Crescent Point Energy Stock Net Asset
| CPG Stock | CAD 11.72 0.04 0.34% |
Crescent Point Energy fundamentals help investors to digest information that contributes to Crescent Point's financial success or failures. It also enables traders to predict the movement of Crescent Stock. The fundamental analysis module provides a way to measure Crescent Point's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Crescent Point stock.
Crescent | Net Asset |
Crescent Point Energy Company Net Asset Analysis
Crescent Point's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Crescent Point Net Asset | 12.78 B |
Most of Crescent Point's fundamental indicators, such as Net Asset, 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 Net Asset 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 Net Asset. 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.
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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Crescent Total Assets
Total Assets |
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Based on the recorded statements, Crescent Point Energy has a Net Asset of 12.78 B. This is much higher than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The net asset for all Canada stocks is notably lower than that of the firm.
Crescent Net Asset 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 Net Asset 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 net asset 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.
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 Tomorrow | PairCorr |
| 0.56 | AMD | Advanced Micro Devices | PairCorr |
| 0.49 | VISA | Visa Inc CDR | 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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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