Oil States Return On Equity vs. Price To Earning
| OIS Stock | USD 5.28 0.04 0.76% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.01816798 | Current Value 0.0244 | Quarterly Volatility 0.19501293 |
For Oil States profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Oil States to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Oil States International utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Oil States's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Oil States International over time as well as its relative position and ranking within its peers.
Oil |
Oil States' Revenue Breakdown by Earning Segment
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Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Oil States. If investors know Oil will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Oil States listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.296 | Earnings Share (0.33) | Revenue Per Share 11.801 | Quarterly Revenue Growth (0.10) | Return On Assets 0.0127 |
The market value of Oil States International is measured differently than its book value, which is the value of Oil that is recorded on the company's balance sheet. Investors also form their own opinion of Oil States' value that differs from its market value or its book value, called intrinsic value, which is Oil States' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Oil States' market value can be influenced by many factors that don't directly affect Oil States' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Oil States' value and its price as these two are different measures arrived at by different means. Investors typically determine if Oil States is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oil States' 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.
Oil States International Price To Earning vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Oil States's current stock value. Our valuation model uses many indicators to compare Oil States value to that of its competitors to determine the firm's financial worth. Oil States International is rated below average in return on equity category among its peers. It is rated below average in price to earning category among its peers . At this time, Oil States' Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Oil States by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Oil Price To Earning vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Oil States |
| = | -0.0296 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Oil States |
| = | (20.29) X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Oil Price To Earning Comparison
Oil States is currently under evaluation in price to earning category among its peers.
Oil States Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Oil States, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Oil States will eventually generate negative long term returns. The profitability progress is the general direction of Oil States' change in net profit over the period of time. It can combine multiple indicators of Oil States, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -70 M | -66.5 M | |
| Operating Income | 23.2 M | 22 M | |
| Income Before Tax | 15.8 M | 15 M | |
| Total Other Income Expense Net | -7.3 M | -7.7 M | |
| Net Income | 12.9 M | 12.2 M | |
| Income Tax Expense | 2.9 M | 2.8 M | |
| Net Loss | -8.6 M | -8.2 M | |
| Net Income From Continuing Ops | 12.9 M | 12.2 M | |
| Non Operating Income Net Other | 4.1 M | 4.4 M | |
| Interest Income | 1.4 M | 1.3 M | |
| Net Interest Income | -8.2 M | -8.6 M | |
| Change To Netincome | 9.1 M | 8.6 M | |
| Net Income Per Share | 0.21 | 0.20 | |
| Income Quality | 4.39 | 4.61 | |
| Net Income Per E B T | 0.81 | 0.66 |
Oil Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Oil States. 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 Oil States 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 Oil States' important profitability drivers and their relationship over time.
Use Oil States 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 Oil States 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 Oil States will appreciate offsetting losses from the drop in the long position's value.Oil States Pair Trading
Oil States International Pair Trading Analysis
The ability to find closely correlated positions to Oil States could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Oil States 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 Oil States - 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 Oil States International to buy it.
The correlation of Oil States 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 Oil States moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Oil States International 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 Oil States 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 Oil States position
In addition to having Oil States 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?
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Macroaxis Index
An experimental equal-weighted index theme of selected equities generated based on Macroaxis rating and scoring system. The Macroaxis Index theme has 52 constituents at this time.
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Additional Tools for Oil Stock Analysis
When running Oil States' price analysis, check to measure Oil States' 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 Oil States is operating at the current time. Most of Oil States' value examination focuses on studying past and present price action to predict the probability of Oil States' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oil States' price. Additionally, you may evaluate how the addition of Oil States to your portfolios can decrease your overall portfolio volatility.