Cable One Price To Earning vs. Return On Asset

CABO Stock  USD 402.85  0.52  0.13%   
Based on the measurements of profitability obtained from Cable One's financial statements, Cable One may not be well positioned to generate adequate gross income at the present time. It has a very high chance of underperforming in December. Profitability indicators assess Cable One's ability to earn profits and add value for shareholders. At this time, Cable One's Price To Sales Ratio is very stable compared to the past year. As of the 22nd of November 2024, EV To Sales is likely to grow to 4.48, while Days Sales Outstanding is likely to drop 12.96. At this time, Cable One's Accumulated Other Comprehensive Income is very stable compared to the past year. As of the 22nd of November 2024, Total Other Income Expense Net is likely to grow to about 24.5 M, while Operating Income is likely to drop about 324 M.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.520.7372
Way Down
Slightly volatile
Net Profit Margin0.130.1339
Fairly Down
Slightly volatile
Operating Profit Margin0.20.314
Way Down
Slightly volatile
Pretax Profit Margin0.180.2452
Way Down
Pretty Stable
Return On Assets0.03130.033
Notably Down
Slightly volatile
Return On Equity0.210.1242
Way Up
Pretty Stable
For Cable One profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cable One to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cable One utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cable One's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cable One over time as well as its relative position and ranking within its peers.
  

Cable One's Revenue Breakdown by Earning Segment

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To learn how to invest in Cable Stock, please use our How to Invest in Cable One guide.
Is Cable & Satellite 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 Cable One. If investors know Cable 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 Cable One 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
0.434
Dividend Share
11.8
Earnings Share
45.06
Revenue Per Share
285.587
Quarterly Revenue Growth
(0.06)
The market value of Cable One is measured differently than its book value, which is the value of Cable that is recorded on the company's balance sheet. Investors also form their own opinion of Cable One's value that differs from its market value or its book value, called intrinsic value, which is Cable One'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 Cable One's market value can be influenced by many factors that don't directly affect Cable One'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 Cable One's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cable One is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cable One'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.

Cable One Return On Asset vs. Price To Earning Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Cable One's current stock value. Our valuation model uses many indicators to compare Cable One value to that of its competitors to determine the firm's financial worth.
Cable One is number one stock in price to earning category among its peers. It also is number one stock in return on asset category among its peers . The ratio of Price To Earning to Return On Asset for Cable One is about  310.94 . As of the 22nd of November 2024, Return On Assets is likely to drop to 0.03. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Cable One's earnings, one of the primary drivers of an investment's value.

Cable Return On Asset vs. Price To Earning

Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

Cable One

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
13.93 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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.

Cable One

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0448
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.

Cable Return On Asset Comparison

Cable One is currently under evaluation in return on asset category among its peers.

Cable One Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Cable One, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cable One will eventually generate negative long term returns. The profitability progress is the general direction of Cable One's change in net profit over the period of time. It can combine multiple indicators of Cable One, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income36.7 M38.6 M
Operating Income526.9 M324 M
Income Before Tax411.4 M275 M
Total Other Income Expense Net23.4 M24.5 M
Net Income267.4 M202.5 M
Income Tax Expense89.7 M66.3 M
Net Income Applicable To Common Shares269.2 M203.5 M
Net Income From Continuing Ops267.4 M221.3 M
Interest Income18.6 M26.9 M
Non Operating Income Net Other-36.7 M-34.9 M
Net Interest Income-151.6 M-144 M
Change To Netincome116.3 M122.2 M
Net Income Per Share 39.76  24.87 
Income Quality 2.95  1.90 
Net Income Per E B T 0.55  0.58 

Cable Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Cable One. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Cable One position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Cable One's important profitability drivers and their relationship over time.

Use Cable One in pair-trading

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 Cable One 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 Cable One will appreciate offsetting losses from the drop in the long position's value.

Cable One Pair Trading

Cable One Pair Trading Analysis

The ability to find closely correlated positions to Cable One could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cable One 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 Cable One - 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 Cable One to buy it.
The correlation of Cable One 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 Cable One moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cable One 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 Cable One 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Cable One position

In addition to having Cable One in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Conservative Funds Thematic Idea Now

Conservative Funds
Conservative Funds Theme
Funds or Etfs that invest using buy-and-hold investment strategy in companies with consistent growth over many years of operation. The Conservative Funds theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Conservative Funds Theme or any other thematic opportunities.
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When determining whether Cable One offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cable One'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 Cable One Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cable One Stock:
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To learn how to invest in Cable Stock, please use our How to Invest in Cable One guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
To fully project Cable One's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Cable One at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Cable One's income statement, its balance sheet, and the statement of cash flows.
Potential Cable One investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Cable One investors may work on each financial statement separately, they are all related. The changes in Cable One's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cable One's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.