BHP Enterprise Value vs Market Capitalization Analysis

BHP Stock

USD 57.99 0.42 0.72%

BHP Group financial indicator trend analysis is way more than just evaluating BHP Group Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BHP Group Limited is a good investment. Please check the relationship between BHP Group Enterprise Value and its Market Cap accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BHP Group Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

Enterprise Value vs Market Cap

Enterprise Value vs Market Capitalization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BHP Group Limited Enterprise Value account and Market Capitalization. At this time, the significance of the direction appears to have totally related.

The correlation between BHP Group's Enterprise Value and Market Capitalization is 1.0. Overlapping area represents the amount of variation of Enterprise Value that can explain the historical movement of Market Capitalization in the same time period over historical financial statements of BHP Group Limited, assuming nothing else is changed. The correlation between historical values of BHP Group's Enterprise Value and Market Capitalization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Enterprise Value of BHP Group Limited are associated (or correlated) with its Market Capitalization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Market Capitalization has no effect on the direction of Enterprise Value i.e., BHP Group's Enterprise Value and Market Capitalization go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Enterprise Value

Enterprise Value (or EV) is usually referred to as BHP Group theoretical takeover price. In the event of an acquisition, an acquirer would have to take on BHP Group Limited debt, but would also pocket its cash. Enterprise Value is more accurate representation of BHP Group value than its market capitalization because it takes into account all of BHP Group Limited existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

Market Cap

Most indicators from BHP Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BHP Group Limited current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BHP Group Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

As of 04/18/2024, Discontinued Operations is likely to grow to about 12.9 B, while Selling General Administrative is likely to drop slightly above 3.6 B.

	2021	2022	2023	2024 (projected)
Gross Profit	39.7B	27.7B	31.8B	16.5B
Total Revenue	65.1B	53.8B	61.9B	35.3B

