Johnson Outdoors Return On Asset vs. Price To Book

JOUT Stock  USD 35.17  0.17  0.49%   
Based on Johnson Outdoors' profitability indicators, Johnson Outdoors is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in January. Profitability indicators assess Johnson Outdoors' ability to earn profits and add value for shareholders. At this time, Johnson Outdoors' Days Sales Outstanding is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.10 in 2024, despite the fact that Operating Cash Flow Sales Ratio is likely to grow to (0.08). At this time, Johnson Outdoors' Accumulated Other Comprehensive Income is comparatively stable compared to the past year. Total Other Income Expense Net is likely to gain to about 11.7 M in 2024, whereas Net Income is likely to drop slightly above 14.4 M in 2024.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.460.365
Significantly Up
Slightly volatile
Net Profit Margin0.06280.0599
Sufficiently Up
Slightly volatile
Operating Profit Margin0.06730.0701
Sufficiently Down
Slightly volatile
Pretax Profit Margin0.08320.0792
Sufficiently Up
Slightly volatile
Return On Assets0.06870.0654
Sufficiently Up
Slightly volatile
Return On Equity0.06460.0912
Way Down
Slightly volatile
For Johnson Outdoors profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Johnson Outdoors to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Johnson Outdoors utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Johnson Outdoors's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Johnson Outdoors over time as well as its relative position and ranking within its peers.
  

Johnson Outdoors' Revenue Breakdown by Earning Segment

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For more information on how to buy Johnson Stock please use our How to Invest in Johnson Outdoors guide.
Is Leisure 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 Johnson Outdoors. If investors know Johnson 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 Johnson Outdoors 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
(0.89)
Earnings Share
(2.60)
Revenue Per Share
57.138
Quarterly Revenue Growth
(0.08)
Return On Assets
(0.02)
The market value of Johnson Outdoors is measured differently than its book value, which is the value of Johnson that is recorded on the company's balance sheet. Investors also form their own opinion of Johnson Outdoors' value that differs from its market value or its book value, called intrinsic value, which is Johnson Outdoors' 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 Johnson Outdoors' market value can be influenced by many factors that don't directly affect Johnson Outdoors' 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 Johnson Outdoors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Johnson Outdoors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Johnson Outdoors' 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.

Johnson Outdoors Price To Book vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Johnson Outdoors's current stock value. Our valuation model uses many indicators to compare Johnson Outdoors value to that of its competitors to determine the firm's financial worth.
Johnson Outdoors is rated below average in return on asset category among its peers. It is rated below average in price to book category among its peers . Price To Book Ratio is likely to gain to 1.55 in 2024. Comparative valuation analysis is a catch-all technique that is used if you cannot value Johnson Outdoors 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.

Johnson Price To Book vs. Return On Asset

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.

Johnson Outdoors

Return On Asset

 = 

Net Income

Total Assets

 = 
-0.021
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.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Johnson Outdoors

P/B

 = 

MV Per Share

BV Per Share

 = 
0.71 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

Johnson Price To Book Comparison

Johnson Outdoors is currently under evaluation in price to book category among its peers.

Johnson Outdoors Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Johnson Outdoors, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Johnson Outdoors will eventually generate negative long term returns. The profitability progress is the general direction of Johnson Outdoors' change in net profit over the period of time. It can combine multiple indicators of Johnson Outdoors, 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 Income3.8 MM
Operating Income13.5 M12.8 M
Income Before Tax29.7 M24 M
Total Other Income Expense Net11.1 M11.7 M
Net Income22.5 M14.4 M
Income Tax Expense7.2 M8.5 M
Net Income Applicable To Common Shares51.2 M25.9 M
Net Income From Continuing Ops22.5 M36 M
Non Operating Income Net Other-6.5 M-6.2 M
Interest IncomeM5.3 M
Net Interest IncomeM5.3 M
Change To Netincome13.2 M13.9 M
Net Income Per Share 4.44  4.67 
Income Quality(1.40)(1.33)
Net Income Per E B T 0.76  0.53 

Johnson Profitability Driver Comparison

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

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Companies making housewares accessories and providing houseware services. The Housewares theme has 39 constituents at this time.
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Additional Tools for Johnson Stock Analysis

When running Johnson Outdoors' price analysis, check to measure Johnson Outdoors' 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 Johnson Outdoors is operating at the current time. Most of Johnson Outdoors' value examination focuses on studying past and present price action to predict the probability of Johnson Outdoors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Johnson Outdoors' price. Additionally, you may evaluate how the addition of Johnson Outdoors to your portfolios can decrease your overall portfolio volatility.