Chemung Financial Corp Stock Return On Asset

CHMG Stock  USD 52.46  1.06  2.06%   
Chemung Financial Corp fundamentals help investors to digest information that contributes to Chemung Financial's financial success or failures. It also enables traders to predict the movement of Chemung Stock. The fundamental analysis module provides a way to measure Chemung Financial'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 Chemung Financial stock.
The Chemung Financial's current Return On Assets is estimated to increase to 0.01.
  
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Chemung Financial Corp Company Return On Asset Analysis

Chemung Financial's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Chemung Financial Return On Asset

    
  0.0079  
Most of Chemung Financial's fundamental indicators, such as Return On Asset, 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, Chemung Financial Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Chemung Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Chemung Financial is extremely important. It helps to project a fair market value of Chemung Stock properly, considering its historical fundamentals such as Return On Asset. Since Chemung Financial'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 Chemung Financial'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 Chemung Financial's interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Chemung Total Assets

Total Assets

2.85 Billion

At this time, Chemung Financial's Total Assets are most likely to increase significantly in the upcoming years.
Based on the latest financial disclosure, Chemung Financial Corp has a Return On Asset of 0.0079. This is 101.68% lower than that of the Banks sector and significantly higher than that of the Financials industry. The return on asset for all United States stocks is 105.64% lower than that of the firm.

Chemung Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Chemung Financial's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Chemung Financial could also be used in its relative valuation, which is a method of valuing Chemung Financial by comparing valuation metrics of similar companies.
Chemung Financial is currently under evaluation in return on asset category among its peers.

Chemung Financial 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, Chemung Financial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Chemung Financial's managers, analysts, and investors.
Environmental
Governance
Social

Chemung Fundamentals

About Chemung Financial Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Chemung Financial Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Chemung Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Chemung Financial Corp 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.

Currently Active Assets on Macroaxis

When determining whether Chemung Financial Corp is a strong investment it is important to analyze Chemung Financial'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 Chemung Financial's future performance. For an informed investment choice regarding Chemung Stock, refer to the following important reports:
Check out Chemung Financial Piotroski F Score and Chemung Financial Altman Z Score analysis.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Regional Banks 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 Chemung Financial. If investors know Chemung 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 Chemung Financial 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
(0.26)
Dividend Share
1.24
Earnings Share
4.52
Revenue Per Share
19.63
Quarterly Revenue Growth
(0.06)
The market value of Chemung Financial Corp is measured differently than its book value, which is the value of Chemung that is recorded on the company's balance sheet. Investors also form their own opinion of Chemung Financial's value that differs from its market value or its book value, called intrinsic value, which is Chemung Financial'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 Chemung Financial's market value can be influenced by many factors that don't directly affect Chemung Financial'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 Chemung Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chemung Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chemung Financial'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.