Gross Profit Total Revenue

BHP Group fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Other Current Assets	Accounts Payable	Other Liab	Other Assets	Long Term Debt
Total Assets		0.92	0.47	0.53	0.98	0.99	0.69	0.98	0.16	0.98	-0.65	0.16	0.71	0.91	0.64	0.8	-0.64	0.98	0.57	0.16	0.7	0.09	0.86	0.46	0.72	0.82
Short Long Term Debt Total	0.92		0.15	0.32	0.89	0.92	0.84	0.9	0.03	0.92	-0.75	0.03	0.45	0.81	0.64	0.56	-0.75	0.89	0.35	0.14	0.77	0.09	0.69	0.3	0.85	0.92
Other Current Liab	0.47	0.15		0.68	0.48	0.43	-0.01	0.46	0.19	0.4	-0.15	0.2	0.8	0.46	0.06	0.79	0.01	0.51	0.56	0.13	0.15	0.06	0.59	0.32	0.06	0.07
Total Current Liabilities	0.53	0.32	0.68		0.5	0.53	0.23	0.47	0.31	0.51	-0.02	0.31	0.78	0.58	0.35	0.8	-0.07	0.59	0.43	0.75	0.24	-0.05	0.68	0.49	0.03	0.21
Total Stockholder Equity	0.98	0.89	0.48	0.5		0.98	0.72	1.0	0.06	0.97	-0.7	0.06	0.73	0.84	0.54	0.78	-0.64	0.93	0.5	0.08	0.78	0.1	0.85	0.32	0.75	0.84
Property Plant And Equipment Net	0.99	0.92	0.43	0.53	0.98		0.76	0.97	0.03	1.0	-0.64	0.03	0.74	0.86	0.63	0.81	-0.62	0.96	0.44	0.2	0.75	-0.03	0.87	0.41	0.72	0.81
Net Debt	0.69	0.84	-0.01	0.23	0.72	0.76		0.75	-0.46	0.77	-0.79	-0.46	0.41	0.43	0.33	0.41	-0.66	0.62	-0.13	0.16	0.93	-0.05	0.53	-0.15	0.83	0.83
Retained Earnings	0.98	0.9	0.46	0.47	1.0	0.97	0.75		0.02	0.97	-0.73	0.02	0.71	0.81	0.51	0.76	-0.67	0.92	0.47	0.07	0.81	0.12	0.84	0.28	0.78	0.85
Cash	0.16	0.03	0.19	0.31	0.06	0.03	-0.46	0.02		0.03	0.28	1.0	-0.03	0.48	0.39	0.11	0.01	0.23	0.73	0.19	-0.44	0.2	0.11	0.71	-0.2	-0.01
Non Current Assets Total	0.98	0.92	0.4	0.51	0.97	1.0	0.77	0.97	0.03		-0.63	0.03	0.72	0.85	0.66	0.79	-0.6	0.96	0.41	0.2	0.75	-0.06	0.86	0.4	0.73	0.82
Non Currrent Assets Other	-0.65	-0.75	-0.15	-0.02	-0.7	-0.64	-0.79	-0.73	0.28	-0.63		0.28	-0.27	-0.4	-0.04	-0.28	0.8	-0.55	-0.1	0.23	-0.85	-0.25	-0.34	0.24	-0.89	-0.85
Cash And Short Term Investments	0.16	0.03	0.2	0.31	0.06	0.03	-0.46	0.02	1.0	0.03	0.28		-0.03	0.48	0.39	0.11	0.01	0.23	0.73	0.19	-0.44	0.2	0.12	0.72	-0.2	-0.01
Net Receivables	0.71	0.45	0.8	0.78	0.73	0.74	0.41	0.71	-0.03	0.72	-0.27	-0.03		0.59	0.31	0.92	-0.15	0.72	0.37	0.33	0.49	-0.18	0.83	0.35	0.26	0.36
Common Stock Shares Outstanding	0.91	0.81	0.46	0.58	0.84	0.86	0.43	0.81	0.48	0.85	-0.4	0.48	0.59		0.75	0.75	-0.57	0.95	0.75	0.26	0.37	0.13	0.83	0.73	0.48	0.65
Non Current Liabilities Total	0.64	0.64	0.06	0.35	0.54	0.63	0.33	0.51	0.39	0.66	-0.04	0.39	0.31	0.75		0.47	-0.24	0.72	0.46	0.32	0.14	-0.11	0.63	0.74	0.35	0.44
Inventory	0.8	0.56	0.79	0.8	0.78	0.81	0.41	0.76	0.11	0.79	-0.28	0.11	0.92	0.75	0.47		-0.21	0.83	0.54	0.41	0.45	-0.07	0.87	0.51	0.29	0.37
Other Stockholder Equity	-0.64	-0.75	0.01	-0.07	-0.64	-0.62	-0.66	-0.67	0.01	-0.6	0.8	0.01	-0.15	-0.57	-0.24	-0.21		-0.58	-0.27	0.13	-0.61	-0.37	-0.45	-0.09	-0.7	-0.82
Total Liab	0.98	0.89	0.51	0.59	0.93	0.96	0.62	0.92	0.23	0.96	-0.55	0.23	0.72	0.95	0.72	0.83	-0.58		0.61	0.26	0.58	0.05	0.87	0.58	0.64	0.74
Total Current Assets	0.57	0.35	0.56	0.43	0.5	0.44	-0.13	0.47	0.73	0.41	-0.1	0.73	0.37	0.75	0.46	0.54	-0.27	0.61		0.08	-0.08	0.52	0.53	0.72	0.1	0.22
Short Term Debt	0.16	0.14	0.13	0.75	0.08	0.2	0.16	0.07	0.19	0.2	0.23	0.19	0.33	0.26	0.32	0.41	0.13	0.26	0.08		0.01	-0.16	0.24	0.41	-0.21	-0.05
Intangible Assets	0.7	0.77	0.15	0.24	0.78	0.75	0.93	0.81	-0.44	0.75	-0.85	-0.44	0.49	0.37	0.14	0.45	-0.61	0.58	-0.08	0.01		0.01	0.52	-0.28	0.84	0.84
Other Current Assets	0.09	0.09	0.06	-0.05	0.1	-0.03	-0.05	0.12	0.2	-0.06	-0.25	0.2	-0.18	0.13	-0.11	-0.07	-0.37	0.05	0.52	-0.16	0.01		0.03	-0.05	0.12	0.12
Accounts Payable	0.86	0.69	0.59	0.68	0.85	0.87	0.53	0.84	0.11	0.86	-0.34	0.12	0.83	0.83	0.63	0.87	-0.45	0.87	0.53	0.24	0.52	0.03		0.5	0.43	0.58
Other Liab	0.46	0.3	0.32	0.49	0.32	0.41	-0.15	0.28	0.71	0.4	0.24	0.72	0.35	0.73	0.74	0.51	-0.09	0.58	0.72	0.41	-0.28	-0.05	0.5		-0.14	0.06
Other Assets	0.72	0.85	0.06	0.03	0.75	0.72	0.83	0.78	-0.2	0.73	-0.89	-0.2	0.26	0.48	0.35	0.29	-0.7	0.64	0.1	-0.21	0.84	0.12	0.43	-0.14		0.92
Long Term Debt	0.82	0.92	0.07	0.21	0.84	0.81	0.83	0.85	-0.01	0.82	-0.85	-0.01	0.36	0.65	0.44	0.37	-0.82	0.74	0.22	-0.05	0.84	0.12	0.58	0.06	0.92

