Canacol Energy Stock Fundamentals
| CNE Stock | CAD 3.80 0.07 1.81% |
Canacol Energy fundamentals help investors to digest information that contributes to Canacol Energy's financial success or failures. It also enables traders to predict the movement of Canacol Stock. The fundamental analysis module provides a way to measure Canacol 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 Canacol Energy stock.
At this time, Canacol Energy's EBIT is very stable compared to the past year. As of the 28th of November 2024, EBITDA is likely to grow to about 192.9 M, while Selling General Administrative is likely to drop about 25.5 M. Canacol | Select Account or Indicator |
Canacol Energy Company Operating Margin Analysis
Canacol Energy's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Canacol Energy Operating Margin | 0.63 % |
Most of Canacol Energy's fundamental indicators, such as Operating Margin, 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, Canacol Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Canacol Operating Margin Driver Correlations
Understanding the fundamental principles of building solid financial models for Canacol Energy is extremely important. It helps to project a fair market value of Canacol Stock properly, considering its historical fundamentals such as Operating Margin. Since Canacol 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 Canacol 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 Canacol Energy's interrelated accounts and indicators.
Click cells to compare fundamentals
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
| Competition |
Canacol Pretax Profit Margin
Pretax Profit Margin |
|
Based on the recorded statements, Canacol Energy has an Operating Margin of 0.63%. This is 91.19% lower than that of the Oil, Gas & Consumable Fuels sector and 97.62% lower than that of the Energy industry. The operating margin for all Canada stocks is 111.43% lower than that of the firm.
Canacol Energy Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Canacol Energy's current stock value. Our valuation model uses many indicators to compare Canacol Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Canacol Energy competition to find correlations between indicators driving Canacol Energy's intrinsic value. More Info.Canacol Energy is rated third in return on equity category among its peers. It is rated second in return on asset category among its peers reporting about 1.33 of Return On Asset per Return On Equity. At this time, Canacol Energy'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 Canacol Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Canacol Energy'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.Canacol Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canacol Energy's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Canacol Energy could also be used in its relative valuation, which is a method of valuing Canacol Energy by comparing valuation metrics of similar companies.Canacol Energy is currently under evaluation in operating margin category among its peers.
Canacol Energy Current Valuation Drivers
We derive many important indicators used in calculating different scores of Canacol Energy from analyzing Canacol Energy's financial statements. These drivers represent accounts that assess Canacol Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Canacol Energy's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 640.5M | 531.6M | 452.1M | 246.8M | 179.0M | 193.5M | |
| Enterprise Value | 834.1M | 968.0M | 826.1M | 700.5M | 816.0M | 856.8M |
Canacol Fundamentals
| Return On Equity | 0.067 | ||||
| Return On Asset | 0.0894 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.63 % | ||||
| Current Valuation | 1.05 B | ||||
| Shares Outstanding | 34.11 M | ||||
| Shares Owned By Insiders | 20.59 % | ||||
| Shares Owned By Institutions | 23.46 % | ||||
| Number Of Shares Shorted | 411.4 K | ||||
| Price To Earning | 8.23 X | ||||
| Price To Book | 0.26 X | ||||
| Price To Sales | 0.37 X | ||||
| Revenue | 315.8 M | ||||
| Gross Profit | 251.34 M | ||||
| EBITDA | 183.71 M | ||||
| Net Income | 86.24 M | ||||
| Cash And Equivalents | 58.52 M | ||||
| Cash Per Share | 0.53 X | ||||
| Total Debt | 676.43 M | ||||
| Debt To Equity | 2.91 % | ||||
| Current Ratio | 2.24 X | ||||
| Book Value Per Share | 10.16 X | ||||
| Cash Flow From Operations | 95.34 M | ||||
| Short Ratio | 12.13 X | ||||
| Earnings Per Share | 0.93 X | ||||
| Target Price | 4.91 | ||||
| Number Of Employees | 396 | ||||
| Beta | 0.84 | ||||
| Market Capitalization | 132.01 M | ||||
| Total Asset | 1.23 B | ||||
| Retained Earnings | 138.08 M | ||||
| Working Capital | (13.27 M) | ||||
| Current Asset | 70.37 M | ||||
| Current Liabilities | 24.06 M | ||||
| Annual Yield | 0.28 % | ||||
| Net Asset | 1.23 B | ||||
| Last Dividend Paid | 0.21 |
About Canacol Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canacol Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canacol Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canacol Energy 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 | 6.6 M | 4.4 M | |
| Total Revenue | 315.8 M | 331.6 M | |
| Cost Of Revenue | 40.2 M | 46.7 M | |
| Stock Based Compensation To Revenue | 0.01 | 0.01 | |
| Sales General And Administrative To Revenue | 0.11 | 0.10 | |
| Capex To Revenue | 0.51 | 0.49 | |
| Revenue Per Share | 9.26 | 9.72 | |
| Ebit Per Revenue | 0.75 | 0.79 |
Pair Trading with Canacol Energy
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 Canacol Energy 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 Canacol Energy will appreciate offsetting losses from the drop in the long position's value.Moving against Canacol Stock
The ability to find closely correlated positions to Canacol Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canacol Energy 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 Canacol Energy - 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 Canacol Energy to buy it.
The correlation of Canacol Energy 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 Canacol Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canacol Energy 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 Canacol Energy 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 Canacol Stock
Canacol Energy financial ratios help investors to determine whether Canacol 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 Canacol with respect to the benefits of owning Canacol Energy security.