Propetro Holding Corp Stock Current Valuation
| PUMP Stock | USD 6.58 0.33 4.78% |
Valuation analysis of ProPetro Holding Corp helps investors to measure ProPetro Holding's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. As of 11/02/2024, Enterprise Value Over EBITDA is likely to drop to 2.63. In addition to that, Enterprise Value Multiple is likely to drop to 2.63. Fundamental drivers impacting ProPetro Holding's valuation include:
Price Book 0.8539 | Enterprise Value 829.2 M | Enterprise Value Ebitda 13.5507 | Price Sales 0.485 | Forward PE 3.0969 |
Undervalued
Today
Please note that ProPetro Holding's price fluctuation is somewhat reliable at this time. Calculation of the real value of ProPetro Holding Corp is based on 3 months time horizon. Increasing ProPetro Holding's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
ProPetro Holding's intrinsic value may or may not be the same as its current market price of 6.58, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 6.58 | Real 8.34 | Target 13.11 | Hype 6.58 |
The intrinsic value of ProPetro Holding's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence ProPetro Holding's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of ProPetro Holding Corp helps investors to forecast how ProPetro stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of ProPetro Holding more accurately as focusing exclusively on ProPetro Holding's fundamentals will not take into account other important factors: ProPetro Holding Corp Company Current Valuation Analysis
ProPetro Holding's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current ProPetro Holding Current Valuation | 829.19 M |
Most of ProPetro Holding's fundamental indicators, such as Current Valuation, 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, ProPetro Holding Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
ProPetro Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for ProPetro Holding is extremely important. It helps to project a fair market value of ProPetro Stock properly, considering its historical fundamentals such as Current Valuation. Since ProPetro Holding'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 ProPetro Holding'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 ProPetro Holding's interrelated accounts and indicators.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, ProPetro Holding Corp has a Current Valuation of 829.19 M. This is 97.87% lower than that of the Energy Equipment & Services sector and 96.36% lower than that of the Energy industry. The current valuation for all United States stocks is 95.01% higher than that of the company.
ProPetro Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ProPetro Holding's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ProPetro Holding could also be used in its relative valuation, which is a method of valuing ProPetro Holding by comparing valuation metrics of similar companies.ProPetro Holding is currently under evaluation in current valuation category among its peers.
ProPetro Holding ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, ProPetro Holding's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to ProPetro Holding's managers, analysts, and investors.Environmental | Governance | Social |
ProPetro Fundamentals
| Return On Equity | -0.15 | ||||
| Return On Asset | 0.0316 | ||||
| Profit Margin | (0.09) % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 829.19 M | ||||
| Shares Outstanding | 103.28 M | ||||
| Shares Owned By Insiders | 23.19 % | ||||
| Shares Owned By Institutions | 85.45 % | ||||
| Number Of Shares Shorted | 9.82 M | ||||
| Price To Earning | 17.25 X | ||||
| Price To Book | 0.85 X | ||||
| Price To Sales | 0.48 X | ||||
| Revenue | 1.63 B | ||||
| Gross Profit | 396.88 M | ||||
| EBITDA | 384.24 M | ||||
| Net Income | 85.63 M | ||||
| Cash And Equivalents | 69.79 M | ||||
| Cash Per Share | 0.67 X | ||||
| Total Debt | 148.58 M | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 1.34 X | ||||
| Book Value Per Share | 8.06 X | ||||
| Cash Flow From Operations | 374.74 M | ||||
| Short Ratio | 7.49 X | ||||
| Earnings Per Share | (1.31) X | ||||
| Target Price | 10.71 | ||||
| Number Of Employees | 2.07 K | ||||
| Beta | 2.03 | ||||
| Market Capitalization | 713.69 M | ||||
| Total Asset | 1.48 B | ||||
| Retained Earnings | 69.03 M | ||||
| Working Capital | 39.66 M | ||||
| Current Asset | 287.84 M | ||||
| Current Liabilities | 276.91 M | ||||
| Net Asset | 1.48 B |
About ProPetro Holding Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ProPetro Holding Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProPetro Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ProPetro Holding Corp 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 ProPetro Holding
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 ProPetro Holding 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 ProPetro Holding will appreciate offsetting losses from the drop in the long position's value.Moving against ProPetro Stock
The ability to find closely correlated positions to ProPetro Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ProPetro Holding 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 ProPetro Holding - 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 ProPetro Holding Corp to buy it.
The correlation of ProPetro Holding 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 ProPetro Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ProPetro Holding Corp 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 ProPetro Holding 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.Additional Tools for ProPetro Stock Analysis
When running ProPetro Holding's price analysis, check to measure ProPetro Holding'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 ProPetro Holding is operating at the current time. Most of ProPetro Holding's value examination focuses on studying past and present price action to predict the probability of ProPetro Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProPetro Holding's price. Additionally, you may evaluate how the addition of ProPetro Holding to your portfolios can decrease your overall portfolio volatility.