Euronav Nv Stock Net Income
| EURN Stock | EUR 15.87 0.35 2.26% |
Euronav NV fundamentals help investors to digest information that contributes to Euronav NV's financial success or failures. It also enables traders to predict the movement of Euronav Stock. The fundamental analysis module provides a way to measure Euronav NV'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 Euronav NV stock.
Euronav |
Euronav NV Company Net Income Analysis
Euronav NV's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Euronav NV Net Income | 202.89 M |
Most of Euronav NV's fundamental indicators, such as Net Income, 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, Euronav NV is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, Euronav NV reported net income of 202.89 M. This is 91.07% lower than that of the Energy sector and 69.9% lower than that of the Oil & Gas Midstream industry. The net income for all Belgium stocks is 64.47% higher than that of the company.
Euronav Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Euronav NV's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Euronav NV could also be used in its relative valuation, which is a method of valuing Euronav NV by comparing valuation metrics of similar companies.Euronav NV is currently under evaluation in net income category among related companies.
Euronav Fundamentals
| Return On Equity | 0.0982 | |||
| Return On Asset | 0.032 | |||
| Profit Margin | 0.24 % | |||
| Operating Margin | 0.23 % | |||
| Current Valuation | 5.11 B | |||
| Shares Outstanding | 201.78 M | |||
| Shares Owned By Insiders | 63.06 % | |||
| Shares Owned By Institutions | 29.70 % | |||
| Price To Earning | 3.82 X | |||
| Price To Book | 1.87 X | |||
| Price To Sales | 5.85 X | |||
| Revenue | 854.67 M | |||
| Gross Profit | 457.62 M | |||
| EBITDA | 561.57 M | |||
| Net Income | 202.89 M | |||
| Cash And Equivalents | 161.48 M | |||
| Cash Per Share | 0.80 X | |||
| Total Debt | 1.49 B | |||
| Debt To Equity | 0.55 % | |||
| Current Ratio | 2.22 X | |||
| Book Value Per Share | 10.77 X | |||
| Cash Flow From Operations | 255.55 M | |||
| Earnings Per Share | 0.93 X | |||
| Target Price | 16.39 | |||
| Beta | 0.005 | |||
| Market Capitalization | 3.12 B | |||
| Total Asset | 3.97 B | |||
| Retained Earnings | 641 M | |||
| Working Capital | 195.54 M | |||
| Current Asset | 375.05 M | |||
| Current Liabilities | 179.51 M | |||
| Z Score | 1.2 | |||
| Annual Yield | 0.01 % | |||
| Five Year Return | 8.46 % | |||
| Net Asset | 3.97 B |
About Euronav NV Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Euronav NV's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Euronav NV using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Euronav NV 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 Euronav NV 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, Euronav NV's short interest history, or implied volatility extrapolated from Euronav NV options trading.
Pair Trading with Euronav NV
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 Euronav NV 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 Euronav NV will appreciate offsetting losses from the drop in the long position's value.Moving against Euronav Stock
| 0.68 | DEME | DEME Group NV | PairCorr |
| 0.65 | MOUR | Moury Construct SA | PairCorr |
The ability to find closely correlated positions to Euronav NV could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Euronav NV 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 Euronav NV - 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 Euronav NV to buy it.
The correlation of Euronav NV 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 Euronav NV moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Euronav NV 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 Euronav NV 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 Euronav NV. 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. To learn how to invest in Euronav Stock, please use our How to Invest in Euronav NV guide.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 Euronav Stock analysis
When running Euronav NV's price analysis, check to measure Euronav NV'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 Euronav NV is operating at the current time. Most of Euronav NV's value examination focuses on studying past and present price action to predict the probability of Euronav NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euronav NV's price. Additionally, you may evaluate how the addition of Euronav NV to your portfolios can decrease your overall portfolio volatility.
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