Click cells to compare fundamentals

BHP Group Account Relationship Matchups

BHP Group fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	104.8B	108.9B	95.2B	101.3B	116.5B	68.1B
Short Long Term Debt Total	27.0B	21.0B	16.4B	22.3B	25.7B	16.2B
Other Current Liab	3.9B	6.6B	8.9B	5.5B	6.4B	3.8B
Total Current Liabilities	14.8B	16.4B	16.9B	19.0B	21.9B	23.0B
Total Stockholder Equity	47.9B	51.3B	45.0B	43.1B	49.5B	31.9B
Property Plant And Equipment Net	72.4B	73.8B	61.3B	71.8B	82.6B	46.2B
Net Debt	13.6B	5.7B	(808M)	9.9B	11.4B	10.0B
Retained Earnings	43.5B	46.8B	40.3B	39.8B	45.8B	28.1B
Cash	13.4B	15.2B	17.2B	12.4B	14.3B	15.0B
Non Current Assets Total	83.3B	82.2B	64.9B	77.9B	89.6B	52.4B
Non Currrent Assets Other	1.5B	1.7B	(56M)	2.1B	1.9B	2.0B
Cash And Short Term Investments	13.5B	15.5B	17.5B	12.5B	14.3B	15.0B
Net Receivables	3.7B	6.3B	5.7B	5.1B	5.9B	4.1B
Liabilities And Stockholders Equity	104.8B	108.9B	95.2B	101.3B	116.5B	68.1B
Non Current Liabilities Total	37.7B	36.9B	13.2B	33.7B	38.8B	19.6B
Inventory	4.1B	4.4B	4.9B	5.2B	6.0B	3.3B
Other Stockholder Equity	(5M)	(33M)	(12M)	(41M)	(36.9M)	(35.1M)
Total Liab	52.5B	53.3B	46.4B	52.8B	60.7B	33.6B
Total Current Assets	21.5B	26.7B	28.7B	23.4B	26.9B	14.1B
Short Term Debt	5.0B	2.6B	2.6B	7.2B	8.2B	8.7B
Intangible Assets	377M	240M	172M	221M	254.2M	452.3M
Other Current Assets	130M	129M	175M	131M	150.7M	143.1M
Accounts Payable	5.8B	7.0B	5.4B	6.3B	7.2B	4.9B
Other Liab	14.3B	17.4B	14.2B	16.9B	19.5B	10.2B
Other Assets	5.4B	3.6B	1.6B	2.0B	2.3B	2.2B
Long Term Debt	19.4B	18.4B	13.8B	12.7B	14.6B	17.6B
Short Term Investments	84M	230M	303M	29M	26.1M	24.8M
Accumulated Other Comprehensive Income	2.3B	2.4B	12M	(1.4B)	(1.6B)	(1.7B)
Property Plant Equipment	72.4B	73.8B	61.3B	71.8B	82.6B	63.3B
Property Plant And Equipment Gross	72.4B	73.8B	121.1B	135.3B	155.6B	163.4B
Current Deferred Revenue	97M	105M	34M	47M	42.3M	40.2M
Long Term Investments	5.1B	3.4B	2.2B	2.4B	2.1B	2.9B
Short Long Term Debt	5.0B	2.6B	2.6B	1.3B	1.2B	1.1B
Net Tangible Assets	46.6B	47.3B	49.8B	43.6B	39.2B	42.6B

