Engro Stock Fundamentals
| ENGRO Stock | 332.71 5.05 1.50% |
Engro fundamentals help investors to digest information that contributes to Engro's financial success or failures. It also enables traders to predict the movement of Engro Stock. The fundamental analysis module provides a way to measure Engro'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 Engro stock.
Engro |
Engro Company Total Debt Analysis
Engro's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current Engro Total Debt | 139.82 B |
Most of Engro's fundamental indicators, such as Total Debt, 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, Engro is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
| Competition |
Based on the latest financial disclosure, Engro has a Total Debt of 139.82 B. This is much higher than that of the Materials sector and significantly higher than that of the Chemicals industry. The total debt for all Pakistan stocks is notably lower than that of the firm.
Engro Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Engro's current stock value. Our valuation model uses many indicators to compare Engro value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Engro competition to find correlations between indicators driving Engro's intrinsic value. More Info.Engro is rated as one of the top companies in revenue category among its peers. It also is one of the top stocks in ebitda category among its peers totaling about 0.31 of EBITDA per Revenue. The ratio of Revenue to EBITDA for Engro is roughly 3.22 . 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 Engro's earnings, one of the primary drivers of an investment's value.Engro Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Engro's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Engro could also be used in its relative valuation, which is a method of valuing Engro by comparing valuation metrics of similar companies.Engro is currently under evaluation in total debt category among its peers.
Engro Fundamentals
| Revenue | 311.59 B | |||
| EBITDA | 96.87 B | |||
| Net Income | 27.94 B | |||
| Total Debt | 139.82 B | |||
| Cash Flow From Operations | 48.61 B | |||
| Total Asset | 644.32 B | |||
| Net Asset | 644.32 B |
About Engro Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Engro's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Engro using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Engro 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 Engro
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 Engro 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 Engro will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Engro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Engro 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 Engro - 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 Engro to buy it.
The correlation of Engro 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 Engro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Engro 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 Engro 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 Engro Stock
Engro financial ratios help investors to determine whether Engro 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 Engro with respect to the benefits of owning Engro security.