Archrock Enterprise Value over EBITDA from 2010 to 2024
| AROC Stock | USD 19.95 0.45 2.31% |
Enterprise Value Over EBITDA | First Reported 2010-12-31 | Previous Quarter 9.29780001 | Current Value 8.83 | Quarterly Volatility 124.57212054 |
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 Price To Sales Ratio of 2.28, Dividend Yield of 0.0383 or PTB Ratio of 2.59. Archrock financial statements analysis is a perfect complement when working with Archrock Valuation or Volatility modules.
Archrock | Enterprise Value over EBITDA |
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 over EBITDA, 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.
Archrock, Inc., together with its subsidiaries, operates as an energy infrastructure company in the United States. Archrock, Inc. was founded in 1990 and is headquartered in Houston, Texas. Archrock operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 1100 people.
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
| 0.88 | NR | Newpark Resources Financial Report 7th of May 2024 | PairCorr |
| 0.92 | TS | Tenaris SA ADR Earnings Call Tomorrow | PairCorr |
| 0.92 | DNOW | Now Inc Financial Report 2nd of May 2024 | PairCorr |
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.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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Archrock Stock analysis
When running Archrock's price analysis, check to measure Archrock'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 Archrock is operating at the current time. Most of Archrock's value examination focuses on studying past and present price action to predict the probability of Archrock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Archrock's price. Additionally, you may evaluate how the addition of Archrock to your portfolios can decrease your overall portfolio volatility.
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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.