ConocoPhillips Price To Sales vs. Net Income
| YCP Stock | EUR 97.76 0.45 0.46% |
For ConocoPhillips profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ConocoPhillips to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ConocoPhillips utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ConocoPhillips's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ConocoPhillips over time as well as its relative position and ranking within its peers.
ConocoPhillips |
ConocoPhillips Net Income vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ConocoPhillips's current stock value. Our valuation model uses many indicators to compare ConocoPhillips value to that of its competitors to determine the firm's financial worth. ConocoPhillips is rated below average in price to sales category among its peers. It is rated below average in net income category among its peers making up about 10,899,754,931 of Net Income per Price To Sales. 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 ConocoPhillips' earnings, one of the primary drivers of an investment's value.ConocoPhillips Net Income vs. Price To Sales
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.
ConocoPhillips |
| = | 1.71 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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
ConocoPhillips |
| = | 18.68 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
ConocoPhillips Net Income Comparison
ConocoPhillips is rated below average in net income category among its peers.
ConocoPhillips Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ConocoPhillips, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ConocoPhillips will eventually generate negative long term returns. The profitability progress is the general direction of ConocoPhillips' change in net profit over the period of time. It can combine multiple indicators of ConocoPhillips, 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.
ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas , and natural gas liquids worldwide. The company was founded in 1917 and is headquartered in Houston, Texas. ConocoPhillips operates under Oil Gas EP classification in Germany and is traded on Frankfurt Stock Exchange. It employs 10800 people.
ConocoPhillips Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ConocoPhillips. 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 ConocoPhillips 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 ConocoPhillips' important profitability drivers and their relationship over time.
Use ConocoPhillips 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 ConocoPhillips 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 ConocoPhillips will appreciate offsetting losses from the drop in the long position's value.ConocoPhillips Pair Trading
ConocoPhillips Pair Trading Analysis
The ability to find closely correlated positions to ConocoPhillips could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ConocoPhillips 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 ConocoPhillips - 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 ConocoPhillips to buy it.
The correlation of ConocoPhillips 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 ConocoPhillips moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ConocoPhillips 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 ConocoPhillips 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 ConocoPhillips position
In addition to having ConocoPhillips 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 ConocoPhillips Stock
When determining whether ConocoPhillips is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ConocoPhillips Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Conocophillips Stock. Highlighted below are key reports to facilitate an investment decision about Conocophillips Stock:Check out Your Current Watchlist. For more detail on how to invest in ConocoPhillips Stock please use our How to Invest in ConocoPhillips guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
To fully project ConocoPhillips' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ConocoPhillips 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 ConocoPhillips' income statement, its balance sheet, and the statement of cash flows.