Crescent Point Energy Stock Current Valuation
| CPG Stock | CAD 11.72 0.04 0.34% |
Valuation analysis of Crescent Point Energy helps investors to measure Crescent Point's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. At this time, Crescent Point's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 14th of May 2024, Enterprise Value Multiple is likely to grow to 4.12, while Enterprise Value is likely to drop about 5.4 B. Fundamental drivers impacting Crescent Point's valuation include:
Price Book 1.0896 | Enterprise Value 11.1 B | Enterprise Value Ebitda 4.9804 | Price Sales 2.3458 | Forward PE 8.4388 |
Undervalued
Today
Please note that Crescent Point's price fluctuation is not too volatile at this time. Calculation of the real value of Crescent Point Energy is based on 3 months time horizon. Increasing Crescent Point's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Crescent Point Energy is useful when determining the fair value of the Crescent stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Crescent Point. Since Crescent Point is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Crescent Stock. However, Crescent Point's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 11.72 | Real 13.34 | Hype 11.76 | Naive 11.9 |
The real value of Crescent Stock, also known as its intrinsic value, is the underlying worth of Crescent Point Energy Company, which is reflected in its stock price. It is based on Crescent Point's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Crescent Point's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Crescent Point's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Crescent Point Energy helps investors to forecast how Crescent stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Crescent Point more accurately as focusing exclusively on Crescent Point's fundamentals will not take into account other important factors: Crescent Point Energy Company Current Valuation Analysis
Crescent Point's 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.
Current Crescent Point Current Valuation | 11.09 B |
Most of Crescent Point's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Crescent Point Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Crescent Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Crescent Point is extremely important. It helps to project a fair market value of Crescent Stock properly, considering its historical fundamentals such as Current Valuation. Since Crescent Point's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Crescent Point's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Crescent Point's interrelated accounts and indicators.
Click cells to compare fundamentals
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.
| Competition |
In accordance with the recently published financial statements, Crescent Point Energy has a Current Valuation of 11.09 B. This is 71.57% lower than that of the Oil, Gas & Consumable Fuels sector and 20.62% higher than that of the Energy industry. The current valuation for all Canada stocks is 33.29% higher than that of the company.
Crescent Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Crescent Point's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Crescent Point could also be used in its relative valuation, which is a method of valuing Crescent Point by comparing valuation metrics of similar companies.Crescent Point is currently under evaluation in current valuation category among related companies.
Crescent Point Current Valuation Drivers
We derive many important indicators used in calculating different scores of Crescent Point from analyzing Crescent Point's financial statements. These drivers represent accounts that assess Crescent Point's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Crescent Point's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 2.3B | 3.2B | 1.6B | 5.5B | 5.0B | 4.1B | |
| Enterprise Value | 6.6B | 6.2B | 4.0B | 6.8B | 8.7B | 5.4B |
Crescent Point ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Crescent Point's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Crescent Point's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Crescent Fundamentals
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0684 | |||
| Profit Margin | 0.18 % | |||
| Operating Margin | 0.47 % | |||
| Current Valuation | 11.09 B | |||
| Shares Outstanding | 619.95 M | |||
| Shares Owned By Insiders | 0.49 % | |||
| Shares Owned By Institutions | 47.72 % | |||
| Number Of Shares Shorted | 10.95 M | |||
| Price To Earning | 3.61 X | |||
| Price To Book | 1.09 X | |||
| Price To Sales | 2.35 X | |||
| Revenue | 3.19 B | |||
| Gross Profit | 3.04 B | |||
| EBITDA | 2.14 B | |||
| Net Income | 570.3 M | |||
| Cash And Equivalents | 15.9 M | |||
| Cash Per Share | 0.03 X | |||
| Total Debt | 380 M | |||
| Debt To Equity | 0.25 % | |||
| Current Ratio | 0.59 X | |||
| Book Value Per Share | 11.08 X | |||
| Cash Flow From Operations | 2.2 B | |||
| Short Ratio | 3.09 X | |||
| Earnings Per Share | 1.46 X | |||
| Price To Earnings To Growth | (1.03) X | |||
| Target Price | 14.57 | |||
| Number Of Employees | 777 | |||
| Beta | 2.84 | |||
| Market Capitalization | 7.4 B | |||
| Total Asset | 12.78 B | |||
| Retained Earnings | (10.2 B) | |||
| Working Capital | (323.5 M) | |||
| Current Asset | 847.3 M | |||
| Current Liabilities | 836.1 M | |||
| Annual Yield | 0.04 % | |||
| Five Year Return | 2.56 % | |||
| Net Asset | 12.78 B | |||
| Last Dividend Paid | 0.4 |
About Crescent Point Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Crescent Point Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Crescent Point using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Crescent Point Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Crescent Point in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Crescent Point's short interest history, or implied volatility extrapolated from Crescent Point options trading.
Pair Trading with Crescent Point
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 Crescent Point 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 Crescent Point will appreciate offsetting losses from the drop in the long position's value.Moving together with Crescent Stock
| 0.85 | ENB-PFC | Enbridge Pref 11 | PairCorr |
| 0.71 | ENB-PFU | Enbridge Pref L | PairCorr |
Moving against Crescent Stock
| 0.64 | TSLA | Tesla Inc CDR | PairCorr |
| 0.59 | HD | HOME DEPOT CDR Earnings Call This Week | PairCorr |
| 0.49 | VISA | Visa Inc CDR | PairCorr |
| 0.47 | AMD | Advanced Micro Devices | PairCorr |
The ability to find closely correlated positions to Crescent Point could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crescent Point 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 Crescent Point - 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 Crescent Point Energy to buy it.
The correlation of Crescent Point 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 Crescent Point moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crescent Point Energy 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 Crescent Point 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crescent Point Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Crescent Point Energy information on this page should be used as a complementary analysis to other Crescent Point's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Crescent Stock analysis
When running Crescent Point's price analysis, check to measure Crescent Point's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Crescent Point is operating at the current time. Most of Crescent Point's value examination focuses on studying past and present price action to predict the probability of Crescent Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crescent Point's price. Additionally, you may evaluate how the addition of Crescent Point to your portfolios can decrease your overall portfolio volatility.
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