Endur Asa Stock Shares Outstanding
| ENDUR Stock | NOK 47.80 0.30 0.63% |
Endur ASA fundamentals help investors to digest information that contributes to Endur ASA's financial success or failures. It also enables traders to predict the movement of Endur Stock. The fundamental analysis module provides a way to measure Endur ASA'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 Endur ASA stock.
Endur |
Endur ASA Company Shares Outstanding Analysis
Endur ASA's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Endur ASA Shares Outstanding | 32.54 M |
Most of Endur ASA's fundamental indicators, such as Shares Outstanding, 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, Endur ASA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Based on the latest financial disclosure, Endur ASA has 32.54 M of shares currently outstending. This is 77.67% lower than that of the Industrials sector and 31.29% lower than that of the Conglomerates industry. The shares outstanding for all Norway stocks is 94.31% higher than that of the company.
Endur Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Endur ASA's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Endur ASA could also be used in its relative valuation, which is a method of valuing Endur ASA by comparing valuation metrics of similar companies.Endur ASA is currently under evaluation in shares outstanding category among related companies.
Endur Fundamentals
| Return On Equity | 0.0427 | |||
| Return On Asset | 0.0262 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 1.59 B | |||
| Shares Outstanding | 32.54 M | |||
| Shares Owned By Insiders | 63.67 % | |||
| Shares Owned By Institutions | 0.82 % | |||
| Price To Book | 1.06 X | |||
| Price To Sales | 0.38 X | |||
| Revenue | 2.01 B | |||
| Gross Profit | 711.7 M | |||
| EBITDA | 116 M | |||
| Net Income | (51.8 M) | |||
| Cash And Equivalents | 287.3 M | |||
| Cash Per Share | 12.28 X | |||
| Total Debt | 963.8 M | |||
| Debt To Equity | 1.03 % | |||
| Current Ratio | 1.54 X | |||
| Book Value Per Share | 32.73 X | |||
| Cash Flow From Operations | (28.9 M) | |||
| Earnings Per Share | 1.43 X | |||
| Price To Earnings To Growth | 0.06 X | |||
| Target Price | 34.76 | |||
| Number Of Employees | 463 | |||
| Beta | 0.81 | |||
| Market Capitalization | 970.13 M | |||
| Total Asset | 2.51 B | |||
| Z Score | 0.6 | |||
| Net Asset | 2.51 B |
About Endur ASA Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Endur ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Endur ASA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Endur ASA 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 Endur ASA
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 Endur ASA 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 Endur ASA will appreciate offsetting losses from the drop in the long position's value.Moving together with Endur Stock
| 0.85 | BONHR | Bonheur Earnings Call This Week | PairCorr |
| 0.77 | SRBNK | Sparebank 1 SR | PairCorr |
| 0.84 | SVEG | Sparebanken Vest Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Endur ASA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Endur ASA 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 Endur ASA - 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 Endur ASA to buy it.
The correlation of Endur ASA 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 Endur ASA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Endur ASA 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 Endur ASA 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 Endur ASA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Endur Stock analysis
When running Endur ASA's price analysis, check to measure Endur ASA'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 Endur ASA is operating at the current time. Most of Endur ASA's value examination focuses on studying past and present price action to predict the probability of Endur ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Endur ASA's price. Additionally, you may evaluate how the addition of Endur ASA to your portfolios can decrease your overall portfolio volatility.
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