Devon Energy Stock Price To Sales
| D1VN34 Stock | BRL 226.78 0.00 0.00% |
Devon Energy fundamentals help investors to digest information that contributes to Devon Energy's financial success or failures. It also enables traders to predict the movement of Devon Stock. The fundamental analysis module provides a way to measure Devon 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 Devon Energy stock.
Devon |
Devon Energy Company Price To Sales Analysis
Devon Energy's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Devon Energy Price To Sales | 11.38 X |
Most of Devon Energy's fundamental indicators, such as Price To Sales, 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, Devon Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, Devon Energy has a Price To Sales of 11.3751 times. This is much higher than that of the Energy sector and notably higher than that of the Oil & Gas E&P industry. This indicator is about the same for all Brazil stocks average (which is currently at 11.42).
Devon Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Devon Energy's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Devon Energy could also be used in its relative valuation, which is a method of valuing Devon Energy by comparing valuation metrics of similar companies.Devon Energy is currently under evaluation in price to sales category among its peers.
Devon Fundamentals
| Return On Equity | 0.63 | |||
| Return On Asset | 0.23 | |||
| Profit Margin | 0.34 % | |||
| Operating Margin | 0.43 % | |||
| Current Valuation | 244.93 B | |||
| Shares Outstanding | 653.7 M | |||
| Price To Book | 3.69 X | |||
| Price To Sales | 11.38 X | |||
| Revenue | 18.78 B | |||
| Gross Profit | 7.41 B | |||
| EBITDA | 10.38 B | |||
| Net Income | 279 M | |||
| Cash And Equivalents | 1.35 B | |||
| Cash Per Share | 1.99 X | |||
| Total Debt | 6.79 B | |||
| Debt To Equity | 0.80 % | |||
| Current Ratio | 1.00 X | |||
| Book Value Per Share | 16.62 X | |||
| Cash Flow From Operations | 2.53 B | |||
| Earnings Per Share | 50.64 X | |||
| Price To Earnings To Growth | 0.48 X | |||
| Number Of Employees | 1.6 K | |||
| Beta | 2.39 | |||
| Market Capitalization | 221.56 B | |||
| Z Score | 19.2 | |||
| Annual Yield | 0.08 % | |||
| Last Dividend Paid | 4.66 |
About Devon Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Devon Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Devon Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Devon 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.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Devon Stock
When determining whether Devon Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Devon Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Devon Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Devon Energy Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Devon Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For information on how to trade Devon Stock refer to our How to Trade Devon Stock guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.