Enterprise Group Stock Price To Earning

E Stock  CAD 1.89  0.01  0.53%   
Enterprise Group fundamentals help investors to digest information that contributes to Eni SPA's financial success or failures. It also enables traders to predict the movement of Eni Stock. The fundamental analysis module provides a way to measure Eni SPA's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Eni SPA stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Enterprise Group Company Price To Earning Analysis

Eni SPA's 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.

P/E

 = 

Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current Eni SPA Price To Earning

    
  52.86 X  
Most of Eni SPA's 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, Enterprise Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Eni Price To Earning Driver Correlations

Understanding the fundamental principles of building solid financial models for Eni SPA is extremely important. It helps to project a fair market value of Eni Stock properly, considering its historical fundamentals such as Price To Earning. Since Eni SPA's 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 Eni SPA's 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 Eni SPA's interrelated accounts and indicators.
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.
Competition

Eni Retained Earnings

Retained Earnings

(42.45 Million)

Eni SPA reported last year Retained Earnings of (44.68 Million)
Based on the latest financial disclosure, Enterprise Group has a Price To Earning of 52 times. This is 167.1% higher than that of the Energy Equipment & Services sector and 120.89% higher than that of the Energy industry. The price to earning for all Canada stocks is 84.05% lower than that of the firm.

Eni Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eni SPA's 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 Eni SPA could also be used in its relative valuation, which is a method of valuing Eni SPA by comparing valuation metrics of similar companies.
Eni SPA is currently under evaluation in price to earning category among its peers.

Eni SPA Current Valuation Drivers

We derive many important indicators used in calculating different scores of Eni SPA from analyzing Eni SPA's financial statements. These drivers represent accounts that assess Eni SPA's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Eni SPA's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap10.9M11.0M15.1M19.2M17.2M13.2M
Enterprise Value23.2M24.0M29.0M33.6M30.2M24.5M

Eni Fundamentals

About Eni SPA Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Enterprise Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eni SPA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enterprise Group 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 Eni SPA

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 Eni SPA 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 Eni SPA will appreciate offsetting losses from the drop in the long position's value.

Moving together with Eni Stock

  0.64ENB-PFV Enbridge Pref 5PairCorr
  0.61ENB-PFC Enbridge Pref 11PairCorr
  0.61ENS E Split CorpPairCorr
  0.71ENS-PA E Split CorpPairCorr

Moving against Eni Stock

  0.41MAC Themac ResourcesPairCorr
  0.32TKU Tarku ResourcesPairCorr
The ability to find closely correlated positions to Eni SPA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eni SPA 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 Eni SPA - 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 Enterprise Group to buy it.
The correlation of Eni SPA 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 Eni SPA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enterprise Group 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 Eni SPA 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Eni Stock

Eni SPA financial ratios help investors to determine whether Eni 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 Eni with respect to the benefits of owning Eni SPA security.