Enagás Financial Statements From 2010 to 2024
| ENGGF Stock | USD 15.15 0.40 2.71% |
Check Enagás SA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Enagás main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Enagás financial statements analysis is a perfect complement when working with Enagás SA Valuation or Volatility modules.
Enagás |
Enags SA Company Operating Margin Analysis
Enagás SA's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Enagás SA Operating Margin | 0.37 % |
Most of Enagás SA's fundamental indicators, such as Operating Margin, 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.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
| Competition |
Based on the recorded statements, Enags SA has an Operating Margin of 0.3736%. This is 98.13% lower than that of the Utilities sector and significantly higher than that of the Utilities—Regulated Gas industry. The operating margin for all United States stocks is 106.78% lower than that of the firm.
Enagás SA Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Enagás SA's current stock value. Our valuation model uses many indicators to compare Enagás SA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Enagás SA competition to find correlations between indicators driving Enagás SA's intrinsic value. More Info.Enags SA is one of the top stocks in return on equity category among related companies. It is one of the top stocks in return on asset category among related companies reporting about 0.18 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Enags SA is roughly 5.67 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Enagás SA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Enagás SA's Pink Sheet. 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 Enagás SA's earnings, one of the primary drivers of an investment's value.About Enagás SA Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Enagás SA income statement, its balance sheet, and the statement of cash flows. Enagás SA investors use historical funamental indicators, such as Enagás SA's revenue or net income, to determine how well the company is positioned to perform in the future. Although Enagás SA investors may use each financial statement separately, they are all related. The changes in Enagás SA's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Enagás SA's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Enagás SA Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Enagás SA. Please read more on our technical analysis and fundamental analysis pages.
Enags, S.A. engages in the development, operation, and maintenance of gas infrastructures in Spain, Mexico, Chile, Peru, Albania, Greece, Italy, and the United States. Enags, S.A. was founded in 1972 and is headquartered in Madrid, Spain. Enagas Sa is traded on OTC Exchange in the United States.
Pair Trading with Enagás 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 Enagás 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 Enagás SA will appreciate offsetting losses from the drop in the long position's value.Moving together with Enagás Pink Sheet
| 0.66 | GASNF | Naturgy Energy Group | PairCorr |
Moving against Enagás Pink Sheet
| 0.79 | TILE | Interface Downward Rally | PairCorr |
| 0.78 | AIG | American International | PairCorr |
| 0.75 | HOKCF | Hong Kong | PairCorr |
| 0.72 | NI | NiSource | PairCorr |
| 0.72 | CLS | Celestica | PairCorr |
The ability to find closely correlated positions to Enagás 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 Enagás 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 Enagás 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 Enagás 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 Enagás SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enagás 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 Enagás 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 the analysis of Enagás SA Correlation against competitors. Note that the Enagás SA information on this page should be used as a complementary analysis to other Enagás 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Enagás Pink Sheet analysis
When running Enagás SA's price analysis, check to measure Enagás 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 Enagás SA is operating at the current time. Most of Enagás SA's value examination focuses on studying past and present price action to predict the probability of Enagás 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 Enagás SA's price. Additionally, you may evaluate how the addition of Enagás SA to your portfolios can decrease your overall portfolio volatility.
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