Helmerich Payne Return On Equity vs. Current Valuation
| HPC Stock | EUR 32.64 0.21 0.65% |
For Helmerich Payne profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Helmerich Payne to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Helmerich Payne utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Helmerich Payne's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Helmerich Payne over time as well as its relative position and ranking within its peers.
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Helmerich Payne Current Valuation vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Helmerich Payne's current stock value. Our valuation model uses many indicators to compare Helmerich Payne value to that of its competitors to determine the firm's financial worth. Helmerich Payne is one of the top stocks in return on equity category among its peers. It also is rated as one of the top companies in current valuation category among its peers reporting about 89,908,929,123 of Current Valuation per Return On Equity. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Helmerich Payne's earnings, one of the primary drivers of an investment's value.Helmerich Current Valuation vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
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| = | 0.0559 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
Helmerich Payne |
| = | 5.03 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.
Helmerich Current Valuation vs Competition
Helmerich Payne is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Oil & Gas Drilling industry is currently estimated at about 28.56 Billion. Helmerich Payne retains roughly 5.03 Billion in current valuation claiming about 18% of all equities under Oil & Gas Drilling industry.
Helmerich Payne Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Helmerich Payne, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Helmerich Payne will eventually generate negative long term returns. The profitability progress is the general direction of Helmerich Payne's change in net profit over the period of time. It can combine multiple indicators of Helmerich Payne, 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.
Helmerich Payne, Inc. primarily engages in drilling oil and gas wells for exploration and production companies. Helmerich Payne, Inc. was founded in 1920 and is headquartered in Tulsa, Oklahoma. Helmerich Payne operates under Oil Gas Drilling classification in Germany and is traded on Frankfurt Stock Exchange. It employs 9765 people.
Helmerich Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Helmerich Payne. 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 Helmerich Payne 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 Helmerich Payne's important profitability drivers and their relationship over time.
Use Helmerich Payne 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 Helmerich Payne 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 Helmerich Payne will appreciate offsetting losses from the drop in the long position's value.Helmerich Payne Pair Trading
Helmerich Payne Pair Trading Analysis
The ability to find closely correlated positions to Helmerich Payne could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Helmerich Payne 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 Helmerich Payne - 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 Helmerich Payne to buy it.
The correlation of Helmerich Payne 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 Helmerich Payne moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Helmerich Payne 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 Helmerich Payne 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 Helmerich Payne position
In addition to having Helmerich Payne 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?
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Chemicals Makers
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Other Information on Investing in Helmerich Stock
To fully project Helmerich Payne's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Helmerich Payne 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 Helmerich Payne's income statement, its balance sheet, and the statement of cash flows.