Cenntro Electric Group Stock Price To Earning
| CENN Stock | USD 0.49 0.04 7.55% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Cenntro Electric's long-term financial health and intrinsic value.
Cenntro | Price To Earning | Build AI portfolio with Cenntro Stock |
Cenntro Electric Group Company Price To Earning Analysis
Cenntro Electric'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.
Cenntro Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for Cenntro Electric is extremely important. It helps to project a fair market value of Cenntro Stock properly, considering its historical fundamentals such as Price To Earning. Since Cenntro Electric'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 Cenntro Electric'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 Cenntro Electric'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.
| Competition |
Cenntro Retained Earnings
Retained Earnings |
|
Based on the latest financial disclosure, Cenntro Electric Group has a Price To Earning of 0.0 times. This is 100.0% lower than that of the Automobile Components sector and 100.0% lower than that of the Consumer Discretionary industry. The price to earning for all United States stocks is 100.0% higher than that of the company.
Cenntro Electric Current Valuation Drivers
We derive many important indicators used in calculating different scores of Cenntro Electric from analyzing Cenntro Electric's financial statements. These drivers represent accounts that assess Cenntro Electric's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Cenntro Electric's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 2.0M | 244.0K | 115.9M | 43.8M | 33.0M | 19.6M | |
| Enterprise Value | 15.1M | 18.6M | 28.0M | 45.5M | 42.8M | 44.9M |
Cenntro Fundamentals
| Return On Equity | -0.34 | ||||
| Return On Asset | -0.12 | ||||
| Profit Margin | (1.33) % | ||||
| Operating Margin | (2.88) % | ||||
| Current Valuation | 37.33 M | ||||
| Shares Outstanding | 47.91 M | ||||
| Shares Owned By Insiders | 40.93 % | ||||
| Shares Owned By Institutions | 2.07 % | ||||
| Number Of Shares Shorted | 366.36 K | ||||
| Price To Book | 0.32 X | ||||
| Price To Sales | 0.76 X | ||||
| Revenue | 31.3 M | ||||
| Gross Profit | 7.76 M | ||||
| EBITDA | (24.98 M) | ||||
| Net Income | (44.91 M) | ||||
| Cash And Equivalents | 182.97 M | ||||
| Cash Per Share | 0.70 X | ||||
| Total Debt | 22.32 M | ||||
| Debt To Equity | 0.04 % | ||||
| Current Ratio | 13.94 X | ||||
| Book Value Per Share | 2.38 X | ||||
| Cash Flow From Operations | (21.36 M) | ||||
| Short Ratio | 0.57 X | ||||
| Earnings Per Share | (1.00) X | ||||
| Number Of Employees | 260 | ||||
| Beta | 2.23 | ||||
| Market Capitalization | 23.53 M | ||||
| Total Asset | 132.57 M | ||||
| Retained Earnings | (318.89 M) | ||||
| Working Capital | 36.8 M | ||||
| Net Asset | 132.57 M |
About Cenntro Electric Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cenntro Electric Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cenntro Electric using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cenntro Electric Group 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 Cenntro Electric
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 Cenntro Electric 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 Cenntro Electric will appreciate offsetting losses from the drop in the long position's value.Moving against Cenntro Stock
| 0.82 | VC | Visteon Corp | PairCorr |
| 0.78 | INVZ | Innoviz Technologies | PairCorr |
| 0.74 | FLYE | Fly E Group, | PairCorr |
| 0.71 | ADNT | Adient PLC Earnings Call This Week | PairCorr |
| 0.65 | GNTX | Gentex | PairCorr |
The ability to find closely correlated positions to Cenntro Electric could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cenntro Electric 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 Cenntro Electric - 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 Cenntro Electric Group to buy it.
The correlation of Cenntro Electric 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 Cenntro Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cenntro Electric 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 Cenntro Electric 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 Cenntro Electric Piotroski F Score and Cenntro Electric Altman Z Score analysis. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Automotive Parts & Equipment space 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 Cenntro Electric. If investors know Cenntro 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 Cenntro Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.00) | Revenue Per Share | Quarterly Revenue Growth (0.09) | Return On Assets | Return On Equity |
The market value of Cenntro Electric is measured differently than its book value, which is the value of Cenntro that is recorded on the company's balance sheet. Investors also form their own opinion of Cenntro Electric's value that differs from its market value or its book value, called intrinsic value, which is Cenntro Electric'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 Cenntro Electric's market value can be influenced by many factors that don't directly affect Cenntro Electric'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 Cenntro Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cenntro Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cenntro Electric'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.