Essential Energy Revenue vs. Price To Book
| EEYUFDelisted Stock | USD 0.28 0.00 0.00% |
For Essential Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Essential Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Essential Energy Services utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Essential Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Essential Energy Services over time as well as its relative position and ranking within its peers.
Essential |
Essential Energy Services Price To Book vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Essential Energy's current stock value. Our valuation model uses many indicators to compare Essential Energy value to that of its competitors to determine the firm's financial worth. Essential Energy Services is rated below average in revenue category among its peers. It also is rated below average in price to book category among its peers . The ratio of Revenue to Price To Book for Essential Energy Services is about 263,724,978 . 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 Essential Energy's earnings, one of the primary drivers of an investment's value.Essential Revenue vs. Competition
Essential Energy Services is rated below average in revenue category among its peers. Market size based on revenue of Energy industry is currently estimated at about 3.93 Billion. Essential Energy holds roughly 121.21 Million in revenue claiming about 3% of equities under Energy industry.
Essential Price To Book 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.
Essential Energy |
| = | 121.21 M |
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 Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Essential Energy |
| = | 0.46 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Essential Price To Book Comparison
Essential Energy is currently under evaluation in price to book category among its peers.
Essential Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Essential Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Essential Energy will eventually generate negative long term returns. The profitability progress is the general direction of Essential Energy's change in net profit over the period of time. It can combine multiple indicators of Essential 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.
Essential Energy Services Ltd., together with its subsidiaries, provides oilfield services to oil and gas exploration and production companies. Essential Energy Services Ltd. was incorporated in 2010 and is headquartered in Calgary, Canada. Essential Energy operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 299 people.
Essential Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Essential 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 Essential 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 Essential Energy's important profitability drivers and their relationship over time.
Use Essential Energy 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 Essential Energy 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 Essential Energy will appreciate offsetting losses from the drop in the long position's value.Essential Energy Pair Trading
Essential Energy Services Pair Trading Analysis
The ability to find closely correlated positions to Essential Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Essential Energy 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 Essential Energy - 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 Essential Energy Services to buy it.
The correlation of Essential Energy 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 Essential Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Essential Energy 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 Essential Energy 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 Essential Energy position
In addition to having Essential 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?
Run FinTech Thematic Idea Now
FinTech
High long term potential financial entities that are ranging from payment processing, investment management to commercial and investment banking. The FinTech theme has 81 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 FinTech Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Other Consideration for investing in Essential Pink Sheet
If you are still planning to invest in Essential Energy Services check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Essential Energy's history and understand the potential risks before investing.
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |