Archrock Enterprise Value Multiple from 2010 to 2024

AROC Stock  USD 19.67  0.33  1.71%   
Archrock's Enterprise Value Multiple is decreasing over the years with slightly volatile fluctuation. Enterprise Value Multiple is expected to dwindle to 8.83. During the period from 2010 to 2024 Archrock Enterprise Value Multiple annual values regression line had geometric mean of  16.97 and mean square error of  13,611. View All Fundamentals
 
Enterprise Value Multiple  
First Reported
2010-12-31
Previous Quarter
9.29780001
Current Value
8.83
Quarterly Volatility
124.57212054
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Archrock financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Archrock main balance sheet or income statement drivers, such as Depreciation And Amortization of 225.1 M, Interest Expense of 111.7 M or Selling General Administrative of 195.4 M, as well as many exotic indicators such as Short Term Coverage Ratios of 93.25, Price Earnings Ratio of 23.74 or Price To Sales Ratio of 2.28. Archrock financial statements analysis is a perfect complement when working with Archrock Valuation or Volatility modules.
  
This module can also supplement Archrock's financial leverage analysis and stock options assessment as well as various Archrock Technical models . Check out the analysis of Archrock Correlation against competitors.
For information on how to trade Archrock Stock refer to our How to Trade Archrock Stock guide.

Latest Archrock's Enterprise Value Multiple Growth Pattern

Below is the plot of the Enterprise Value Multiple of Archrock over the last few years. It is Archrock's Enterprise Value Multiple historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Archrock's overall financial position and show how it may be relating to other accounts over time.
Enterprise Value Multiple10 Years Trend
Slightly volatile
   Enterprise Value Multiple   
       Timeline  

Archrock Enterprise Value Multiple Regression Statistics

Arithmetic Mean46.40
Geometric Mean16.97
Coefficient Of Variation268.46
Mean Deviation59.99
Median14.79
Standard Deviation124.57
Sample Variance15,518
Range490
R-Value(0.43)
Mean Square Error13,611
R-Squared0.19
Significance0.11
Slope(12.00)
Total Sum of Squares217,255

Archrock Enterprise Value Multiple History

2024 8.83
2023 9.3
2022 20.58
2021 18.99
2020 14.99
2019 15.89
2018 13.83

About Archrock Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Archrock income statement, its balance sheet, and the statement of cash flows. Archrock investors use historical funamental indicators, such as Archrock's Enterprise Value Multiple, to determine how well the company is positioned to perform in the future. Although Archrock investors may use each financial statement separately, they are all related. The changes in Archrock's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Archrock'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. We offer a historical overview of the basic patterns found on Archrock Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Archrock. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Enterprise Value Multiple 9.30  8.83 

Pair Trading with Archrock

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 Archrock 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 Archrock will appreciate offsetting losses from the drop in the long position's value.

Moving together with Archrock Stock

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The ability to find closely correlated positions to Archrock could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Archrock 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 Archrock - 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 Archrock to buy it.
The correlation of Archrock 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 Archrock moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Archrock 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 Archrock 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.
Pair CorrelationCorrelation Matching
When determining whether Archrock offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Archrock's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Archrock Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Archrock Stock:
Check out the analysis of Archrock Correlation against competitors.
For information on how to trade Archrock Stock refer to our How to Trade Archrock Stock guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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Is Archrock's 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 Archrock. If investors know Archrock 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 Archrock 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
2.18
Dividend Share
0.625
Earnings Share
0.67
Revenue Per Share
6.426
Quarterly Revenue Growth
0.186
The market value of Archrock is measured differently than its book value, which is the value of Archrock that is recorded on the company's balance sheet. Investors also form their own opinion of Archrock's value that differs from its market value or its book value, called intrinsic value, which is Archrock's 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 Archrock's market value can be influenced by many factors that don't directly affect Archrock's 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 Archrock's value and its price as these two are different measures arrived at by different means. Investors typically determine if Archrock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Archrock's 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.