Concentra Group Holdings Stock Current Valuation
| CON Stock | 22.42 0.67 2.90% |
Valuation analysis of Concentra Group Holdings helps investors to measure Concentra Group's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. As of the 29th of November 2024, Enterprise Value Over EBITDA is likely to grow to 12.09. Also, Enterprise Value Multiple is likely to grow to 12.09. Fundamental drivers impacting Concentra Group's valuation include:
Price Book 2.3475 | Enterprise Value 3.7 B | Enterprise Value Ebitda 10.4226 | Price Sales 1.5734 | Forward PE 18.0505 |
Undervalued
Today
Please note that Concentra Group's price fluctuation is very steady at this time. Calculation of the real value of Concentra Group Holdings is based on 3 months time horizon. Increasing Concentra Group's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Concentra Group is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Concentra Stock. However, Concentra Group's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 22.42 | Real 25.95 | Target 29.79 | Hype 22.39 |
The intrinsic value of Concentra Group's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Concentra Group's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Concentra Group Holdings helps investors to forecast how Concentra stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Concentra Group more accurately as focusing exclusively on Concentra Group's fundamentals will not take into account other important factors: Concentra Group Holdings Company Current Valuation Analysis
Concentra Group'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 Concentra Group Current Valuation | 3.74 B |
Most of Concentra Group'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, Concentra Group Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Concentra Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Concentra Group is extremely important. It helps to project a fair market value of Concentra Stock properly, considering its historical fundamentals such as Current Valuation. Since Concentra Group'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 Concentra Group'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 Concentra Group'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, Concentra Group Holdings has a Current Valuation of 3.74 B. This is 73.98% lower than that of the Health Care Providers & Services sector and significantly higher than that of the Health Care industry. The current valuation for all United States stocks is 77.52% higher than that of the company.
Concentra Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Concentra Group'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 Concentra Group could also be used in its relative valuation, which is a method of valuing Concentra Group by comparing valuation metrics of similar companies.Concentra Group is currently under evaluation in current valuation category among its peers.
Concentra Group ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Concentra Group's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Concentra Group's managers, analysts, and investors.Environmental | Governance | Social |
Concentra Fundamentals
| Profit Margin | 0.1 % | ||||
| Operating Margin | 0.18 % | ||||
| Current Valuation | 3.74 B | ||||
| Shares Outstanding | 126.59 M | ||||
| Shares Owned By Insiders | 82.23 % | ||||
| Shares Owned By Institutions | 3.84 % | ||||
| Number Of Shares Shorted | 952.12 K | ||||
| Price To Book | 2.35 X | ||||
| Price To Sales | 1.57 X | ||||
| Revenue | 1.84 B | ||||
| EBITDA | 360.15 M | ||||
| Net Income | 184.74 M | ||||
| Total Debt | 905 M | ||||
| Book Value Per Share | 11.98 X | ||||
| Cash Flow From Operations | 234.32 M | ||||
| Short Ratio | 1.68 X | ||||
| Earnings Per Share | 1.02 X | ||||
| Target Price | 29.79 | ||||
| Number Of Employees | 11 K | ||||
| Market Capitalization | 2.93 B | ||||
| Total Asset | 2.33 B | ||||
| Retained Earnings | 685.29 M | ||||
| Working Capital | 19.78 K | ||||
| Net Asset | 2.33 B |
About Concentra Group Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Concentra Group Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Concentra Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Concentra Group Holdings 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.
Pair Trading with Concentra Group
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 Concentra Group 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 Concentra Group will appreciate offsetting losses from the drop in the long position's value.Moving together with Concentra Stock
Moving against Concentra Stock
| 0.7 | ECOR | Electrocore LLC | PairCorr |
| 0.68 | MD | Mednax Inc | PairCorr |
| 0.53 | DOCS | Doximity Sell-off Trend | PairCorr |
| 0.4 | DRIO | DarioHealth Corp | PairCorr |
| 0.37 | OM | Outset Medical | PairCorr |
The ability to find closely correlated positions to Concentra Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Concentra Group 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 Concentra Group - 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 Concentra Group Holdings to buy it.
The correlation of Concentra Group 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 Concentra Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Concentra Group Holdings 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 Concentra Group 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.Check out Concentra Group Piotroski F Score and Concentra Group Altman Z Score analysis. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Concentra Group. If investors know Concentra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Concentra Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.02) | Earnings Share 1.02 | Revenue Per Share 17.842 | Quarterly Revenue Growth 0.023 |
The market value of Concentra Group Holdings is measured differently than its book value, which is the value of Concentra that is recorded on the company's balance sheet. Investors also form their own opinion of Concentra Group's value that differs from its market value or its book value, called intrinsic value, which is Concentra Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Concentra Group's market value can be influenced by many factors that don't directly affect Concentra Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Concentra Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Concentra Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Concentra Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.