Contact Energy Current Valuation vs. Cash Per Share
| BZB Stock | EUR 4.64 0.12 2.65% |
For Contact Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Contact Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Contact Energy Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Contact Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Contact Energy Limited over time as well as its relative position and ranking within its peers.
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Contact Energy Cash Per Share vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Contact Energy's current stock value. Our valuation model uses many indicators to compare Contact Energy value to that of its competitors to determine the firm's financial worth. Contact Energy Limited is rated fifth in current valuation category among its peers. It is rated below average in cash per share category among its peers . The ratio of Current Valuation to Cash Per Share for Contact Energy Limited is about 83,871,140,260 . 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 Contact Energy's earnings, one of the primary drivers of an investment's value.Contact Current Valuation vs. Competition
Contact Energy Limited is rated fifth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Utilities—Independent Power Producers industry is currently estimated at about 72.48 Billion. Contact Energy holds roughly 4.19 Billion in current valuation claiming about 6% of Utilities—Independent Power Producers industry.
Contact Cash Per Share vs. Current Valuation
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.
Contact Energy |
| = | 4.19 B |
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.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Contact Energy |
| = | 0.05 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Contact Cash Per Share Comparison
Contact Energy is rated below average in cash per share category among its peers.
Contact Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Contact Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Contact Energy will eventually generate negative long term returns. The profitability progress is the general direction of Contact Energy's change in net profit over the period of time. It can combine multiple indicators of Contact Energy, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Contact Energy Limited generates and sells electricity and natural gas in New Zealand. Contact Energy Limited was founded in 1995 and is headquartered in Wellington, New Zealand. CONTACT ENERGY operates under UtilitiesIndependent Power Producers classification in Germany and is traded on Frankfurt Stock Exchange. It employs 821 people.
Contact Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Contact Energy. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Contact Energy position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Contact Energy's important profitability drivers and their relationship over time.
Use Contact Energy in pair-trading
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 Contact 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 Contact Energy will appreciate offsetting losses from the drop in the long position's value.Contact Energy Pair Trading
Contact Energy Limited Pair Trading Analysis
The ability to find closely correlated positions to Contact 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 Contact 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 Contact 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 Contact Energy Limited to buy it.
The correlation of Contact 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 Contact Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Contact 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 Contact 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.Use Investing Themes to Complement your Contact Energy position
In addition to having Contact Energy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Convertibles Funds Thematic Idea Now
Convertibles Funds
Funds or Etfs that invest in debt that is expected to be converted into a predetermined amount of the company equity at some future date. The Convertibles Funds theme has 12 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Convertibles Funds Theme or any other thematic opportunities.
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Other Information on Investing in Contact Stock
To fully project Contact Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Contact Energy at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Contact Energy's income statement, its balance sheet, and the statement of cash flows.