National Bankshares Net Income vs. Price To Book
| NKSH Stock | USD 32.10 0.28 0.88% |
Net Income | First Reported 1995-09-30 | Previous Quarter -306 K | Current Value 2.7 M | Quarterly Volatility 1.3 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.74 | 0.8942 |
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| Net Profit Margin | 0.55 | 0.3364 |
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| Operating Profit Margin | 0.38 | 0.4004 |
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| Pretax Profit Margin | 0.73 | 0.4004 |
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| Return On Assets | 0.0155 | 0.0095 |
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| Return On Equity | 0.13 | 0.1117 |
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For National Bankshares profitability analysis, we use financial ratios and fundamental drivers that measure the ability of National Bankshares to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well National Bankshares utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between National Bankshares's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of National Bankshares over time as well as its relative position and ranking within its peers.
National |
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 National Bankshares. If investors know National 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 National Bankshares 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 (0.19) | Dividend Share 1.51 | Earnings Share 1.46 | Revenue Per Share 7.192 | Quarterly Revenue Growth 0.051 |
The market value of National Bankshares is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Bankshares' value that differs from its market value or its book value, called intrinsic value, which is National Bankshares' 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 National Bankshares' market value can be influenced by many factors that don't directly affect National Bankshares' 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 National Bankshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if National Bankshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Bankshares' 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.
National Bankshares Price To Book vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining National Bankshares's current stock value. Our valuation model uses many indicators to compare National Bankshares value to that of its competitors to determine the firm's financial worth. National Bankshares is considered to be number one stock in net income category among its peers. It is regarded second in price to book category among its peers . The ratio of Net Income to Price To Book for National Bankshares is about 12,893,180 . As of now, National Bankshares' Net Income is increasing as compared to previous years. 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 National Bankshares' earnings, one of the primary drivers of an investment's value.National Price To Book vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
National Bankshares |
| = | 15.69 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
National Bankshares |
| = | 1.22 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.
National Price To Book Comparison
National Bankshares is currently under evaluation in price to book category among its peers.
National Bankshares Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in National Bankshares, profitability is also one of the essential criteria for including it into their portfolios because, without profit, National Bankshares will eventually generate negative long term returns. The profitability progress is the general direction of National Bankshares' change in net profit over the period of time. It can combine multiple indicators of National Bankshares, 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 | -64.9 M | -61.6 M | |
| Operating Income | 18.7 M | 30 M | |
| Income Before Tax | 18.7 M | 18.7 M | |
| Total Other Income Expense Net | 320 K | 336 K | |
| Net Income | 15.7 M | 14.6 M | |
| Income Tax Expense | 3 M | 4.1 M | |
| Net Income Applicable To Common Shares | 29.8 M | 16.3 M | |
| Net Income From Continuing Ops | 20.8 M | 20 M | |
| Net Interest Income | 41.8 M | 43.7 M | |
| Interest Income | 57.3 M | 50.1 M | |
| Change To Netincome | 220.5 K | 280.1 K | |
| Net Income Per Share | 2.66 | 1.58 | |
| Income Quality | 0.99 | 1.33 | |
| Net Income Per E B T | 0.84 | 0.62 |
National Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on National Bankshares. 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 National Bankshares 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 National Bankshares' important profitability drivers and their relationship over time.
Use National Bankshares 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 National Bankshares 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 National Bankshares will appreciate offsetting losses from the drop in the long position's value.National Bankshares Pair Trading
National Bankshares Pair Trading Analysis
The ability to find closely correlated positions to National Bankshares could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace National Bankshares 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 National Bankshares - 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 National Bankshares to buy it.
The correlation of National Bankshares 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 National Bankshares moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if National Bankshares 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 National Bankshares 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 National Bankshares position
In addition to having National Bankshares 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 Investor Favorites Thematic Idea Now
Investor Favorites
Macroaxis most traded equities with largest long positions over the last 2 years. The Investor Favorites theme has 21 constituents at this time.
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Check out Correlation Analysis. For more detail on how to invest in National Stock please use our How to Invest in National Bankshares guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
To fully project National Bankshares' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of National Bankshares 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 National Bankshares' income statement, its balance sheet, and the statement of cash flows.