Woodside Energy Book Value Per Share vs. Revenue
| WOP0 Stock | 14.02 0.05 0.36% |
For Woodside Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Woodside Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Woodside Energy Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Woodside Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Woodside Energy Group over time as well as its relative position and ranking within its peers.
Woodside |
Woodside Energy Group Revenue vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Woodside Energy's current stock value. Our valuation model uses many indicators to compare Woodside Energy value to that of its competitors to determine the firm's financial worth. Woodside Energy Group is rated below average in book value per share category among its peers. It is rated below average in revenue category among its peers totaling about 878,768,900 of Revenue per Book Value Per Share. 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 Woodside Energy's earnings, one of the primary drivers of an investment's value.Woodside Revenue vs. Book Value Per Share
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
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| = | 19.14 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
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.
Woodside Energy |
| = | 16.82 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.
Woodside Revenue vs Competition
Woodside Energy Group is rated below average in revenue category among its peers. Market size based on revenue of Oil & Gas E&P industry is at this time estimated at about 1.31 Trillion. Woodside Energy claims roughly 16.82 Billion in revenue contributing just under 2% to all equities under Oil & Gas E&P industry.
Woodside Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Woodside 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 Woodside 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 Woodside Energy's important profitability drivers and their relationship over time.
Use Woodside 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 Woodside 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 Woodside Energy will appreciate offsetting losses from the drop in the long position's value.Woodside Energy Pair Trading
Woodside Energy Group Pair Trading Analysis
The ability to find closely correlated positions to Woodside 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 Woodside 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 Woodside 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 Woodside Energy Group to buy it.
The correlation of Woodside 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 Woodside Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Woodside Energy Group 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 Woodside 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.Use Investing Themes to Complement your Woodside Energy position
In addition to having Woodside 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?
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Additional Information and Resources on Investing in Woodside Stock
When determining whether Woodside Energy Group is a strong investment it is important to analyze Woodside 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 Woodside Energy's future performance. For an informed investment choice regarding Woodside Stock, refer to the following important reports:Check out Your Current Watchlist. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
To fully project Woodside Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Woodside Energy Group 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 Woodside Energy's income statement, its balance sheet, and the statement of cash flows.