Crescent Point Energy Stock Price To Sales
| CPG Stock | CAD 11.76 0.17 1.42% |
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.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 1.57 | 1.49 |
Crescent | Price To Sales |
Crescent Point Energy Company Price To Sales Analysis
Crescent Point's 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.
Current Crescent Point Price To Sales | 2.35 X |
Most of Crescent Point's fundamental indicators, such as Price To Sales, 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 Price To Sales 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 Price To Sales. 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
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.
| Competition |
Crescent Price To Sales Ratio
Price To Sales Ratio |
|
Based on the latest financial disclosure, Crescent Point Energy has a Price To Sales of 2.3458 times. This is 33.28% higher than that of the Oil, Gas & Consumable Fuels sector and 15.01% lower than that of the Energy industry. The price to sales for all Canada stocks is 79.46% higher than that of the company.
Crescent Price To Sales 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 Price To Sales 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 price to sales 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
| 0.77 | SBIO | Sabio Holdings | PairCorr |
| 0.73 | DYA | DynaCERT | 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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.
| Stocks Directory Find actively traded stocks across global markets | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |