Concentra Group Short Ratio vs. Book Value Per Share

CON Stock   20.06  0.04  0.20%   
Considering Concentra Group's profitability and operating efficiency indicators, Concentra Group Holdings is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in January. Profitability indicators assess Concentra Group's ability to earn profits and add value for shareholders. As of the 11th of December 2024, Price To Sales Ratio is likely to grow to 1.77. Also, Days Sales Outstanding is likely to grow to 47.63. At this time, Concentra Group's Operating Income is very stable compared to the past year. As of the 11th of December 2024, Net Income From Continuing Ops is likely to grow to about 138.9 M, though Net Interest Income is likely to grow to (108.3 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.260.239
Significantly Up
Very volatile
Net Profit Margin0.120.0979
Fairly Up
Slightly volatile
Operating Profit Margin0.120.1563
Way Down
Slightly volatile
Pretax Profit Margin0.140.094
Way Up
Slightly volatile
Return On Assets0.05980.0771
Significantly Down
Pretty Stable
Return On Equity0.180.1557
Fairly Up
Pretty Stable
For Concentra Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Concentra Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Concentra Group Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Concentra Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Concentra Group Holdings over time as well as its relative position and ranking within its peers.
  
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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 Concentra Group. If investors know Concentra 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 Concentra Group 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
(0.02)
Earnings Share
1.02
Revenue Per Share
17.842
Quarterly Revenue Growth
0.023
The market value of Concentra Group Holdings is measured differently than its book value, which is the value of Concentra that is recorded on the company's balance sheet. Investors also form their own opinion of Concentra Group's value that differs from its market value or its book value, called intrinsic value, which is Concentra Group'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 Concentra Group's market value can be influenced by many factors that don't directly affect Concentra Group'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 Concentra Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Concentra Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Concentra Group'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.

Concentra Group Holdings Book Value Per Share vs. Short Ratio Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Concentra Group's current stock value. Our valuation model uses many indicators to compare Concentra Group value to that of its competitors to determine the firm's financial worth.
Concentra Group Holdings is rated below average in short ratio category among its peers. It is rated below average in book value per share category among its peers creating about  7.13  of Book Value Per Share per Short Ratio. At this time, Concentra Group's Book Value Per Share is very stable compared to the past year. 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 Concentra Group's earnings, one of the primary drivers of an investment's value.

Concentra Book Value Per Share vs. Short Ratio

Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.

Concentra Group

Short Ratio

 = 

Short Interest

Average Trading Volume

 = 
1.68 X
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Concentra Group

Book Value per Share

 = 

Common Equity

Average Shares

 = 
11.98 X
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.

Concentra Book Value Per Share Comparison

Concentra Group is currently under evaluation in book value per share category among its peers.

Concentra Group Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Concentra Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Concentra Group will eventually generate negative long term returns. The profitability progress is the general direction of Concentra Group's change in net profit over the period of time. It can combine multiple indicators of Concentra Group, 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
Net Interest Income-114 M-108.3 M
Operating Income287.4 M299.2 M
Net Income From Continuing Ops132.4 M138.9 M
Income Before Tax172.7 M179.5 M
Total Other Income Expense Net-114.7 M-109 M
Net Income184.7 M149.4 M
Income Tax Expense40.3 M40.7 M
Net Income Per Share 1.42  1.61 
Income Quality 1.27  1.58 
Net Income Per E B T 1.04  0.68 

Concentra Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Concentra Group. 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 Concentra Group 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 Concentra Group's important profitability drivers and their relationship over time.

Use Concentra Group 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 Concentra Group 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 Concentra Group will appreciate offsetting losses from the drop in the long position's value.

Concentra Group Pair Trading

Concentra Group Holdings Pair Trading Analysis

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

In addition to having Concentra Group 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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Natural Foods
Natural Foods Theme
Companies producing natural foods including dairy products and different types of meets. The Natural Foods theme has 37 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 Natural Foods Theme or any other thematic opportunities.
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When determining whether Concentra Group Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Concentra Group'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 Concentra Group Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Concentra Group Holdings Stock:
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You can also try the CEOs Directory module to screen CEOs from public companies around the world.
To fully project Concentra Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Concentra Group Holdings 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 Concentra Group's income statement, its balance sheet, and the statement of cash flows.
Potential Concentra Group investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Concentra Group investors may work on each financial statement separately, they are all related. The changes in Concentra Group's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Concentra Group'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.