Insteel Industries Shares Outstanding vs. Return On Equity
| IIIN Stock | USD 28.79 0.11 0.38% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.1 | 0.1007 |
|
| |||||
| Net Profit Margin | 0.0269 | 0.0499 |
|
| |||||
| Operating Profit Margin | 0.0487 | 0.0535 |
|
| |||||
| Pretax Profit Margin | 0.04 | 0.0643 |
|
| |||||
| Return On Assets | 0.048 | 0.0724 |
|
| |||||
| Return On Equity | 0.0622 | 0.085 |
|
|
For Insteel Industries profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Insteel Industries to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Insteel Industries utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Insteel Industries's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Insteel Industries over time as well as its relative position and ranking within its peers.
Insteel |
Is Building Products 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 Insteel Industries. If investors know Insteel 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 Insteel Industries 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 (0.04) | Dividend Share 0.12 | Earnings Share 0.99 | Revenue Per Share | Quarterly Revenue Growth 0.066 |
The market value of Insteel Industries is measured differently than its book value, which is the value of Insteel that is recorded on the company's balance sheet. Investors also form their own opinion of Insteel Industries' value that differs from its market value or its book value, called intrinsic value, which is Insteel Industries' 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 Insteel Industries' market value can be influenced by many factors that don't directly affect Insteel Industries' 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 Insteel Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Insteel Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Insteel Industries' 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.
Insteel Industries Return On Equity vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Insteel Industries's current stock value. Our valuation model uses many indicators to compare Insteel Industries value to that of its competitors to determine the firm's financial worth. Insteel Industries is rated fourth overall in shares outstanding category among its peers. It is rated third overall in return on equity category among its peers . The ratio of Shares Outstanding to Return On Equity for Insteel Industries is about 335,588,946 . At this time, Insteel Industries' 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 Insteel Industries' earnings, one of the primary drivers of an investment's value.Insteel Return On Equity vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Insteel Industries |
| = | 19.43 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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.
Insteel Industries |
| = | 0.0579 |
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.
Insteel Return On Equity Comparison
Insteel Industries is currently under evaluation in return on equity category among its peers.
Insteel Industries Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Insteel Industries, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Insteel Industries will eventually generate negative long term returns. The profitability progress is the general direction of Insteel Industries' change in net profit over the period of time. It can combine multiple indicators of Insteel Industries, 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 | -699.2 K | -734.2 K | |
| Operating Income | 23 M | 25.7 M | |
| Income Before Tax | 29.1 M | 22.9 M | |
| Total Other Income Expense Net | 6 M | 6.3 M | |
| Net Income | 22.2 M | 18.4 M | |
| Income Tax Expense | 6.9 M | 6.4 M | |
| Net Income Applicable To Common Shares | 37.3 M | 29.5 M | |
| Net Income From Continuing Ops | 22.2 M | 32.7 M | |
| Non Operating Income Net Other | 273.7 K | 260 K | |
| Interest Income | 6.2 M | 6.6 M | |
| Net Interest Income | 6.1 M | 6.5 M | |
| Change To Netincome | -1 M | -1.1 M | |
| Net Income Per Share | 1.66 | 1.75 | |
| Income Quality | 4.39 | 2.38 | |
| Net Income Per E B T | 0.78 | 0.82 |
Insteel Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Insteel Industries. 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 Insteel Industries 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 Insteel Industries' important profitability drivers and their relationship over time.
Learn to be your own money manager
Our tools can tell you how much better you can do entering a position in Insteel Industries without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Insider Screener Now
Insider ScreenerFind insiders across different sectors to evaluate their impact on performance |
| All Next | Launch Module |
Use Investing Themes to Complement your Insteel Industries position
In addition to having Insteel Industries 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 Junk Bonds Funds Thematic Idea Now
Junk Bonds Funds
Funds or Etfs that invest most of their assets into speculative (junk) bonds or to other fixed income instruments with interest rates 3 to 4 percentage points above government issues. The Junk Bonds Funds theme has 46 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 Junk Bonds Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Risk vs Return Analysis. To learn how to invest in Insteel Stock, please use our How to Invest in Insteel Industries guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
To fully project Insteel Industries' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Insteel Industries 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 Insteel Industries' income statement, its balance sheet, and the statement of cash flows.