Unity Bancorp Gross Profit vs. Return On Asset
| UNTY Stock | USD 45.40 0.25 0.55% |
Gross Profit | First Reported 1996-09-30 | Previous Quarter 25.5 M | Current Value 42.4 M | Quarterly Volatility 7.1 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Net Profit Margin | 0.42 | 0.3972 |
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| Operating Profit Margin | 0.56 | 0.5301 |
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| Pretax Profit Margin | 0.56 | 0.5301 |
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| Return On Assets | 0.0162 | 0.0154 |
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| Return On Equity | 0.16 | 0.1519 |
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For Unity Bancorp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Unity Bancorp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Unity Bancorp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Unity Bancorp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Unity Bancorp over time as well as its relative position and ranking within its peers.
Unity |
Unity Bancorp's Revenue Breakdown by Earning Segment
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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 Unity Bancorp. If investors know Unity 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 Unity Bancorp 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 0.103 | Dividend Share 0.51 | Earnings Share 3.9 | Revenue Per Share 10.035 | Quarterly Revenue Growth 0.062 |
The market value of Unity Bancorp is measured differently than its book value, which is the value of Unity that is recorded on the company's balance sheet. Investors also form their own opinion of Unity Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Unity Bancorp'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 Unity Bancorp's market value can be influenced by many factors that don't directly affect Unity Bancorp'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 Unity Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unity Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unity Bancorp'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.
Unity Bancorp Return On Asset vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Unity Bancorp's current stock value. Our valuation model uses many indicators to compare Unity Bancorp value to that of its competitors to determine the firm's financial worth. Unity Bancorp is rated fifth in gross profit category among its peers. It is rated first in return on asset category among its peers . The ratio of Gross Profit to Return On Asset for Unity Bancorp is about 6,143,398,693 . At this time, Unity Bancorp's Gross Profit 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 Unity Bancorp's earnings, one of the primary drivers of an investment's value.Unity Return On Asset vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Unity Bancorp |
| = | 93.99 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.
Unity Bancorp |
| = | 0.0153 |
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.
Unity Return On Asset Comparison
Unity Bancorp is currently under evaluation in return on asset category among its peers.
Unity Bancorp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Unity Bancorp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Unity Bancorp will eventually generate negative long term returns. The profitability progress is the general direction of Unity Bancorp's change in net profit over the period of time. It can combine multiple indicators of Unity Bancorp, 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 | -2.7 M | -2.6 M | |
| Operating Income | 53 M | 55.6 M | |
| Income Before Tax | 53 M | 55.6 M | |
| Total Other Income Expense Net | 53 M | 55.6 M | |
| Net Income | 39.7 M | 41.7 M | |
| Income Tax Expense | 13.3 M | 14 M | |
| Net Income Applicable To Common Shares | 44.2 M | 46.4 M | |
| Net Income From Continuing Ops | 39.9 M | 21.2 M | |
| Net Interest Income | 95.7 M | 68 M | |
| Interest Income | 136.1 M | 84 M | |
| Change To Netincome | 4.6 M | 4.4 M | |
| Net Income Per Share | 3.89 | 4.08 | |
| Income Quality | 1.18 | 0.90 | |
| Net Income Per E B T | 0.75 | 0.79 |
Unity Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Unity Bancorp. 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 Unity Bancorp 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 Unity Bancorp's important profitability drivers and their relationship over time.
Use Unity Bancorp 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 Unity Bancorp 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 Unity Bancorp will appreciate offsetting losses from the drop in the long position's value.Unity Bancorp Pair Trading
Unity Bancorp Pair Trading Analysis
The ability to find closely correlated positions to Unity Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Unity Bancorp 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 Unity Bancorp - 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 Unity Bancorp to buy it.
The correlation of Unity Bancorp 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 Unity Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Unity Bancorp 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 Unity Bancorp 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 Unity Bancorp position
In addition to having Unity Bancorp 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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Additional Tools for Unity Stock Analysis
When running Unity Bancorp's price analysis, check to measure Unity Bancorp'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 Unity Bancorp is operating at the current time. Most of Unity Bancorp's value examination focuses on studying past and present price action to predict the probability of Unity Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unity Bancorp's price. Additionally, you may evaluate how the addition of Unity Bancorp to your portfolios can decrease your overall portfolio volatility.