Horizon Bancorp Price To Sales vs. Current Valuation
| HBNC Stock | USD 18.29 0.11 0.60% |
Horizon Bancorp Price To Sales Ratio |
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| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Net Profit Margin | 0.26 | 0.151 |
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| Operating Profit Margin | 0.34 | 0.3611 |
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| Pretax Profit Margin | 0.35 | 0.2105 |
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| Return On Assets | 0.0063 | 0.0035 |
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| Return On Equity | 0.037 | 0.0389 |
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For Horizon Bancorp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Horizon Bancorp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Horizon Bancorp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Horizon Bancorp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Horizon Bancorp over time as well as its relative position and ranking within its peers.
Horizon |
Horizon Bancorp's Revenue Breakdown by Earning Segment
Check out Risk vs Return Analysis.
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 Horizon Bancorp. If investors know Horizon 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 Horizon 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 0.108 | Dividend Share 0.64 | Earnings Share 0.48 | Revenue Per Share 4.205 | Quarterly Revenue Growth 0.069 |
The market value of Horizon Bancorp is measured differently than its book value, which is the value of Horizon that is recorded on the company's balance sheet. Investors also form their own opinion of Horizon Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Horizon 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 Horizon Bancorp's market value can be influenced by many factors that don't directly affect Horizon 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 Horizon Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horizon Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon 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.
Horizon Bancorp Current Valuation vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Horizon Bancorp's current stock value. Our valuation model uses many indicators to compare Horizon Bancorp value to that of its competitors to determine the firm's financial worth. Horizon Bancorp is rated below average in price to sales category among its peers. It is rated as one of the top companies in current valuation category among its peers reporting about 418,141,715 of Current Valuation per Price To Sales. At present, Horizon Bancorp's Price To Sales Ratio is projected to increase slightly 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 Horizon Bancorp's earnings, one of the primary drivers of an investment's value.Horizon Current Valuation 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.
Horizon Bancorp |
| = | 4.35 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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Horizon Bancorp |
| = | 1.82 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Horizon Current Valuation vs Competition
Horizon Bancorp is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Financials industry is currently estimated at about 9.9 Billion. Horizon Bancorp retains roughly 1.82 Billion in current valuation claiming about 18% of equities under Financials industry.
Horizon Bancorp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Horizon Bancorp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Horizon Bancorp will eventually generate negative long term returns. The profitability progress is the general direction of Horizon Bancorp's change in net profit over the period of time. It can combine multiple indicators of Horizon 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 | -66.6 M | -63.3 M | |
| Operating Income | 39 M | 50 M | |
| Income Before Tax | 39 M | 30 M | |
| Total Other Income Expense Net | 39 M | 40.9 M | |
| Net Income | 28 M | 24 M | |
| Income Tax Expense | 11 M | 6.1 M | |
| Net Income Applicable To Common Shares | 107.4 M | 112.8 M | |
| Net Income From Continuing Ops | 74.4 M | 50 M | |
| Net Interest Income | 182.3 M | 159.2 M | |
| Interest Income | 296 M | 199.9 M | |
| Change To Netincome | 2.7 M | 2.8 M | |
| Net Income Per Share | 0.64 | 0.58 | |
| Income Quality | 2.91 | 3.06 | |
| Net Income Per E B T | 0.72 | 0.57 |
Horizon Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Horizon 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 Horizon 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 Horizon Bancorp's important profitability drivers and their relationship over time.
Use Horizon 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 Horizon 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 Horizon Bancorp will appreciate offsetting losses from the drop in the long position's value.Horizon Bancorp Pair Trading
Horizon Bancorp Pair Trading Analysis
The ability to find closely correlated positions to Horizon 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 Horizon 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 Horizon 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 Horizon Bancorp to buy it.
The correlation of Horizon 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 Horizon Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Horizon 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 Horizon 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 Horizon Bancorp position
In addition to having Horizon 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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Companies developing chemicals for crops, soil as well as human, and animals. The Chemicals Makers theme has 41 constituents at this time.
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Check out Risk vs Return Analysis. For information on how to trade Horizon Stock refer to our How to Trade Horizon Stock guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
To fully project Horizon Bancorp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Horizon 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 Horizon Bancorp's income statement, its balance sheet, and the statement of cash flows.