Patten Energy Solutions Stock Current Valuation
Valuation analysis of Patten Energy Solutions helps investors to measure Patten Energy'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 25th of November 2024, Enterprise Value Over EBITDA is likely to drop to -0.95. In addition to that, Enterprise Value Multiple is likely to drop to -0.95. Fundamental drivers impacting Patten Energy's valuation include:
Price Book 1.6099 | Enterprise Value 272.8 K | Enterprise Value Ebitda (0.04) |
Undervalued
Today
Please note that Patten Energy's price fluctuation is out of control at this time. Calculation of the real value of Patten Energy Solutions is based on 3 months time horizon. Increasing Patten Energy's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Patten Energy is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Patten Stock. However, Patten Energy'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 0.0 | Real 0.0 | Hype 0.0 |
The intrinsic value of Patten Energy'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 Patten Energy'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 Patten Energy Solutions helps investors to forecast how Patten 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 Patten Energy more accurately as focusing exclusively on Patten Energy's fundamentals will not take into account other important factors: Patten Energy Solutions Company Current Valuation Analysis
Patten Energy'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 Patten Energy Current Valuation | 272.8 K |
Most of Patten Energy'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, Patten Energy Solutions is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Patten Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Patten Energy is extremely important. It helps to project a fair market value of Patten Stock properly, considering its historical fundamentals such as Current Valuation. Since Patten 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 Patten 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 Patten Energy'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, Patten Energy Solutions has a Current Valuation of 272.8 K. This is 100.0% lower than that of the Energy sector and significantly higher than that of the Oil, Gas & Consumable Fuels industry. The current valuation for all United States stocks is 100.0% higher than that of the company.
Patten Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Patten Energy'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 Patten Energy could also be used in its relative valuation, which is a method of valuing Patten Energy by comparing valuation metrics of similar companies.Patten Energy is currently under evaluation in current valuation category among its peers.
Patten Fundamentals
| Return On Equity | -5.77 | ||||
| Return On Asset | -1.31 | ||||
| Current Valuation | 272.8 K | ||||
| Shares Outstanding | 2.73 B | ||||
| Price To Earning | (0.08) X | ||||
| Price To Book | 1.61 X | ||||
| Revenue | 5.66 M | ||||
| EBITDA | (531.11 K) | ||||
| Net Income | (2.32 M) | ||||
| Cash And Equivalents | 76 | ||||
| Total Debt | 2.67 M | ||||
| Current Ratio | 0.08 X | ||||
| Book Value Per Share | (0) X | ||||
| Cash Flow From Operations | (143.38 K) | ||||
| Target Price | 5.1 | ||||
| Beta | -16.59 | ||||
| Market Capitalization | 27.28 K | ||||
| Total Asset | 675.99 K | ||||
| Retained Earnings | (17.41 M) | ||||
| Working Capital | (2.78 M) | ||||
| Current Asset | 388 K | ||||
| Current Liabilities | 3.17 M | ||||
| Net Asset | 675.99 K |
About Patten Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Patten Energy Solutions's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Patten Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Patten Energy Solutions 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 Patten 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 Patten 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 Patten Energy will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Patten 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 Patten 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 Patten 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 Patten Energy Solutions to buy it.
The correlation of Patten 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 Patten Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Patten Energy Solutions 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 Patten 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.Check out Patten Energy Piotroski F Score and Patten Energy Altman Z Score analysis. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Oil & Gas Refining & Marketing 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 Patten Energy. If investors know Patten 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 Patten Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets (1.31) | Return On Equity (5.77) |
The market value of Patten Energy Solutions is measured differently than its book value, which is the value of Patten that is recorded on the company's balance sheet. Investors also form their own opinion of Patten Energy's value that differs from its market value or its book value, called intrinsic value, which is Patten Energy'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 Patten Energy's market value can be influenced by many factors that don't directly affect Patten Energy'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 Patten Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Patten Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patten Energy'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.