Strathcona Resources Stock Price To Earning
| SCR Stock | CAD 40.50 1.78 4.60% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Strathcona Resources' long-term financial health and intrinsic value.
Strathcona | Price To Earning |
Strathcona Resources Company Price To Earning Analysis
Strathcona Resources' 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.
Current Strathcona Resources Price To Earning | 87.50 X |
Most of Strathcona Resources' fundamental indicators, such as Price To Earning, 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, Strathcona Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Strathcona Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for Strathcona Resources is extremely important. It helps to project a fair market value of Strathcona Stock properly, considering its historical fundamentals such as Price To Earning. Since Strathcona Resources' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Strathcona Resources' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Strathcona Resources' interrelated accounts and indicators.
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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.
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Strathcona Retained Earnings
Retained Earnings |
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Based on the latest financial disclosure, Strathcona Resources has a Price To Earning of 87 times. This is 2.39% higher than that of the Communication Services sector and significantly higher than that of the Electronic Gaming & Multimedia industry. The price to earning for all Canada stocks is notably lower than that of the firm.
Strathcona Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Strathcona Resources' direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Strathcona Resources could also be used in its relative valuation, which is a method of valuing Strathcona Resources by comparing valuation metrics of similar companies.Strathcona Resources is currently under evaluation in price to earning category among its peers.
Strathcona Resources Current Valuation Drivers
We derive many important indicators used in calculating different scores of Strathcona Resources from analyzing Strathcona Resources' financial statements. These drivers represent accounts that assess Strathcona Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Strathcona Resources' important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 567.8M | 363.5M | 1.1B | 642.1M | 577.9M | 619.6M | |
| Enterprise Value | 756.1M | 623.3M | 1.4B | 3.9B | 3.5B | 3.7B |
Strathcona Fundamentals
| Return On Equity | 0.096 | ||||
| Return On Asset | 0.0578 | ||||
| Profit Margin | 0.25 % | ||||
| Operating Margin | 0.26 % | ||||
| Current Valuation | 10.38 B | ||||
| Shares Outstanding | 214.24 M | ||||
| Shares Owned By Insiders | 1.91 % | ||||
| Shares Owned By Institutions | 80.30 % | ||||
| Number Of Shares Shorted | 378.63 K | ||||
| Price To Earning | 87.50 X | ||||
| Price To Book | 1.31 X | ||||
| Price To Sales | 1.89 X | ||||
| Revenue | 4.75 B | ||||
| Gross Profit | 1.93 B | ||||
| EBITDA | 1.91 B | ||||
| Net Income | 603.7 M | ||||
| Cash And Equivalents | 44.72 M | ||||
| Cash Per Share | 1.03 X | ||||
| Total Debt | 5.15 B | ||||
| Debt To Equity | 0.76 % | ||||
| Current Ratio | 3.09 X | ||||
| Book Value Per Share | 31.02 X | ||||
| Cash Flow From Operations | 1.99 B | ||||
| Short Ratio | 4.90 X | ||||
| Earnings Per Share | 2.81 X | ||||
| Price To Earnings To Growth | (0.88) X | ||||
| Target Price | 37.78 | ||||
| Beta | 0.25 | ||||
| Market Capitalization | 8.3 B | ||||
| Total Asset | 10.98 B | ||||
| Retained Earnings | 2.18 B | ||||
| Working Capital | (619.4 M) | ||||
| Annual Yield | 0.03 % | ||||
| Net Asset | 10.98 B | ||||
| Last Dividend Paid | 0.25 |
About Strathcona Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Strathcona Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Strathcona Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Strathcona Resources 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 Strathcona Resources
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 Strathcona Resources 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 Strathcona Resources will appreciate offsetting losses from the drop in the long position's value.Moving against Strathcona Stock
| 0.55 | BRAG | Bragg Gaming Group Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Strathcona Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Strathcona Resources 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 Strathcona Resources - 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 Strathcona Resources to buy it.
The correlation of Strathcona Resources 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 Strathcona Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Strathcona Resources 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 Strathcona Resources 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.Other Information on Investing in Strathcona Stock
Strathcona Resources financial ratios help investors to determine whether Strathcona Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Strathcona with respect to the benefits of owning Strathcona Resources security.