CoreCard Tangible Book Value Per Share from 2010 to 2024

CCRD Stock  USD 18.65  0.06  0.32%   
CoreCard Corp's Tangible Book Value Per Share is increasing over the years with slightly volatile fluctuation. Overall, Tangible Book Value Per Share is expected to go to 6.54 this year. During the period from 2010 to 2024 CoreCard Corp Tangible Book Value Per Share annual values regression line had geometric mean of  2.57 and mean square error of  1.38. View All Fundamentals
 
Tangible Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
6.22745106
Current Value
6.54
Quarterly Volatility
2.10494079
 
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 Tangible Book Value Per Share Growth Pattern

Below is the plot of the Tangible Book Value Per Share of CoreCard Corp over the last few years. It is CoreCard Corp's Tangible Book Value Per Share 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.
Tangible Book Value Per Share10 Years Trend
Slightly volatile
   Tangible Book Value Per Share   
       Timeline  

CoreCard Tangible Book Value Per Share Regression Statistics

Arithmetic Mean3.34
Geometric Mean2.57
Coefficient Of Variation63.09
Mean Deviation1.81
Median2.95
Standard Deviation2.10
Sample Variance4.43
Range5.7796
R-Value0.84
Mean Square Error1.38
R-Squared0.71
Significance0.000078
Slope0.40
Total Sum of Squares62.03

CoreCard Tangible Book Value Per Share History

2024 6.54
2023 6.23
2022 6.13
2021 4.96
2020 4.95
2019 4.2
2018 2.95

About CoreCard Corp Financial Statements

CoreCard Corp stakeholders use historical fundamental indicators, such as CoreCard Corp's Tangible Book Value Per Share, 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
Tangible Book Value Per Share 6.23  6.54 

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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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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.