Euronav Nv Stock Price To Earning
| EURN Stock | USD 16.85 0.43 2.62% |
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 | Price To Earning |
Euronav NV Company Price To Earning Analysis
Euronav NV'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 Euronav NV Price To Earning | 8.73 X |
Most of Euronav NV'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, Euronav NV is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Euronav Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for Euronav NV is extremely important. It helps to project a fair market value of Euronav Stock properly, considering its historical fundamentals such as Price To Earning. Since Euronav NV'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 Euronav NV'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 Euronav NV's interrelated accounts and indicators.
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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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Euronav Retained Earnings
Retained Earnings |
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Based on the latest financial disclosure, Euronav NV has a Price To Earning of 8.73 times. This is 74.64% lower than that of the Oil, Gas & Consumable Fuels sector and 60.6% lower than that of the Energy industry. The price to earning for all United States stocks is 69.6% higher than that of the company.
Euronav Price To Earning 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 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 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 price to earning category among related companies.
Euronav NV Current Valuation Drivers
We derive many important indicators used in calculating different scores of Euronav NV from analyzing Euronav NV's financial statements. These drivers represent accounts that assess Euronav NV's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Euronav NV's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.3B | 2.7B | 1.8B | 3.4B | 3.6B | 3.7B | |
| Enterprise Value | 2.9B | 4.2B | 3.4B | 5.0B | 4.1B | 4.3B |
Euronav Fundamentals
| Return On Equity | 0.38 | |||
| Return On Asset | 0.1 | |||
| Profit Margin | 0.69 % | |||
| Operating Margin | 0.38 % | |||
| Current Valuation | 3.91 B | |||
| Shares Outstanding | 194.22 M | |||
| Shares Owned By Insiders | 80.52 % | |||
| Shares Owned By Institutions | 27.26 % | |||
| Number Of Shares Shorted | 2.35 M | |||
| Price To Earning | 8.73 X | |||
| Price To Book | 1.34 X | |||
| Price To Sales | 2.59 X | |||
| Revenue | 1.26 B | |||
| Gross Profit | 457.62 M | |||
| EBITDA | 811.61 M | |||
| Net Income | 875.98 M | |||
| Cash And Equivalents | 277.22 M | |||
| Cash Per Share | 1.37 X | |||
| Total Debt | 929.95 M | |||
| Debt To Equity | 1.06 % | |||
| Current Ratio | 2.10 X | |||
| Book Value Per Share | 11.66 X | |||
| Cash Flow From Operations | 854.9 M | |||
| Short Ratio | 2.10 X | |||
| Earnings Per Share | 4.25 X | |||
| Price To Earnings To Growth | (3.43) X | |||
| Target Price | 18.84 | |||
| Beta | -0.15 | |||
| Market Capitalization | 3.27 B | |||
| Total Asset | 3.42 B | |||
| Retained Earnings | 807.25 M | |||
| Working Capital | 1.21 B | |||
| Current Asset | 375.05 M | |||
| Current Liabilities | 179.51 M | |||
| Annual Yield | 0.19 % | |||
| Five Year Return | 5.04 % | |||
| Net Asset | 3.42 B | |||
| Last Dividend Paid | 2.07 |
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
| 0.78 | IMPPP | Imperial Petroleum | PairCorr |
| 0.74 | ET | Energy Transfer LP Financial Report 7th of May 2024 | PairCorr |
| 0.7 | ENLC | EnLink Midstream LLC Earnings Call This Week | PairCorr |
| 0.68 | VNOM | Viper Energy Ut Earnings Call This Week | PairCorr |
| 0.68 | DTM | DT Midstream Financial Report 7th of May 2024 | 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 Euronav NV Piotroski F Score and Euronav NV Altman Z Score analysis. To learn how to invest in Euronav Stock, please use our How to Invest in Euronav NV guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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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Is Euronav NV'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 Euronav NV. If investors know Euronav 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 Euronav NV 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 0.724 | Dividend Share 2.07 | Earnings Share 4.25 | Revenue Per Share 6.117 | Quarterly Revenue Growth (0.27) |
The market value of Euronav NV is measured differently than its book value, which is the value of Euronav that is recorded on the company's balance sheet. Investors also form their own opinion of Euronav NV's value that differs from its market value or its book value, called intrinsic value, which is Euronav NV'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 Euronav NV's market value can be influenced by many factors that don't directly affect Euronav NV'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 Euronav NV's value and its price as these two are different measures arrived at by different means. Investors typically determine if Euronav NV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Euronav NV'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.