Applied Industrial Technologies Stock Return On Equity

AIT Stock

USD 269.23 3.49 1.31%

Applied Industrial Technologies fundamentals help investors to digest information that contributes to Applied Industrial's financial success or failures. It also enables traders to predict the movement of Applied Stock. The fundamental analysis module provides a way to measure Applied Industrial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Applied Industrial stock.

		Last Reported	Projected for Next Year
	Return On Equity	0.23	0.24

Return On Equity is likely to gain to 0.24 in 2024.

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Applied Industrial Technologies Company Return On Equity Analysis

Applied Industrial's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Applied Industrial Return On Equity

0.23

Most of Applied Industrial's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Applied Industrial Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Applied Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Applied Industrial is extremely important. It helps to project a fair market value of Applied Stock properly, considering its historical fundamentals such as Return On Equity. Since Applied Industrial's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Applied Industrial's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Applied Industrial's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Common Stock	Long Term Debt	Good Will	Treasury Stock	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Capital Surpluse	Accumulated Depreciation	Long Term Debt Total	Short Long Term Debt	Net Invested Capital	Cash And Equivalents	Net Working Capital	Long Term Investments	Capital Stock
Total Assets		0.89	0.54	0.94	0.97	0.92	0.97	0.55	0.75	0.64	-0.54	0.69	0.94	-0.87	0.81	0.78	-0.38	0.88	-0.91	0.81	-0.61	0.39	0.67	0.8	0.8	-0.54
Total Stockholder Equity	0.89		0.12	0.99	0.95	0.65	0.97	0.29	0.59	0.25	-0.73	0.31	0.71	-0.69	0.8	0.78	0.0	0.85	-0.85	0.47	-0.46	0.2	0.71	0.86	0.83	-0.73
Net Debt	0.54	0.12		0.25	0.4	0.82	0.32	0.57	0.61	0.97	0.16	0.96	0.76	-0.63	0.23	0.3	-0.79	0.36	-0.39	0.9	-0.53	0.55	0.08	0.15	0.23	0.16
Retained Earnings	0.94	0.99	0.25		0.97	0.74	0.99	0.36	0.64	0.37	-0.7	0.43	0.79	-0.78	0.83	0.79	-0.14	0.89	-0.88	0.58	-0.57	0.27	0.71	0.85	0.84	-0.7
Net Receivables	0.97	0.95	0.4	0.97		0.83	0.98	0.39	0.76	0.51	-0.57	0.56	0.86	-0.85	0.74	0.83	-0.2	0.86	-0.9	0.68	-0.59	0.25	0.64	0.81	0.77	-0.57
Total Liab	0.92	0.65	0.82	0.74	0.83		0.8	0.69	0.77	0.86	-0.29	0.91	0.98	-0.88	0.68	0.65	-0.65	0.75	-0.82	0.96	-0.65	0.5	0.52	0.61	0.64	-0.29
Total Current Assets	0.97	0.97	0.32	0.99	0.98	0.8		0.44	0.69	0.44	-0.64	0.5	0.84	-0.81	0.84	0.81	-0.19	0.89	-0.92	0.64	-0.56	0.28	0.73	0.86	0.83	-0.64
