National Refinery Stock Fundamentals
| NRL Stock | 266.68 0.43 0.16% |
National Refinery fundamentals help investors to digest information that contributes to National Refinery's financial success or failures. It also enables traders to predict the movement of National Stock. The fundamental analysis module provides a way to measure National Refinery'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 National Refinery stock.
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National Refinery Company Revenue Analysis
National Refinery's 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.
Current National Refinery Revenue | 251.88 B |
Most of National Refinery's fundamental indicators, such as Revenue, 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, National Refinery is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
Based on the latest financial disclosure, National Refinery reported 251.88 B of revenue. This is much higher than that of the sector and significantly higher than that of the Oil & Gas industry. The revenue for all Pakistan stocks is notably lower than that of the firm.
National Refinery Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining National Refinery's current stock value. Our valuation model uses many indicators to compare National Refinery value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across National Refinery competition to find correlations between indicators driving National Refinery's intrinsic value. More Info.National Refinery is rated top company in revenue category among its peers. It also is considered to be number one stock in ebitda category among its peers totaling about 0.07 of EBITDA per Revenue. The ratio of Revenue to EBITDA for National Refinery is roughly 13.87 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the National Refinery's earnings, one of the primary drivers of an investment's value. National Refinery is rated top company in revenue category among its peers. Market size based on revenue of Oil & Gas industry is now estimated at about 321.9 Billion. National Refinery totals roughly 251.88 Billion in revenue claiming about 78% of all equities under Oil & Gas industry.National Fundamentals
| Revenue | 251.88 B | |||
| EBITDA | 18.16 B | |||
| Net Income | 9.08 B | |||
| Cash Flow From Operations | 2.83 B | |||
| Total Asset | 102.71 B | |||
| Z Score | 2.0 | |||
| Net Asset | 102.71 B |
About National Refinery Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze National Refinery's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of National Refinery using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of National Refinery 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 National Refinery
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 National Refinery 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 National Refinery will appreciate offsetting losses from the drop in the long position's value.Moving together with National Stock
| 0.89 | FFL | Fauji Foods | PairCorr |
| 0.71 | KSBP | KSB Pumps | PairCorr |
| 0.67 | MARI | Mari Petroleum Split | PairCorr |
| 0.92 | LOADS | Loads | PairCorr |
The ability to find closely correlated positions to National Refinery could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace National Refinery 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 National Refinery - 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 National Refinery to buy it.
The correlation of National Refinery 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 National Refinery moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if National Refinery 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 National Refinery 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 National Stock Analysis
When running National Refinery's price analysis, check to measure National Refinery'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 National Refinery is operating at the current time. Most of National Refinery's value examination focuses on studying past and present price action to predict the probability of National Refinery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Refinery's price. Additionally, you may evaluate how the addition of National Refinery to your portfolios can decrease your overall portfolio volatility.