Heritage Insurance Price To Sales vs. Profit Margin
| HRTG Stock | USD 12.43 0.07 0.57% |
Heritage Insurance Price To Sales Ratio |
|
For Heritage Insurance profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Heritage Insurance to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Heritage Insurance Hldgs utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Heritage Insurance's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Heritage Insurance Hldgs over time as well as its relative position and ranking within its peers.
Heritage |
Is Property & Casualty Insurance 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 Heritage Insurance. If investors know Heritage 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 Heritage Insurance 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 1.033 | Earnings Share 2.53 | Revenue Per Share 26.755 | Quarterly Revenue Growth 0.137 | Return On Assets 0.0259 |
The market value of Heritage Insurance Hldgs is measured differently than its book value, which is the value of Heritage that is recorded on the company's balance sheet. Investors also form their own opinion of Heritage Insurance's value that differs from its market value or its book value, called intrinsic value, which is Heritage Insurance'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 Heritage Insurance's market value can be influenced by many factors that don't directly affect Heritage Insurance'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 Heritage Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Insurance'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.
Heritage Insurance Hldgs Profit Margin vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Heritage Insurance's current stock value. Our valuation model uses many indicators to compare Heritage Insurance value to that of its competitors to determine the firm's financial worth. Heritage Insurance Hldgs is rated below average in price to sales category among its peers. It is rated # 2 in profit margin category among its peers fabricating about 0.19 of Profit Margin per Price To Sales. The ratio of Price To Sales to Profit Margin for Heritage Insurance Hldgs is roughly 5.28 . At this time, Heritage Insurance's Price To Sales Ratio is most likely to decrease significantly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Heritage Insurance 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.Heritage Profit Margin 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.
Heritage Insurance |
| = | 0.48 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.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Heritage Insurance |
| = | 0.09 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Heritage Profit Margin Comparison
Heritage Insurance is currently under evaluation in profit margin category among its peers.
Heritage Insurance Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Heritage Insurance, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Heritage Insurance will eventually generate negative long term returns. The profitability progress is the general direction of Heritage Insurance's change in net profit over the period of time. It can combine multiple indicators of Heritage Insurance, 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 | -35.2 M | -33.5 M | |
| Operating Income | 63.2 M | 66.4 M | |
| Income Before Tax | 52 M | 54.6 M | |
| Total Other Income Expense Net | -11.2 M | -10.6 M | |
| Net Income | 45.3 M | 47.6 M | |
| Income Tax Expense | 6.7 M | 9 M | |
| Net Loss | -138.9 M | -132 M | |
| Net Income From Continuing Ops | 45.3 M | 47.6 M | |
| Net Interest Income | -11.2 M | -11.8 M | |
| Interest Income | 9.8 M | 11.6 M | |
| Non Operating Income Net Other | -57.9 M | -55 M | |
| Change To Netincome | 94.7 M | 99.5 M | |
| Net Income Per Share | 1.73 | 1.82 | |
| Income Quality | 1.55 | 1.48 | |
| Net Income Per E B T | 0.87 | 0.82 |
Heritage Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Heritage Insurance. 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 Heritage Insurance 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 Heritage Insurance's important profitability drivers and their relationship over time.
Use Heritage Insurance 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 Heritage Insurance 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 Heritage Insurance will appreciate offsetting losses from the drop in the long position's value.Heritage Insurance Pair Trading
Heritage Insurance Hldgs Pair Trading Analysis
The ability to find closely correlated positions to Heritage Insurance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Heritage Insurance 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 Heritage Insurance - 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 Heritage Insurance Hldgs to buy it.
The correlation of Heritage Insurance 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 Heritage Insurance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Heritage Insurance Hldgs 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 Heritage Insurance 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 Heritage Insurance position
In addition to having Heritage Insurance 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 Diversified Assets Thematic Idea Now
Diversified Assets
Pablicly traded close-end funds and other entities backed by different types of diversified investments. The Diversified Assets theme has 44 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 Diversified Assets Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Risk vs Return Analysis. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
To fully project Heritage Insurance's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Heritage Insurance Hldgs 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 Heritage Insurance's income statement, its balance sheet, and the statement of cash flows.