Tourmaline Oil Corp Stock Current Valuation
| TOU Stock | CAD 66.08 0.09 0.14% |
Valuation analysis of Tourmaline Oil Corp helps investors to measure Tourmaline Oil's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. As of the 30th of November 2024, Enterprise Value is likely to grow to about 22.5 B, while Enterprise Value Over EBITDA is likely to drop 5.78. Fundamental drivers impacting Tourmaline Oil's valuation include:
Price Book 1.7354 | Enterprise Value 24.9 B | Enterprise Value Ebitda 6.8722 | Price Sales 5.479 | Forward PE 12.3305 |
Overvalued
Today
Please note that Tourmaline Oil's price fluctuation is very steady at this time. Calculation of the real value of Tourmaline Oil Corp is based on 3 months time horizon. Increasing Tourmaline Oil's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Tourmaline Oil is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Tourmaline Stock. However, Tourmaline Oil'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 66.08 | Real 54.04 | Hype 65.84 | Naive 66.05 |
The intrinsic value of Tourmaline Oil'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 Tourmaline Oil'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 Tourmaline Oil Corp helps investors to forecast how Tourmaline 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 Tourmaline Oil more accurately as focusing exclusively on Tourmaline Oil's fundamentals will not take into account other important factors: Tourmaline Oil Corp Company Current Valuation Analysis
Tourmaline Oil'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 Tourmaline Oil Current Valuation | 24.92 B |
Most of Tourmaline Oil'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, Tourmaline Oil Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Tourmaline Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Tourmaline Oil is extremely important. It helps to project a fair market value of Tourmaline Stock properly, considering its historical fundamentals such as Current Valuation. Since Tourmaline Oil'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 Tourmaline Oil'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 Tourmaline Oil's interrelated accounts and indicators.
Click cells to compare fundamentals
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, Tourmaline Oil Corp has a Current Valuation of 24.92 B. This is 36.12% lower than that of the Oil, Gas & Consumable Fuels sector and 171.04% higher than that of the Energy industry. The current valuation for all Canada stocks is 49.9% lower than that of the firm.
Tourmaline Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tourmaline Oil's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tourmaline Oil could also be used in its relative valuation, which is a method of valuing Tourmaline Oil by comparing valuation metrics of similar companies.Tourmaline Oil is currently under evaluation in current valuation category among its peers.
Tourmaline Oil Current Valuation Drivers
We derive many important indicators used in calculating different scores of Tourmaline Oil from analyzing Tourmaline Oil's financial statements. These drivers represent accounts that assess Tourmaline Oil's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Tourmaline Oil's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 4.1B | 4.7B | 12.7B | 22.9B | 20.3B | 21.3B | |
| Enterprise Value | 5.8B | 6.4B | 13.6B | 23.6B | 21.4B | 22.5B |
Tourmaline Oil ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Tourmaline Oil's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Tourmaline Oil's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Tourmaline Fundamentals
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0625 | ||||
| Profit Margin | 0.35 % | ||||
| Operating Margin | 0.53 % | ||||
| Current Valuation | 24.92 B | ||||
| Shares Outstanding | 371.51 M | ||||
| Shares Owned By Insiders | 5.13 % | ||||
| Shares Owned By Institutions | 47.70 % | ||||
| Number Of Shares Shorted | 6.03 M | ||||
| Price To Earning | 35.45 X | ||||
| Price To Book | 1.74 X | ||||
| Price To Sales | 5.48 X | ||||
| Revenue | 5.65 B | ||||
| Gross Profit | 5.37 B | ||||
| EBITDA | 3.53 B | ||||
| Net Income | 1.74 B | ||||
| Cash Per Share | 0.06 X | ||||
| Total Debt | 1.13 B | ||||
| Debt To Equity | 0.04 % | ||||
| Current Ratio | 0.62 X | ||||
| Book Value Per Share | 40.07 X | ||||
| Cash Flow From Operations | 4.41 B | ||||
| Short Ratio | 2.34 X | ||||
| Earnings Per Share | 4.43 X | ||||
| Price To Earnings To Growth | 0.24 X | ||||
| Target Price | 77.53 | ||||
| Number Of Employees | 389 | ||||
| Beta | 1.28 | ||||
| Market Capitalization | 24.55 B | ||||
| Total Asset | 20.48 B | ||||
| Retained Earnings | 5.18 B | ||||
| Working Capital | (298.28 M) | ||||
| Current Asset | 230.07 M | ||||
| Current Liabilities | 477.46 M | ||||
| Annual Yield | 0.02 % | ||||
| Net Asset | 20.48 B | ||||
| Last Dividend Paid | 1.25 |
About Tourmaline Oil Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tourmaline Oil Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tourmaline Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tourmaline Oil Corp 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 Tourmaline Oil
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 Tourmaline Oil 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 Tourmaline Oil will appreciate offsetting losses from the drop in the long position's value.Moving together with Tourmaline Stock
| 0.79 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.64 | ENB-PFC | Enbridge Pref 11 | PairCorr |
| 0.65 | ENB-PFU | Enbridge Pref L | PairCorr |
| 0.68 | ENS | E Split Corp | PairCorr |
| 0.7 | ENS-PA | E Split Corp | PairCorr |
Moving against Tourmaline Stock
The ability to find closely correlated positions to Tourmaline Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tourmaline Oil 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 Tourmaline Oil - 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 Tourmaline Oil Corp to buy it.
The correlation of Tourmaline Oil 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 Tourmaline Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tourmaline Oil Corp 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 Tourmaline Oil 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 Tourmaline Stock
Tourmaline Oil financial ratios help investors to determine whether Tourmaline 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 Tourmaline with respect to the benefits of owning Tourmaline Oil security.