Canacol Energy Current Valuation vs. EBITDA

CNE Stock  CAD 3.95  0.04  1.00%   
Based on the key profitability measurements obtained from Canacol Energy's financial statements, Canacol Energy is performing exceptionally good at this time. It has a great risk to showcase excellent profitability results in January. Profitability indicators assess Canacol Energy's ability to earn profits and add value for shareholders. As of the 13th of December 2024, Operating Cash Flow Sales Ratio is likely to grow to 0.32, while Price To Sales Ratio is likely to drop 0.54. At this time, Canacol Energy's Net Income Per Share is very stable compared to the past year. As of the 13th of December 2024, Income Quality is likely to grow to 1.16, though Total Other Income Expense Net is likely to grow to (168.2 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.510.8727
Way Down
Very volatile
For Canacol Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Canacol Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Canacol Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Canacol Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Canacol Energy over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Canacol Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canacol Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canacol Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Canacol Energy EBITDA vs. Current Valuation Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Canacol Energy's current stock value. Our valuation model uses many indicators to compare Canacol Energy value to that of its competitors to determine the firm's financial worth.
Canacol Energy is rated fourth in current valuation category among its peers. It is rated fifth in ebitda category among its peers totaling about  0.17  of EBITDA per Current Valuation. The ratio of Current Valuation to EBITDA for Canacol Energy is roughly  5.83 . At this time, Canacol Energy's EBITDA is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Canacol Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Canacol Energy'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.

Canacol Current Valuation vs. Competition

Canacol Energy is rated fourth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Energy industry is currently estimated at about 6.75 Billion. Canacol Energy retains roughly 1.07 Billion in current valuation claiming about 16% of equities under Energy industry.

Canacol EBITDA vs. Current Valuation

Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Canacol Energy

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
1.07 B
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.

Canacol Energy

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
183.71 M
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.

Canacol EBITDA Comparison

Canacol Energy is currently under evaluation in ebitda category among its peers.

Canacol Energy Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Canacol Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Canacol Energy will eventually generate negative long term returns. The profitability progress is the general direction of Canacol Energy's change in net profit over the period of time. It can combine multiple indicators of Canacol Energy, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income67.5 M70.8 M
Operating Income238 M249.9 M
Income Before Tax60.9 M64 M
Total Other Income Expense Net-177 M-168.2 M
Net Income86.2 M90.5 M
Income Tax Expense-25.3 M-24 M
Net Income From Continuing Ops86.2 M90.5 M
Net Income Applicable To Common Shares169.4 M177.8 M
Interest Income2.9 M2.8 M
Net Interest Income-53.1 M-55.8 M
Change To Netincome-129.2 M-122.7 M
Net Income Per Share 2.53  2.65 
Income Quality 1.11  1.16 
Net Income Per E B T 1.42  1.49 

Canacol Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Canacol Energy. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Canacol Energy position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Canacol Energy's important profitability drivers and their relationship over time.

Use Canacol Energy in pair-trading

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 Canacol Energy 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 Canacol Energy will appreciate offsetting losses from the drop in the long position's value.

Canacol Energy Pair Trading

Canacol Energy Pair Trading Analysis

The ability to find closely correlated positions to Canacol Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canacol Energy 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 Canacol Energy - 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 Canacol Energy to buy it.
The correlation of Canacol Energy 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 Canacol Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canacol Energy 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 Canacol Energy 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Canacol Energy position

In addition to having Canacol Energy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Climate Change Thematic Idea Now

Climate Change
Climate Change Theme
Large and medium sized entities that are committing to fully or partially replace some traditional services or products with renewables sources of energy in order to combat global climate change. The Climate Change theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Climate Change Theme or any other thematic opportunities.
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Other Information on Investing in Canacol Stock

To fully project Canacol Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Canacol Energy at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Canacol Energy's income statement, its balance sheet, and the statement of cash flows.
Potential Canacol Energy investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Canacol Energy investors may work on each financial statement separately, they are all related. The changes in Canacol Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Canacol Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.