Evaluating Baker Hughes Against Peers In Energy Equipment & Services Industry
Portfolio Pulse from Benzinga Insights
Baker Hughes (NASDAQ:BKR) is evaluated against its peers in the Energy Equipment & Services industry. Key financial metrics indicate potential undervaluation with a P/E ratio of 20.66, P/B ratio of 2.28, and P/S ratio of 1.42, all below industry averages. However, its ROE of 3.41% is below the industry average. BKR's EBITDA and gross profit are significantly above the industry average, and it has a strong revenue growth of 23.69%. The company also has a lower debt-to-equity ratio compared to its top 4 peers, suggesting a strong financial position.
December 28, 2023 | 4:00 pm
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Baker Hughes exhibits potential undervaluation with lower P/E, P/B, and P/S ratios compared to industry averages, strong EBITDA and gross profit, and robust revenue growth. The company's lower debt-to-equity ratio indicates a solid financial position.
The financial metrics presented suggest that Baker Hughes is undervalued relative to its industry peers, which could attract investors looking for value stocks. The strong EBITDA and gross profit indicate good profitability and cash flow, which are positive signs for the company's financial health. The high revenue growth rate compared to the industry average suggests that the company is expanding its market share and could continue to outperform its peers. The lower debt-to-equity ratio is a sign of financial stability, which could further bolster investor confidence in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100