Consolidated Edison Current Valuation vs. Cash Per Share
| EDC Stock | EUR 90.20 0.20 0.22% |
For Consolidated Edison profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Consolidated Edison to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Consolidated Edison utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Consolidated Edison's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Consolidated Edison over time as well as its relative position and ranking within its peers.
Consolidated |
Consolidated Edison Cash Per Share vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Consolidated Edison's current stock value. Our valuation model uses many indicators to compare Consolidated Edison value to that of its competitors to determine the firm's financial worth. Consolidated Edison is rated as one of the top companies in current valuation category among its peers. It also is one of the top stocks in cash per share category among its peers . The ratio of Current Valuation to Cash Per Share for Consolidated Edison is about 22,826,152,697 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Consolidated Edison's earnings, one of the primary drivers of an investment's value.Consolidated Current Valuation vs. Competition
Consolidated Edison is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Utilities - Regulated Electric industry is currently estimated at about 103.72 Billion. Consolidated Edison totals roughly 57.07 Billion in current valuation claiming about 55% of Utilities - Regulated Electric industry.
Consolidated Cash Per Share vs. Current Valuation
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.
Consolidated Edison |
| = | 57.07 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.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Consolidated Edison |
| = | 2.50 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Consolidated Cash Per Share Comparison
Consolidated Edison is currently under evaluation in cash per share category among its peers.
Consolidated Edison Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Consolidated Edison, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Consolidated Edison will eventually generate negative long term returns. The profitability progress is the general direction of Consolidated Edison's change in net profit over the period of time. It can combine multiple indicators of Consolidated Edison, 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.
Consolidated Edison, Inc., through its subsidiaries, engages in regulated electric, gas, and steam delivery businesses in the United States. Consolidated Edison, Inc. was founded in 1884 and is based in New York, New York. CONSOLIDATED EDISON operates under Utilities - Regulated Electric classification in Germany and is traded on Frankfurt Stock Exchange. It employs 15307 people.
Consolidated Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Consolidated Edison. 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 Consolidated Edison 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 Consolidated Edison's important profitability drivers and their relationship over time.
Use Consolidated Edison 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 Consolidated Edison 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 Consolidated Edison will appreciate offsetting losses from the drop in the long position's value.Consolidated Edison Pair Trading
Consolidated Edison Pair Trading Analysis
The ability to find closely correlated positions to Consolidated Edison could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Consolidated Edison 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 Consolidated Edison - 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 Consolidated Edison to buy it.
The correlation of Consolidated Edison 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 Consolidated Edison moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Consolidated Edison 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 Consolidated Edison 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 Consolidated Edison position
In addition to having Consolidated Edison 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 Wireless Thematic Idea Now
Wireless
Companies providing wireless technology and communication services. The Wireless theme has 37 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 Wireless Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Information and Resources on Investing in Consolidated Stock
When determining whether Consolidated Edison is a strong investment it is important to analyze Consolidated Edison's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Consolidated Edison's future performance. For an informed investment choice regarding Consolidated Stock, refer to the following important reports:Check out Investing Opportunities. For more detail on how to invest in Consolidated Stock please use our How to Invest in Consolidated Edison guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
To fully project Consolidated Edison's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Consolidated Edison 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 Consolidated Edison's income statement, its balance sheet, and the statement of cash flows.