Short Term Debt	0.55	0.29	0.57	0.36	0.39	0.69	0.44		0.35	0.51	-0.06	0.7	0.67	-0.47	0.64	0.38	-0.61	0.47	-0.67	0.72	-0.2	0.33	0.6	0.47	0.51	-0.06
Accounts Payable	0.75	0.59	0.61	0.64	0.76	0.77	0.69	0.35		0.73	0.06	0.72	0.74	-0.84	0.38	0.79	-0.17	0.72	-0.7	0.67	-0.6	0.26	0.5	0.63	0.48	0.06
Intangible Assets	0.64	0.25	0.97	0.37	0.51	0.86	0.44	0.51	0.73		0.1	0.96	0.8	-0.71	0.32	0.39	-0.71	0.46	-0.45	0.91	-0.57	0.59	0.18	0.26	0.3	0.1
Common Stock	-0.54	-0.73	0.16	-0.7	-0.57	-0.29	-0.64	-0.06	0.06	0.1		0.06	-0.4	0.2	-0.68	-0.32	0.0	-0.5	0.44	-0.19	0.21	-0.21	-0.37	-0.52	-0.65	1.0
Long Term Debt	0.69	0.31	0.96	0.43	0.56	0.91	0.5	0.7	0.72	0.96	0.06		0.86	-0.74	0.45	0.49	-0.74	0.56	-0.59	0.96	-0.58	0.57	0.35	0.39	0.43	0.06
Good Will	0.94	0.71	0.76	0.79	0.86	0.98	0.84	0.67	0.74	0.8	-0.4	0.86		-0.82	0.72	0.71	-0.55	0.79	-0.84	0.94	-0.6	0.51	0.55	0.69	0.72	-0.4
Treasury Stock	-0.87	-0.69	-0.63	-0.78	-0.85	-0.88	-0.81	-0.47	-0.84	-0.71	0.2	-0.74	-0.82		-0.58	-0.69	0.47	-0.74	0.82	-0.75	0.8	-0.26	-0.53	-0.58	-0.55	0.2
Property Plant Equipment	0.81	0.8	0.23	0.83	0.74	0.68	0.84	0.64	0.38	0.32	-0.68	0.45	0.72	-0.58		0.62	-0.3	0.81	-0.81	0.59	-0.41	0.43	0.85	0.81	0.85	-0.68
Current Deferred Revenue	0.78	0.78	0.3	0.79	0.83	0.65	0.81	0.38	0.79	0.39	-0.32	0.49	0.71	-0.69	0.62		0.01	0.92	-0.83	0.54	-0.5	0.24	0.77	0.92	0.79	-0.32
Net Tangible Assets	-0.38	0.0	-0.79	-0.14	-0.2	-0.65	-0.19	-0.61	-0.17	-0.71	0.0	-0.74	-0.55	0.47	-0.3	0.01		-0.16	0.28	-0.73	0.39	-0.49	-0.04	0.05	-0.15	0.0
Capital Surpluse	0.88	0.85	0.36	0.89	0.86	0.75	0.89	0.47	0.72	0.46	-0.5	0.56	0.79	-0.74	0.81	0.92	-0.16		-0.84	0.64	-0.57	0.46	0.85	0.94	0.93	-0.5
Accumulated Depreciation	-0.91	-0.85	-0.39	-0.88	-0.9	-0.82	-0.92	-0.67	-0.7	-0.45	0.44	-0.59	-0.84	0.82	-0.81	-0.83	0.28	-0.84		-0.68	0.55	-0.13	-0.78	-0.84	-0.77	0.44
Long Term Debt Total	0.81	0.47	0.9	0.58	0.68	0.96	0.64	0.72	0.67	0.91	-0.19	0.96	0.94	-0.75	0.59	0.54	-0.73	0.64	-0.68		-0.55	0.63	0.41	0.49	0.57	-0.19
Short Long Term Debt	-0.61	-0.46	-0.53	-0.57	-0.59	-0.65	-0.56	-0.2	-0.6	-0.57	0.21	-0.58	-0.6	0.8	-0.41	-0.5	0.39	-0.57	0.55	-0.55		-0.2	-0.28	-0.38	-0.35	0.21
Net Invested Capital	0.39	0.2	0.55	0.27	0.25	0.5	0.28	0.33	0.26	0.59	-0.21	0.57	0.51	-0.26	0.43	0.24	-0.49	0.46	-0.13	0.63	-0.2		0.3	0.29	0.53	-0.21
Cash And Equivalents	0.67	0.71	0.08	0.71	0.64	0.52	0.73	0.6	0.5	0.18	-0.37	0.35	0.55	-0.53	0.85	0.77	-0.04	0.85	-0.78	0.41	-0.28	0.3		0.9	0.84	-0.37
Net Working Capital	0.8	0.86	0.15	0.85	0.81	0.61	0.86	0.47	0.63	0.26	-0.52	0.39	0.69	-0.58	0.81	0.92	0.05	0.94	-0.84	0.49	-0.38	0.29	0.9		0.91	-0.52
Long Term Investments	0.8	0.83	0.23	0.84	0.77	0.64	0.83	0.51	0.48	0.3	-0.65	0.43	0.72	-0.55	0.85	0.79	-0.15	0.93	-0.77	0.57	-0.35	0.53	0.84	0.91		-0.65
Capital Stock	-0.54	-0.73	0.16	-0.7	-0.57	-0.29	-0.64	-0.06	0.06	0.1	1.0	0.06	-0.4	0.2	-0.68	-0.32	0.0	-0.5	0.44	-0.19	0.21	-0.21	-0.37	-0.52	-0.65

