Enags Sa Stock Current Ratio
| ENG Stock | EUR 13.81 0.07 0.50% |
Enags SA fundamentals help investors to digest information that contributes to Enags SA's financial success or failures. It also enables traders to predict the movement of Enags Stock. The fundamental analysis module provides a way to measure Enags 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 Enags SA stock.
Enags |
Enags SA Company Current Ratio Analysis
Enags SA's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Enags SA Current Ratio | 0.80 X |
Most of Enags SA's fundamental indicators, such as Current Ratio, 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, Enags SA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
In accordance with the recently published financial statements, Enags SA has a Current Ratio of 0.8 times. This is 38.46% lower than that of the Utilities sector and significantly higher than that of the Utilities—Regulated Gas industry. The current ratio for all Spain stocks is 62.96% higher than that of the company.
Enags Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Enags SA's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Enags SA could also be used in its relative valuation, which is a method of valuing Enags SA by comparing valuation metrics of similar companies.Enags SA is currently under evaluation in current ratio category among related companies.
Enags Fundamentals
| Return On Equity | 0.14 | |||
| Return On Asset | 0.0239 | |||
| Profit Margin | 0.46 % | |||
| Operating Margin | 0.37 % | |||
| Current Valuation | 8.22 B | |||
| Shares Outstanding | 261.26 M | |||
| Shares Owned By Insiders | 19.68 % | |||
| Shares Owned By Institutions | 30.30 % | |||
| Price To Earning | 12.40 X | |||
| Price To Book | 1.59 X | |||
| Price To Sales | 4.57 X | |||
| Revenue | 975.69 M | |||
| Gross Profit | 926.63 M | |||
| EBITDA | 858.29 M | |||
| Net Income | 403.83 M | |||
| Cash And Equivalents | 1.24 B | |||
| Cash Per Share | 4.73 X | |||
| Total Debt | 4.36 B | |||
| Debt To Equity | 1.86 % | |||
| Current Ratio | 0.80 X | |||
| Book Value Per Share | 13.38 X | |||
| Cash Flow From Operations | 579.93 M | |||
| Earnings Per Share | 1.72 X | |||
| Price To Earnings To Growth | 7.71 X | |||
| Target Price | 17.17 | |||
| Number Of Employees | 1.31 K | |||
| Beta | 0.6 | |||
| Market Capitalization | 4.41 B | |||
| Total Asset | 9.87 B | |||
| Z Score | 0.6 | |||
| Annual Yield | 0.10 % | |||
| Five Year Return | 6.73 % | |||
| Net Asset | 9.87 B | |||
| Last Dividend Paid | 1.71 |
About Enags SA Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Enags SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Enags SA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enags 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.
Pair Trading with Enags 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 Enags 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 Enags SA will appreciate offsetting losses from the drop in the long position's value.Moving together with Enags Stock
| 0.68 | XVALO | Vale SA | PairCorr |
Moving against Enags Stock
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| 0.68 | CABK | Caixabank SA Earnings Call This Week | PairCorr |
| 0.68 | ITX | Industria de Diseno | PairCorr |
| 0.66 | AIR | Airbus Group SE | PairCorr |
The ability to find closely correlated positions to Enags 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 Enags 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 Enags 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 Enags SA to buy it.
The correlation of Enags 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 Enags SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enags 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 Enags 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 Enags SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Enags SA information on this page should be used as a complementary analysis to other Enags 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Enags Stock analysis
When running Enags SA's price analysis, check to measure Enags 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 Enags SA is operating at the current time. Most of Enags SA's value examination focuses on studying past and present price action to predict the probability of Enags 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 Enags SA's price. Additionally, you may evaluate how the addition of Enags SA to your portfolios can decrease your overall portfolio volatility.
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