Entergy Texas Preferred Stock Current Valuation
| ETI-P Preferred Stock | USD 24.73 0.12 0.49% |
Valuation analysis of Entergy Texas helps investors to measure Entergy Texas' intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that Entergy Texas' price fluctuation is very steady at this time. Calculation of the real value of Entergy Texas is based on 3 months time horizon. Increasing Entergy Texas' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Entergy Texas' intrinsic value may or may not be the same as its current market price of 24.73, 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 24.73 | Real 22.76 | Hype 24.73 | Naive 24.55 |
The intrinsic value of Entergy Texas' 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 Entergy Texas' 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 Entergy Texas helps investors to forecast how Entergy preferred 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 Entergy Texas more accurately as focusing exclusively on Entergy Texas' fundamentals will not take into account other important factors: Entergy Texas Company Current Valuation Analysis
Entergy Texas' 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.
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, Entergy Texas has a Current Valuation of 0.0. This is 100.0% lower than that of the Utilities sector and about the same as Utilities-Regulated Electric (which currently averages 0.0) industry. The current valuation for all United States preferred stocks is 100.0% higher than that of the company.
Entergy Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Entergy Texas' direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of Entergy Texas could also be used in its relative valuation, which is a method of valuing Entergy Texas by comparing valuation metrics of similar companies.Entergy Texas is currently under evaluation in current valuation category among its peers.
Entergy Fundamentals
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0273 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.16 % | ||||
| Shares Owned By Institutions | 15.36 % | ||||
| Price To Earning | 6.01 X | ||||
| Revenue | 570.85 M | ||||
| Gross Profit | 587.89 M | ||||
| EBITDA | 357.02 M | ||||
| Net Income | 228.82 M | ||||
| Total Debt | 2.35 B | ||||
| Book Value Per Share | 35.29 X | ||||
| Cash Flow From Operations | 356.93 M | ||||
| Earnings Per Share | 3.90 X | ||||
| Number Of Employees | 658 | ||||
| Total Asset | 6.26 B | ||||
| Annual Yield | 0.05 % | ||||
| Net Asset | 6.26 B | ||||
| Last Dividend Paid | 1.34 |
About Entergy Texas Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Entergy Texas's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Entergy Texas using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Entergy Texas 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 Entergy Texas
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 Entergy Texas 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 Entergy Texas will appreciate offsetting losses from the drop in the long position's value.Moving against Entergy Preferred Stock
The ability to find closely correlated positions to Entergy Texas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Entergy Texas 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 Entergy Texas - 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 Entergy Texas to buy it.
The correlation of Entergy Texas 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 Entergy Texas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Entergy Texas 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 Entergy Texas 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 Entergy Preferred Stock Analysis
When running Entergy Texas' price analysis, check to measure Entergy Texas' 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 Entergy Texas is operating at the current time. Most of Entergy Texas' value examination focuses on studying past and present price action to predict the probability of Entergy Texas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Entergy Texas' price. Additionally, you may evaluate how the addition of Entergy Texas to your portfolios can decrease your overall portfolio volatility.