CGG SA Financials
| CGG Stock | EUR 0.40 0.01 2.44% |
CGG |
Understanding current and past CGG SA Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of CGG SA's financial statements are interrelated, with each one affecting the others. For example, an increase in CGG SA's assets may result in an increase in income on the income statement.
The data published in CGG SA's official financial statements usually reflect CGG SA's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of CGG SA. For example, before you start analyzing numbers published by CGG accountants, it's critical to develop an understanding of what CGG SA's liquidity, profitability, and earnings quality are in the context of the Energy space in which it operates.
Please note, the presentation of CGG SA's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, CGG SA's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in CGG SA's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of CGG SA. Please utilize our Beneish M Score to check the likelihood of CGG SA's management manipulating its earnings.
CGG SA Stock Summary
CGG SA competes with I2S SA, and Groupe Parot. CGG operates as a geoscience company in North America, the Central and South Americas, Europe, Africa, the Middle East, and the Asia Pacific. CGG was founded in 1931 and is headquartered in Paris, France. CGG operates under Oil Gas Equipment Services classification in France and is traded on Paris Stock Exchange. It employs 5200 people.| Foreign Associate | USA |
| Instrument | France Stock View All |
| Exchange | Euronext Paris |
| ISIN | FR0013181864 |
| Business Address | 27 Avenue Carnot, |
| Sector | Energy |
| Industry | Oil & Gas Equipment & Services |
| Benchmark | NYSE Composite |
| Website | www.cgg.com |
| Phone | 33 1 64 47 30 00 |
| Currency | EUR - Euro |
You should never invest in CGG SA without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of CGG Stock, because this is throwing your money away. Analyzing the key information contained in CGG SA's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
CGG SA Key Financial Ratios
Generally speaking, CGG SA's financial ratios allow both analysts and investors to convert raw data from CGG SA's financial statements into concise, actionable information that can be used to evaluate the performance of CGG SA over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that CGG SA reports annually and quarterly.| Return On Equity | -0.0282 | |||
| Return On Asset | 0.0445 | |||
| Target Price | 1.12 |
CGG Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining CGG SA's current stock value. Our valuation model uses many indicators to compare CGG SA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CGG SA competition to find correlations between indicators driving CGG SA's intrinsic value. More Info.CGG SA is number one stock in return on equity category among related companies. It is number one stock in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value CGG SA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for CGG SA's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 CGG SA's earnings, one of the primary drivers of an investment's value.CGG SA Systematic Risk
CGG SA's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. CGG SA volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was five with a total number of output elements of fifty-six. The Beta measures systematic risk based on how returns on CGG SA correlated with the market. If Beta is less than 0 CGG SA generally moves in the opposite direction as compared to the market. If CGG SA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one CGG SA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of CGG SA is generally in the same direction as the market. If Beta > 1 CGG SA moves generally in the same direction as, but more than the movement of the benchmark.
About CGG SA Financials
What exactly are CGG SA Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include CGG SA's income statement, its balance sheet, and the statement of cash flows. Potential CGG SA investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although CGG SA investors may use each financial statement separately, they are all related. The changes in CGG SA's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on CGG SA'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.Steps to analyze CGG SA Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as CGG SA is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of CGG has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if CGG SA's financials are consistent with your investment objective using the following steps:- Review CGG SA's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand CGG SA's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare CGG SA's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if CGG SA's stock is overvalued or undervalued.
CGG SA May 5, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of CGG SA help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of CGG SA. We use our internally-developed statistical techniques to arrive at the intrinsic value of CGG SA based on widely used predictive technical indicators. In general, we focus on analyzing CGG Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CGG SA's daily price indicators and compare them against related drivers.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 18.9 | |||
| Value At Risk | (4.55) | |||
| Potential Upside | 5.0 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CGG SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the CGG SA information on this page should be used as a complementary analysis to other CGG SA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for CGG Stock analysis
When running CGG SA's price analysis, check to measure CGG SA'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 CGG SA is operating at the current time. Most of CGG SA's value examination focuses on studying past and present price action to predict the probability of CGG SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CGG SA's price. Additionally, you may evaluate how the addition of CGG SA to your portfolios can decrease your overall portfolio volatility.
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