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Encana Corporation (NYSE: ECA) – Is this large market cap stock undervalued?

Encana Corporation (NYSE: ECA), is firmly in the large market cap category with market cap of 10511.82. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for Encana Corporation is 11.16 (with a change from open of 2.29%), this in conjunction with a target price of 11.95. Volume today has so far reached 9233584, with an average volume of about 16610.51. The GAP for this stock, is -0.73%.

The P/E ratio is *TBA, bringing the forward P/E to a value of 41.16. The current EPS for Encana Corporation, is -3.34, with a EPS growth for this year coming to a value of -237.20%. Performance has been interesting with performance year to date coming to 117.25%.

Looking further into the growth statistics for Encana Corporation, EPS is looking like it will grow 775.00% in the next year. Looking even further it is projected to be *TBA. Quarter over quarter is 63.10% for EPS growth and for sales growth quarter over quarter it is -56.10%. Looking at past EPS growth statistics we see that for the past five years it has been -31.80%. Sales growth for the past five years has in fact been -13.00%.

Looking at the ownership, we see that the insider ownership is at *TBA and institutional ownership is 67.20%. Shares outstanding is 956.49, while shares float is at a value of 956.49. Float short for Encana Corporation is 1.80% and the short ratio is 1.04.

In terms of debt, long term debt/equity is 1.5, while the total debt/equity comes to 0. The ability to meet these debts, means that the current ratio is 0.9, and the quick ratio is 0.9. The most recent gross margin is 69.60% and their operating margin is *TBA. The profit margin is -81.70%.

Encana Corporation has seen returns on assets of -17.90%, and on investment, -30.10%. Return on equity is -48.60%. Price/Earnings to growth ratio is *TBA. Price/Sales ratio is at a value of 3.04, with Price/book ratio coming to 1.9 and Price/cash is 35.88, and finally Price/Free cash Flow is *TBA.

The simple moving averages are 14.34% and 56.95% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -1.33% and the 52 week low is 274.30%.

Encana Corporation has a dividend yield of 0.55%, with a current price of 11.16. The ability to pay this means the payout ratio is *TBA. This is in an industry, Major Integrated Oil & Gas, with equally high dividends from other companies in this sector, which it is Basic Materials. Encana Corporation is based in Canada.

Performance in the Major Integrated Oil & Gas industry means that Encana Corporation has seen performance for the past week of 0.55%, with performance for the month coming to 14.48%. Looking at the data for the quarter it is at a value of 37.92%, and for the half year the performance is 33.23%. Volatility for this week is 3.23% and for the month this is 4.14%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Stephen Butters

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