Chemed Corp Price To Earning vs. Revenue
| CHE Stock | USD 572.39 1.08 0.19% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.41 | 0.3518 |
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| Net Profit Margin | 0.13 | 0.1203 |
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| Operating Profit Margin | 0.16 | 0.1504 |
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| Pretax Profit Margin | 0.16 | 0.1547 |
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| Return On Assets | 0.17 | 0.1634 |
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| Return On Equity | 0.14 | 0.246 |
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For Chemed Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Chemed Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Chemed Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Chemed Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Chemed Corp over time as well as its relative position and ranking within its peers.
Chemed |
Chemed Corp's Revenue Breakdown by Earning Segment
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Is Health Care Providers & Services 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 Chemed Corp. If investors know Chemed 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 Chemed Corp 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 0.014 | Dividend Share 1.7 | Earnings Share 19.77 | Revenue Per Share 157.577 | Quarterly Revenue Growth 0.074 |
The market value of Chemed Corp is measured differently than its book value, which is the value of Chemed that is recorded on the company's balance sheet. Investors also form their own opinion of Chemed Corp's value that differs from its market value or its book value, called intrinsic value, which is Chemed Corp'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 Chemed Corp's market value can be influenced by many factors that don't directly affect Chemed Corp'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 Chemed Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chemed Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chemed Corp'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.
Chemed Corp Revenue vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Chemed Corp's current stock value. Our valuation model uses many indicators to compare Chemed Corp value to that of its competitors to determine the firm's financial worth. Chemed Corp is rated third in price to earning category among its peers. It is rated fourth in revenue category among its peers totaling about 89,080,134 of Revenue per Price To Earning. At present, Chemed Corp's Total Revenue is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Chemed Corp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Chemed Revenue 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.
Chemed Corp |
| = | 25.42 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.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Chemed Corp |
| = | 2.26 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Chemed Revenue vs Competition
Chemed Corp is rated fourth in revenue category among its peers. Market size based on revenue of Health Care industry is currently estimated at about 27.87 Billion. Chemed Corp holds roughly 2.26 Billion in revenue claiming about 8% of equities under Health Care industry.
Chemed Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Chemed Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Chemed Corp will eventually generate negative long term returns. The profitability progress is the general direction of Chemed Corp's change in net profit over the period of time. It can combine multiple indicators of Chemed Corp, 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 2.1 M | 2.2 M | |
| Operating Income | 340.6 M | 357.6 M | |
| Income Before Tax | 350.4 M | 367.9 M | |
| Total Other Income Expense Net | 9.8 M | 10.3 M | |
| Net Income | 272.5 M | 286.1 M | |
| Income Tax Expense | 77.9 M | 81.8 M | |
| Net Income Applicable To Common Shares | 287.1 M | 301.4 M | |
| Net Income From Continuing Ops | 244.6 M | 177.5 M | |
| Non Operating Income Net Other | 10.5 M | 11 M | |
| Interest Income | 2.9 M | 3.7 M | |
| Net Interest Income | -1.4 M | -1.5 M | |
| Change To Netincome | 39.4 M | 41.3 M | |
| Net Income Per Share | 18.11 | 19.01 | |
| Income Quality | 1.21 | 1.27 | |
| Net Income Per E B T | 0.78 | 0.83 |
Chemed Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Chemed Corp. 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 Chemed Corp 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 Chemed Corp's important profitability drivers and their relationship over time.
Use Chemed Corp 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 Chemed Corp 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 Chemed Corp will appreciate offsetting losses from the drop in the long position's value.Chemed Corp Pair Trading
Chemed Corp Pair Trading Analysis
The ability to find closely correlated positions to Chemed Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chemed Corp 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 Chemed Corp - 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 Chemed Corp to buy it.
The correlation of Chemed Corp 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 Chemed Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chemed Corp 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 Chemed Corp 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.Use Investing Themes to Complement your Chemed Corp position
In addition to having Chemed Corp 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.Did You Try This Idea?
Run Health Management Thematic Idea Now
Health Management
Major hospitals and healthcare providers. The Health Management theme has 40 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 Health Management Theme or any other thematic opportunities.
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Check out Trending Equities. For information on how to trade Chemed Stock refer to our How to Trade Chemed Stock guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
To fully project Chemed Corp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Chemed Corp 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 Chemed Corp's income statement, its balance sheet, and the statement of cash flows.