B | 3.1B | 1.7B | |
| Enterprise Value | 2.9B | 2.2B | 3.6B | 4.3B | 5.5B | 5.8B |
Baytex Fundamentals
| Return On Equity | -0.0805 | |||
| Return On Asset | -0.0042 | |||
| Profit Margin | (0.10) % | |||
| Operating Margin | 0.28 % | |||
| Current Valuation | 5.39 B | |||
| Shares Outstanding | 787.33 M | |||
| Shares Owned By Insiders | 0.83 % | |||
| Shares Owned By Institutions | 41.02 % | |||
| Number Of Shares Shorted | 15.88 M | |||
| Price To Earning | 158.37 X | |||
| Price To Book | 0.79 X | |||
| Price To Sales | 0.93 X | |||
| Revenue | 2.71 B | |||
| Gross Profit | 1.67 B | |||
| EBITDA | 723.5 M | |||
| Net Income | (233.36 M) | |||
| Cash And Equivalents | 45.16 M | |||
| Cash Per Share | 0.08 X | |||
| Total Debt | 2.44 B | |||
| Debt To Equity | 0.47 % | |||
| Current Ratio | 0.62 X | |||
| Book Value Per Share | 5.05 X | |||
| Cash Flow From Operations | 1.3 B | |||
| Short Ratio | 3.32 X | |||
| Earnings Per Share | (0.58) X | |||
| Price To Earnings To Growth | (0.36) X | |||
| Target Price | 5.95 | |||
| Beta | 2.57 | |||
| Market Capitalization | 3.13 B | |||
| Total Asset | 7.46 B | |||
| Retained Earnings | (3.59 B) | |||
| Working Capital | (118 M) | |||
| Current Asset | 204.91 M | |||
| Current Liabilities | 267.84 M | |||
| Annual Yield | 0.02 % | |||
| Five Year Return | 10.05 % | |||
| Net Asset | 7.46 B | |||
| Last Dividend Paid | 0.09 |
About Baytex Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Baytex Energy Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Baytex Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Baytex 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.
When determining whether Baytex Energy Corp is a strong investment it is important to analyze Baytex Energy's 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 Baytex Energy's future performance. For an informed investment choice regarding Baytex Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baytex Energy Corp. 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.