Hellenic Petroleum Sa Stock Retained Earnings
ELPE Stock | EUR 8.57 0.05 0.59% |
Hellenic Petroleum SA fundamentals help investors to digest information that contributes to Hellenic Petroleum's financial success or failures. It also enables traders to predict the movement of Hellenic Stock. The fundamental analysis module provides a way to measure Hellenic Petroleum's 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 Hellenic Petroleum stock.
Hellenic |
Hellenic Retained Earnings Analysis
Hellenic Petroleum's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
More About Retained Earnings | All Equity Analysis
Retained Earnings | = | Beginning RE + Income | - | Dividends |
Current Hellenic Petroleum Retained Earnings | 635 M |
Most of Hellenic Petroleum's fundamental indicators, such as Retained Earnings, 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, Hellenic Petroleum SA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
Competition |
Based on the latest financial disclosure, Hellenic Petroleum SA has a Retained Earnings of 635 M. This is 96.7% lower than that of the Basic Materials sector and significantly higher than that of the Major Integrated Oil & Gas industry. The retained earnings for all Greece stocks is 93.19% higher than that of the company.
Hellenic Retained Earnings Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hellenic Petroleum's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hellenic Petroleum could also be used in its relative valuation, which is a method of valuing Hellenic Petroleum by comparing valuation metrics of similar companies.Hellenic Petroleum is currently under evaluation in retained earnings category among related companies.
Hellenic Fundamentals
Return On Equity | 0.48 | |||
Return On Asset | 0.1 | |||
Profit Margin | 0.09 % | |||
Operating Margin | 0.1 % | |||
Current Valuation | 4.06 B | |||
Shares Outstanding | 305.64 M | |||
Shares Owned By Insiders | 80.94 % | |||
Shares Owned By Institutions | 2.38 % | |||
Price To Earning | 25.34 X | |||
Price To Book | 0.78 X | |||
Price To Sales | 0.17 X | |||
Revenue | 9.22 B | |||
Gross Profit | 875.92 M | |||
EBITDA | 751.89 M | |||
Net Income | 337.44 M | |||
Cash And Equivalents | 1.32 B | |||
Cash Per Share | 4.32 X | |||
Total Debt | 1.52 B | |||
Debt To Equity | 122.50 % | |||
Current Ratio | 1.17 X | |||
Book Value Per Share | 9.63 X | |||
Cash Flow From Operations | 270.37 M | |||
Earnings Per Share | 3.94 X | |||
Target Price | 8.7 | |||
Number Of Employees | 3.48 K | |||
Beta | 0.93 | |||
Market Capitalization | 2.45 B | |||
Total Asset | 7.78 B | |||
Retained Earnings | 635 M | |||
Working Capital | (535 M) | |||
Current Asset | 2.2 B | |||
Current Liabilities | 2.73 B | |||
Z Score | 1.6 | |||
Annual Yield | 0.14 % | |||
Net Asset | 7.78 B | |||
Last Dividend Paid | 0.75 |
About Hellenic Petroleum Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hellenic Petroleum SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hellenic Petroleum using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hellenic Petroleum SA 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.Hellenic Petroleum S.A., together with its subsidiaries, operates in the energy sector primarily in Greece, South Eastern Europe, and the East Mediterranean. Hellenic Petroleum S.A. was founded in 1998 and is headquartered in Maroussi, Greece. HELLENIC PETROLEUM operates under Major Integrated Oil Gas classification in Greece and is traded on Athens Stock Exchange. It employs 3481 people.
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 Hellenic Petroleum 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, Hellenic Petroleum's short interest history, or implied volatility extrapolated from Hellenic Petroleum options trading.
Pair Trading with Hellenic Petroleum
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 Hellenic Petroleum 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 Hellenic Petroleum will appreciate offsetting losses from the drop in the long position's value.Moving together with Hellenic Stock
0.82 | MOH | Motor Oil Corinth | PairCorr |
0.69 | ANDRO | Alpha Trust Andromeda | PairCorr |
Moving against Hellenic Stock
0.7 | MYTIL | Mytilineos SA | PairCorr |
0.46 | OLTH | Thessaloniki Port Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Hellenic Petroleum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hellenic Petroleum 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 Hellenic Petroleum - 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 Hellenic Petroleum SA to buy it.
The correlation of Hellenic Petroleum 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 Hellenic Petroleum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hellenic Petroleum 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 Hellenic Petroleum 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 Hellenic Petroleum Piotroski F Score and Hellenic Petroleum Altman Z Score analysis. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Hellenic Stock analysis
When running Hellenic Petroleum's price analysis, check to measure Hellenic Petroleum'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 Hellenic Petroleum is operating at the current time. Most of Hellenic Petroleum's value examination focuses on studying past and present price action to predict the probability of Hellenic Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hellenic Petroleum's price. Additionally, you may evaluate how the addition of Hellenic Petroleum to your portfolios can decrease your overall portfolio volatility.
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