Parex Resources Stock Return On Asset
PXT Stock | CAD 24.20 0.49 0.56% |
Parex Resources fundamentals help investors to digest information that contributes to Parex Resources' financial success or failures. It also enables traders to predict the movement of Parex Stock. The fundamental analysis module provides a way to measure Parex Resources' 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 Parex Resources stock.
Parex |
Parex Return On Asset Analysis
Parex Resources' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Parex Resources Return On Asset | 0.14 |
Most of Parex Resources' fundamental indicators, such as Return On 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, Parex Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition |
Based on the latest financial disclosure, Parex Resources has a Return On Asset of 0.1355. This is 238.75% higher than that of the Oil, Gas & Consumable Fuels sector and 101.86% lower than that of the Energy industry. The return on asset for all Canada stocks is 196.79% lower than that of the firm.
Parex Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Parex Resources' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Parex Resources could also be used in its relative valuation, which is a method of valuing Parex Resources by comparing valuation metrics of similar companies.Parex Resources is currently under evaluation in return on asset category among related companies.
Parex Fundamentals
Return On Equity | 0.25 | |||
Return On Asset | 0.14 | |||
Profit Margin | 0.39 % | |||
Operating Margin | 0.35 % | |||
Current Valuation | 2.16 B | |||
Shares Outstanding | 103.31 M | |||
Shares Owned By Insiders | 1.61 % | |||
Shares Owned By Institutions | 56.83 % | |||
Number Of Shares Shorted | 1.4 M | |||
Price To Earning | 21.98 X | |||
Price To Book | 0.84 X | |||
Price To Sales | 1.90 X | |||
Revenue | 1.41 B | |||
Gross Profit | 1.11 B | |||
EBITDA | 797.55 M | |||
Net Income | 459.31 M | |||
Cash And Equivalents | 419 M | |||
Cash Per Share | 3.50 X | |||
Total Debt | 6.08 M | |||
Debt To Equity | 0 % | |||
Current Ratio | 1.81 X | |||
Book Value Per Share | 18.84 X | |||
Cash Flow From Operations | 376.47 M | |||
Short Ratio | 1.71 X | |||
Earnings Per Share | 5.87 X | |||
Price To Earnings To Growth | 1.96 X | |||
Target Price | 31.67 | |||
Number Of Employees | 449 | |||
Beta | 1.62 | |||
Market Capitalization | 2.22 B | |||
Total Asset | 2.42 B | |||
Retained Earnings | 1.28 B | |||
Working Capital | 79.03 M | |||
Current Asset | 188.85 M | |||
Current Liabilities | 112.14 M | |||
Annual Yield | 0.07 % | |||
Net Asset | 2.42 B | |||
Last Dividend Paid | 1.14 |
About Parex Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Parex Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Parex Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Parex Resources 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.Parex Resources Inc. engages in the exploration, development, production of oil and natural gas in Colombia. The company was incorporated in 2009 and is headquartered in Calgary, Canada. PAREX RESOURCES operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 371 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 Parex Resources 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, Parex Resources' short interest history, or implied volatility extrapolated from Parex Resources options trading.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Parex Resources using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Parex Resources Piotroski F Score and Parex Resources Altman Z Score analysis. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Parex Stock analysis
When running Parex Resources' price analysis, check to measure Parex Resources' 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 Parex Resources is operating at the current time. Most of Parex Resources' value examination focuses on studying past and present price action to predict the probability of Parex Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parex Resources' price. Additionally, you may evaluate how the addition of Parex Resources to your portfolios can decrease your overall portfolio volatility.
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |