CoreCard Return On Equity from 2010 to 2024

CCRD Stock  USD 20.67  0.96  4.87%   
CoreCard Corp's Return On Equity is increasing over the years with stable fluctuation. Overall, Return On Equity is expected to go to 0.07 this year. Return On Equity is a measure of the profitability of CoreCard Corp in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.06441636
Current Value
0.0676
Quarterly Volatility
0.18123567
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CoreCard Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CoreCard Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.7 M, Interest Expense of 1.8 M or Total Revenue of 28.6 M, as well as many indicators such as Price To Sales Ratio of 1.7, Dividend Yield of 0.0532 or PTB Ratio of 3.66. CoreCard financial statements analysis is a perfect complement when working with CoreCard Corp Valuation or Volatility modules.
  
Check out the analysis of CoreCard Corp Correlation against competitors.
For information on how to trade CoreCard Stock refer to our How to Trade CoreCard Stock guide.

Latest CoreCard Corp's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of CoreCard Corp over the last few years. Return on Equity is the amount of CoreCard Corp net income returned as a percentage of CoreCard Corp equity. Return on equity measures CoreCard Corp profitability by revealing how much profit CoreCard Corp generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. CoreCard Corp's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CoreCard Corp's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.075710 Years Trend
Pretty Stable
   Return On Equity   
       Timeline  

CoreCard Return On Equity Regression Statistics

Arithmetic Mean0.15
Geometric Mean0.1
Coefficient Of Variation117.70
Mean Deviation0.13
Median0.12
Standard Deviation0.18
Sample Variance0.03
Range0.7425
R-Value0.12
Mean Square Error0.03
R-Squared0.01
Significance0.67
Slope0
Total Sum of Squares0.46

CoreCard Return On Equity History

2024 0.0676
2023 0.0644
2022 0.26
2021 0.21
2020 0.18
2019 0.29
2018 0.24

About CoreCard Corp Financial Statements

CoreCard Corp stakeholders use historical fundamental indicators, such as CoreCard Corp's Return On Equity, to determine how well the company is positioned to perform in the future. Although CoreCard Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in CoreCard Corp's assets and liabilities are reflected in the revenues and expenses on CoreCard Corp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in CoreCard Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity 0.06  0.07 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether CoreCard Corp is a strong investment it is important to analyze CoreCard Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CoreCard Corp's future performance. For an informed investment choice regarding CoreCard Stock, refer to the following important reports:
Check out the analysis of CoreCard Corp Correlation against competitors.
For information on how to trade CoreCard Stock refer to our How to Trade CoreCard Stock guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Application Software space 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 CoreCard Corp. If investors know CoreCard 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 CoreCard Corp 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
(0.50)
Earnings Share
0.49
Revenue Per Share
6.705
Quarterly Revenue Growth
0.172
Return On Assets
0.0469
The market value of CoreCard Corp is measured differently than its book value, which is the value of CoreCard that is recorded on the company's balance sheet. Investors also form their own opinion of CoreCard Corp's value that differs from its market value or its book value, called intrinsic value, which is CoreCard Corp's 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 CoreCard Corp's market value can be influenced by many factors that don't directly affect CoreCard Corp's 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 CoreCard Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if CoreCard Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CoreCard Corp's 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.