New Fortress Price To Earning vs. Revenue
| NFE Stock | USD 9.71 0.04 0.41% |
For New Fortress profitability analysis, we use financial ratios and fundamental drivers that measure the ability of New Fortress to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well New Fortress Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between New Fortress's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of New Fortress Energy over time as well as its relative position and ranking within its peers.
New |
Is Oil & Gas Refining & Marketing 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 New Fortress. If investors know New 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 New Fortress 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 (0.90) | Dividend Share 0.4 | Earnings Share 0.91 | Revenue Per Share 11.791 | Quarterly Revenue Growth 0.103 |
The market value of New Fortress Energy is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New Fortress' value that differs from its market value or its book value, called intrinsic value, which is New Fortress' 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 New Fortress' market value can be influenced by many factors that don't directly affect New Fortress' 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 New Fortress' value and its price as these two are different measures arrived at by different means. Investors typically determine if New Fortress is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Fortress' 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.
New Fortress Energy Revenue vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining New Fortress's current stock value. Our valuation model uses many indicators to compare New Fortress value to that of its competitors to determine the firm's financial worth. New Fortress Energy is considered to be number one stock in price to earning category among its peers. It is regarded third in revenue category among its peers totaling about 46,240,582 of Revenue per Price To Earning. At present, New Fortress' Total Revenue is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value New Fortress 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.New Revenue vs. Price To Earning
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.
New Fortress |
| = | 52.19 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.
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.
New Fortress |
| = | 2.41 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.
New Revenue vs Competition
New Fortress Energy is regarded third in revenue category among its peers. Market size based on revenue of Energy industry is now estimated at about 15 Billion. New Fortress retains roughly 2.41 Billion in revenue claiming about 16% of equities under Energy industry.
New Fortress Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in New Fortress, profitability is also one of the essential criteria for including it into their portfolios because, without profit, New Fortress will eventually generate negative long term returns. The profitability progress is the general direction of New Fortress' change in net profit over the period of time. It can combine multiple indicators of New Fortress, 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 | 71.5 M | 75.1 M | |
| Net Interest Income | -281.4 M | -267.3 M | |
| Interest Income | 8.2 M | 8.2 M | |
| Operating Income | 931.2 M | 977.8 M | |
| Net Income From Continuing Ops | 399.8 M | 419.8 M | |
| Income Before Tax | 664.4 M | 697.6 M | |
| Total Other Income Expense Net | -266.8 M | -253.5 M | |
| Net Income Applicable To Common Shares | 223.7 M | 234.8 M | |
| Net Income | 547.9 M | 575.3 M | |
| Income Tax Expense | 115.5 M | 121.3 M | |
| Non Operating Income Net Other | -395.3 M | -375.5 M | |
| Change To Netincome | 174.9 M | 183.7 M | |
| Net Income Per Share | 2.66 | 2.79 | |
| Income Quality | 1.51 | 1.02 | |
| Net Income Per E B T | 0.82 | 0.99 |
New Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on New Fortress. 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 New Fortress 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 New Fortress' important profitability drivers and their relationship over time.
Use New Fortress 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 New Fortress 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 New Fortress will appreciate offsetting losses from the drop in the long position's value.New Fortress Pair Trading
New Fortress Energy Pair Trading Analysis
The ability to find closely correlated positions to New Fortress could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New Fortress 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 New Fortress - 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 New Fortress Energy to buy it.
The correlation of New Fortress 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 New Fortress moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New Fortress Energy 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 New Fortress 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 New Fortress position
In addition to having New Fortress 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 Non-Metallic and Industrial Metal Mining Thematic Idea Now
Non-Metallic and Industrial Metal Mining
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Non-Metallic and Industrial Metal Mining theme has 61 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 Non-Metallic and Industrial Metal Mining Theme or any other thematic opportunities.
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Check out Correlation Analysis. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
To fully project New Fortress' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of New Fortress Energy 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 New Fortress' income statement, its balance sheet, and the statement of cash flows.