Uniteds Cash Per Share vs. Return On Asset
| UNC Stock | CAD 131.95 0.95 0.73% |
Cash Per Share | First Reported 2010-12-31 | Previous Quarter 4.78804481 | Current Value 4.55 | Quarterly Volatility 24.74184027 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.21 | 0.2197 |
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| Net Profit Margin | 1.54 | 0.8316 |
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| Pretax Profit Margin | 1.32 | 0.9708 |
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For Uniteds profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Uniteds to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Uniteds Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Uniteds's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Uniteds Limited over time as well as its relative position and ranking within its peers.
Uniteds |
Uniteds Limited Return On Asset vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Uniteds's current stock value. Our valuation model uses many indicators to compare Uniteds value to that of its competitors to determine the firm's financial worth. Uniteds Limited is rated fifth in cash per share category among its peers. It is rated first in return on asset category among its peers reporting about 0.05 of Return On Asset per Cash Per Share. The ratio of Cash Per Share to Return On Asset for Uniteds Limited is roughly 18.30 . At this time, Uniteds' Cash Per Share is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Uniteds by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Uniteds' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Uniteds Return On Asset vs. Cash Per Share
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Uniteds |
| = | 2.89 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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.
Uniteds |
| = | 0.16 |
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.
Uniteds Return On Asset Comparison
Uniteds is currently under evaluation in return on asset category among its peers.
Uniteds Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Uniteds, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Uniteds will eventually generate negative long term returns. The profitability progress is the general direction of Uniteds' change in net profit over the period of time. It can combine multiple indicators of Uniteds, 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 | 413.8 M | 434.5 M | |
| Income Before Tax | 413.5 M | 434.2 M | |
| Total Other Income Expense Net | -259 K | -246.1 K | |
| Net Income | 354.2 M | 372 M | |
| Income Tax Expense | 59.3 M | 62.2 M | |
| Net Income From Continuing Ops | 354.2 M | 372 M | |
| Net Income Applicable To Common Shares | 12.1 M | 11.5 M | |
| Net Interest Income | 2.3 M | 2.4 M | |
| Interest Income | 2.5 M | 1.3 M | |
| Change To Netincome | 66.9 M | 70.3 M | |
| Net Income Per Share | 30.81 | 32.36 | |
| Income Quality | 0.13 | 0.12 | |
| Net Income Per E B T | 0.86 | 1.42 |
Uniteds Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Uniteds. 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 Uniteds 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 Uniteds' important profitability drivers and their relationship over time.
Use Uniteds 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 Uniteds 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 Uniteds will appreciate offsetting losses from the drop in the long position's value.Uniteds Pair Trading
Uniteds Limited Pair Trading Analysis
The ability to find closely correlated positions to Uniteds could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Uniteds 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 Uniteds - 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 Uniteds Limited to buy it.
The correlation of Uniteds 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 Uniteds moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Uniteds Limited 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 Uniteds 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 Uniteds position
In addition to having Uniteds 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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Utilities
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Other Information on Investing in Uniteds Stock
To fully project Uniteds' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Uniteds Limited 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 Uniteds' income statement, its balance sheet, and the statement of cash flows.