Chemung Financial Price To Earning vs. Current Valuation
| CHMG Stock | USD 52.33 0.50 0.96% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Net Profit Margin | 0.33 | 0.2611 |
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| Operating Profit Margin | 0.31 | 0.329 |
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| Pretax Profit Margin | 0.48 | 0.329 |
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| Return On Assets | 0.0105 | 0.0092 |
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| Return On Equity | 0.11 | 0.128 |
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For Chemung Financial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Chemung Financial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Chemung Financial Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Chemung Financial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Chemung Financial Corp over time as well as its relative position and ranking within its peers.
Chemung |
Chemung Financial's Revenue Breakdown by Earning Segment
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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 Chemung Financial. If investors know Chemung 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 Chemung Financial 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 1.24 | Earnings Share 4.52 | Revenue Per Share 19.63 | Quarterly Revenue Growth (0.06) |
The market value of Chemung Financial Corp is measured differently than its book value, which is the value of Chemung that is recorded on the company's balance sheet. Investors also form their own opinion of Chemung Financial's value that differs from its market value or its book value, called intrinsic value, which is Chemung Financial'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 Chemung Financial's market value can be influenced by many factors that don't directly affect Chemung Financial'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 Chemung Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chemung Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chemung Financial'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.
Chemung Financial Corp Current Valuation vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Chemung Financial's current stock value. Our valuation model uses many indicators to compare Chemung Financial value to that of its competitors to determine the firm's financial worth. Chemung Financial Corp is rated below average in price to earning category among its peers. It is rated below average in current valuation category among its peers reporting about 23,374,796 of Current Valuation per Price To Earning. Comparative valuation analysis is a catch-all technique that is used if you cannot value Chemung Financial 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.Chemung Current Valuation 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.
Chemung Financial |
| = | 9.66 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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Chemung Financial |
| = | 225.8 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Chemung Current Valuation vs Competition
Chemung Financial Corp is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Financials industry is currently estimated at about 401.3 Billion. Chemung Financial adds roughly 225.8 Million in current valuation claiming only tiny portion of equities under Financials industry.
Chemung Financial Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Chemung Financial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Chemung Financial will eventually generate negative long term returns. The profitability progress is the general direction of Chemung Financial's change in net profit over the period of time. It can combine multiple indicators of Chemung Financial, 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 | -66 M | -62.7 M | |
| Operating Income | 31.5 M | 29.9 M | |
| Income Before Tax | 31.5 M | 16.3 M | |
| Total Other Income Expense Net | 31.5 M | 33.1 M | |
| Net Income | 25 M | 26.2 M | |
| Income Tax Expense | 6.5 M | 4.6 M | |
| Net Income Applicable To Common Shares | 33.1 M | 34.8 M | |
| Net Income From Continuing Ops | 25 M | 19.7 M | |
| Net Interest Income | 74.5 M | 68.2 M | |
| Interest Income | 113.1 M | 77.3 M | |
| Change To Netincome | 1.8 M | 3 M | |
| Net Income Per Share | 5.28 | 5.55 | |
| Income Quality | 1.24 | 1.39 | |
| Net Income Per E B T | 0.79 | 0.56 |
Chemung Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Chemung Financial. 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 Chemung Financial 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 Chemung Financial's important profitability drivers and their relationship over time.
Use Chemung Financial 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 Chemung Financial 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 Chemung Financial will appreciate offsetting losses from the drop in the long position's value.Chemung Financial Pair Trading
Chemung Financial Corp Pair Trading Analysis
The ability to find closely correlated positions to Chemung Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chemung Financial 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 Chemung Financial - 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 Chemung Financial Corp to buy it.
The correlation of Chemung Financial 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 Chemung Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chemung Financial 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 Chemung Financial 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 Chemung Financial position
In addition to having Chemung Financial 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?
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Office Supplies
Companies producing and selling office supplies, and accessories. The Office Supplies theme has 37 constituents at this time.
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To fully project Chemung Financial's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Chemung Financial 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 Chemung Financial's income statement, its balance sheet, and the statement of cash flows.