EastGroup Properties Return On Equity vs. EBITDA
| EGP Stock | USD 169.28 1.73 1.01% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.07686575 | Current Value 0.1 | Quarterly Volatility 0.02615968 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.58 | 0.7301 |
|
| |||||
| Net Profit Margin | 0.35 | 0.3514 |
|
| |||||
| Operating Profit Margin | 0.69 | 0.3998 |
|
| |||||
| Pretax Profit Margin | 0.45 | 0.3515 |
|
| |||||
| Return On Assets | 0.0561 | 0.0444 |
|
| |||||
| Return On Equity | 0.1 | 0.0769 |
|
|
For EastGroup Properties profitability analysis, we use financial ratios and fundamental drivers that measure the ability of EastGroup Properties to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well EastGroup Properties utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between EastGroup Properties's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of EastGroup Properties over time as well as its relative position and ranking within its peers.
EastGroup |
Is Diversified REITs 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 EastGroup Properties. If investors know EastGroup 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 EastGroup Properties 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 0.055 | Dividend Share 5.21 | Earnings Share 4.86 | Revenue Per Share 13.093 | Quarterly Revenue Growth 0.128 |
The market value of EastGroup Properties is measured differently than its book value, which is the value of EastGroup that is recorded on the company's balance sheet. Investors also form their own opinion of EastGroup Properties' value that differs from its market value or its book value, called intrinsic value, which is EastGroup Properties' 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 EastGroup Properties' market value can be influenced by many factors that don't directly affect EastGroup Properties' 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 EastGroup Properties' value and its price as these two are different measures arrived at by different means. Investors typically determine if EastGroup Properties is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EastGroup Properties' 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.
EastGroup Properties EBITDA vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining EastGroup Properties's current stock value. Our valuation model uses many indicators to compare EastGroup Properties value to that of its competitors to determine the firm's financial worth. EastGroup Properties is rated # 2 in return on equity category among its peers. It is rated # 3 in ebitda category among its peers totaling about 4,470,571,109 of EBITDA per Return On Equity. At this time, EastGroup Properties' Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value EastGroup Properties 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.EastGroup EBITDA vs. Return On Equity
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.
EastGroup Properties |
| = | 0.0893 |
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.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
EastGroup Properties |
| = | 399.22 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
EastGroup EBITDA Comparison
EastGroup Properties is currently under evaluation in ebitda category among its peers.
EastGroup Properties Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in EastGroup Properties, profitability is also one of the essential criteria for including it into their portfolios because, without profit, EastGroup Properties will eventually generate negative long term returns. The profitability progress is the general direction of EastGroup Properties' change in net profit over the period of time. It can combine multiple indicators of EastGroup Properties, 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 | 24.9 M | 26.1 M | |
| Operating Income | 228.1 M | 239.6 M | |
| Net Income | 200.5 M | 210.6 M | |
| Income Tax Expense | 47.5 M | 49.9 M | |
| Income Before Tax | 200.5 M | 210.6 M | |
| Total Other Income Expense Net | -27.6 M | -26.2 M | |
| Net Income Applicable To Common Shares | 214.1 M | 224.8 M | |
| Net Income From Continuing Ops | 200.5 M | 150.4 M | |
| Non Operating Income Net Other | 47.1 M | 49.5 M | |
| Interest Income | 44.3 M | 38.3 M | |
| Net Interest Income | -48 M | -50.4 M | |
| Change To Netincome | -28.2 M | -26.8 M | |
| Net Income Per Share | 4.43 | 4.65 | |
| Income Quality | 1.69 | 1.54 | |
| Net Income Per E B T | 1.00 | 0.63 |
EastGroup Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on EastGroup Properties. 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 EastGroup Properties 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 EastGroup Properties' important profitability drivers and their relationship over time.
Use EastGroup Properties 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 EastGroup Properties 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 EastGroup Properties will appreciate offsetting losses from the drop in the long position's value.EastGroup Properties Pair Trading
EastGroup Properties Pair Trading Analysis
The ability to find closely correlated positions to EastGroup Properties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EastGroup Properties 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 EastGroup Properties - 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 EastGroup Properties to buy it.
The correlation of EastGroup Properties 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 EastGroup Properties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EastGroup Properties 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 EastGroup Properties 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 EastGroup Properties position
In addition to having EastGroup Properties 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 Sector ETFs Thematic Idea Now
Sector ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Sector ETFs theme has 440 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 Sector ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for EastGroup Stock Analysis
When running EastGroup Properties' price analysis, check to measure EastGroup Properties' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EastGroup Properties is operating at the current time. Most of EastGroup Properties' value examination focuses on studying past and present price action to predict the probability of EastGroup Properties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EastGroup Properties' price. Additionally, you may evaluate how the addition of EastGroup Properties to your portfolios can decrease your overall portfolio volatility.