Tidewater Midstream Current Valuation vs. Price To Sales
| TWM Stock | CAD 0.12 0.01 7.69% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.0256 | 0.027 |
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For Tidewater Midstream profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tidewater Midstream to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tidewater Midstream and utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tidewater Midstream's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tidewater Midstream and over time as well as its relative position and ranking within its peers.
Tidewater |
Tidewater Midstream and Price To Sales vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tidewater Midstream's current stock value. Our valuation model uses many indicators to compare Tidewater Midstream value to that of its competitors to determine the firm's financial worth. Tidewater Midstream and is rated fourth in current valuation category among its peers. It is rated below average in price to sales category among its peers . The ratio of Current Valuation to Price To Sales for Tidewater Midstream and is about 22,887,111,111 . At this time, Tidewater Midstream's Price To Sales Ratio is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Tidewater Midstream by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Tidewater Midstream'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.Tidewater Current Valuation vs. Competition
Tidewater Midstream and is rated fourth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Energy industry is at this time estimated at about 371.15 Billion. Tidewater Midstream adds roughly 617.95 Million in current valuation claiming only tiny portion of equities under Energy industry.
Tidewater Price To Sales 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.
Tidewater Midstream |
| = | 617.95 M |
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.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Tidewater Midstream |
| = | 0.03 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Tidewater Price To Sales Comparison
Tidewater Midstream is currently under evaluation in price to sales category among its peers.
Tidewater Midstream Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tidewater Midstream, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tidewater Midstream will eventually generate negative long term returns. The profitability progress is the general direction of Tidewater Midstream's change in net profit over the period of time. It can combine multiple indicators of Tidewater Midstream, 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 | 18 M | 10.3 M | |
| Interest Income | 27.5 M | 19.9 M | |
| Operating Income | -5.6 M | -5.3 M | |
| Net Loss | -399.2 M | -379.2 M | |
| Income Before Tax | -450.2 M | -427.7 M | |
| Total Other Income Expense Net | -444.6 M | -422.4 M | |
| Net Income Applicable To Common Shares | 9.8 M | 13.2 M | |
| Net Loss | -385.9 M | -366.6 M | |
| Income Tax Expense | -51 M | -48.5 M | |
| Net Interest Income | -98.7 M | -93.8 M | |
| Change To Netincome | 119.7 M | 125.7 M | |
| Net Loss | (0.91) | (0.86) | |
| Income Quality | (0.36) | (0.34) | |
| Net Income Per E B T | 0.86 | 0.60 |
Tidewater Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tidewater Midstream. 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 Tidewater Midstream 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 Tidewater Midstream's important profitability drivers and their relationship over time.
Use Tidewater Midstream 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 Tidewater Midstream 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 Tidewater Midstream will appreciate offsetting losses from the drop in the long position's value.Tidewater Midstream Pair Trading
Tidewater Midstream and Pair Trading Analysis
The ability to find closely correlated positions to Tidewater Midstream could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tidewater Midstream 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 Tidewater Midstream - 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 Tidewater Midstream and to buy it.
The correlation of Tidewater Midstream 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 Tidewater Midstream moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tidewater Midstream and 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 Tidewater Midstream 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 Tidewater Midstream position
In addition to having Tidewater Midstream 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 Aggressive Funds Thematic Idea Now
Aggressive Funds
Funds or Etfs that attempt to achieve high capital gains by investing in companies with high growth potential and above average risk. The Aggressive Funds 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 Aggressive Funds Theme or any other thematic opportunities.
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Other Information on Investing in Tidewater Stock
To fully project Tidewater Midstream's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Tidewater Midstream and 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 Tidewater Midstream's income statement, its balance sheet, and the statement of cash flows.