IES Holdings Price To Book vs. Cash And Equivalents

IESC Stock  USD 255.24  3.06  1.21%   
Based on IES Holdings' profitability indicators, IES Holdings' profitability may be sliding down. It has an above-average likelihood of reporting lower numbers next quarter. Profitability indicators assess IES Holdings' ability to earn profits and add value for shareholders. At present, IES Holdings' Days Sales Outstanding is projected to increase based on the last few years of reporting. The current year's EV To Sales is expected to grow to 2.15, whereas Operating Cash Flow Sales Ratio is forecasted to decline to 0.04. At present, IES Holdings' Income Before Tax is projected to increase significantly based on the last few years of reporting. The current year's Total Other Income Expense Net is expected to grow to about 4 M, whereas Net Income Applicable To Common Shares is forecasted to decline to about 22.5 M.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.160.2415
Way Down
Slightly volatile
For IES Holdings profitability analysis, we use financial ratios and fundamental drivers that measure the ability of IES Holdings to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well IES Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between IES Holdings's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of IES Holdings over time as well as its relative position and ranking within its peers.
  

IES Holdings' Revenue Breakdown by Earning Segment

Check out Risk vs Return Analysis.
For information on how to trade IES Stock refer to our How to Trade IES Stock guide.
Is Construction & Engineering 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 IES Holdings. If investors know IES 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 IES 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
2.296
Earnings Share
7.91
Revenue Per Share
136.443
Quarterly Revenue Growth
0.315
Return On Assets
0.1711
The market value of IES Holdings is measured differently than its book value, which is the value of IES that is recorded on the company's balance sheet. Investors also form their own opinion of IES Holdings' value that differs from its market value or its book value, called intrinsic value, which is IES 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 IES Holdings' market value can be influenced by many factors that don't directly affect IES 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 IES Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if IES Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IES 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.

IES Holdings Cash And Equivalents vs. Price To Book Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining IES Holdings's current stock value. Our valuation model uses many indicators to compare IES Holdings value to that of its competitors to determine the firm's financial worth.
IES Holdings is rated below average in price to book category among its peers. It is rated below average in cash and equivalents category among its peers creating about  2,070,037  of Cash And Equivalents per Price To Book. 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 IES Holdings' earnings, one of the primary drivers of an investment's value.

IES Cash And Equivalents vs. Price To Book

Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

IES Holdings

P/B

 = 

MV Per Share

BV Per Share

 = 
8.24 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

IES Holdings

Cash

 = 

Bank Deposits

+

Liquidities

 = 
17.06 M
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).

IES Cash And Equivalents Comparison

IES Holdings is currently under evaluation in cash and equivalents category among its peers.

IES Holdings Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in IES Holdings, profitability is also one of the essential criteria for including it into their portfolios because, without profit, IES Holdings will eventually generate negative long term returns. The profitability progress is the general direction of IES Holdings' change in net profit over the period of time. It can combine multiple indicators of IES 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 ReportedProjected for Next Year
Operating Income300.9 M315.9 M
Income Before Tax304.7 M319.9 M
Total Other Income Expense Net3.8 MM
Net Income232.5 M244.1 M
Income Tax Expense72.2 M75.8 M
Net Income Applicable To Common Shares40 M22.5 M
Net Income From Continuing Ops137.8 M144.6 M
Non Operating Income Net Other-42.5 K-40.4 K
Interest Income2.1 M1.7 M
Net Interest Income-2.7 M-2.9 M
Change To Netincome7.8 M8.2 M
Net Income Per Share 10.87  0.82 
Income Quality 1.01  1.02 
Net Income Per E B T 0.72  0.61 

IES Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on IES 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 IES 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 IES Holdings' important profitability drivers and their relationship over time.

Use IES 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 IES 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 IES Holdings will appreciate offsetting losses from the drop in the long position's value.

IES Holdings Pair Trading

IES Holdings Pair Trading Analysis

The ability to find closely correlated positions to IES 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 IES 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 IES 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 IES Holdings to buy it.
The correlation of IES 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 IES Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IES 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 IES 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your IES Holdings position

In addition to having IES 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.

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Shipbuilding Railroad Equipment
Shipbuilding Railroad Equipment Theme
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When determining whether IES Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IES Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ies Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ies Holdings Stock:
Check out Risk vs Return Analysis.
For information on how to trade IES Stock refer to our How to Trade IES Stock guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
To fully project IES Holdings' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of IES Holdings 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 IES Holdings' income statement, its balance sheet, and the statement of cash flows.
Potential IES Holdings investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although IES Holdings investors may work on each financial statement separately, they are all related. The changes in IES Holdings's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on IES Holdings's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.