Baker Hughes Co Stock Current Valuation
| BKR Stock | USD 32.20 0.18 0.56% |
Valuation analysis of Baker Hughes helps investors to measure Baker Hughes' intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. As of 04/19/2024, Enterprise Value Over EBITDA is likely to drop to 7.61. In addition to that, Enterprise Value Multiple is likely to drop to 7.61. Fundamental drivers impacting Baker Hughes' valuation include:
Price Book 2.1465 | Enterprise Value 36.3 B | Enterprise Value Ebitda 9.1871 | Price Sales 1.3016 | Forward PE 16.4474 |
Undervalued
Today
Please note that Baker Hughes' price fluctuation is very steady at this time. Calculation of the real value of Baker Hughes is based on 3 months time horizon. Increasing Baker Hughes' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Baker Hughes Co is useful when determining the fair value of the Baker stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Baker Hughes. Since Baker Hughes is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Baker Stock. However, Baker Hughes' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 32.2 | Real 36.21 | Target 40.67 | Hype 32.18 | Naive 30.99 |
The real value of Baker Stock, also known as its intrinsic value, is the underlying worth of Baker Hughes Company, which is reflected in its stock price. It is based on Baker Hughes' financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Baker Hughes' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Baker Hughes' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Baker Hughes Co helps investors to forecast how Baker stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Baker Hughes more accurately as focusing exclusively on Baker Hughes' fundamentals will not take into account other important factors: Baker Hughes Co Company Current Valuation Analysis
Baker Hughes' 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.
Current Baker Hughes Current Valuation | 36.34 B |
Most of Baker Hughes' 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, Baker Hughes Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Baker Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Baker Hughes is extremely important. It helps to project a fair market value of Baker Stock properly, considering its historical fundamentals such as Current Valuation. Since Baker Hughes' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Baker Hughes' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Baker Hughes' interrelated accounts and indicators.
Click cells to compare fundamentals
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, Baker Hughes Co has a Current Valuation of 36.34 B. This is 6.84% lower than that of the Energy Equipment & Services sector and 59.57% higher than that of the Energy industry. The current valuation for all United States stocks is 118.61% lower than that of the firm.
Baker Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Baker Hughes' direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Baker Hughes could also be used in its relative valuation, which is a method of valuing Baker Hughes by comparing valuation metrics of similar companies.Baker Hughes is currently under evaluation in current valuation category among related companies.
Baker Fundamentals
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0465 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.12 % | ||||
| Current Valuation | 36.34 B | ||||
| Shares Outstanding | 997.5 M | ||||
| Shares Owned By Insiders | 0.14 % | ||||
| Shares Owned By Institutions | 98.07 % | ||||
| Number Of Shares Shorted | 25.2 M | ||||
| Price To Earning | 158.33 X | ||||
| Price To Book | 2.15 X | ||||
| Price To Sales | 1.30 X | ||||
| Revenue | 25.51 B | ||||
| Gross Profit | 4.43 B | ||||
| EBITDA | 2.32 B | ||||
| Net Income | 1.97 B | ||||
| Cash And Equivalents | 3.7 B | ||||
| Cash Per Share | 3.69 X | ||||
| Total Debt | 6.02 B | ||||
| Debt To Equity | 0.46 % | ||||
| Current Ratio | 1.51 X | ||||
| Book Value Per Share | 15.40 X | ||||
| Cash Flow From Operations | 3.06 B | ||||
| Short Ratio | 3.04 X | ||||
| Earnings Per Share | 1.91 X | ||||
| Price To Earnings To Growth | 0.96 X | ||||
| Target Price | 40.53 | ||||
| Number Of Employees | 58 K | ||||
| Beta | 1.45 | ||||
| Market Capitalization | 32.16 B | ||||
| Total Asset | 36.95 B | ||||
| Retained Earnings | (8.82 B) | ||||
| Working Capital | 3.31 B | ||||
| Current Asset | 252.52 M | ||||
| Current Liabilities | 125.54 M | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 3.04 % | ||||
| Net Asset | 36.95 B | ||||
| Last Dividend Paid | 0.78 |
About Baker Hughes Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Baker Hughes Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Baker Hughes using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Baker Hughes Co 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.
Baker Hughes Investors Sentiment
The influence of Baker Hughes' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Baker. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Baker Hughes' public news can be used to forecast risks associated with an investment in Baker. The trend in average sentiment can be used to explain how an investor holding Baker can time the market purely based on public headlines and social activities around Baker Hughes Co. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Baker Hughes' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Baker Hughes' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Baker Hughes' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Baker Hughes.
Baker Hughes Implied Volatility | 45.53 |
Baker Hughes' implied volatility exposes the market's sentiment of Baker Hughes Co stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Baker Hughes' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Baker Hughes stock will not fluctuate a lot when Baker Hughes' options are near their expiration.
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 Baker Hughes 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, Baker Hughes' short interest history, or implied volatility extrapolated from Baker Hughes options trading.
Pair Trading with Baker Hughes
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 Baker Hughes 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 Baker Hughes will appreciate offsetting losses from the drop in the long position's value.Moving together with Baker Stock
| 0.92 | NR | Newpark Resources Financial Report 7th of May 2024 | PairCorr |
| 0.87 | TS | Tenaris SA ADR Earnings Call This Week | PairCorr |
Moving against Baker Stock
| 0.41 | NOA | North American Const Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Baker Hughes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Baker Hughes 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 Baker Hughes - 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 Baker Hughes Co to buy it.
The correlation of Baker Hughes 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 Baker Hughes moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baker Hughes 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 Baker Hughes 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 Baker Hughes Piotroski F Score and Baker Hughes Altman Z Score analysis. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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When running Baker Hughes' price analysis, check to measure Baker Hughes' 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 Baker Hughes is operating at the current time. Most of Baker Hughes' value examination focuses on studying past and present price action to predict the probability of Baker Hughes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baker Hughes' price. Additionally, you may evaluate how the addition of Baker Hughes to your portfolios can decrease your overall portfolio volatility.
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Is Baker Hughes' 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 Baker Hughes. If investors know Baker 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 Baker Hughes 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 1.366 | Dividend Share 0.78 | Earnings Share 1.91 | Revenue Per Share 25.304 | Quarterly Revenue Growth 0.157 |
The market value of Baker Hughes is measured differently than its book value, which is the value of Baker that is recorded on the company's balance sheet. Investors also form their own opinion of Baker Hughes' value that differs from its market value or its book value, called intrinsic value, which is Baker Hughes' 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 Baker Hughes' market value can be influenced by many factors that don't directly affect Baker Hughes' 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 Baker Hughes' value and its price as these two are different measures arrived at by different means. Investors typically determine if Baker Hughes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baker Hughes' 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.