Midcoast Energy Partners Stock Price To Book
Midcoast Energy Partners fundamentals help investors to digest information that contributes to Midcoast Energy's financial success or failures. It also enables traders to predict the movement of Midcoast Stock. The fundamental analysis module provides a way to measure Midcoast 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 Midcoast Energy stock.
Midcoast |
Midcoast Energy Partners Company Price To Book Analysis
Midcoast Energy's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Midcoast Energy Price To Book | 0.25 X |
Most of Midcoast Energy's fundamental indicators, such as Price To Book, 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, Midcoast Energy Partners is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
CompetitionBased on the latest financial disclosure, Midcoast Energy Partners has a Price To Book of 0.25 times. This is 97.95% lower than that of the Basic Materials sector and 81.34% lower than that of the Independent Oil and Gas industry. The price to book for all United States stocks is 97.37% higher than that of the company.
Midcoast Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Midcoast Energy's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Midcoast Energy could also be used in its relative valuation, which is a method of valuing Midcoast Energy by comparing valuation metrics of similar companies.Midcoast Energy is currently under evaluation in price to book category among related companies.
Midcoast Fundamentals
| Return On Asset | -1.0E-4 | |||
| Profit Margin | (0.0004) % | |||
| Operating Margin | (0.0006) % | |||
| Current Valuation | 998.47 M | |||
| Shares Outstanding | 45.22 M | |||
| Shares Owned By Insiders | 6.45 % | |||
| Shares Owned By Institutions | 70.50 % | |||
| Number Of Shares Shorted | 152.72 K | |||
| Price To Earning | (3.67) X | |||
| Price To Book | 0.25 X | |||
| Price To Sales | 0.18 X | |||
| Revenue | 2.84 B | |||
| Gross Profit | 79.5 M | |||
| Net Income | (163.9 M) | |||
| Cash And Equivalents | 38.6 M | |||
| Cash Per Share | 0.18 X | |||
| Total Debt | 888.2 M | |||
| Debt To Equity | 0.22 % | |||
| Current Ratio | 0.62 X | |||
| Cash Flow From Operations | 207 M | |||
| Earnings Per Share | (2.17) X | |||
| Number Of Employees | 12 | |||
| Beta | 2.85 | |||
| Market Capitalization | 359.5 M | |||
| Total Asset | 5.27 B | |||
| Working Capital | (300 K) | |||
| Current Asset | 305.4 M | |||
| Current Liabilities | 305.7 M | |||
| Last Dividend Paid | 1.43 |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Midcoast Energy Partners information on this page should be used as a complementary analysis to other Midcoast 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Other Consideration for investing in Midcoast Stock
If you are still planning to invest in Midcoast Energy Partners check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Midcoast Energy's history and understand the potential risks before investing.
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