Engro Polymer Chemicals Stock Fundamentals
| EPCL Stock | 37.20 0.55 1.50% |
Engro Polymer Chemicals fundamentals help investors to digest information that contributes to Engro Polymer's financial success or failures. It also enables traders to predict the movement of Engro Stock. The fundamental analysis module provides a way to measure Engro Polymer'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 Engro Polymer stock.
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Engro Polymer Chemicals Company Total Debt Analysis
Engro Polymer's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current Engro Polymer Total Debt | 17.18 B |
Most of Engro Polymer's fundamental indicators, such as Total Debt, 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, Engro Polymer Chemicals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
| Competition |
Based on the latest financial disclosure, Engro Polymer Chemicals has a Total Debt of 17.18 B. This is much higher than that of the Basic Materials sector and 258.4% higher than that of the Chemicals industry. The total debt for all Pakistan stocks is significantly lower than that of the firm.
Engro Polymer Chemicals Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Engro Polymer's current stock value. Our valuation model uses many indicators to compare Engro Polymer value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Engro Polymer competition to find correlations between indicators driving Engro Polymer's intrinsic value. More Info.Engro Polymer Chemicals is rated # 3 in revenue category among its peers. It also is rated # 3 in ebitda category among its peers totaling about 0.34 of EBITDA per Revenue. The ratio of Revenue to EBITDA for Engro Polymer Chemicals is roughly 2.93 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Engro Polymer by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Engro Polymer'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. Engro Polymer Chemicals is rated # 2 in total debt category among its peers. Total debt of Chemicals industry is currently estimated at about 34.35 Billion. Engro Polymer totals roughly 17.18 Billion in total debt claiming about 50% of stocks in Chemicals industry.Engro Fundamentals
| Revenue | 70.02 B | |||
| EBITDA | 23.88 B | |||
| Net Income | 15.06 B | |||
| Total Debt | 17.18 B | |||
| Cash Flow From Operations | 14.57 B | |||
| Total Asset | 77.97 B | |||
| Net Asset | 77.97 B |
About Engro Polymer Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Engro Polymer Chemicals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Engro Polymer using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Engro Polymer Chemicals 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 Engro Polymer
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 Engro Polymer 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 Engro Polymer will appreciate offsetting losses from the drop in the long position's value.Moving together with Engro Stock
The ability to find closely correlated positions to Engro Polymer could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Engro Polymer 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 Engro Polymer - 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 Engro Polymer Chemicals to buy it.
The correlation of Engro Polymer 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 Engro Polymer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Engro Polymer Chemicals 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 Engro Polymer 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.Other Information on Investing in Engro Stock
Engro Polymer financial ratios help investors to determine whether Engro 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 Engro with respect to the benefits of owning Engro Polymer security.