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Applied Return On Equity Historical Pattern

Today, most investors in Applied Industrial Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Applied Industrial's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's return on equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Applied Industrial return on equity as a starting point in their analysis.

Applied Industrial Return On Equity

Timeline

For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.

Competition

Predict Applied Industrial

Return On Equity Over Time

Applied Total Stockholder Equity

Total Stockholder Equity

1.77 Billion

At this time, Applied Industrial's Total Stockholder Equity is comparatively stable compared to the past year.

Based on the latest financial disclosure, Applied Industrial Technologies has a Return On Equity of 0.2336. This is 46.91% lower than that of the Trading Companies & Distributors sector and notably lower than that of the Industrials industry. The return on equity for all United States stocks is 175.35% lower than that of the firm.

Applied Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Applied Industrial's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Applied Industrial could also be used in its relative valuation, which is a method of valuing Applied Industrial by comparing valuation metrics of similar companies.

Applied Industrial is currently under evaluation in return on equity category among its peers.

Applied Industrial ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Applied Industrial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Applied Industrial's managers, analysts, and investors.

Environmental

Governance

Social

Applied Fundamentals

	Return On Equity	0.23
	Return On Asset	0.11
	Profit Margin	0.09 %
	Operating Margin	0.10 %
	Current Valuation	10.28 B
	Shares Outstanding	38.45 M
	Shares Owned By Insiders	0.96 %
	Shares Owned By Institutions	95.24 %
	Number Of Shares Shorted	541.93 K
	Price To Earning	44.62 X
	Price To Book	5.83 X
	Price To Sales	2.28 X
	Revenue	4.48 B
	Gross Profit	1.29 B
	EBITDA	548.06 M
	Net Income	385.76 M
	Cash And Equivalents	344.04 M
	Cash Per Share	3.83 X
	Total Debt	734.94 M
	Debt To Equity	0.53 %
	Current Ratio	3.08 X
	Book Value Per Share	45.57 X
	Cash Flow From Operations	371.39 M
	Short Ratio	2.54 X
	Earnings Per Share	9.81 X
	Price To Earnings To Growth	2.79 X
	Target Price	267.86
	Number Of Employees	6.55 K
	Beta	1.02
	Market Capitalization	10.22 B
	Total Asset	2.95 B
	Retained Earnings	2.12 B
	Working Capital	1.27 B
	Current Asset	437.35 M
	Current Liabilities	151.33 M
	Annual Yield	0.01 %
	Five Year Return	1.75 %
	Net Asset	2.95 B
	Last Dividend Paid	1.46

About Applied Industrial Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Applied Industrial Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Applied Industrial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Applied Industrial Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Applied Stock Analysis

When running Applied Industrial's price analysis, check to measure Applied Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Applied Industrial is operating at the current time. Most of Applied Industrial's value examination focuses on studying past and present price action to predict the probability of Applied Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Applied Industrial's price. Additionally, you may evaluate how the addition of Applied Industrial to your portfolios can decrease your overall portfolio volatility.

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