Albany International Return On Equity vs. Current Valuation

AIN Stock  USD 82.24  0.85  1.02%   
Taking into consideration Albany International's profitability measurements, Albany International's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Albany International's ability to earn profits and add value for shareholders.
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.11558529
Current Value
0.1
Quarterly Volatility
0.04210293
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, Albany International's Price To Sales Ratio is very stable compared to the past year. As of the 4th of December 2024, Days Sales Outstanding is likely to grow to 156.94, while Operating Cash Flow Sales Ratio is likely to drop 0.09. At this time, Albany International's Change To Netincome is very stable compared to the past year. As of the 4th of December 2024, Net Income Per Share is likely to grow to 3.74, while Accumulated Other Comprehensive Income is likely to drop (139.8 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.440.3636
Fairly Up
Pretty Stable
Net Profit Margin0.10.0968
Sufficiently Up
Slightly volatile
Return On Assets0.03060.0606
Way Down
Slightly volatile
Return On Equity0.10.1156
Fairly Down
Pretty Stable
For Albany International profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Albany International to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Albany International utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Albany International's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Albany International over time as well as its relative position and ranking within its peers.
  

Albany International's Revenue Breakdown by Earning Segment

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Is Industrial Machinery & Supplies & Components 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 Albany International. If investors know Albany 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 Albany International 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
(0.34)
Dividend Share
1.04
Earnings Share
3.2
Revenue Per Share
40.587
Quarterly Revenue Growth
0.061
The market value of Albany International is measured differently than its book value, which is the value of Albany that is recorded on the company's balance sheet. Investors also form their own opinion of Albany International's value that differs from its market value or its book value, called intrinsic value, which is Albany International'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 Albany International's market value can be influenced by many factors that don't directly affect Albany International'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 Albany International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Albany International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Albany International'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.

Albany International Current Valuation vs. Return On Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Albany International's current stock value. Our valuation model uses many indicators to compare Albany International value to that of its competitors to determine the firm's financial worth.
Albany International is number one stock in return on equity category among its peers. It also is the top company in current valuation category among its peers reporting about  27,568,127,376  of Current Valuation per Return On Equity. At this time, Albany International's Return On Equity is very 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 Albany International's earnings, one of the primary drivers of an investment's value.

Albany Current Valuation 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.

Albany International

Return On Equity

 = 

Net Income

Total Equity

 = 
0.11
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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Albany International

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
2.9 B
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.

Albany Current Valuation vs Competition

Albany International is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is presently estimated at about 17.93 Billion. Albany International retains roughly 2.9 Billion in current valuation claiming about 16% of equities under Industrials industry.

Albany International Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Albany International, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Albany International will eventually generate negative long term returns. The profitability progress is the general direction of Albany International's change in net profit over the period of time. It can combine multiple indicators of Albany International, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income-133.2 M-139.8 M
Operating Income172.4 M181 M
Income Before Tax160.5 M168.5 M
Total Other Income Expense Net-11.9 M-12.5 M
Net Income111.1 M116.7 M
Income Tax Expense48.8 M51.3 M
Net Income Applicable To Common Shares110.1 M62.2 M
Net Income From Continuing Ops111.6 M70.8 M
Non Operating Income Net Other20.6 M21.6 M
Interest Income6.6 M8.3 M
Net Interest Income-13.8 M-14.5 M
Change To Netincome3.4 M3.5 M
Net Income Per Share 3.56  3.74 
Income Quality 1.33  1.27 
Net Income Per E B T 0.69  0.54 

Albany Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Albany International. 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 Albany International 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 Albany International's important profitability drivers and their relationship over time.

Use Albany International 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 Albany International 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 Albany International will appreciate offsetting losses from the drop in the long position's value.

Albany International Pair Trading

Albany International Pair Trading Analysis

The ability to find closely correlated positions to Albany International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Albany International 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 Albany International - 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 Albany International to buy it.
The correlation of Albany International 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 Albany International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Albany International 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 Albany International 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Albany International position

In addition to having Albany International 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.

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Run Financials Thematic Idea Now

Financials
Financials Theme
Companies that provide financial services to business or retail customers. The Financials theme has 20 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 Financials Theme or any other thematic opportunities.
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When determining whether Albany International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Albany International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Albany International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Albany International Stock:
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To learn how to invest in Albany Stock, please use our How to Invest in Albany International guide.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
To fully project Albany International's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Albany International 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 Albany International's income statement, its balance sheet, and the statement of cash flows.
Potential Albany International investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Albany International investors may work on each financial statement separately, they are all related. The changes in Albany International's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Albany International's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.