Eneva Sa Stock Book Value Per Share
| ENEV3 Stock | BRL 12.38 0.24 1.90% |
Eneva SA fundamentals help investors to digest information that contributes to Eneva SA's financial success or failures. It also enables traders to predict the movement of Eneva Stock. The fundamental analysis module provides a way to measure Eneva SA'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 Eneva SA stock.
Eneva |
Eneva SA Company Book Value Per Share Analysis
Eneva SA's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
Current Eneva SA Book Value Per Share | 8.77 X |
Most of Eneva SA's fundamental indicators, such as Book Value Per Share, 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, Eneva SA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
| Competition |
In accordance with the recently published financial statements, the book value per share of Eneva SA is about 8.771 times. This is 38.28% lower than that of the Independent Power and Renewable Electricity Producers sector and significantly higher than that of the Utilities industry. The book value per share for all Brazil stocks is 99.55% higher than that of the company.
Eneva Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eneva SA's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Eneva SA could also be used in its relative valuation, which is a method of valuing Eneva SA by comparing valuation metrics of similar companies.Eneva SA is currently under evaluation in book value per share category among related companies.
Eneva Fundamentals
| Return On Equity | 0.0943 | |||
| Return On Asset | 0.0315 | |||
| Profit Margin | 0.19 % | |||
| Operating Margin | 0.23 % | |||
| Current Valuation | 24.09 B | |||
| Shares Outstanding | 1.58 B | |||
| Shares Owned By Insiders | 5.05 % | |||
| Shares Owned By Institutions | 93.29 % | |||
| Price To Earning | 15.83 X | |||
| Price To Book | 1.31 X | |||
| Price To Sales | 3.18 X | |||
| Revenue | 5.12 B | |||
| Gross Profit | 1.94 B | |||
| EBITDA | 2.24 B | |||
| Net Income | 1.17 B | |||
| Cash And Equivalents | 976.84 M | |||
| Cash Per Share | 3.17 X | |||
| Total Debt | 7.58 B | |||
| Debt To Equity | 0.76 % | |||
| Current Ratio | 1.85 X | |||
| Book Value Per Share | 8.77 X | |||
| Cash Flow From Operations | 1.23 B | |||
| Earnings Per Share | 0.81 X | |||
| Target Price | 16.46 | |||
| Number Of Employees | 1.35 K | |||
| Beta | 0.56 | |||
| Market Capitalization | 18.33 B | |||
| Total Asset | 18.24 B | |||
| Retained Earnings | (3.64 B) | |||
| Working Capital | (549 M) | |||
| Current Asset | 795 M | |||
| Current Liabilities | 1.34 B | |||
| Z Score | 1.2 | |||
| Net Asset | 18.24 B |
About Eneva SA Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Eneva SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eneva SA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eneva SA 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.
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 Eneva SA 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, Eneva SA's short interest history, or implied volatility extrapolated from Eneva SA options trading.
Pair Trading with Eneva SA
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 Eneva SA 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 Eneva SA will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Eneva SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eneva SA 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 Eneva SA - 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 Eneva SA to buy it.
The correlation of Eneva SA 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 Eneva SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eneva SA 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 Eneva SA 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eneva SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as various price indices. Note that the Eneva SA information on this page should be used as a complementary analysis to other Eneva SA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Eneva Stock analysis
When running Eneva SA's price analysis, check to measure Eneva SA'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 Eneva SA is operating at the current time. Most of Eneva SA's value examination focuses on studying past and present price action to predict the probability of Eneva SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eneva SA's price. Additionally, you may evaluate how the addition of Eneva SA to your portfolios can decrease your overall portfolio volatility.
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