Kayne Anderson Mlp Stock Return On Equity
| KYN Stock | USD 13.34 0.19 1.40% |
Kayne Anderson MLP fundamentals help investors to digest information that contributes to Kayne Anderson's financial success or failures. It also enables traders to predict the movement of Kayne Stock. The fundamental analysis module provides a way to measure Kayne Anderson'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 Kayne Anderson stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.07 | 0.08 |
Kayne | Return On Equity |
Kayne Anderson MLP Company Return On Equity Analysis
Kayne Anderson'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 Kayne Anderson Return On Equity | 0.31 |
Most of Kayne Anderson'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, Kayne Anderson MLP is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Kayne Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Kayne Anderson is extremely important. It helps to project a fair market value of Kayne Stock properly, considering its historical fundamentals such as Return On Equity. Since Kayne Anderson'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 Kayne Anderson'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 Kayne Anderson's interrelated accounts and indicators.
Click cells to compare fundamentals
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 |
Kayne Total Stockholder Equity
Total Stockholder Equity |
|
Based on the latest financial disclosure, Kayne Anderson MLP has a Return On Equity of 0.3121. This is 78.48% lower than that of the Oil, Gas & Consumable Fuels sector and 95.37% lower than that of the Energy industry. The return on equity for all United States stocks is notably lower than that of the firm.
Kayne Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kayne Anderson'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 Kayne Anderson could also be used in its relative valuation, which is a method of valuing Kayne Anderson by comparing valuation metrics of similar companies.Kayne Anderson is currently under evaluation in return on equity category among its peers.
Kayne Anderson Current Valuation Drivers
We derive many important indicators used in calculating different scores of Kayne Anderson from analyzing Kayne Anderson's financial statements. These drivers represent accounts that assess Kayne Anderson's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Kayne Anderson's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 744.6M | 982.5M | 1.2B | 1.2B | 1.4B | 1.8B | |
| Enterprise Value | 979.1M | 1.3B | 1.5B | 1.5B | 1.8B | 2.8B |
Kayne Anderson 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, Kayne Anderson's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Kayne Anderson's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Kayne Fundamentals
| Return On Equity | 0.31 | ||||
| Return On Asset | 0.0124 | ||||
| Profit Margin | 6.34 % | ||||
| Operating Margin | 0.42 % | ||||
| Current Valuation | 2.53 B | ||||
| Shares Outstanding | 169.13 M | ||||
| Shares Owned By Insiders | 0.93 % | ||||
| Shares Owned By Institutions | 34.15 % | ||||
| Number Of Shares Shorted | 93.15 K | ||||
| Price To Earning | 3.60 X | ||||
| Price To Book | 1.15 X | ||||
| Price To Sales | 26.03 X | ||||
| Revenue | 123.11 M | ||||
| Gross Profit | 57 M | ||||
| EBITDA | 115.19 M | ||||
| Net Income | 112.59 M | ||||
| Cash And Equivalents | 1.33 M | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 344.21 M | ||||
| Debt To Equity | 0.32 % | ||||
| Current Ratio | 0.03 X | ||||
| Book Value Per Share | 12.60 X | ||||
| Cash Flow From Operations | 137.99 M | ||||
| Short Ratio | 0.25 X | ||||
| Earnings Per Share | 3.01 X | ||||
| Target Price | 33.0 | ||||
| Beta | 1.63 | ||||
| Market Capitalization | 2.26 B | ||||
| Total Asset | 2.43 B | ||||
| Retained Earnings | (832.1 M) | ||||
| Annual Yield | 0.07 % | ||||
| Net Asset | 2.43 B | ||||
| Last Dividend Paid | 0.9 |
About Kayne Anderson Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Kayne Anderson MLP's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kayne Anderson using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kayne Anderson MLP 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.
Pair Trading with Kayne Anderson
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kayne Anderson position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kayne Anderson will appreciate offsetting losses from the drop in the long position's value.Moving together with Kayne Stock
Moving against Kayne Stock
The ability to find closely correlated positions to Kayne Anderson could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kayne Anderson when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kayne Anderson - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kayne Anderson MLP to buy it.
The correlation of Kayne Anderson is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kayne Anderson moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kayne Anderson MLP moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Kayne Anderson can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Kayne Anderson Piotroski F Score and Kayne Anderson Altman Z Score analysis. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Oil & Gas Storage & Transportation 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 Kayne Anderson. If investors know Kayne 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 Kayne Anderson 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 0.9 | Earnings Share 3.01 | Revenue Per Share 0.533 | Quarterly Revenue Growth 0.017 |
The market value of Kayne Anderson MLP is measured differently than its book value, which is the value of Kayne that is recorded on the company's balance sheet. Investors also form their own opinion of Kayne Anderson's value that differs from its market value or its book value, called intrinsic value, which is Kayne Anderson'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 Kayne Anderson's market value can be influenced by many factors that don't directly affect Kayne Anderson'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 Kayne Anderson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kayne Anderson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kayne Anderson'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.