Kirby Return On Equity vs. Profit Margin
| KEX Stock | USD 128.81 0.49 0.38% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.06998582 | Current Value 0.0594 | Quarterly Volatility 0.06863378 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.35 | 0.2264 |
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For Kirby profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kirby to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kirby utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kirby's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kirby over time as well as its relative position and ranking within its peers.
Kirby |
Kirby's Revenue Breakdown by Earning Segment
Check out Correlation Analysis.
Is Marine Transportation 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 Kirby. If investors know Kirby 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 Kirby 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 1.021 | Earnings Share 5.21 | Revenue Per Share 55.929 | Quarterly Revenue Growth 0.206 | Return On Assets 0.0484 |
The market value of Kirby is measured differently than its book value, which is the value of Kirby that is recorded on the company's balance sheet. Investors also form their own opinion of Kirby's value that differs from its market value or its book value, called intrinsic value, which is Kirby'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 Kirby's market value can be influenced by many factors that don't directly affect Kirby'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 Kirby's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kirby is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kirby'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.
Kirby Profit Margin vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Kirby's current stock value. Our valuation model uses many indicators to compare Kirby value to that of its competitors to determine the firm's financial worth. Kirby is rated fifth overall in return on equity category among its peers. It is rated below average in profit margin category among its peers fabricating about 0.99 of Profit Margin per Return On Equity. The ratio of Return On Equity to Profit Margin for Kirby is roughly 1.01 . At this time, Kirby's Return On Equity is fairly stable compared to the past year. 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 Kirby's earnings, one of the primary drivers of an investment's value.Kirby Profit Margin 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.
Kirby |
| = | 0.0947 |
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.
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.
Kirby |
| = | 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.
Kirby Profit Margin Comparison
Kirby is currently under evaluation in profit margin category among its peers.
Kirby Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Kirby, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Kirby will eventually generate negative long term returns. The profitability progress is the general direction of Kirby's change in net profit over the period of time. It can combine multiple indicators of Kirby, 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 M | 36.8 M | |
| Operating Income | 335.1 M | 351.8 M | |
| Income Before Tax | 294.1 M | 308.8 M | |
| Total Other Income Expense Net | -41 M | -38.9 M | |
| Net Income | 222.9 M | 234 M | |
| Income Tax Expense | 71.2 M | 74.8 M | |
| Net Income Applicable To Common Shares | 110 M | 80.3 M | |
| Net Income From Continuing Ops | 222.9 M | 234.1 M | |
| Non Operating Income Net Other | 19.2 M | 20.1 M | |
| Interest Income | 51.3 M | 40.5 M | |
| Net Interest Income | -52 M | -54.6 M | |
| Change To Netincome | 50.9 M | 92.4 M | |
| Net Income Per Share | 3.74 | 3.93 | |
| Income Quality | 2.42 | 2.67 | |
| Net Income Per E B T | 0.76 | 0.62 |
Kirby Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Kirby. 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 Kirby 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 Kirby's important profitability drivers and their relationship over time.
Use Kirby 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 Kirby 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 Kirby will appreciate offsetting losses from the drop in the long position's value.Kirby Pair Trading
Kirby Pair Trading Analysis
The ability to find closely correlated positions to Kirby could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kirby 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 Kirby - 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 Kirby to buy it.
The correlation of Kirby 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 Kirby moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kirby 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 Kirby 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 Kirby position
In addition to having Kirby 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 Railroads Thematic Idea Now
Railroads
Companies involved in manufacturing and maintenance of freight railroads and passenger trains as well as providing railroad services to public. The Railroads theme has 41 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 Railroads Theme or any other thematic opportunities.
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Additional Tools for Kirby Stock Analysis
When running Kirby's price analysis, check to measure Kirby's 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 Kirby is operating at the current time. Most of Kirby's value examination focuses on studying past and present price action to predict the probability of Kirby's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kirby's price. Additionally, you may evaluate how the addition of Kirby to your portfolios can decrease your overall portfolio volatility.