Energy Absolute Shares Outstanding vs. Current Valuation

EA Stock  THB 5.35  0.25  4.90%   
Based on the measurements of profitability obtained from Energy Absolute's financial statements, Energy Absolute Public may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Energy Absolute's ability to earn profits and add value for shareholders.
For Energy Absolute profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Energy Absolute to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Energy Absolute Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Energy Absolute's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Energy Absolute Public over time as well as its relative position and ranking within its peers.
  
Check out Investing Opportunities.
Please note, there is a significant difference between Energy Absolute's value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Absolute is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Absolute's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Energy Absolute Public Current Valuation vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Energy Absolute's current stock value. Our valuation model uses many indicators to compare Energy Absolute value to that of its competitors to determine the firm's financial worth.
Energy Absolute Public is one of the top stocks in shares outstanding category among its peers. It also is rated as one of the top companies in current valuation category among its peers reporting about  109.86  of Current Valuation per Shares Outstanding. 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 Energy Absolute's earnings, one of the primary drivers of an investment's value.

Energy Current Valuation vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Energy Absolute

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
3.73 B
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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.

Energy Absolute

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
409.77 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.

Energy Current Valuation vs Competition

Energy Absolute Public is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Energy industry is currently estimated at about 4.15 Trillion. Energy Absolute holds roughly 409.77 Billion in current valuation claiming about 10% of equities under Energy industry.

Energy Absolute Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Energy Absolute, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Energy Absolute will eventually generate negative long term returns. The profitability progress is the general direction of Energy Absolute's change in net profit over the period of time. It can combine multiple indicators of Energy Absolute, 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.
Energy Absolute Public Company Limited, together with its subsidiaries, produces and distributes biodiesel, purified glycerin, and byproducts in Thailand. Energy Absolute Public Company Limited was incorporated in 2006 and is headquartered in Bangkok, Thailand. ENERGY ABSOLUTE operates under UtilitiesRenewable classification in Thailand and is traded on Stock Exchange of Thailand.

Energy Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Energy Absolute. 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 Energy Absolute 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 Energy Absolute's important profitability drivers and their relationship over time.

Use Energy Absolute 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 Energy Absolute 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 Energy Absolute will appreciate offsetting losses from the drop in the long position's value.

Energy Absolute Pair Trading

Energy Absolute Public Pair Trading Analysis

The ability to find closely correlated positions to Energy Absolute could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Energy Absolute 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 Energy Absolute - 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 Energy Absolute Public to buy it.
The correlation of Energy Absolute 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 Energy Absolute moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Energy Absolute Public 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 Energy Absolute 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

Use Investing Themes to Complement your Energy Absolute position

In addition to having Energy Absolute 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 Aluminum Thematic Idea Now

Aluminum
Aluminum Theme
Companies involved in production of aluminum. The Aluminum theme has 43 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 Aluminum Theme or any other thematic opportunities.
View All  Next Launch

Other Information on Investing in Energy Stock

To fully project Energy Absolute's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Energy Absolute Public 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 Energy Absolute's income statement, its balance sheet, and the statement of cash flows.
Potential Energy Absolute investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Energy Absolute investors may work on each financial statement separately, they are all related. The changes in Energy Absolute's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Energy Absolute's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.