Bonterra Energy Corp Stock Price To Earning
| BNE Stock | CAD 5.51 0.10 1.78% |
Bonterra Energy Corp fundamentals help investors to digest information that contributes to Bonterra Energy's financial success or failures. It also enables traders to predict the movement of Bonterra Stock. The fundamental analysis module provides a way to measure Bonterra Energy'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 Bonterra Energy stock.
Bonterra | Price To Earning |
Bonterra Energy Corp Company Price To Earning Analysis
Bonterra Energy's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Bonterra Energy Price To Earning | 1.60 X |
Most of Bonterra Energy's fundamental indicators, such as Price To Earning, 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, Bonterra Energy Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Bonterra Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for Bonterra Energy is extremely important. It helps to project a fair market value of Bonterra Stock properly, considering its historical fundamentals such as Price To Earning. Since Bonterra Energy's 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 Bonterra Energy's 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 Bonterra Energy's interrelated accounts and indicators.
Click cells to compare fundamentals
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Bonterra Retained Earnings
Retained Earnings |
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Based on the latest financial disclosure, Bonterra Energy Corp has a Price To Earning of 1.6 times. This is 95.35% lower than that of the Oil, Gas & Consumable Fuels sector and 91.35% lower than that of the Energy industry. The price to earning for all Canada stocks is 94.43% higher than that of the company.
Bonterra Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bonterra Energy's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Bonterra Energy could also be used in its relative valuation, which is a method of valuing Bonterra Energy by comparing valuation metrics of similar companies.Bonterra Energy is currently under evaluation in price to earning category among related companies.
Bonterra Energy Current Valuation Drivers
We derive many important indicators used in calculating different scores of Bonterra Energy from analyzing Bonterra Energy's financial statements. These drivers represent accounts that assess Bonterra Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Bonterra Energy's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 131.6M | 72.5M | 190.9M | 243.1M | 194.5M | 360.3M | |
| Enterprise Value | 424.2M | 372.9M | 448.7M | 402.6M | 335.6M | 510.9M |
Bonterra Fundamentals
| Return On Equity | 0.0892 | |||
| Return On Asset | 0.0547 | |||
| Profit Margin | 0.16 % | |||
| Operating Margin | 0.34 % | |||
| Current Valuation | 344.49 M | |||
| Shares Outstanding | 37.27 M | |||
| Shares Owned By Insiders | 13.70 % | |||
| Shares Owned By Institutions | 4.16 % | |||
| Number Of Shares Shorted | 201.01 K | |||
| Price To Earning | 1.60 X | |||
| Price To Book | 0.47 X | |||
| Price To Sales | 0.90 X | |||
| Revenue | 319.52 M | |||
| Gross Profit | 237.44 M | |||
| EBITDA | 173.06 M | |||
| Net Income | 44.94 M | |||
| Cash And Equivalents | 49 K | |||
| Total Debt | 19 M | |||
| Debt To Equity | 1.40 % | |||
| Current Ratio | 0.05 X | |||
| Book Value Per Share | 14.18 X | |||
| Cash Flow From Operations | 140.18 M | |||
| Short Ratio | 4.29 X | |||
| Earnings Per Share | 1.20 X | |||
| Target Price | 8.19 | |||
| Number Of Employees | 38 | |||
| Beta | 2.85 | |||
| Market Capitalization | 205.33 M | |||
| Total Asset | 967.87 M | |||
| Retained Earnings | (295.44 M) | |||
| Working Capital | (19.98 M) | |||
| Current Asset | 27.68 M | |||
| Current Liabilities | 57.48 M | |||
| Five Year Return | 7.93 % | |||
| Net Asset | 967.87 M |
About Bonterra Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bonterra Energy Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bonterra Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bonterra Energy Corp 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 Bonterra Energy 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, Bonterra Energy's short interest history, or implied volatility extrapolated from Bonterra Energy options trading.
Pair Trading with Bonterra Energy
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 Bonterra Energy 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 Bonterra Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Bonterra Stock
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| 0.74 | ENB-PFU | Enbridge Pref L Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Bonterra Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bonterra Energy 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 Bonterra Energy - 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 Bonterra Energy Corp to buy it.
The correlation of Bonterra Energy 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 Bonterra Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bonterra Energy Corp 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 Bonterra Energy 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Bonterra Energy Corp. 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 Bonterra Energy Corp information on this page should be used as a complementary analysis to other Bonterra Energy'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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Bonterra Stock analysis
When running Bonterra Energy's price analysis, check to measure Bonterra Energy'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 Bonterra Energy is operating at the current time. Most of Bonterra Energy's value examination focuses on studying past and present price action to predict the probability of Bonterra Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bonterra Energy's price. Additionally, you may evaluate how the addition of Bonterra Energy to your portfolios can decrease your overall portfolio volatility.
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