Based on the measurements of profitability obtained from Equitable's financial statements, Equitable Group is performing exceptionally good at this time. It has a great probability to showcase excellent profitability results in December. Profitability indicators assess Equitable's ability to earn profits and add value for shareholders.
For Equitable profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Equitable to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Equitable Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Equitable's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Equitable Group over time as well as its relative position and ranking within its peers.
Please note, there is a significant difference between Equitable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equitable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equitable'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.
Equitable Group Return On Asset vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Equitable's current stock value. Our valuation model uses many indicators to compare Equitable value to that of its competitors to determine the firm's financial worth.
Equitable Group is one of the top stocks in price to sales category among its peers. It is rated # 4 in return on asset category among its peers . The ratio of Price To Sales to Return On Asset for Equitable Group is about 505.41 . At this time, Equitable's Price To Sales Ratio is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Equitable by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Equitable's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
Equitable Return On Asset vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Equitable
P/S
=
MV Per Share
Revenue Per Share
=
3.84 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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.
Equitable
Return On Asset
=
Net Income
Total Assets
=
0.0076
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.
Equitable Return On Asset Comparison
Equitable is currently under evaluation in return on asset category among its peers.
Equitable Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Equitable, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Equitable will eventually generate negative long term returns. The profitability progress is the general direction of Equitable's change in net profit over the period of time. It can combine multiple indicators of Equitable, 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.
Profitability drivers are factors that can directly affect your investment outlook on Equitable. 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 Equitable 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 Equitable's important profitability drivers and their relationship over time.
Our tools can tell you how much better you can do entering a position in Equitable without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.
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Use Investing Themes to Complement your Equitable position
In addition to having Equitable 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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Manufacturing
Companies that provide goods across residential, commercial and industrial construction such as machinery, tools, or lumber production. The Manufacturing theme has 20 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 Manufacturing Theme or any other thematic opportunities.
To fully project Equitable's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Equitable Group 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 Equitable's income statement, its balance sheet, and the statement of cash flows.
Potential Equitable investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Equitable investors may work on each financial statement separately, they are all related. The changes in Equitable's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Equitable'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.
