ING Group Shares Outstanding vs. Return On Asset

ING Stock  USD 15.63  0.05  0.32%   
Considering ING Group's profitability and operating efficiency indicators, ING Group NV may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess ING Group's ability to earn profits and add value for shareholders. The current Price To Sales Ratio is estimated to decrease to 2.60. The current Days Sales Outstanding is estimated to decrease to 16.41. At this time, ING Group's Income Tax Expense is most likely to increase significantly in the upcoming years. The ING Group's current Net Income Applicable To Common Shares is estimated to increase to about 4.6 B, while Operating Income is forecasted to increase to (223.2 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.841.15
Way Down
Slightly volatile
Net Profit Margin0.390.4134
Notably Down
Slightly volatile
Operating Profit Margin153145
Sufficiently Up
Slightly volatile
Pretax Profit Margin0.570.5952
Sufficiently Down
Slightly volatile
Return On Assets0.00590.0075
Significantly Down
Slightly volatile
Return On Equity0.130.1422
Significantly Down
Slightly volatile
For ING Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ING Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ING Group NV utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ING Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ING Group NV over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis.
Is Diversified 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 ING Group. If investors know ING 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 ING Group 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
0.054
Dividend Share
1.106
Earnings Share
2.14
Revenue Per Share
5.223
Quarterly Revenue Growth
(0.01)
The market value of ING Group NV is measured differently than its book value, which is the value of ING that is recorded on the company's balance sheet. Investors also form their own opinion of ING Group's value that differs from its market value or its book value, called intrinsic value, which is ING Group'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 ING Group's market value can be influenced by many factors that don't directly affect ING Group'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 ING Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if ING Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ING Group'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.

ING Group NV Return On Asset vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining ING Group's current stock value. Our valuation model uses many indicators to compare ING Group value to that of its competitors to determine the firm's financial worth.
ING Group NV is rated below average in shares outstanding category among its peers. It is rated below average in return on asset category among its peers . The ratio of Shares Outstanding to Return On Asset for ING Group NV is about  816,189,440,000 . The current Return On Assets is estimated to decrease to 0.01. Comparative valuation analysis is a catch-all technique that is used if you cannot value ING Group 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.

ING Return On Asset 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.

ING Group

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
3.1 B
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 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.

ING Group

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0038
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.

ING Return On Asset Comparison

ING Group is currently under evaluation in return on asset category among its peers.

ING Group Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in ING Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ING Group will eventually generate negative long term returns. The profitability progress is the general direction of ING Group's change in net profit over the period of time. It can combine multiple indicators of ING Group, 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-2.8 B-2.6 B
Operating Income-235 M-223.2 M
Income Before Tax10.5 B6.4 B
Total Other Income Expense Net10.5 B11 B
Net Income4.1 B4.5 B
Income Tax ExpenseB3.1 B
Net Income Applicable To Common Shares3.3 B4.6 B
Net Income From Continuing Ops7.5 B5.2 B
Net Interest Income16 B14.7 B
Interest Income52.2 B54.8 B
Change To Netincome-639.9 M-607.9 M
Net Income Per Share 2.05  1.86 
Income Quality(2.74)(2.60)
Net Income Per E B T 0.69  0.81 

ING Profitability Driver Comparison

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

Use ING Group 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 ING Group 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 ING Group will appreciate offsetting losses from the drop in the long position's value.

ING Group Pair Trading

ING Group NV Pair Trading Analysis

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

In addition to having ING Group 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 Petroleum and Natural Gas Thematic Idea Now

Petroleum and Natural Gas
Petroleum and Natural Gas Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Petroleum and Natural Gas 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 Petroleum and Natural Gas Theme or any other thematic opportunities.
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When determining whether ING Group NV is a strong investment it is important to analyze ING Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ING Group's future performance. For an informed investment choice regarding ING Stock, refer to the following important reports:
To fully project ING Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ING Group NV 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 ING Group's income statement, its balance sheet, and the statement of cash flows.
Potential ING Group investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although ING Group investors may work on each financial statement separately, they are all related. The changes in ING Group's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ING Group'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.