Calfrac Well Revenue vs. Price To Earning
| CFW Stock | CAD 3.95 0.02 0.50% |
Total Revenue | First Reported 1997-03-31 | Previous Quarter 426 M | Current Value 430.1 M | Quarterly Volatility 193.6 M |
For Calfrac Well profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Calfrac Well to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Calfrac Well Services utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Calfrac Well's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Calfrac Well Services over time as well as its relative position and ranking within its peers.
Calfrac |
Calfrac Well Services Price To Earning vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Calfrac Well's current stock value. Our valuation model uses many indicators to compare Calfrac Well value to that of its competitors to determine the firm's financial worth. Calfrac Well Services is the top company in revenue category among its peers. It also is number one stock in price to earning category among its peers . The ratio of Revenue to Price To Earning for Calfrac Well Services is about 91,746,112 . At this time, Calfrac Well's Total Revenue is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Calfrac Well by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Calfrac Well'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.Calfrac Revenue vs. Competition
Calfrac Well Services is the top company in revenue category among its peers. Market size based on revenue of Energy industry is currently estimated at about 12.5 Billion. Calfrac Well retains roughly 1.86 Billion in revenue claiming about 15% of equities under Energy industry.
Calfrac Price To Earning vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Calfrac Well |
| = | 1.86 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Calfrac Well |
| = | 20.32 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Calfrac Well Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Calfrac Well, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Calfrac Well will eventually generate negative long term returns. The profitability progress is the general direction of Calfrac Well's change in net profit over the period of time. It can combine multiple indicators of Calfrac Well, 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 | 16.2 M | 17 M | |
| Operating Income | 207.5 M | 217.9 M | |
| Income Before Tax | 201.6 M | 211.7 M | |
| Total Other Income Expense Net | -5.9 M | -6.2 M | |
| Net Income | 190.7 M | 200.2 M | |
| Income Tax Expense | 4.1 M | 2.2 M | |
| Net Income From Continuing Ops | 199.1 M | 209.1 M | |
| Net Income Applicable To Common Shares | 10.5 M | 11 M | |
| Net Interest Income | -38 M | -39.9 M | |
| Change To Netincome | 56 M | 58.8 M | |
| Net Income Per Share | 2.35 | 3.12 | |
| Income Quality | 1.48 | 1.55 | |
| Net Income Per E B T | 0.95 | 0.95 |
Calfrac Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Calfrac Well. 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 Calfrac Well 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 Calfrac Well's important profitability drivers and their relationship over time.
Use Calfrac Well in pair-trading
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 Calfrac Well 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 Calfrac Well will appreciate offsetting losses from the drop in the long position's value.Calfrac Well Pair Trading
Calfrac Well Services Pair Trading Analysis
The ability to find closely correlated positions to Calfrac Well could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Calfrac Well 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 Calfrac Well - 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 Calfrac Well Services to buy it.
The correlation of Calfrac Well 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 Calfrac Well moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Calfrac Well Services 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 Calfrac Well 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.Use Investing Themes to Complement your Calfrac Well position
In addition to having Calfrac Well 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?
Run Large Growth Funds Thematic Idea Now
Large Growth Funds
Funds or Etfs that invest in stocks of large-sized companies with above-average risk and growth rate. The Large Growth Funds theme has 48 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 Large Growth Funds Theme or any other thematic opportunities.
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Other Information on Investing in Calfrac Stock
To fully project Calfrac Well's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Calfrac Well Services 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 Calfrac Well's income statement, its balance sheet, and the statement of cash flows.