ESSA Bancorp Return On Asset vs. Market Capitalization
| ESSA Stock | USD 20.48 0.29 1.44% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.8 | 0.9 |
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| Net Profit Margin | 1.07 | 0.1523 |
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| Operating Profit Margin | 4.39 | 0.1879 |
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| Pretax Profit Margin | 1.6 | 0.1879 |
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| Return On Assets | 0.01 | 0.0078 |
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| Return On Equity | 0.11 | 0.0737 |
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For ESSA Bancorp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ESSA Bancorp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ESSA Bancorp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ESSA Bancorp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ESSA Bancorp over time as well as its relative position and ranking within its peers.
ESSA |
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 ESSA Bancorp. If investors know ESSA 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 ESSA Bancorp 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 (0.06) | Dividend Share 0.6 | Earnings Share 1.81 | Revenue Per Share 7.127 | Quarterly Revenue Growth (0.04) |
The market value of ESSA Bancorp is measured differently than its book value, which is the value of ESSA that is recorded on the company's balance sheet. Investors also form their own opinion of ESSA Bancorp's value that differs from its market value or its book value, called intrinsic value, which is ESSA Bancorp'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 ESSA Bancorp's market value can be influenced by many factors that don't directly affect ESSA Bancorp'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 ESSA Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ESSA Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESSA Bancorp'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.
ESSA Bancorp Market Capitalization vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ESSA Bancorp's current stock value. Our valuation model uses many indicators to compare ESSA Bancorp value to that of its competitors to determine the firm's financial worth. ESSA Bancorp is rated # 5 in return on asset category among its peers. It also is rated # 5 in market capitalization category among its peers creating about 26,264,951,899 of Market Capitalization per Return On Asset. At present, ESSA Bancorp's Market Cap is projected to increase significantly based on the last few years of reporting. 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 ESSA Bancorp's earnings, one of the primary drivers of an investment's value.ESSA Market Capitalization vs. Return On Asset
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.
ESSA Bancorp |
| = | 0.0079 |
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.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
ESSA Bancorp |
| = | 207.49 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
ESSA Market Capitalization vs Competition
ESSA Bancorp is rated # 5 in market capitalization category among its peers. Market capitalization of Financials industry is currently estimated at about 2.3 Billion. ESSA Bancorp holds roughly 207.49 Million in market capitalization claiming about 9% of equities under Financials industry.
ESSA Bancorp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ESSA Bancorp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ESSA Bancorp will eventually generate negative long term returns. The profitability progress is the general direction of ESSA Bancorp's change in net profit over the period of time. It can combine multiple indicators of ESSA Bancorp, 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 | -12.1 M | -11.5 M | |
| Operating Income | 21 M | 18.5 M | |
| Income Before Tax | 21 M | 11.8 M | |
| Total Other Income Expense Net | -5.1 M | -5.3 M | |
| Net Income | 21.4 M | 22.4 M | |
| Income Tax Expense | 4 M | 2.9 M | |
| Net Income Applicable To Common Shares | 23.1 M | 24.2 M | |
| Net Income From Continuing Ops | 21.4 M | 12.5 M | |
| Net Interest Income | 70.8 M | 55.5 M | |
| Interest Income | 98.3 M | 70.2 M | |
| Change To Netincome | 3.5 M | 4.8 M | |
| Net Income Per Share | 1.78 | 0.28 | |
| Income Quality | 1.29 | 1.23 | |
| Net Income Per E B T | 0.81 | 0.67 |
ESSA Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ESSA Bancorp. 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 ESSA Bancorp 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 ESSA Bancorp's important profitability drivers and their relationship over time.
Use ESSA Bancorp 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 ESSA Bancorp 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 ESSA Bancorp will appreciate offsetting losses from the drop in the long position's value.ESSA Bancorp Pair Trading
ESSA Bancorp Pair Trading Analysis
The ability to find closely correlated positions to ESSA Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ESSA Bancorp 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 ESSA Bancorp - 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 ESSA Bancorp to buy it.
The correlation of ESSA Bancorp 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 ESSA Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ESSA Bancorp 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 ESSA Bancorp 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 ESSA Bancorp position
In addition to having ESSA Bancorp 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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Apparel
Companies manufacturing textile accessories and apparel products. The Apparel theme has 40 constituents at this time.
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Check out Investing Opportunities. For information on how to trade ESSA Stock refer to our How to Trade ESSA Stock guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
To fully project ESSA Bancorp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ESSA Bancorp 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 ESSA Bancorp's income statement, its balance sheet, and the statement of cash flows.