The Connecticut Light Stock Fundamentals
| CNLTP Stock | USD 37.00 0.45 1.20% |
The Connecticut Light fundamentals help investors to digest information that contributes to Connecticut Light's financial success or failures. It also enables traders to predict the movement of Connecticut Pink Sheet. The fundamental analysis module provides a way to measure Connecticut Light'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 Connecticut Light pink sheet.
Connecticut |
The Connecticut Light Company Operating Margin Analysis
Connecticut Light'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 Connecticut Light Operating Margin | 0.18 % |
Most of Connecticut Light'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, The Connecticut Light is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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 |
Based on the recorded statements, The Connecticut Light has an Operating Margin of 0.1834%. This is 99.08% lower than that of the Utilities sector and significantly higher than that of the Utilities—Regulated Electric industry. The operating margin for all United States stocks is 103.33% lower than that of the firm.
Connecticut Light Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Connecticut Light's current stock value. Our valuation model uses many indicators to compare Connecticut Light value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Connecticut Light competition to find correlations between indicators driving Connecticut Light's intrinsic value. More Info.The Connecticut Light is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.38 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for The Connecticut Light is roughly 2.65 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Connecticut Light's earnings, one of the primary drivers of an investment's value.Connecticut Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Connecticut Light's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Connecticut Light could also be used in its relative valuation, which is a method of valuing Connecticut Light by comparing valuation metrics of similar companies.Connecticut Light is currently under evaluation in operating margin category among its peers.
Connecticut Fundamentals
| Return On Equity | 0.0977 | |||
| Return On Asset | 0.0369 | |||
| Profit Margin | 0.12 % | |||
| Operating Margin | 0.18 % | |||
| Current Valuation | 4.55 B | |||
| Shares Outstanding | 6.04 M | |||
| Price To Earning | 0.71 X | |||
| Price To Sales | 0.05 X | |||
| Revenue | 9.86 B | |||
| Gross Profit | 1.5 B | |||
| EBITDA | 2.64 B | |||
| Net Income | 1.23 B | |||
| Cash And Equivalents | 9.2 M | |||
| Cash Per Share | 1.52 X | |||
| Total Debt | 4.28 B | |||
| Debt To Equity | 0.74 % | |||
| Current Ratio | 0.80 X | |||
| Book Value Per Share | 944.13 X | |||
| Cash Flow From Operations | 973.75 M | |||
| Earnings Per Share | 74.69 X | |||
| Number Of Employees | 1.38 K | |||
| Beta | 0.27 | |||
| Market Capitalization | 243.82 M | |||
| Total Asset | 48.49 K | |||
| Annual Yield | 0.05 % | |||
| Five Year Return | 4.48 % | |||
| Net Asset | 48.49 K |
About Connecticut Light Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze The Connecticut Light's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Connecticut Light using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of The Connecticut Light 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.The Connecticut Light and Power Company, a regulated electric utility, engages in the purchase, delivery, and sale of electricity to residential, commercial, and industrial customers. The Connecticut Light and Power Company is a subsidiary of Eversource Energy. Conn Lt is traded on OTC Exchange in the United States.
Pair Trading with Connecticut Light
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 Connecticut Light 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 Connecticut Light will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Connecticut Light could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Connecticut Light 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 Connecticut Light - 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 The Connecticut Light to buy it.
The correlation of Connecticut Light 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 Connecticut Light moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Connecticut Light 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 Connecticut Light 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.Additional Tools for Connecticut Pink Sheet Analysis
When running Connecticut Light's price analysis, check to measure Connecticut Light'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 Connecticut Light is operating at the current time. Most of Connecticut Light's value examination focuses on studying past and present price action to predict the probability of Connecticut Light's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Connecticut Light's price. Additionally, you may evaluate how the addition of Connecticut Light to your portfolios can decrease your overall portfolio volatility.