Financial data analysis helps to confirm if markets are presently mispricing Parkland Fuel. We were able to collect and analyze data for thirty-nine available financial ratios for Parkland Fuel, which can be compared to its competitors. The stock experiences a normal downward trend and little activity. Check odds of Parkland Fuel to be traded at C$36.5 in 90 days. Key indicators impacting Parkland Fuel's financial strength include:
Parkland Fuel competes with Keyera Corp, Gibson Energy, TFI International, Pembina Pipeline, and Exchange Income. Parkland Corporation operates as a marketer, distributor, and refiner of fuel and petroleum products in Canada, the United States, and internationally. The company was founded in 1977 and is headquartered in Calgary, Canada. PARKLAND FUEL operates under Oil Gas Refining Marketing classification in Canada and is traded on Toronto Stock Exchange. It employs 4635 people.
Foreign Associate
USA
Specialization
Consumer Discretionary, Consumer Discretionary Distribution & Retail
You should never invest in Parkland Fuel without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Parkland Stock, because this is throwing your money away. Analyzing the key information contained in Parkland Fuel's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Parkland Fuel Key Financial Ratios
Parkland Fuel's financial ratios allow both analysts and investors to convert raw data from Parkland Fuel's financial statements into concise, actionable information that can be used to evaluate the performance of Parkland Fuel over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Parkland Fuel's current stock value. Our valuation model uses many indicators to compare Parkland Fuel value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Parkland Fuel competition to find correlations between indicators driving Parkland Fuel's intrinsic value. More Info.
Parkland Fuel is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.86 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Parkland Fuel is roughly 1.16 . At this time, Parkland Fuel'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 Parkland Fuel by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Parkland Fuel'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.
Parkland Fuel Systematic Risk
Parkland Fuel's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Parkland Fuel 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 Parkland Fuel correlated with the market. If Beta is less than 0 Parkland Fuel generally moves in the opposite direction as compared to the market. If Parkland Fuel Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Parkland Fuel is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Parkland Fuel is generally in the same direction as the market. If Beta > 1 Parkland Fuel moves generally in the same direction as, but more than the movement of the benchmark.
Parkland Fuel Total Assets Over Time
Today, most investors in Parkland Fuel Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Parkland Fuel'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 Parkland Fuel growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Parkland Fuel help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Parkland Fuel. We use our internally-developed statistical techniques to arrive at the intrinsic value of Parkland Fuel based on widely used predictive technical indicators. In general, we focus on analyzing Parkland Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Parkland Fuel's daily price indicators and compare them against related drivers.
Parkland Fuel financial ratios help investors to determine whether Parkland 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 Parkland with respect to the benefits of owning Parkland Fuel security.