Enerflex Ltd Q3 2024 Earnings Call Highlights Strong Operational Performance and ...
EFXT Stock | USD 10.28 0.10 0.98% |
Slightly above 54% of Enerflex's private investors are presently thinking to get in. The current sentiment of investing in Enerflex suggests that some traders are interested. Enerflex's investing sentiment can be driven by a variety of factors including economic data, Enerflex's earnings reports, geopolitical events, and overall market trends.
Enerflex |
Revenue 601 million in Q3 2024, compared to 580 million in Q3 2023 and 614 million in Q2 2024.Gross Margin Before Depreciation and Amortization 176 milli
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Enerflex Fundamental Analysis
We analyze Enerflex's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Enerflex using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enerflex 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.
EBITDA
EBITDA Comparative Analysis
Enerflex is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Enerflex 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 Enerflex stock to make a market-neutral strategy. Peer analysis of Enerflex could also be used in its relative valuation, which is a method of valuing Enerflex by comparing valuation metrics with similar companies.
Peers
Enerflex Related Equities
MRC | MRC Global | 4.81 | ||||
AROC | Archrock | 2.73 | ||||
FET | Forum Energy | 2.29 | ||||
OIS | Oil States | 1.91 | ||||
VTOL | Bristow | 1.73 | ||||
DNOW | Now | 1.24 | ||||
GEOS | Geospace Technologies | 0.50 | ||||
NGS | Natural Gas | 0.11 |
Additional Tools for Enerflex Stock Analysis
When running Enerflex's price analysis, check to measure Enerflex'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 Enerflex is operating at the current time. Most of Enerflex's value examination focuses on studying past and present price action to predict the probability of Enerflex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enerflex's price. Additionally, you may evaluate how the addition of Enerflex to your portfolios can decrease your overall portfolio volatility.