KLX Energy Price To Book vs. Market Capitalization

KLXE Stock  USD 4.64  0.08  1.75%   
Based on the key profitability measurements obtained from KLX Energy's financial statements, KLX Energy Services is performing exceptionally good at this time. It has a great probability to showcase excellent profitability results in January. Profitability indicators assess KLX Energy's ability to earn profits and add value for shareholders. At present, KLX Energy's Operating Cash Flow Sales Ratio is projected to increase slightly based on the last few years of reporting. The current year's Days Of Sales Outstanding is expected to grow to 82.16, whereas EV To Sales is forecasted to decline to 0.46. At present, KLX Energy's Income Before Tax is projected to increase significantly based on the last few years of reporting. The current year's Net Income is expected to grow to about 20.2 M, whereas Net Interest Income is forecasted to decline to (36.4 M).
For KLX Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of KLX Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well KLX Energy Services utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between KLX Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of KLX Energy Services over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Is Oil & Gas Equipment & Services 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 KLX Energy. If investors know KLX 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 KLX Energy 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
(0.51)
Earnings Share
(2.98)
Revenue Per Share
45.556
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.01)
The market value of KLX Energy Services is measured differently than its book value, which is the value of KLX that is recorded on the company's balance sheet. Investors also form their own opinion of KLX Energy's value that differs from its market value or its book value, called intrinsic value, which is KLX Energy's 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 KLX Energy's market value can be influenced by many factors that don't directly affect KLX Energy's 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 KLX Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if KLX Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KLX 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.

KLX Energy Services Market Capitalization vs. Price To Book Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining KLX Energy's current stock value. Our valuation model uses many indicators to compare KLX Energy value to that of its competitors to determine the firm's financial worth.
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KLX Energy Services is currently regarded as number one stock in price to book category among its peers. It is rated below average in market capitalization category among its peers creating about  2,543,850  of Market Capitalization per Price To Book. At present, KLX Energy's Market Cap is projected to decrease significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value KLX Energy 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.

KLX Market Capitalization vs. Price To Book

Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

KLX Energy

P/B

 = 

MV Per Share

BV Per Share

 = 
30.75 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

KLX Energy

Market Cap

 = 

Shares Outstanding

X

Share Price

 = 
78.23 M
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.

KLX Market Capitalization vs Competition

KLX Energy Services is rated below average in market capitalization category among its peers. Market capitalization of Energy industry is now estimated at about 32.03 Billion. KLX Energy adds roughly 78.23 Million in market capitalization claiming only tiny portion of equities under Energy industry.
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Capitalization  Workforce  Valuation  Revenue  Total debt

KLX Energy Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in KLX Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, KLX Energy will eventually generate negative long term returns. The profitability progress is the general direction of KLX Energy's change in net profit over the period of time. It can combine multiple indicators of KLX 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
Operating Income56.9 M59.7 M
Income Before Tax22.2 M23.3 M
Total Other Income Expense Net-34.7 M-36.4 M
Net Income19.2 M20.2 M
Income Tax ExpenseM3.1 M
Net Interest Income-34.7 M-36.4 M
Net Income From Continuing Ops19.2 M20.2 M
Interest Income1.8 M990 K
Net Income Per Share 1.23  1.29 
Income Quality 6.02  6.32 
Net Income Per E B T 0.86  0.80 

KLX Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on KLX 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 KLX 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 KLX Energy's important profitability drivers and their relationship over time.

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

KLX Energy Pair Trading

KLX Energy Services Pair Trading Analysis

The ability to find closely correlated positions to KLX 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 KLX 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 KLX 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 KLX Energy Services to buy it.
The correlation of KLX 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 KLX Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KLX Energy Services 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 KLX 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 KLX Energy position

In addition to having KLX 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.

Did You Try This Idea?

Run Office Supplies Thematic Idea Now

Office Supplies
Office Supplies Theme
Companies producing and selling office supplies, and accessories. The Office Supplies theme has 43 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 Office Supplies Theme or any other thematic opportunities.
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When determining whether KLX Energy Services is a strong investment it is important to analyze KLX Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact KLX Energy's future performance. For an informed investment choice regarding KLX Stock, refer to the following important reports:
Check out Correlation Analysis.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
To fully project KLX Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of KLX Energy Services 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 KLX Energy's income statement, its balance sheet, and the statement of cash flows.
Potential KLX Energy investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although KLX Energy investors may work on each financial statement separately, they are all related. The changes in KLX Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on KLX 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.