Core Main Price To Earning vs. Shares Owned By Institutions
| CNM Stock | USD 48.55 1.44 3.06% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.24 | 0.2713 |
|
| |||||
| Net Profit Margin | 0.0102 | 0.0554 |
|
| |||||
| Operating Profit Margin | 0.0509 | 0.1104 |
|
| |||||
| Pretax Profit Margin | 0.0127 | 0.0983 |
|
| |||||
| Return On Assets | 0.0103 | 0.0732 |
|
| |||||
| Return On Equity | 0.0549 | 0.2557 |
|
|
For Core Main profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Core Main to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Core Main utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Core Main's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Core Main over time as well as its relative position and ranking within its peers.
Core |
Core Main's Revenue Breakdown by Earning Segment
Check out Trending Equities.
Is Trading Companies & Distributors 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 Core Main. If investors know Core 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 Core Main 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 (0.07) | Earnings Share 2.1 | Revenue Per Share 37.819 | Quarterly Revenue Growth 0.055 | Return On Assets 0.0797 |
The market value of Core Main is measured differently than its book value, which is the value of Core that is recorded on the company's balance sheet. Investors also form their own opinion of Core Main's value that differs from its market value or its book value, called intrinsic value, which is Core Main'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 Core Main's market value can be influenced by many factors that don't directly affect Core Main'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 Core Main's value and its price as these two are different measures arrived at by different means. Investors typically determine if Core Main is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Core Main'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.
Core Main Shares Owned By Institutions vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Core Main's current stock value. Our valuation model uses many indicators to compare Core Main value to that of its competitors to determine the firm's financial worth. Core Main is number one stock in price to earning category among its peers. It also is number one stock in shares owned by institutions category among its peers producing about 1.53 of Shares Owned By Institutions per Price To Earning. Comparative valuation analysis is a catch-all technique that is used if you cannot value Core Main by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Core Shares Owned By Institutions vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Core Main |
| = | 65.20 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Core Main |
| = | 99.67 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Core Shares Owned By Institutions Comparison
Core Main is currently under evaluation in shares owned by institutions category among its peers.
Core Main Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Core Main, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Core Main will eventually generate negative long term returns. The profitability progress is the general direction of Core Main's change in net profit over the period of time. It can combine multiple indicators of Core Main, 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 | 46 M | 48.3 M | |
| Net Income Applicable To Common Shares | 420.9 M | 441.9 M | |
| Income Tax Expense | 147.2 M | 154.6 M | |
| Net Interest Income | -81 M | -85 M | |
| Interest Income | 59.4 M | 82.9 M | |
| Operating Income | 740 M | 443.5 M | |
| Net Income From Continuing Ops | 531 M | 267.5 M | |
| Income Before Tax | 659 M | 692 M | |
| Total Other Income Expense Net | -81 M | -85 M | |
| Net Income | 371 M | 211.4 M | |
| Change To Netincome | 12.7 M | 12 M | |
| Net Income Per Share | 2.15 | 0.23 | |
| Income Quality | 2.88 | 4.94 | |
| Net Income Per E B T | 0.56 | 0.80 |
Core Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Core Main. 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 Core Main 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 Core Main's important profitability drivers and their relationship over time.
Use Core Main 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 Core Main 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 Core Main will appreciate offsetting losses from the drop in the long position's value.Core Main Pair Trading
Core Main Pair Trading Analysis
The ability to find closely correlated positions to Core Main could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Core Main 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 Core Main - 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 Core Main to buy it.
The correlation of Core Main 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 Core Main moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Core Main 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 Core Main 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 Core Main position
In addition to having Core Main 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 Measuring and Control Equipment Thematic Idea Now
Measuring and Control Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Measuring and Control Equipment theme has 61 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 Measuring and Control Equipment Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Trending Equities. To learn how to invest in Core Stock, please use our How to Invest in Core Main guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
To fully project Core Main's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Core Main 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 Core Main's income statement, its balance sheet, and the statement of cash flows.