Ichor Holdings Return On Equity vs. Return On Asset
| ICHR Stock | USD 34.37 1.02 3.06% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.14159552 | Current Value 0.12 | Quarterly Volatility 0.06875791 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.17 | 0.1618 |
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For Ichor Holdings profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ichor Holdings to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ichor Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ichor Holdings's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ichor Holdings over time as well as its relative position and ranking within its peers.
Ichor |
Is Semiconductors & Semiconductor Equipment 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 Ichor Holdings. If investors know Ichor 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 Ichor Holdings 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) | Earnings Share (0.92) | Revenue Per Share 25.871 | Quarterly Revenue Growth 0.073 | Return On Assets (0.01) |
The market value of Ichor Holdings is measured differently than its book value, which is the value of Ichor that is recorded on the company's balance sheet. Investors also form their own opinion of Ichor Holdings' value that differs from its market value or its book value, called intrinsic value, which is Ichor Holdings' 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 Ichor Holdings' market value can be influenced by many factors that don't directly affect Ichor Holdings' 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 Ichor Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ichor Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ichor Holdings' 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.
Ichor Holdings Return On Asset vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ichor Holdings's current stock value. Our valuation model uses many indicators to compare Ichor Holdings value to that of its competitors to determine the firm's financial worth. Ichor Holdings is rated second overall in return on equity category among its peers. It is rated third overall in return on asset category among its peers . At this time, Ichor Holdings' Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Ichor Holdings 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.Ichor Return On Asset vs. Return On Equity
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.
Ichor Holdings |
| = | -0.0453 |
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.
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.
Ichor Holdings |
| = | -0.009 |
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.
Ichor Return On Asset Comparison
Ichor Holdings is currently under evaluation in return on asset category among its peers.
Ichor Holdings Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ichor Holdings, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ichor Holdings will eventually generate negative long term returns. The profitability progress is the general direction of Ichor Holdings' change in net profit over the period of time. It can combine multiple indicators of Ichor Holdings, 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 | ||
| Operating Income | -10.9 M | -10.4 M | |
| Net Loss | -16.9 M | -16 M | |
| Income Before Tax | -31.1 M | -29.5 M | |
| Total Other Income Expense Net | -20.2 M | -19.2 M | |
| Net Income Applicable To Common Shares | 83.7 M | 87.9 M | |
| Net Loss | -43 M | -40.8 M | |
| Income Tax Expense | 11.9 M | 12.5 M | |
| Interest Income | 3.4 M | 3 M | |
| Net Interest Income | -18.9 M | -18 M | |
| Non Operating Income Net Other | 506.7 K | 532 K | |
| Change To Netincome | 12.3 M | 12.9 M | |
| Net Income Per Share | 2.51 | 2.46 | |
| Income Quality | 0.22 | 0.21 | |
| Net Income Per E B T | 0.96 | 0.91 |
Ichor Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ichor Holdings. 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 Ichor Holdings 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 Ichor Holdings' important profitability drivers and their relationship over time.
Use Ichor Holdings 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 Ichor Holdings 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 Ichor Holdings will appreciate offsetting losses from the drop in the long position's value.Ichor Holdings Pair Trading
Ichor Holdings Pair Trading Analysis
The ability to find closely correlated positions to Ichor Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ichor Holdings 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 Ichor Holdings - 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 Ichor Holdings to buy it.
The correlation of Ichor Holdings 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 Ichor Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ichor Holdings 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 Ichor Holdings 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 Ichor Holdings position
In addition to having Ichor Holdings 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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Rentals
Companies providing rental and leasing services to public and business. The Rentals theme has 48 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 Rentals Theme or any other thematic opportunities.
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Additional Tools for Ichor Stock Analysis
When running Ichor Holdings' price analysis, check to measure Ichor Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ichor Holdings is operating at the current time. Most of Ichor Holdings' value examination focuses on studying past and present price action to predict the probability of Ichor Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ichor Holdings' price. Additionally, you may evaluate how the addition of Ichor Holdings to your portfolios can decrease your overall portfolio volatility.