Baker Return On Asset

BKR
 Stock
  

USD 29.09  0.22  0.76%   

Baker Hughes A fundamentals help investors to digest information that contributes to Baker Hughes' financial success or failures. It also enables traders to predict the movement of Baker Stock. The fundamental analysis module provides a way to measure Baker Hughes' 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 Baker Hughes stock. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
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As of 07/02/2022, Average Assets is likely to grow to about 42.4 B. Also, Tangible Asset Value is likely to grow to about 26.7 B.

Baker Return On Asset Analysis

Baker Hughes' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
 2019 2020 2021 (projected)
Long Term Debt to Equity0.290.520.45
Interest Coverage4.534.385.04
Return on Asset 
 = 
Net Income 
Total Assets 
X
100 
More About Return On Asset | All Equity Analysis

Current Baker Hughes Return On Asset

    
  2.92 %  
Most of Baker Hughes' fundamental indicators, such as Return On 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, Baker Hughes A is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Baker Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Baker Hughes is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Return On Asset. Since Baker Hughes' 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 Baker Hughes' 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 Baker Hughes' interrelated accounts and indicators.

Baker Return On Asset Historical Pattern

Today, most investors in Baker Hughes Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Baker Hughes' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's return on asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Baker Hughes return on asset as a starting point in their analysis.
 Baker Hughes Return On Asset 
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      Timeline 
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Baker Total Assets

Total Assets

41.78 Billion

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Baker Hughes Total Assets are relatively stable at the moment as compared to the past year. Baker Hughes reported last year Total Assets of 35.31 Billion
Based on the latest financial disclosure, Baker Hughes A has a Return On Asset of 2.92%. This is much higher than that of the Energy sector and 216.8% lower than that of the Oil & Gas Equipment & Services industry. The return on asset for all United States stocks is notably lower than that of the firm.

Baker Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Baker Hughes' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Baker Hughes could also be used in its relative valuation, which is a method of valuing Baker Hughes by comparing valuation metrics of similar companies.
Baker Hughes is currently under evaluation in return on asset category among related companies.

Baker Hughes Current Valuation Drivers

We derive many important indicators used in calculating different scores of Baker Hughes from analyzing Baker Hughes' financial statements. These drivers represent accounts that assess Baker Hughes' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Baker Hughes' important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee(1.14 K)2.96 K1.88 K(180.23 K)(4.06 K)(4.38 K)
Revenue Per Employee269.67 K346.62 K350.56 K375.43 K379.67 K347.98 K
Average Assets39.11 B53.84 B52.98 B37.52 B36.15 B42.38 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA1.18 B2.16 B2.27 B(7.8 B)1.94 B2.1 B
Earnings Before Interest Taxes and Depreciation Amortization USD1.18 B2.16 B2.27 B(7.8 B)1.94 B2.1 B
Earnings before Tax(58 M)453 M610 M(9.38 B)539 M581.55 M
Average Equity14.48 B14.82 B19.68 B11.8 B13.98 B13.62 B
Free Cash Flow(1.29 B)1.23 B1.15 B517 M1.83 B1.98 B
Invested Capital22.31 B20.49 B20.66 B20.91 B18.96 B19.6 B
Invested Capital Average14.63 B21.22 B21.27 B20.32 B19.36 B20.16 B
Tangible Asset Value30.21 B26 B27.3 B27.63 B25.22 B26.72 B
Working Capital9.2 B5.95 B5.21 B6.23 B5.94 B6.17 B

Baker Fundamentals

About Baker Hughes Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Baker Hughes A's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Baker Hughes using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Baker Hughes A 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.
Last ReportedProjected for 2022
Average Assets36.1 B42.4 B
Tangible Asset Value25.2 B26.7 B
Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain worldwide. The company was formerly known as Baker Hughes, a GE company and changed its name to Baker Hughes Company in October 2019. Baker Hughes operates under Oil Gas Equipment Services classification in the United States and is traded on NASDAQ Exchange. It employs 55000 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Baker Hughes without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Baker Hughes

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 Baker Hughes 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 Baker Hughes will appreciate offsetting losses from the drop in the long position's value.

Baker Hughes Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Baker Hughes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Baker Hughes 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 Baker Hughes - 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 Baker Hughes A to buy it.
The correlation of Baker Hughes is a statistical measure of how it moves in relation to other equities. 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 Baker Hughes moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baker Hughes A 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 Baker Hughes 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.
Pair CorrelationCorrelation Matching
Continue to Baker Hughes Piotroski F Score and Baker Hughes Altman Z Score analysis. Note that the Baker Hughes A information on this page should be used as a complementary analysis to other Baker Hughes' 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running Baker Hughes A price analysis, check to measure Baker Hughes' 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 Baker Hughes is operating at the current time. Most of Baker Hughes' value examination focuses on studying past and present price action to predict the probability of Baker Hughes' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Baker Hughes' price. Additionally, you may evaluate how the addition of Baker Hughes to your portfolios can decrease your overall portfolio volatility.
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Is Baker Hughes' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Baker Hughes. If investors know Baker will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Baker Hughes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.65
Market Capitalization
31.3 B
Quarterly Revenue Growth YOY
0.011
Return On Assets
0.0292
Return On Equity
0.021
The market value of Baker Hughes A is measured differently than its book value, which is the value of Baker that is recorded on the company's balance sheet. Investors also form their own opinion of Baker Hughes' value that differs from its market value or its book value, called intrinsic value, which is Baker Hughes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Baker Hughes' market value can be influenced by many factors that don't directly affect Baker Hughes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Baker Hughes' value and its price as these two are different measures arrived at by different means. Investors typically determine Baker Hughes value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baker Hughes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.