Is Aakash Exploration Services (NSE:AAKASH) Using Too Much Debt?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Has the Indian Energy Services Industry valuation changed over the past few years?
|Sun, 28 Nov 2021||₹61.3b||₹23.0b||₹4.2b||15.5x|
|Tue, 26 Oct 2021||₹65.5b||₹21.4b||₹3.4b||22.9x|
|Thu, 23 Sep 2021||₹67.5b||₹19.2b||₹2.5b||23.5x|
|Sat, 21 Aug 2021||₹51.7b||₹20.8b||₹2.4b||17.3x|
|Sat, 05 Jun 2021||₹40.9b||₹19.1b||₹1.5b||23.6x|
|Tue, 09 Mar 2021||₹34.4b||₹18.5b||-₹4,499,305,378.00||20.3x|
|Mon, 30 Nov 2020||₹28.8b||₹18.9b||-₹4,728,360,720.00||13.9x|
|Thu, 03 Sep 2020||₹24.3b||₹17.8b||-₹4,855,630,360.00||10.3x|
|Sun, 07 Jun 2020||₹18.2b||₹19.5b||-₹3,956,756,173.00||7.7x|
|Sat, 29 Feb 2020||₹24.9b||₹22.5b||₹2.5b||6.6x|
|Tue, 03 Dec 2019||₹27.1b||₹22.7b||₹2.3b||6.3x|
|Fri, 06 Sep 2019||₹20.3b||₹22.8b||₹2.2b||4.9x|
|Mon, 10 Jun 2019||₹30.6b||₹23.2b||₹1.5b||14.2x|
|Sun, 03 Mar 2019||₹25.2b||₹23.6b||-₹1,451,046,557.00||5.4x|
|Wed, 05 Dec 2018||₹25.2b||₹23.2b||-₹1,064,430,144.00||10.2x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 12.0x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: Total earnings for the Energy Services industry have gone up over the last three years, and the industry is now profitable. Revenues have remained mostly flat. This means that the industry has become more efficient since profits are increasing while sales have been flat.
Which industries have driven the changes within the Indian Energy Services industry?
|Oil and Gas Services||-4.07%|
|Oil and Gas Drilling||-5.00%|
Industry PE: Investors are most optimistic about the Oil and Gas Services industry which is trading above its 3-year average PE ratio of 11.9x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Oil and Gas Drilling industry, which is trading below its 3-year average of 22.0x.
Forecasted Growth: There is insufficient data on the sub-industries of this industry.
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Aakash Exploration Services
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