Engro Fertilizers reports strong 3Q2024 earnings despite yearly decline - Profit by Pakistan Today
EFERT Stock | 220.19 1.62 0.74% |
About 51% of Engro Fertilizers' investor base is interested to short. The analysis of current outlook of investing in Engro Fertilizers suggests that many traders are impartial regarding Engro Fertilizers' prospects. Engro Fertilizers' investing sentiment shows overall attitude of investors towards Engro Fertilizers.
Engro |
Engro Fertilizers reports strong 3Q2024 earnings despite yearly decline Profit by Pakistan Today
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Engro Fertilizers Fundamental Analysis
We analyze Engro Fertilizers' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Engro Fertilizers using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Engro Fertilizers 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.
Total Asset
Total Asset Comparative Analysis
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Engro Fertilizers Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Engro Fertilizers stock to make a market-neutral strategy. Peer analysis of Engro Fertilizers could also be used in its relative valuation, which is a method of valuing Engro Fertilizers by comparing valuation metrics with similar companies.
Peers
Engro Fertilizers Related Equities
SHFA | Shifa International | 6.40 | ||||
PAKRI | Pakistan Reinsurance | 1.99 | ||||
TPLI | TPL Insurance | 0.47 | ||||
SITC | Sitara Chemical | 2.66 | ||||
UVIC | Universal Insurance | 6.04 |
Other Information on Investing in Engro Stock
Engro Fertilizers 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 Fertilizers security.