Nextera Energy Preferred Stock Current Valuation
| NEE-PR Preferred Stock | USD 43.41 0.62 1.41% |
Valuation analysis of Nextera Energy helps investors to measure Nextera Energy's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that Nextera Energy's price fluctuation is very steady at this time. Calculation of the real value of Nextera Energy is based on 3 months time horizon. Increasing Nextera Energy's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Nextera preferred stock is determined by what a typical buyer is willing to pay for full or partial control of Nextera Energy. Since Nextera Energy is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nextera Preferred Stock. However, Nextera Energy's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 43.41 | Real 40.22 | Hype 43.41 | Naive 44.96 |
The intrinsic value of Nextera Energy's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Nextera Energy's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Nextera Energy helps investors to forecast how Nextera preferred stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Nextera Energy more accurately as focusing exclusively on Nextera Energy's fundamentals will not take into account other important factors: Nextera Energy Company Current Valuation Analysis
Nextera Energy's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Nextera Energy Current Valuation | 76.32 B |
Most of Nextera Energy's fundamental indicators, such as Current Valuation, 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, Nextera Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Nextera Energy has a Current Valuation of 76.32 B. This is much higher than that of the Utilities sector and 127.26% higher than that of the Utilities - Regulated Electric industry. The current valuation for all United States preferred stocks is significantly lower than that of the firm.
Nextera Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nextera Energy's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of Nextera Energy could also be used in its relative valuation, which is a method of valuing Nextera Energy by comparing valuation metrics of similar companies.Nextera Energy is currently under evaluation in current valuation category among its peers.
Nextera Fundamentals
| Return On Equity | 8.04 | ||||
| Return On Asset | 2.89 | ||||
| Profit Margin | 18.71 % | ||||
| Operating Margin | 26.65 % | ||||
| Current Valuation | 76.32 B | ||||
| Shares Outstanding | 477.94 M | ||||
| Price To Earning | 9.49 X | ||||
| Price To Book | 0.91 X | ||||
| Price To Sales | 5.56 X | ||||
| Revenue | 17.85 B | ||||
| Gross Profit | 9.66 B | ||||
| EBITDA | 9.21 B | ||||
| Net Income | 3.34 B | ||||
| Cash And Equivalents | 1.02 B | ||||
| Cash Per Share | 2.13 X | ||||
| Total Debt | 41.72 B | ||||
| Debt To Equity | 108.30 % | ||||
| Current Ratio | 0.52 X | ||||
| Book Value Per Share | 72.86 X | ||||
| Cash Flow From Operations | 6.94 B | ||||
| Earnings Per Share | 6.96 X | ||||
| Number Of Employees | 14.3 K | ||||
| Beta | 0.25 | ||||
| Market Capitalization | 99.16 B | ||||
| Z Score | 1.2 |
About Nextera Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nextera Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nextera Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nextera Energy 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 Nextera Energy
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 Nextera Energy 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 Nextera Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Nextera Preferred Stock
| 0.88 | ED | Consolidated Edison | PairCorr |
| 0.85 | ES | Eversource Energy | PairCorr |
| 0.83 | FE | FirstEnergy Sell-off Trend | PairCorr |
Moving against Nextera Preferred Stock
| 0.76 | IDA | IDACORP | PairCorr |
| 0.73 | EDN | Empresa Distribuidora | PairCorr |
| 0.68 | ETR | Entergy | PairCorr |
| 0.49 | AEE | Ameren Corp | PairCorr |
| 0.4 | CNP | CenterPoint Energy Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Nextera Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nextera Energy 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 Nextera Energy - 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 Nextera Energy to buy it.
The correlation of Nextera Energy 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 Nextera Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nextera 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 Nextera Energy 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.Additional Tools for Nextera Preferred Stock Analysis
When running Nextera Energy's price analysis, check to measure Nextera Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nextera Energy is operating at the current time. Most of Nextera Energy's value examination focuses on studying past and present price action to predict the probability of Nextera Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextera Energy's price. Additionally, you may evaluate how the addition of Nextera Energy to your portfolios can decrease your overall portfolio volatility.