Core Laboratories Price to Earnings To Growth

CLB
 Stock
  

USD 20.13  1.55  7.15%   

Core Laboratories NV fundamentals help investors to digest information that contributes to Core Laboratories' financial success or failures. It also enables traders to predict the movement of Core Laboratories Stock. The fundamental analysis module provides a way to measure Core Laboratories' 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 Core Laboratories 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.
  
The current year Earnings Before Interest Taxes and Depreciation Amortization EBITDA is expected to grow to about 65 M. The current year Earnings before Tax is expected to grow to about 36.6 M.

Core Laboratories Price to Earnings To Growth Analysis

Core Laboratories' PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
 2019 2020 2021 2022 (projected)
Interest Expense14.69 M14.37 M9.15 M11.44 M
Gross Profit172.63 M112.5 M102.36 M157.06 M
PEG Ratio 
 = 
PE Ratio 
EPS Growth 
More About Price to Earnings To Growth | All Equity Analysis

Current Core Laboratories Price to Earnings To Growth

    
  0.53 X  
Most of Core Laboratories' fundamental indicators, such as Price to Earnings To Growth, 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, Core Laboratories NV is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Core Laboratories Price to Earnings To Growth Driver Correlations

Understanding the fundamental principles of building solid financial models for Core Laboratories is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Price to Earnings To Growth. Since Core Laboratories' 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 Core Laboratories' 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 Core Laboratories' interrelated accounts and indicators.
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
Compare to competition

Based on the latest financial disclosure, the price to earnings to growth indicator of Core Laboratories NV is roughly 0.5292 times. This is 97.0% lower than that of the Energy Equipment & Services sector and 91.92% lower than that of the Energy industry. The price to earnings to growth for all United States stocks is 89.18% higher than that of the company.

Core Laboratories Price to Earnings To Growth Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Core Laboratories' direct or indirect competition against its Price to Earnings To Growth to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Core Laboratories could also be used in its relative valuation, which is a method of valuing Core Laboratories by comparing valuation metrics of similar companies.
Core Laboratories is currently under evaluation in price to earnings to growth category among related companies.

Core Laboratories Current Valuation Drivers

We derive many important indicators used in calculating different scores of Core Laboratories from analyzing Core Laboratories' financial statements. These drivers represent accounts that assess Core Laboratories' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Core Laboratories' important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Average Assets582.93 M629.33 M783.91 M605.11 M587.5 M674.84 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA136.63 M141.39 M126.99 M(56.5 M)63.29 M64.95 M
Earnings Before Interest Taxes and Depreciation Amortization USD136.63 M141.39 M126.99 M(56.5 M)63.29 M64.95 M
Earnings before Tax101.37 M104.97 M89.69 M(91.74 M)35.62 M36.56 M
Average Equity147.78 M153.9 M184.88 M66.74 M151.23 M138.05 M
Enterprise Value5.06 B2.92 B2.03 B1.5 B1.27 B1.3 B
Free Cash Flow105.82 M89.78 M67.97 M47.22 M23.4 M24.02 M
Invested Capital508.38 M590.47 M802.9 M683.97 M615.05 M677.71 M
Invested Capital Average507.54 M568.48 M791.85 M711.4 M630.07 M676.48 M
Market Capitalization4.84 B2.64 B1.67 B1.18 B1.03 B1.06 B
Tangible Asset Value396.37 M416.36 M543.8 M460.55 M473.27 M512.29 M
Working Capital106.85 M128.43 M109.64 M76.1 M98.27 M103.68 M

Core Laboratories Fundamentals

About Core Laboratories Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Core Laboratories NV's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Core Laboratories using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Core Laboratories NV 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
Earnings Before Interest Taxes and Depreciation Amortization EBITDA63.3 M65 M
Earnings before Tax35.6 M36.6 M

Core Laboratories Investors Sentiment

The influence of Core Laboratories' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Core Laboratories. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Core Laboratories' public news can be used to forecast risks associated with investment in Core Laboratories. The trend in average sentiment can be used to explain how an investor holding Core Laboratories can time the market purely based on public headlines and social activities around Core Laboratories NV. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Core Laboratories' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Core Laboratories' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Core Laboratories' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Core Laboratories.
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 Core Laboratories 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, Core Laboratories' short interest history, or implied volatility extrapolated from Core Laboratories options trading.

Pair Trading with Core Laboratories

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 Core Laboratories 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 Core Laboratories will appreciate offsetting losses from the drop in the long position's value.

Moving together with Core Laboratories

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The ability to find closely correlated positions to Core Laboratories could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Core Laboratories 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 Core Laboratories - 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 Core Laboratories NV to buy it.
The correlation of Core Laboratories 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 Core Laboratories moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Core Laboratories 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 Core Laboratories 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 Core Laboratories Piotroski F Score and Core Laboratories Altman Z Score analysis. You can also try ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

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Is Core Laboratories' 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 Core Laboratories. If investors know Core Laboratories 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 Core Laboratories 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
7.47
Market Capitalization
965 M
Quarterly Revenue Growth YOY
0.068
Return On Assets
0.044
Return On Equity
9.19
The market value of Core Laboratories is measured differently than its book value, which is the value of Core Laboratories that is recorded on the company's balance sheet. Investors also form their own opinion of Core Laboratories' value that differs from its market value or its book value, called intrinsic value, which is Core Laboratories' 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 Core Laboratories' market value can be influenced by many factors that don't directly affect Core Laboratories' 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 Core Laboratories' value and its price as these two are different measures arrived at by different means. Investors typically determine Core Laboratories value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Core Laboratories' 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.