Baytex Energy Return On Equity vs. Current Valuation
| BTE Stock | CAD 3.97 0.09 2.22% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (0.06) | Current Value (0.06) | Quarterly Volatility 1.1317373 |
For Baytex Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Baytex Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Baytex Energy Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Baytex Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Baytex Energy Corp over time as well as its relative position and ranking within its peers.
Baytex |
Baytex Energy Corp Current Valuation vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Baytex Energy's current stock value. Our valuation model uses many indicators to compare Baytex Energy value to that of its competitors to determine the firm's financial worth. Baytex Energy Corp is rated fifth in return on equity category among its peers. It is rated fourth in current valuation category among its peers . At this time, Baytex Energy's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Baytex Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Baytex Energy's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Baytex Current Valuation vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Baytex Energy |
| = | -0.0805 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
Baytex Energy |
| = | 5.39 B |
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.
Baytex Current Valuation vs Competition
Baytex Energy Corp is rated fourth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Energy industry is currently estimated at about 70.28 Billion. Baytex Energy holds roughly 5.39 Billion in current valuation claiming about 8% of equities under Energy industry.
Baytex Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Baytex Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Baytex Energy will eventually generate negative long term returns. The profitability progress is the general direction of Baytex Energy's change in net profit over the period of time. It can combine multiple indicators of Baytex Energy, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 690.9 M | 725.5 M | |
| Operating Income | 11.9 M | 11.3 M | |
| Income Before Tax | -516.6 M | -490.8 M | |
| Total Other Income Expense Net | -528.5 M | -502.1 M | |
| Net Loss | -233.4 M | -221.7 M | |
| Income Tax Expense | -283.2 M | -269.1 M | |
| Net Loss | -233.4 M | -245 M | |
| Net Income Applicable To Common Shares | 983.9 M | 1 B | |
| Interest Income | 371.3 M | 389.8 M | |
| Net Interest Income | -171.8 M | -180.4 M | |
| Change To Netincome | -72.3 M | -68.7 M | |
| Net Loss | (0.33) | (0.31) | |
| Income Quality | (5.55) | (5.27) | |
| Net Income Per E B T | 0.45 | 0.47 |
Baytex Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Baytex Energy. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Baytex Energy position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Baytex Energy's important profitability drivers and their relationship over time.
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Use Investing Themes to Complement your Baytex Energy position
In addition to having Baytex Energy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Oil And Gas
Companies involved in drilling, production, and distribution of oil and gas pipelines. The Oil And Gas theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Oil And Gas Theme or any other thematic opportunities.
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Check out Trending Equities. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
To fully project Baytex Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Baytex Energy Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Baytex Energy's income statement, its balance sheet, and the statement of cash flows.