Enel Chile Shares Outstanding vs. Price To Book
| ENIC Stock | USD 2.72 0.03 1.12% |
For Enel Chile profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Enel Chile to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Enel Chile SA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Enel Chile's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Enel Chile SA over time as well as its relative position and ranking within its peers.
Enel |
Is Electric Utilities 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 Enel Chile. If investors know Enel 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 Enel Chile listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.033 | Dividend Share 3.981 | Earnings Share 0.57 | Revenue Per Share 3.4 K | Quarterly Revenue Growth 0.234 |
The market value of Enel Chile SA is measured differently than its book value, which is the value of Enel that is recorded on the company's balance sheet. Investors also form their own opinion of Enel Chile's value that differs from its market value or its book value, called intrinsic value, which is Enel Chile'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 Enel Chile's market value can be influenced by many factors that don't directly affect Enel Chile'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 Enel Chile's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enel Chile is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enel Chile'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.
Enel Chile SA Price To Book vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Enel Chile's current stock value. Our valuation model uses many indicators to compare Enel Chile value to that of its competitors to determine the firm's financial worth. Enel Chile SA is rated # 2 in shares outstanding category among its peers. It is rated below average in price to book category among its peers . The ratio of Shares Outstanding to Price To Book for Enel Chile SA is about 1,816,347,227 . 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 Enel Chile's earnings, one of the primary drivers of an investment's value.Enel Price To Book vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Enel Chile |
| = | 1.38 B |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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.
Enel Chile |
| = | 0.76 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.
Enel Price To Book Comparison
Enel Chile is currently under evaluation in price to book category among its peers.
Enel Chile Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Enel Chile, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Enel Chile will eventually generate negative long term returns. The profitability progress is the general direction of Enel Chile's change in net profit over the period of time. It can combine multiple indicators of Enel Chile, 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 | -1.5 T | -1.6 T | |
| Operating Income | 767.8 B | 698.1 B | |
| Net Income From Continuing Ops | 1.4 T | 1.5 T | |
| Income Before Tax | 906.9 B | 611.8 B | |
| Total Other Income Expense Net | 139.2 B | 146.1 B | |
| Net Income Applicable To Common Shares | 1.4 T | 1.5 T | |
| Net Income | 633.5 B | 395.4 B | |
| Income Tax Expense | 226.9 B | 140.4 B | |
| Interest Income | 57.3 B | 37.2 B | |
| Net Interest Income | -107.1 B | -112.4 B | |
| Change To Netincome | -671 B | -637.5 B |
Enel Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Enel Chile. 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 Enel Chile 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 Enel Chile's important profitability drivers and their relationship over time.
Use Enel Chile 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 Enel Chile 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 Enel Chile will appreciate offsetting losses from the drop in the long position's value.Enel Chile Pair Trading
Enel Chile SA Pair Trading Analysis
The ability to find closely correlated positions to Enel Chile could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enel Chile 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 Enel Chile - 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 Enel Chile SA to buy it.
The correlation of Enel Chile 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 Enel Chile moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enel Chile SA 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 Enel Chile 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 Enel Chile position
In addition to having Enel Chile 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 Sport Products Thematic Idea Now
Sport Products
Companies manufacturing sporting goods and accessories. The Sport Products theme has 47 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 Sport Products Theme or any other thematic opportunities.
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To fully project Enel Chile's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Enel Chile SA 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 Enel Chile's income statement, its balance sheet, and the statement of cash flows.