Meren Energy Stock Net Income
| MER Stock | 1.82 0.04 2.25% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Meren Energy's long-term financial health and intrinsic value.
| Last Reported | Projected for Next Year | ||
| Net Loss | -279.1 M | -265.1 M | |
| Net Loss | -279.1 M | -265.1 M |
Meren | Net Income |
Meren Energy Company Net Income Analysis
Meren Energy's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Meren Energy Net Income | (279.1 M) |
Most of Meren Energy's fundamental indicators, such as Net Income, 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, Meren Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Meren Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Meren Energy is extremely important. It helps to project a fair market value of Meren Stock properly, considering its historical fundamentals such as Net Income. Since Meren Energy'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 Meren Energy'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 Meren Energy's interrelated accounts and indicators.
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Meren Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Meren Energy reported net income of (279.1 Million). This is 112.29% lower than that of the Energy sector and 181.1% lower than that of the Oil & Gas E&P industry. The net income for all Canada stocks is 148.88% higher than that of the company.
Meren Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Meren Energy's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Meren Energy could also be used in its relative valuation, which is a method of valuing Meren Energy by comparing valuation metrics of similar companies.Meren Energy is currently under evaluation in net income category among its peers.
Meren Energy Current Valuation Drivers
We derive many important indicators used in calculating different scores of Meren Energy from analyzing Meren Energy's financial statements. These drivers represent accounts that assess Meren Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Meren Energy's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 390.5M | 669.8M | 852.0M | 908.4M | 636.7M | 368.9M | |
| Enterprise Value | 493.5M | 611.3M | 652.7M | 676.4M | 578.6M | 607.6M |
Meren Fundamentals
| Return On Equity | -25.82 | ||||
| EBITDA | 29.8 K | ||||
| Net Income | (279.1 M) | ||||
| Cash And Equivalents | 61.4 M | ||||
| Total Debt | 3.3 M | ||||
| Cash Flow From Operations | (40.9 M) | ||||
| Earnings Per Share | (0.72) X | ||||
| Number Of Employees | 25 | ||||
| Market Capitalization | 1.21 B | ||||
| Total Asset | 615.2 M | ||||
| Retained Earnings | (734 M) | ||||
| Net Asset | 615.2 M |
About Meren Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Meren Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Meren Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Meren 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.
Pair Trading with Meren Energy
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 Meren Energy 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 Meren Energy will appreciate offsetting losses from the drop in the long position's value.Moving against Meren Stock
| 0.66 | MEGO-P | Amego Capital Corp | PairCorr |
| 0.65 | RCI-B | Rogers Communications | PairCorr |
| 0.43 | ELF-PH | E L Financial | PairCorr |
| 0.4 | OPHR | Ophir Gold Corp | PairCorr |
| 0.39 | QNC | Quantum Numbers | PairCorr |
The ability to find closely correlated positions to Meren Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Meren Energy 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 Meren Energy - 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 Meren Energy to buy it.
The correlation of Meren Energy 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 Meren Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Meren Energy 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 Meren Energy 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 Meren Stock
Meren Energy financial ratios help investors to determine whether Meren 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 Meren with respect to the benefits of owning Meren Energy security.