Gorman Competitors
| GRC Stock | USD 64.02 4.47 7.51% |
Gorman Rupp vs Northrop Grumman Correlation
Very poor diversification
The correlation between Gorman Rupp and NOC is 0.88 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Gorman Rupp and NOC in the same portfolio, assuming nothing else is changed.
Moving together with Gorman Stock
Moving against Gorman Stock
At present, Gorman Rupp's Return On Assets are projected to slightly decrease based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.12, whereas Return On Tangible Assets are forecasted to decline to 0.07. At present, Gorman Rupp's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 5.8 M, whereas Other Current Assets are forecasted to decline to about 6.7 M.Gorman Rupp Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Gorman Rupp and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Gorman and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Gorman Rupp does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Gorman Stock performing well and Gorman Rupp Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Gorman Rupp's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EMR | 1.39 | 0.07 | 0.05 | 0.08 | 1.83 | 3.00 | 8.01 | |||
| HWM | 1.26 | 0.00 | 0.00 | 0.04 | 1.50 | 3.03 | 7.17 | |||
| TT | 1.17 | (0.06) | 0.00 | (0.05) | 0.00 | 2.26 | 9.37 | |||
| ITW | 0.94 | 0.23 | 0.18 | 0.28 | 0.85 | 2.77 | 6.22 | |||
| ADP | 0.93 | (0.18) | 0.00 | (0.19) | 0.00 | 1.69 | 7.52 | |||
| GD | 1.00 | 0.00 | 0.00 | 0.04 | 1.33 | 2.00 | 7.72 | |||
| CMI | 1.51 | 0.29 | 0.12 | 0.22 | 2.25 | 2.83 | 8.70 | |||
| MMM | 1.17 | (0.01) | 0.00 | 0.07 | 0.00 | 2.11 | 9.29 | |||
| NOC | 1.23 | 0.26 | 0.15 | 0.54 | 1.36 | 2.91 | 9.88 |
Cross Equities Net Income Analysis
Compare Gorman Rupp and related stocks such as Emerson Electric, Howmet Aerospace, and Trane Technologies plc Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EMR | 401.1 M | 2 B | 2 B | 2.1 B | 2.7 B | 1.6 B | 1.5 B | 2.2 B | 2.3 B | 2 B | 2.3 B | 3.2 B | 13.2 B | 2 B | 2.3 B | 2.6 B | 1.9 B |
| HWM | 938 M | 611 M | 162 M | (2.2 B) | 268 M | (322 M) | (941 M) | (74 M) | 642 M | 470 M | 211 M | 258 M | 469 M | 765 M | 1.2 B | 1 B | 1.1 B |
| TT | 79.6 M | 426.1 M | 1 B | 618.8 M | 931.7 M | 664.6 M | 1.5 B | 1.3 B | 1.3 B | 1.4 B | 854.9 M | 1.4 B | 1.8 B | 2 B | 2.6 B | 2.9 B | 3.1 B |
| ITW | 31.5 M | 2.1 B | 2.9 B | 1.7 B | 2.9 B | 1.9 B | 2 B | 1.7 B | 2.6 B | 2.5 B | 2.1 B | 2.7 B | 3 B | 3 B | 3.5 B | 3.1 B | 3.2 B |
| ADP | 106 M | 1.4 B | 1.4 B | 1.5 B | 1.5 B | 1.5 B | 1.7 B | 1.6 B | 2.3 B | 2.5 B | 2.6 B | 2.9 B | 3.4 B | 3.8 B | 4.1 B | 4.7 B | 4.9 B |
| GD | 388.3 M | 2.5 B | (332 M) | 2.4 B | 2.5 B | 3 B | 2.6 B | 2.9 B | 3.3 B | 3.5 B | 3.2 B | 3.3 B | 3.4 B | 3.3 B | 3.8 B | 4.2 B | 4.4 B |
| CMI | 50.4 M | 1.8 B | 1.6 B | 1.5 B | 1.7 B | 1.4 B | 1.4 B | 999 M | 2.1 B | 2.3 B | 1.8 B | 2.1 B | 2.2 B | 735 M | 3.9 B | 4.5 B | 4.8 B |
| MMM | 664 M | 4.3 B | 4.4 B | 4.7 B | 5 B | 4.8 B | 5 B | 4.9 B | 5.3 B | 4.6 B | 5.4 B | 5.9 B | 5.8 B | (7 B) | 4.2 B | 3.2 B | 3 B |
| NOC | 214.4 M | 2.1 B | 2 B | 2 B | 2.1 B | 2 B | 2.2 B | 2 B | 3.2 B | 2.2 B | 3.2 B | 7 B | 4.9 B | 2.1 B | 4.2 B | 4.2 B | 4.4 B |
Gorman Rupp and related stocks such as Emerson Electric, Howmet Aerospace, and Trane Technologies plc Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Gorman Rupp financial statement analysis. It represents the amount of money remaining after all of Gorman Rupp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Gorman Rupp Competitive Analysis
The better you understand Gorman Rupp competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Gorman Rupp's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Gorman Rupp's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Gorman Rupp Competition Performance Charts
Five steps to successful analysis of Gorman Rupp Competition
Gorman Rupp's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Gorman Rupp in relation to its competition. Gorman Rupp's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Gorman Rupp in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Gorman Rupp's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Gorman Rupp, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Gorman Rupp Correlation with its peers. For information on how to trade Gorman Stock refer to our How to Trade Gorman Stock guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Will Industrial Machinery & Supplies & Components sector continue expanding? Could Gorman diversify its offerings? Factors like these will boost the valuation of Gorman Rupp. Market participants price Gorman higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Gorman Rupp data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.12) | Dividend Share 0.74 | Earnings Share 1.97 | Revenue Per Share | Quarterly Revenue Growth 0.028 |
Understanding Gorman Rupp requires distinguishing between market price and book value, where the latter reflects Gorman's accounting equity. The concept of intrinsic value - what Gorman Rupp's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Gorman Rupp's price substantially above or below its fundamental value.
Please note, there is a significant difference between Gorman Rupp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gorman Rupp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Gorman Rupp's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.