Suncor Energy Stock Beta

SU Stock

USD 38.64 0.04 0.10%

Suncor Energy fundamentals help investors to digest information that contributes to Suncor Energy's financial success or failures. It also enables traders to predict the movement of Suncor Stock. The fundamental analysis module provides a way to measure Suncor 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 Suncor Energy stock.

Short Long Term Debt Total Total Assets

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Suncor Energy Company Beta Analysis

Suncor Energy's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current Suncor Energy Beta

1.46

Most of Suncor Energy's fundamental indicators, such as Beta, 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, Suncor Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Suncor Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Suncor Energy is extremely important. It helps to project a fair market value of Suncor Stock properly, considering its historical fundamentals such as Beta. Since Suncor 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 Suncor 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 Suncor Energy's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Intangible Assets	Net Tangible Assets	Long Term Debt	Good Will	Long Term Investments	Short Long Term Debt	Property Plant Equipment	Current Deferred Revenue	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.98	0.78	0.77	0.85	0.7	0.98	0.76	0.32	0.8	0.54	0.65	0.8	0.82	0.55	0.11	0.82	0.05	-0.39	0.41	0.35	-0.45
Total Stockholder Equity	0.98		0.64	0.87	0.86	0.71	0.92	0.81	0.18	0.75	0.43	0.57	0.73	0.81	0.47	0.1	0.77	0.18	-0.21	0.38	0.35	-0.39
Net Debt	0.78	0.64		0.24	0.49	0.34	0.87	0.3	0.62	0.7	0.6	0.83	0.77	0.52	0.59	0.06	0.73	-0.36	-0.78	0.39	0.25	-0.48
Retained Earnings	0.77	0.87	0.24		0.84	0.8	0.65	0.89	-0.22	0.42	0.34	0.26	0.36	0.65	0.39	0.03	0.44	0.29	0.14	0.45	0.5	-0.41
Accounts Payable	0.85	0.86	0.49	0.84		0.93	0.8	0.93	0.01	0.52	0.67	0.34	0.46	0.69	0.61	0.06	0.58	0.04	-0.2	0.62	0.6	-0.63
Net Receivables	0.7	0.71	0.34	0.8	0.93		0.66	0.94	-0.11	0.29	0.74	0.17	0.26	0.54	0.6	-0.02	0.37	-0.02	-0.14	0.72	0.72	-0.72
Total Liab	0.98	0.92	0.87	0.65	0.8	0.66		0.69	0.44	0.8	0.61	0.7	0.82	0.78	0.6	0.12	0.83	-0.06	-0.55	0.42	0.33	-0.49
Total Current Assets	0.76	0.81	0.3	0.89	0.93	0.94	0.69		-0.1	0.42	0.58	0.16	0.37	0.69	0.53	0.07	0.45	0.18	0.01	0.53	0.55	-0.52
Short Term Debt	0.32	0.18	0.62	-0.22	0.01	-0.11	0.44	-0.1		0.55	0.12	0.39	0.52	0.33	0.24	0.44	0.56	-0.15	-0.64	-0.12	-0.4	0.11
Common Stock	0.8	0.75	0.7	0.42	0.52	0.29	0.8	0.42	0.55		0.19	0.57	0.96	0.89	0.26	0.21	0.98	0.2	-0.34	-0.03	-0.12	-0.01
Intangible Assets	0.54	0.43	0.6	0.34	0.67	0.74	0.61	0.58	0.12	0.19		0.46	0.24	0.25	0.84	-0.08	0.27	-0.62	-0.52	0.85	0.79	-0.92
Net Tangible Assets	0.65	0.57	0.83	0.26	0.34	0.17	0.7	0.16	0.39	0.57	0.46		0.63	0.33	0.63	-0.15	0.58	-0.36	-0.54	0.4	0.3	-0.45
Long Term Debt	0.8	0.73	0.77	0.36	0.46	0.26	0.82	0.37	0.52	0.96	0.24	0.63		0.81	0.26	0.16	0.94	0.15	-0.44	-0.04	-0.08	-0.05
Good Will	0.82	0.81	0.52	0.65	0.69	0.54	0.78	0.69	0.33	0.89	0.25	0.33	0.81		0.26	0.18	0.86	0.3	-0.15	0.05	0.01	-0.06
Long Term Investments	0.55	0.47	0.59	0.39	0.61	0.6	0.6	0.53	0.24	0.26	0.84	0.63	0.26	0.26		0.14	0.33	-0.46	-0.45	0.78	0.64	-0.78
Short Long Term Debt	0.11	0.1	0.06	0.03	0.06	-0.02	0.12	0.07	0.44	0.21	-0.08	-0.15	0.16	0.18	0.14		0.23	0.24	-0.13	-0.18	-0.29	0.19
Property Plant Equipment	0.82	0.77	0.73	0.44	0.58	0.37	0.83	0.45	0.56	0.98	0.27	0.58	0.94	0.86	0.33	0.23		0.18	-0.42	0.07	-0.03	-0.11
Current Deferred Revenue	0.05	0.18	-0.36	0.29	0.04	-0.02	-0.06	0.18	-0.15	0.2	-0.62	-0.36	0.15	0.3	-0.46	0.24	0.18		0.41	-0.56	-0.48	0.59
Cash And Equivalents	-0.39	-0.21	-0.78	0.14	-0.2	-0.14	-0.55	0.01	-0.64	-0.34	-0.52	-0.54	-0.44	-0.15	-0.45	-0.13	-0.42	0.41		-0.23	-0.08	0.39
Net Invested Capital	0.41	0.38	0.39	0.45	0.62	0.72	0.42	0.53	-0.12	-0.03	0.85	0.4	-0.04	0.05	0.78	-0.18	0.07	-0.56	-0.23		0.93	-0.96
Net Working Capital	0.35	0.35	0.25	0.5	0.6	0.72	0.33	0.55	-0.4	-0.12	0.79	0.3	-0.08	0.01	0.64	-0.29	-0.03	-0.48	-0.08	0.93		-0.93
Capital Stock	-0.45	-0.39	-0.48	-0.41	-0.63	-0.72	-0.49	-0.52	0.11	-0.01	-0.92	-0.45	-0.05	-0.06	-0.78	0.19	-0.11	0.59	0.39	-0.96	-0.93

