North American Return On Asset vs. Profit Margin
| NOA Stock | USD 19.41 0.63 3.14% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.15 | 0.1611 |
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For North American profitability analysis, we use financial ratios and fundamental drivers that measure the ability of North American to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well North American Construction utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between North American's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of North American Construction over time as well as its relative position and ranking within its peers.
North |
Is Oil & Gas Equipment & Services 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 North American. If investors know North 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 North American 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 0.196 | Dividend Share 0.4 | Earnings Share 1.36 | Revenue Per Share 44.139 | Quarterly Revenue Growth 0.457 |
The market value of North American Const is measured differently than its book value, which is the value of North that is recorded on the company's balance sheet. Investors also form their own opinion of North American's value that differs from its market value or its book value, called intrinsic value, which is North American'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 North American's market value can be influenced by many factors that don't directly affect North American'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 North American's value and its price as these two are different measures arrived at by different means. Investors typically determine if North American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, North American'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.
North American Const Profit Margin vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining North American's current stock value. Our valuation model uses many indicators to compare North American value to that of its competitors to determine the firm's financial worth. North American Construction is considered to be number one stock in return on asset category among its peers. It is rated below average in profit margin category among its peers fabricating about 0.58 of Profit Margin per Return On Asset. The ratio of Return On Asset to Profit Margin for North American Construction is roughly 1.71 . At present, North American's Net Profit Margin is projected to increase slightly based on the last few years of reporting. 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 North American's earnings, one of the primary drivers of an investment's value.North Profit Margin vs. Return On Asset
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.
North American |
| = | 0.0824 |
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.
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.
North American |
| = | 0.05 % |
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.
North Profit Margin Comparison
North American is currently under evaluation in profit margin category among its peers.
North American Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in North American, profitability is also one of the essential criteria for including it into their portfolios because, without profit, North American will eventually generate negative long term returns. The profitability progress is the general direction of North American's change in net profit over the period of time. It can combine multiple indicators of North American, 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 | -407 K | -427.4 K | |
| Operating Income | 95.7 M | 100.5 M | |
| Income Before Tax | 86 M | 90.3 M | |
| Total Other Income Expense Net | -9.8 M | -10.2 M | |
| Net Income | 63.1 M | 66.3 M | |
| Income Tax Expense | 22.8 M | 24 M | |
| Net Income From Continuing Ops | 71.6 M | 75.2 M | |
| Net Income Applicable To Common Shares | 77.5 M | 81.4 M | |
| Interest Income | 21.6 K | 20.5 K | |
| Net Interest Income | -30.7 M | -29.2 M | |
| Change To Netincome | -6 M | -5.7 M | |
| Net Income Per Share | 2.38 | 2.50 | |
| Income Quality | 4.28 | 4.50 | |
| Net Income Per E B T | 0.73 | 0.51 |
North Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on North American. 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 North American 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 North American's important profitability drivers and their relationship over time.
Use North American 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 North American 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 North American will appreciate offsetting losses from the drop in the long position's value.North American Pair Trading
North American Construction Pair Trading Analysis
The ability to find closely correlated positions to North American could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace North American 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 North American - 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 North American Construction to buy it.
The correlation of North American 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 North American moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if North American Const 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 North American 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 North American position
In addition to having North American 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 Hotels Thematic Idea Now
Hotels
Hotels, inns, motels, and other companies providing lodging and hospitality services. The Hotels theme has 37 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 Hotels Theme or any other thematic opportunities.
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Check out Correlation Analysis. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
To fully project North American's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of North American Const 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 North American's income statement, its balance sheet, and the statement of cash flows.