Comerica Stock Return On Asset
CMA Stock | USD 68.90 1.02 1.50% |
Comerica fundamentals help investors to digest information that contributes to Comerica's financial success or failures. It also enables traders to predict the movement of Comerica Stock. The fundamental analysis module provides a way to measure Comerica'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 Comerica stock.
The current year's Return On Assets is expected to grow to 0.01. Comerica | Return On Asset |
Comerica Company Return On Asset Analysis
Comerica'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.
Current Comerica Return On Asset | 0.0068 |
Most of Comerica'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, Comerica is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Comerica Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Comerica is extremely important. It helps to project a fair market value of Comerica Stock properly, considering its historical fundamentals such as Return On Asset. Since Comerica'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 Comerica'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 Comerica'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.
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Comerica Total Assets
Total Assets |
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Based on the latest financial disclosure, Comerica has a Return On Asset of 0.0068. This is 101.45% 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 104.86% lower than that of the firm.
Comerica Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Comerica'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 Comerica could also be used in its relative valuation, which is a method of valuing Comerica by comparing valuation metrics of similar companies.Comerica is currently under evaluation in return on asset category among its peers.
Comerica 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, Comerica's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Comerica's managers, analysts, and investors.Environmental | Governance | Social |
Comerica Fundamentals
Return On Equity | 0.0909 | |||
Return On Asset | 0.0068 | |||
Profit Margin | 0.18 % | |||
Operating Margin | 0.31 % | |||
Current Valuation | 9.89 B | |||
Shares Outstanding | 131.51 M | |||
Shares Owned By Insiders | 0.78 % | |||
Shares Owned By Institutions | 87.80 % | |||
Number Of Shares Shorted | 5.12 M | |||
Price To Earning | 11.70 X | |||
Price To Book | 1.28 X | |||
Price To Sales | 2.82 X | |||
Revenue | 3.59 B | |||
Gross Profit | 3.47 B | |||
EBITDA | 1.23 B | |||
Net Income | 881 M | |||
Cash And Equivalents | 5.97 B | |||
Cash Per Share | 45.60 X | |||
Total Debt | 9.77 B | |||
Debt To Equity | 8.51 % | |||
Book Value Per Share | 52.53 X | |||
Cash Flow From Operations | 1.25 B | |||
Short Ratio | 2.67 X | |||
Earnings Per Share | 4.00 X | |||
Price To Earnings To Growth | 0.32 X | |||
Target Price | 68.11 | |||
Number Of Employees | 7.67 K | |||
Beta | 1.24 | |||
Market Capitalization | 8.93 B | |||
Total Asset | 85.83 B | |||
Retained Earnings | 11.73 B | |||
Annual Yield | 0.04 % | |||
Five Year Return | 3.56 % | |||
Net Asset | 85.83 B | |||
Last Dividend Paid | 2.84 |
About Comerica Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Comerica's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Comerica using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Comerica 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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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 Comerica offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Comerica's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Comerica Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Comerica Stock:Check out Comerica Piotroski F Score and Comerica Altman Z Score analysis. For information on how to trade Comerica Stock refer to our How to Trade Comerica Stock guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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 Comerica. If investors know Comerica 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 Comerica 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 (0.28) | Dividend Share 2.84 | Earnings Share 4 | Revenue Per Share 23.812 | Quarterly Revenue Growth (0.1) |
The market value of Comerica is measured differently than its book value, which is the value of Comerica that is recorded on the company's balance sheet. Investors also form their own opinion of Comerica's value that differs from its market value or its book value, called intrinsic value, which is Comerica'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 Comerica's market value can be influenced by many factors that don't directly affect Comerica'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 Comerica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comerica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comerica'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.