Covanta Holding Stock Return On Equity
Covanta Holding fundamentals help investors to digest information that contributes to Covanta Holding's financial success or failures. It also enables traders to predict the movement of Covanta Stock. The fundamental analysis module provides a way to measure Covanta Holding'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 Covanta Holding stock.
Covanta |
Covanta Holding Company Return On Equity Analysis
Covanta Holding'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.
Current Covanta Holding Return On Equity | 9.86 |
Most of Covanta Holding'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, Covanta Holding is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionBased on the latest financial disclosure, Covanta Holding has a Return On Equity of 9.86. This is much higher than that of the Industrials sector and 131.3% lower than that of the Waste Management industry. The return on equity for all United States stocks is notably lower than that of the firm.
Covanta Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Covanta Holding'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 Covanta Holding could also be used in its relative valuation, which is a method of valuing Covanta Holding by comparing valuation metrics of similar companies.Covanta Holding is currently under evaluation in return on equity category among its peers.
Covanta Fundamentals
| Return On Equity | 9.86 | |||
| Return On Asset | 2.03 | |||
| Profit Margin | 1.23 % | |||
| Operating Margin | 17.16 % | |||
| Current Valuation | 5.16 B | |||
| Shares Outstanding | 132.97 M | |||
| Shares Owned By Insiders | 1.65 % | |||
| Shares Owned By Institutions | 89.97 % | |||
| Number Of Shares Shorted | 5.71 M | |||
| Price To Earning | 532.37 X | |||
| Price To Book | 9.28 X | |||
| Price To Sales | 1.32 X | |||
| Revenue | 2.03 B | |||
| Gross Profit | 484 M | |||
| EBITDA | 349 M | |||
| Net Income | 25 M | |||
| Cash And Equivalents | 54 M | |||
| Cash Per Share | 0.41 X | |||
| Total Debt | 2.53 B | |||
| Current Ratio | 0.89 X | |||
| Book Value Per Share | 2.18 X | |||
| Cash Flow From Operations | 310 M | |||
| Short Ratio | 6.30 X | |||
| Earnings Per Share | 0.04 X | |||
| Price To Earnings To Growth | 12.17 X | |||
| Number Of Employees | 4 K | |||
| Beta | 1.41 | |||
| Market Capitalization | 2.69 B | |||
| Total Asset | 4.28 B | |||
| Retained Earnings | (472.11 M) | |||
| Working Capital | 229 M | |||
| Current Asset | 547 M | |||
| Current Liabilities | 318 M | |||
| Z Score | 0.6 | |||
| Five Year Return | 5.66 % | |||
| Last Dividend Paid | 0.32 |
Also Currently Popular
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.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Other Consideration for investing in Covanta Stock
If you are still planning to invest in Covanta Holding check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Covanta Holding's history and understand the potential risks before investing.
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |