Enerflex Stock Book Value Per Share
| EFX Stock | CAD 19.72 0.52 2.71% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Enerflex's long-term financial health and intrinsic value.
Enerflex |
Enerflex Company Book Value Per Share Analysis
Enerflex's 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.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
Current Enerflex Book Value Per Share | 9.46 X |
Most of Enerflex's fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Enerflex is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
In accordance with the recently published financial statements, the book value per share of Enerflex is about 9.464 times. This is 60.83% lower than that of the Energy Equipment & Services sector and 12.61% lower than that of the Energy industry. The book value per share for all Canada stocks is 99.51% higher than that of the company.
Enerflex Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Enerflex's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Enerflex could also be used in its relative valuation, which is a method of valuing Enerflex by comparing valuation metrics of similar companies.Enerflex is currently under evaluation in book value per share category among its peers.
Enerflex Fundamentals
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0644 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.13 % | ||||
| Current Valuation | 3.24 B | ||||
| Shares Outstanding | 121.8 M | ||||
| Shares Owned By Insiders | 0.48 % | ||||
| Shares Owned By Institutions | 73.32 % | ||||
| Number Of Shares Shorted | 2.62 M | ||||
| Price To Earning | 3.17 X | ||||
| Price To Book | 1.43 X | ||||
| Price To Sales | 0.94 X | ||||
| Revenue | 2.41 B | ||||
| Gross Profit | 579 M | ||||
| EBITDA | 369 M | ||||
| Net Income | 32 M | ||||
| Cash And Equivalents | 92 M | ||||
| Cash Per Share | 0.88 X | ||||
| Total Debt | 1.12 B | ||||
| Debt To Equity | 0.37 % | ||||
| Current Ratio | 1.98 X | ||||
| Book Value Per Share | 9.46 X | ||||
| Cash Flow From Operations | 324 M | ||||
| Short Ratio | 6.42 X | ||||
| Earnings Per Share | 1.54 X | ||||
| Target Price | 23.07 | ||||
| Number Of Employees | 4.6 K | ||||
| Beta | 2.03 | ||||
| Market Capitalization | 2.31 B | ||||
| Total Asset | 4.01 B | ||||
| Retained Earnings | 80 M | ||||
| Working Capital | 130 M | ||||
| Current Asset | 708.07 M | ||||
| Current Liabilities | 468.88 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 3.11 % | ||||
| Net Asset | 4.01 B | ||||
| Last Dividend Paid | 0.11 |
About Enerflex Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Enerflex's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Enerflex using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enerflex based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Enerflex
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 Enerflex 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 Enerflex will appreciate offsetting losses from the drop in the long position's value.Moving together with Enerflex Stock
Moving against Enerflex Stock
| 0.83 | SAGE | Sage Potash Corp | PairCorr |
| 0.64 | UNH | UnitedHealth Group CDR | PairCorr |
| 0.63 | ENS-PA | E Split Corp | PairCorr |
| 0.52 | GSTM | Goldstorm Metals Corp | PairCorr |
| 0.35 | ENB-PFU | Enbridge Pref L | PairCorr |
The ability to find closely correlated positions to Enerflex could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enerflex 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 Enerflex - 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 Enerflex to buy it.
The correlation of Enerflex 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 Enerflex moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enerflex 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 Enerflex 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enerflex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. To learn how to invest in Enerflex Stock, please use our How to Invest in Enerflex guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.