BHP Group Investors Sentiment

The influence of BHP Group's 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 BHP. 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 BHP Group's public news can be used to forecast risks associated with an investment in BHP. The trend in average sentiment can be used to explain how an investor holding BHP can time the market purely based on public headlines and social activities around BHP Group Limited. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

BHP Group's 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 BHP Group's 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 BHP Group's news discussions. The higher the estimated score, the more favorable is the investor's outlook on BHP Group.

BHP Group Implied Volatility

66.98

BHP Group's implied volatility exposes the market's sentiment of BHP Group Limited stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if BHP Group's 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 BHP Group stock will not fluctuate a lot when BHP Group's 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 BHP Group 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, BHP Group's short interest history, or implied volatility extrapolated from BHP Group options trading.

Pair Trading with BHP Group

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 BHP Group 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 BHP Group will appreciate offsetting losses from the drop in the long position's value.

Moving together with BHP Stock

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Moving against BHP Stock

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The ability to find closely correlated positions to BHP Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BHP Group 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 BHP Group - 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 BHP Group Limited to buy it.

The correlation of BHP Group 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 BHP Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BHP Group Limited 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 BHP Group 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.

Pair Correlation Correlation Matching

When determining whether BHP Group Limited is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if BHP Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Bhp Group Limited Stock. Highlighted below are key reports to facilitate an investment decision about Bhp Group Limited Stock:

How To Invest In BHP

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Is BHP Stock a good investment?

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What is BHP Group's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BHP Group Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

Note that the BHP Group Limited information on this page should be used as a complementary analysis to other BHP Group'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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for BHP Stock analysis

When running BHP Group's price analysis, check to measure BHP Group'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 BHP Group is operating at the current time. Most of BHP Group's value examination focuses on studying past and present price action to predict the probability of BHP Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BHP Group's price. Additionally, you may evaluate how the addition of BHP Group to your portfolios can decrease your overall portfolio volatility.

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Is BHP Group'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 BHP Group. If investors know BHP 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 BHP Group 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

(0.86)

Dividend Share

1.52

Earnings Share

2.92

Revenue Per Share

21.974

Quarterly Revenue Growth

0.057

The market value of BHP Group Limited is measured differently than its book value, which is the value of BHP that is recorded on the company's balance sheet. Investors also form their own opinion of BHP Group's value that differs from its market value or its book value, called intrinsic value, which is BHP Group'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 BHP Group's market value can be influenced by many factors that don't directly affect BHP Group'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 BHP Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if BHP Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BHP Group'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.

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BHP Enterprise Value vs Market Capitalization Analysis

Enterprise Value vs Market Cap

Enterprise Value vs Market Capitalization Correlation Analysis

Correlation Coefficient

Enterprise Value

Market Cap

BHP Group fundamental ratios Correlations

BHP Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

BHP Group fundamental ratios Accounts

BHP Group Investors Sentiment

BHP Group Implied Volatility

Pair Trading with BHP Group

Moving together with BHP Stock

Moving against BHP Stock

Complementary Tools for BHP Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.98	Total Assets
Retained Earnings	+ 0.98	Total Assets

Other Assets	- 0.89	Non Currrent Assets Other
Long Term Debt	- 0.85	Non Currrent Assets Other
Intangible Assets	- 0.85	Non Currrent Assets Other
Long Term Debt	- 0.82	Other Stockholder Equity
Non Currrent Assets Other	- 0.79	Net Debt
Other Stockholder Equity	- 0.75	Short Long Term Debt Total