Century Petroleum Book Value Per Share vs. Retained Earnings
Taking into consideration Century Petroleum's profitability measurements, Century Petroleum Corp may not be well positioned to generate adequate gross income at this time. It has a very high risk of underperforming in January. Profitability indicators assess Century Petroleum's ability to earn profits and add value for shareholders.
As of December 4, 2024, Price To Sales Ratio is expected to decline to 68.18. In addition to that, Days Sales Outstanding is expected to decline to 613.86. The current year's Income Quality is expected to grow to 1.52, whereas Operating Income is forecasted to decline to (21.7 K).
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Book Value Per Share | First Reported 2010-12-31 | Previous Quarter 0.0659 | Current Value 0.0553 | Quarterly Volatility 0.00511291 |
For Century Petroleum profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Century Petroleum to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Century Petroleum Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Century Petroleum's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Century Petroleum Corp over time as well as its relative position and ranking within its peers.
Century |
Is Oil & Gas Exploration & Production 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 Century Petroleum. If investors know Century 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 Century Petroleum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Century Petroleum Corp is measured differently than its book value, which is the value of Century that is recorded on the company's balance sheet. Investors also form their own opinion of Century Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Century Petroleum'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 Century Petroleum's market value can be influenced by many factors that don't directly affect Century Petroleum'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 Century Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Century Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Century Petroleum'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.
Century Petroleum Corp Retained Earnings vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Century Petroleum's current stock value. Our valuation model uses many indicators to compare Century Petroleum value to that of its competitors to determine the firm's financial worth. Century Petroleum Corp is rated second in book value per share category among its peers. It is number one stock in retained earnings category among its peers . At present, Century Petroleum's Book Value Per Share is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Century Petroleum by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Century Retained Earnings vs. Book Value Per Share
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Century Petroleum |
| = | 0.04 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Century Petroleum |
| = | (17.86 M) |
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
Century Retained Earnings Comparison
Century Petroleum is currently under evaluation in retained earnings category among its peers.
Century Petroleum Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Century Petroleum, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Century Petroleum will eventually generate negative long term returns. The profitability progress is the general direction of Century Petroleum's change in net profit over the period of time. It can combine multiple indicators of Century Petroleum, 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 | ||
| Operating Income | -20.7 K | -21.7 K | |
| Net Loss | -20.8 K | -21.8 K | |
| Income Before Tax | -20.8 K | -21.8 K | |
| Total Other Income Expense Net | 12.2 K | 6.8 K | |
| Net Loss | -20.8 K | -21.8 K | |
| Net Loss | -20.8 K | -21.8 K | |
| Net Interest Income | (72.90) | (69.25) | |
| Change To Netincome | 2.5 M | 1.5 M | |
| Income Quality | 1.45 | 1.52 |
Century Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Century Petroleum. 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 Century Petroleum 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 Century Petroleum's important profitability drivers and their relationship over time.
Use Century Petroleum 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 Century Petroleum 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 Century Petroleum will appreciate offsetting losses from the drop in the long position's value.Century Petroleum Pair Trading
Century Petroleum Corp Pair Trading Analysis
The ability to find closely correlated positions to Century Petroleum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Century Petroleum 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 Century Petroleum - 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 Century Petroleum Corp to buy it.
The correlation of Century Petroleum 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 Century Petroleum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Century Petroleum Corp 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 Century Petroleum 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 Century Petroleum position
In addition to having Century Petroleum 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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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Utilities - Regulated Electric theme has 7 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 Utilities - Regulated Electric Theme or any other thematic opportunities.
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To fully project Century Petroleum's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Century Petroleum 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 Century Petroleum's income statement, its balance sheet, and the statement of cash flows.