Hannon Armstrong EBITDA vs. Return On Equity
| HASI Stock | USD 31.36 0.09 0.29% |
EBITDA | First Reported 2010-12-31 | Previous Quarter 224.2 M | Current Value 235.5 M | Quarterly Volatility 80.7 M |
For Hannon Armstrong profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hannon Armstrong to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hannon Armstrong Sustainable utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hannon Armstrong's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hannon Armstrong Sustainable over time as well as its relative position and ranking within its peers.
Hannon |
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 Hannon Armstrong. If investors know Hannon 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 Hannon Armstrong 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 0.687 | Dividend Share 1.64 | Earnings Share 1.92 | Revenue Per Share 1.223 | Quarterly Revenue Growth (0.42) |
The market value of Hannon Armstrong Sus is measured differently than its book value, which is the value of Hannon that is recorded on the company's balance sheet. Investors also form their own opinion of Hannon Armstrong's value that differs from its market value or its book value, called intrinsic value, which is Hannon Armstrong'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 Hannon Armstrong's market value can be influenced by many factors that don't directly affect Hannon Armstrong'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 Hannon Armstrong's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hannon Armstrong is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hannon Armstrong'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.
Hannon Armstrong Sus Return On Equity vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hannon Armstrong's current stock value. Our valuation model uses many indicators to compare Hannon Armstrong value to that of its competitors to determine the firm's financial worth. Hannon Armstrong Sustainable is rated below average in ebitda category among its peers. It is rated # 5 in return on equity category among its peers . The ratio of EBITDA to Return On Equity for Hannon Armstrong Sustainable is about 2,220,237,624 . As of now, Hannon Armstrong's EBITDA is increasing as compared to previous years. 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 Hannon Armstrong's earnings, one of the primary drivers of an investment's value.Hannon Return On Equity vs. EBITDA
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.
Hannon Armstrong |
| = | 224.24 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.
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.
Hannon Armstrong |
| = | 0.1 |
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.
Hannon Return On Equity Comparison
Hannon Armstrong is currently under evaluation in return on equity category among its peers.
Hannon Armstrong Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hannon Armstrong, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hannon Armstrong will eventually generate negative long term returns. The profitability progress is the general direction of Hannon Armstrong's change in net profit over the period of time. It can combine multiple indicators of Hannon Armstrong, 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 | 13.2 M | 12.5 M | |
| Operating Income | 224.2 M | 235.5 M | |
| Income Before Tax | 182.4 M | 191.5 M | |
| Total Other Income Expense Net | -41.9 M | -39.8 M | |
| Net Income | 147.8 M | 155.2 M | |
| Income Tax Expense | 31.6 M | 33.2 M | |
| Net Income Applicable To Common Shares | 47.7 M | 42.7 M | |
| Net Income From Continuing Ops | 39.6 M | 46.6 M | |
| Net Interest Income | 34.9 M | 36.6 M | |
| Interest Income | 185.8 M | 108 M | |
| Non Operating Income Net Other | 36 M | 47 M | |
| Change To Netincome | 44.4 M | 46.6 M | |
| Net Income Per Share | 1.46 | 1.53 | |
| Income Quality | 0.67 | 1.11 | |
| Net Income Per E B T | 0.82 | 1.01 |
Hannon Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hannon Armstrong. 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 Hannon Armstrong 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 Hannon Armstrong's important profitability drivers and their relationship over time.
Use Hannon Armstrong 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 Hannon Armstrong 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 Hannon Armstrong will appreciate offsetting losses from the drop in the long position's value.Hannon Armstrong Pair Trading
Hannon Armstrong Sustainable Pair Trading Analysis
The ability to find closely correlated positions to Hannon Armstrong could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hannon Armstrong 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 Hannon Armstrong - 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 Hannon Armstrong Sustainable to buy it.
The correlation of Hannon Armstrong 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 Hannon Armstrong moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hannon Armstrong Sus 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 Hannon Armstrong 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 Hannon Armstrong position
In addition to having Hannon Armstrong 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 Retail Thematic Idea Now
Retail
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Retail theme has 61 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 Retail Theme or any other thematic opportunities.
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To fully project Hannon Armstrong's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hannon Armstrong Sus 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 Hannon Armstrong's income statement, its balance sheet, and the statement of cash flows.