You can use fundamental analysis to find out if Aecon Group is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to analyze and collect data for fourty available fundamental indicators for Aecon Group, which can be compared to its peers. The stock experiences an unexpected upward trend. Watch out for market signals. Check odds of Aecon to be traded at C$22.07 in 90 days. Key indicators impacting Aecon's financial strength include:
Understanding current and past Aecon Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Aecon's financial statements are interrelated, with each one affecting the others. For example, an increase in Aecon's assets may result in an increase in income on the income statement.
Aecon competes with Stantec, Martinrea International, Finning International, and WSP Global. Aecon Group Inc., together with its subsidiaries, provide construction and infrastructure development services to private and public sector clients in Canada, the United States, and internationally. Aecon Group Inc. was founded in 1877 and is headquartered in Toronto, Canada. AECON GROUP operates under Engineering Construction classification in Canada and is traded on Toronto Stock Exchange. It employs 5600 people.
You should never invest in Aecon without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Aecon Stock, because this is throwing your money away. Analyzing the key information contained in Aecon's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Aecon Key Financial Ratios
Aecon's financial ratios allow both analysts and investors to convert raw data from Aecon's financial statements into concise, actionable information that can be used to evaluate the performance of Aecon over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Aecon's current stock value. Our valuation model uses many indicators to compare Aecon value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Aecon competition to find correlations between indicators driving Aecon's intrinsic value. More Info.
Aecon Group is rated third in return on equity category among its peers. It also is rated third in return on asset category among its peers . At this time, Aecon's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Aecon by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Aecon's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
Aecon Group Systematic Risk
Aecon's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Aecon volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Aecon Group correlated with the market. If Beta is less than 0 Aecon generally moves in the opposite direction as compared to the market. If Aecon Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Aecon Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Aecon is generally in the same direction as the market. If Beta > 1 Aecon moves generally in the same direction as, but more than the movement of the benchmark.
Aecon Group Total Assets Over Time
Today, most investors in Aecon Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Aecon's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Aecon growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Aecon help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Aecon Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Aecon Group based on widely used predictive technical indicators. In general, we focus on analyzing Aecon Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Aecon's daily price indicators and compare them against related drivers.
Aecon financial ratios help investors to determine whether Aecon Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Aecon with respect to the benefits of owning Aecon security.