Canadian Natural Resources Stock Beta
| CRC Stock | EUR 28.38 0.38 1.32% |
Canadian Natural Resources fundamentals help investors to digest information that contributes to Canadian Natural's financial success or failures. It also enables traders to predict the movement of Canadian Stock. The fundamental analysis module provides a way to measure Canadian Natural'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 Canadian Natural stock.
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Canadian Natural Resources Company Beta Analysis
Canadian Natural's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Canadian Natural Beta | 2.01 |
Most of Canadian Natural's fundamental indicators, such as Beta, 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, Canadian Natural Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Canadian Natural Resources has a Beta of 2.0142. This is 18.48% higher than that of the Energy sector and 30.79% higher than that of the Oil & Gas E&P industry. The beta for all Germany stocks is notably lower than that of the firm.
Canadian Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canadian Natural's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Canadian Natural could also be used in its relative valuation, which is a method of valuing Canadian Natural by comparing valuation metrics of similar companies.Canadian Natural is number one stock in beta category among its peers.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Canadian Natural will likely underperform.
Canadian Fundamentals
| Return On Equity | 0.32 | |||
| Return On Asset | 0.14 | |||
| Profit Margin | 0.29 % | |||
| Operating Margin | 0.41 % | |||
| Current Valuation | 65.91 B | |||
| Shares Outstanding | 1.11 B | |||
| Shares Owned By Insiders | 2.22 % | |||
| Shares Owned By Institutions | 77.76 % | |||
| Price To Earning | 29.40 X | |||
| Price To Book | 2.17 X | |||
| Price To Sales | 1.36 X | |||
| Revenue | 32.85 B | |||
| Gross Profit | 16.3 B | |||
| EBITDA | 16.35 B | |||
| Net Income | 7.66 B | |||
| Cash And Equivalents | 637 M | |||
| Cash Per Share | 0.54 X | |||
| Total Debt | 13.69 B | |||
| Debt To Equity | 0.58 % | |||
| Current Ratio | 0.78 X | |||
| Book Value Per Share | 34.38 X | |||
| Cash Flow From Operations | 14.48 B | |||
| Earnings Per Share | 7.13 X | |||
| Number Of Employees | 9.73 K | |||
| Beta | 2.01 | |||
| Market Capitalization | 59.98 B | |||
| Total Asset | 76.67 B | |||
| Z Score | 2.4 | |||
| Annual Yield | 0.04 % | |||
| Five Year Return | 3.85 % | |||
| Net Asset | 76.67 B | |||
| Last Dividend Paid | 2.84 |
About Canadian Natural Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canadian Natural Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canadian Natural using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canadian Natural Resources 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.
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Additional Information and Resources on Investing in Canadian Stock
When determining whether Canadian Natural Res is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Canadian Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Canadian Natural Resources Stock. Highlighted below are key reports to facilitate an investment decision about Canadian Natural Resources Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Natural Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.