Click cells to compare fundamentals

In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict Suncor Energy

In accordance with the recently published financial statements, Suncor Energy has a Beta of 1.464. This is 13.88% lower than that of the Oil, Gas & Consumable Fuels sector and 30.71% higher than that of the Energy industry. The beta for all United States stocks is notably lower than that of the firm.

Suncor Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Suncor Energy's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Suncor Energy could also be used in its relative valuation, which is a method of valuing Suncor Energy by comparing valuation metrics of similar companies.

Suncor Energy is currently under evaluation in beta category among its peers.

Suncor Energy ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Suncor Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Suncor Energy's managers, analysts, and investors.

Environmental

Governance

Social

Suncor Energy Institutional Holders

Institutional Holdings refers to the ownership stake in Suncor Energy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Suncor Energy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Suncor Energy's value.

		Shares
Artisan Partners Limited Partnership	2024-09-30	24.1 M
Massachusetts Financial Services Company	2024-09-30	23.1 M
1832 Asset Management L.p	2024-09-30	22.1 M
Cibc World Markets Inc.	2024-09-30	21.8 M
The Toronto-dominion Bank	2024-09-30	18.5 M
Cibc Global Asset Management Inc	2024-09-30	13.9 M
Mackenzie Investments	2024-09-30	13.8 M
Bank Of Nova Scotia	2024-09-30	12.1 M
Arrowstreet Capital Limited Partnership	2024-09-30	11.9 M
Royal Bank Of Canada	2024-09-30	68.8 M
Sanders Capital, Llc	2024-09-30	58.1 M

As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Suncor Energy will likely underperform.

Suncor Fundamentals

	Return On Equity	0.18
	Return On Asset	0.071
	Profit Margin	0.16 %
	Operating Margin	0.21 %
	Current Valuation	56.95 B
	Shares Outstanding	1.26 B
	Shares Owned By Institutions	72.72 %
	Number Of Shares Shorted	11.2 M
	Price To Earning	8.49 X
	Price To Book	1.55 X
	Price To Sales	0.95 X
	Revenue	52.21 B
	Gross Profit	29.72 B
	EBITDA	17.81 B
	Net Income	8.29 B
	Cash And Equivalents	1.98 B
	Cash Per Share	3.45 X
	Total Debt	15.8 B
	Debt To Equity	0.50 %
	Current Ratio	1.26 X
	Book Value Per Share	35.74 X
	Cash Flow From Operations	12.34 B
	Short Ratio	2.78 X
	Earnings Per Share	4.32 X
	Price To Earnings To Growth	0.07 X
	Target Price	42.99
	Number Of Employees	14.91 K
	Beta	1.46
	Market Capitalization	48.65 B
	Total Asset	88.54 B
	Retained Earnings	20 B
	Working Capital	4.21 B
	Current Asset	10.43 B
	Current Liabilities	7.14 B
	Annual Yield	0.04 %
	Five Year Return	3.94 %
	Net Asset	88.54 B
	Last Dividend Paid	2.18

About Suncor Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Suncor Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Suncor Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Suncor 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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Additional Tools for Suncor Stock Analysis

When running Suncor Energy's price analysis, check to measure Suncor Energy's 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 Suncor Energy is operating at the current time. Most of Suncor Energy's value examination focuses on studying past and present price action to predict the probability of Suncor Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Suncor Energy's price. Additionally, you may evaluate how the addition of Suncor Energy to your portfolios can decrease your overall portfolio volatility.

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