Antero Midstream Partners Stock Fundamentals
AM Stock | USD 14.06 0.17 1.22% |
Antero Midstream Partners fundamentals help investors to digest information that contributes to Antero Midstream's financial success or failures. It also enables traders to predict the movement of Antero Stock. The fundamental analysis module provides a way to measure Antero Midstream'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 Antero Midstream stock.
At this time, Antero Midstream's Net Income is very stable compared to the past year. As of the 29th of March 2024, Income Tax Expense is likely to grow to about 134.7 M, while Cost Of Revenue is likely to drop about 230.8 M. Antero | Select Account or Indicator |
Antero Current Valuation Analysis
Antero Midstream's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
More About Current Valuation | All Equity Analysis
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 149.9M | 608.0M | 692.4M | 727.0M | Cost Of Revenue | 84.3M | 382.7M | 420.1M | 230.8M |
Enterprise Value | = | Market Cap + Debt | - | Cash |
Current Antero Midstream Current Valuation | 9.92 B |
Most of Antero Midstream's fundamental indicators, such as Current Valuation, 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, Antero Midstream Partners is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition |
In accordance with the recently published financial statements, Antero Midstream Partners has a Current Valuation of 9.92 B. This is 74.57% lower than that of the Oil, Gas & Consumable Fuels sector and 64.74% lower than that of the Energy industry. The current valuation for all United States stocks is 40.32% higher than that of the company.
Antero Midstream Partners Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Antero Midstream's current stock value. Our valuation model uses many indicators to compare Antero Midstream value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Antero Midstream competition to find correlations between indicators driving Antero Midstream's intrinsic value. More Info.Antero Midstream Partners is rated third in short ratio category among related companies. It is rated below average in book value per share category among related companies creating about 1.08 of Book Value Per Share per Short Ratio. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Antero Midstream by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Antero Midstream's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Antero Midstream's earnings, one of the primary drivers of an investment's value.Antero Current Liabilities Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Antero Midstream's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Antero Midstream could also be used in its relative valuation, which is a method of valuing Antero Midstream by comparing valuation metrics of similar companies.Antero Midstream is currently under evaluation in current liabilities category among related companies.
Antero Fundamentals
Return On Equity | 0.17 | |||
Return On Asset | 0.067 | |||
Profit Margin | 0.33 % | |||
Operating Margin | 0.56 % | |||
Current Valuation | 9.92 B | |||
Shares Outstanding | 479.71 M | |||
Shares Owned By Insiders | 29.66 % | |||
Shares Owned By Institutions | 54.57 % | |||
Number Of Shares Shorted | 14.33 M | |||
Price To Earning | 15.15 X | |||
Price To Book | 3.10 X | |||
Price To Sales | 6.08 X | |||
Revenue | 1.11 B | |||
Gross Profit | 810.4 M | |||
EBITDA | 825.75 M | |||
Net Income | 371.79 M | |||
Total Debt | 3.21 B | |||
Debt To Equity | 1.42 % | |||
Current Ratio | 0.62 X | |||
Book Value Per Share | 4.49 X | |||
Cash Flow From Operations | 779.06 M | |||
Short Ratio | 4.14 X | |||
Earnings Per Share | 0.73 X | |||
Price To Earnings To Growth | 1.17 X | |||
Target Price | 13.5 | |||
Number Of Employees | 604 | |||
Beta | 2.13 | |||
Market Capitalization | 6.76 B | |||
Total Asset | 5.86 B | |||
Retained Earnings | 100.45 M | |||
Working Capital | (13.08 M) | |||
Current Asset | 75.3 M | |||
Current Liabilities | 98.61 M | |||
Z Score | 1.94 | |||
Annual Yield | 0.06 % | |||
Five Year Return | 11.18 % | |||
Net Asset | 5.86 B | |||
Last Dividend Paid | 0.9 |
About Antero Midstream Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Antero Midstream Partners's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Antero Midstream using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Antero Midstream Partners 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.Last Reported | Projected for 2024 | ||
Total Revenue | 1.1 B | 1.2 B | |
Cost Of Revenue | 420.1 M | 230.8 M | |
Ebit Per Revenue | 0.56 | 0.63 |
Pair Trading with Antero Midstream
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 Antero Midstream 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 Antero Midstream will appreciate offsetting losses from the drop in the long position's value.Moving together with Antero Stock
0.91 | ET | Energy Transfer LP Financial Report 7th of May 2024 | PairCorr |
0.67 | NS | NuStar Energy LP Financial Report 2nd of May 2024 | PairCorr |
Moving against Antero Stock
0.7 | TK | Teekay | PairCorr |
0.69 | FLNG | FLEX LNG Financial Report 21st of May 2024 | PairCorr |
0.53 | EURN | Euronav NV Financial Report 9th of May 2024 | PairCorr |
0.51 | CQP | Cheniere Energy Partners Financial Report 7th of May 2024 | PairCorr |
0.48 | LNG | Cheniere Energy Financial Report 7th of May 2024 | PairCorr |
The ability to find closely correlated positions to Antero Midstream could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Antero Midstream 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 Antero Midstream - 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 Antero Midstream Partners to buy it.
The correlation of Antero Midstream 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 Antero Midstream moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Antero Midstream Partners 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 Antero Midstream 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 Antero Midstream Piotroski F Score and Antero Midstream Altman Z Score analysis. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Antero Stock analysis
When running Antero Midstream's price analysis, check to measure Antero Midstream'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 Antero Midstream is operating at the current time. Most of Antero Midstream's value examination focuses on studying past and present price action to predict the probability of Antero Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Antero Midstream's price. Additionally, you may evaluate how the addition of Antero Midstream to your portfolios can decrease your overall portfolio volatility.
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Is Antero Midstream'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 Antero Midstream. If investors know Antero 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 Antero Midstream 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 0.232 | Dividend Share 0.9 | Earnings Share 0.73 | Revenue Per Share 2.321 | Quarterly Revenue Growth 0.072 |
The market value of Antero Midstream Partners is measured differently than its book value, which is the value of Antero that is recorded on the company's balance sheet. Investors also form their own opinion of Antero Midstream's value that differs from its market value or its book value, called intrinsic value, which is Antero Midstream'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 Antero Midstream's market value can be influenced by many factors that don't directly affect Antero Midstream'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 Antero Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Antero Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Antero Midstream'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.