Hess Return On Asset vs. Revenue
| HES Stock | USD 130.56 0.90 0.69% |
For Hess profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hess to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hess Corporation utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hess's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hess Corporation over time as well as its relative position and ranking within its peers.
Hess |
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hess. If investors know Hess will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hess listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.01) | Dividend Share 1.813 | Earnings Share 8.58 | Revenue Per Share 40.652 | Quarterly Revenue Growth 0.133 |
The market value of Hess is measured differently than its book value, which is the value of Hess that is recorded on the company's balance sheet. Investors also form their own opinion of Hess' value that differs from its market value or its book value, called intrinsic value, which is Hess' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hess' market value can be influenced by many factors that don't directly affect Hess' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hess' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hess is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hess' 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.
Hess Revenue vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hess's current stock value. Our valuation model uses many indicators to compare Hess value to that of its competitors to determine the firm's financial worth. Hess Corporation is rated # 3 in return on asset category among its peers. It is rated # 5 in revenue category among its peers totaling about 91,241,319,444 of Revenue per Return On Asset. At this time, Hess' Total Revenue is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Hess by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Hess Revenue vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Hess |
| = | 0.12 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Hess |
| = | 10.51 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Hess Revenue vs Competition
Hess Corporation is rated # 5 in revenue category among its peers. Market size based on revenue of Energy industry is currently estimated at about 189.63 Billion. Hess holds roughly 10.51 Billion in revenue claiming about 6% of equities under Energy industry.
Hess Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hess, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hess will eventually generate negative long term returns. The profitability progress is the general direction of Hess' change in net profit over the period of time. It can combine multiple indicators of Hess, 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -134 M | -140.7 M | |
| Operating Income | 5 B | 5.3 B | |
| Income Before Tax | 2.5 B | 2.6 B | |
| Total Other Income Expense Net | -2.6 B | -2.4 B | |
| Net Income | 1.4 B | 1.5 B | |
| Income Tax Expense | 733 M | 546.9 M | |
| Net Income Applicable To Common Shares | 2 B | 2.1 B | |
| Net Income From Continuing Ops | 1.8 B | 1.9 B | |
| Interest Income | 567 M | 438.1 M | |
| Net Interest Income | -486 M | -510.3 M | |
| Non Operating Income Net Other | -61 M | -64 M | |
| Change To Netincome | 990.1 M | 603.8 M | |
| Net Income Per Share | 4.52 | 4.74 | |
| Income Quality | 2.85 | 2.71 | |
| Net Income Per E B T | 0.56 | 0.72 |
Hess Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hess. 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 Hess 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 Hess' important profitability drivers and their relationship over time.
Use Hess 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 Hess 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 Hess will appreciate offsetting losses from the drop in the long position's value.Hess Pair Trading
Hess Corporation Pair Trading Analysis
The ability to find closely correlated positions to Hess could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hess 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 Hess - 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 Hess Corporation to buy it.
The correlation of Hess 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 Hess moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hess 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 Hess 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.Use Investing Themes to Complement your Hess position
In addition to having Hess 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.Did You Try This Idea?
Run Asset Allocation ETFs Thematic Idea Now
Asset Allocation ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Asset Allocation ETFs theme has 145 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 Asset Allocation ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Hess Stock Analysis
When running Hess' price analysis, check to measure Hess' 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 Hess is operating at the current time. Most of Hess' value examination focuses on studying past and present price action to predict the probability of Hess' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hess' price. Additionally, you may evaluate how the addition of Hess to your portfolios can decrease your overall portfolio volatility.