Dxp Enterprises Stock Total Asset
DXPE Stock | USD 51.56 1.51 3.02% |
DXP Enterprises fundamentals help investors to digest information that contributes to DXP Enterprises' financial success or failures. It also enables traders to predict the movement of DXP Stock. The fundamental analysis module provides a way to measure DXP Enterprises' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to DXP Enterprises stock.
Last Reported | Projected for Next Year | ||
Total Assets | 1.2 B | 1.2 B | |
Intangibles To Total Assets | 0.35 | 0.23 |
DXP | Total Asset |
DXP Enterprises Company Total Asset Analysis
DXP Enterprises' Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current DXP Enterprises Total Asset | 1.18 B |
Most of DXP Enterprises' fundamental indicators, such as Total Asset, 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, DXP Enterprises is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
DXP Total Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for DXP Enterprises is extremely important. It helps to project a fair market value of DXP Stock properly, considering its historical fundamentals such as Total Asset. Since DXP Enterprises' 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 DXP Enterprises' 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 DXP Enterprises' interrelated accounts and indicators.
Click cells to compare fundamentals
DXP Total Asset Historical Pattern
Today, most investors in DXP Enterprises Stock are looking for potential investment opportunities by analyzing not only static indicators but also various DXP Enterprises' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of DXP Enterprises total asset as a starting point in their analysis.
DXP Enterprises Total Asset |
Timeline |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition |
DXP Total Assets
Total Assets |
|
Based on the latest financial disclosure, DXP Enterprises has a Total Asset of 1.18 B. This is 70.6% lower than that of the Trading Companies & Distributors sector and 48.81% lower than that of the Industrials industry. The total asset for all United States stocks is 96.0% higher than that of the company.
DXP Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses DXP Enterprises' direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of DXP Enterprises could also be used in its relative valuation, which is a method of valuing DXP Enterprises by comparing valuation metrics of similar companies.DXP Enterprises is currently under evaluation in total asset category among related companies.
DXP Enterprises Institutional Holders
Institutional Holdings refers to the ownership stake in DXP Enterprises that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of DXP Enterprises' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing DXP Enterprises' value.Shares | Charles Schwab Investment Management Inc | 2023-12-31 | 234.5 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 234.4 K | King Luther Capital Management Corp | 2023-12-31 | 219 K | Millennium Management Llc | 2023-12-31 | 204.4 K | Ameriprise Financial Inc | 2023-12-31 | 178 K | Nuveen Asset Management, Llc | 2023-12-31 | 143 K | Acadian Asset Management Llc | 2023-12-31 | 135.7 K | Bank Of New York Mellon Corp | 2023-12-31 | 131.5 K | Jpmorgan Chase & Co | 2023-12-31 | 116.4 K | Blackrock Inc | 2023-12-31 | 2.2 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 1.1 M |
DXP Fundamentals
Return On Equity | 0.18 | ||||
Return On Asset | 0.0786 | ||||
Profit Margin | 0.04 % | ||||
Operating Margin | 0.07 % | ||||
Current Valuation | 1.25 B | ||||
Shares Outstanding | 16.18 M | ||||
Shares Owned By Insiders | 18.32 % | ||||
Shares Owned By Institutions | 71.41 % | ||||
Number Of Shares Shorted | 623.17 K | ||||
Price To Earning | 44.59 X | ||||
Price To Book | 2.30 X | ||||
Price To Sales | 0.52 X | ||||
Revenue | 1.68 B | ||||
Gross Profit | 422.04 M | ||||
EBITDA | 165.98 M | ||||
Net Income | 68.81 M | ||||
Cash And Equivalents | 20.57 M | ||||
Cash Per Share | 1.09 X | ||||
Total Debt | 587.88 M | ||||
Debt To Equity | 1.08 % | ||||
Current Ratio | 1.91 X | ||||
Book Value Per Share | 23.54 X | ||||
Cash Flow From Operations | 106.22 M | ||||
Short Ratio | 5.05 X | ||||
Earnings Per Share | 3.89 X | ||||
Price To Earnings To Growth | 2.10 X | ||||
Target Price | 65.0 | ||||
Number Of Employees | 2.84 K | ||||
Beta | 1.72 | ||||
Market Capitalization | 834.26 M | ||||
Total Asset | 1.18 B | ||||
Retained Earnings | 319.27 M | ||||
Working Capital | 424.39 M | ||||
Current Asset | 303.96 M | ||||
Current Liabilities | 180.12 M | ||||
Net Asset | 1.18 B |
About DXP Enterprises Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze DXP Enterprises's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DXP Enterprises using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of DXP Enterprises 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards DXP Enterprises in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, DXP Enterprises' short interest history, or implied volatility extrapolated from DXP Enterprises options trading.
Pair Trading with DXP Enterprises
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 DXP Enterprises 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 DXP Enterprises will appreciate offsetting losses from the drop in the long position's value.Moving together with DXP Stock
0.78 | FERG | Ferguson Plc Financial Report 4th of June 2024 | PairCorr |
0.68 | AIT | Applied Industrial Earnings Call Tomorrow | PairCorr |
Moving against DXP Stock
0.88 | BA | Boeing Earnings Call Today | PairCorr |
0.82 | AZ | A2Z Smart Technologies | PairCorr |
0.8 | TITN | Titan Machinery Financial Report 23rd of May 2024 | PairCorr |
0.61 | MSM | MSC Industrial Direct Financial Report 4th of July 2024 | PairCorr |
0.52 | AP | Ampco Pittsburgh | PairCorr |
The ability to find closely correlated positions to DXP Enterprises could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DXP Enterprises 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 DXP Enterprises - 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 DXP Enterprises to buy it.
The correlation of DXP Enterprises 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 DXP Enterprises moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DXP Enterprises 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 DXP Enterprises 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.Check out DXP Enterprises Piotroski F Score and DXP Enterprises Altman Z Score analysis. For information on how to trade DXP Stock refer to our How to Trade DXP Stock guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for DXP Stock analysis
When running DXP Enterprises' price analysis, check to measure DXP Enterprises' 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 DXP Enterprises is operating at the current time. Most of DXP Enterprises' value examination focuses on studying past and present price action to predict the probability of DXP Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DXP Enterprises' price. Additionally, you may evaluate how the addition of DXP Enterprises to your portfolios can decrease your overall portfolio volatility.
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation |
Is DXP Enterprises' industry 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 DXP Enterprises. If investors know DXP 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 DXP Enterprises 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 1.535 | Earnings Share 3.89 | Revenue Per Share 99.502 | Quarterly Revenue Growth 0.002 | Return On Assets 0.0786 |
The market value of DXP Enterprises is measured differently than its book value, which is the value of DXP that is recorded on the company's balance sheet. Investors also form their own opinion of DXP Enterprises' value that differs from its market value or its book value, called intrinsic value, which is DXP Enterprises' 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 DXP Enterprises' market value can be influenced by many factors that don't directly affect DXP Enterprises' 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 DXP Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if DXP Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DXP Enterprises' 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.