Eastman Kodak Net Income vs. Return On Equity
| KODK Stock | USD 7.29 0.16 2.15% |
Net Income | First Reported 1989-06-30 | Previous Quarter 26 M | Current Value 18 M | Quarterly Volatility 350.1 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.36 | 0.188 |
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For Eastman Kodak profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Eastman Kodak to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Eastman Kodak Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Eastman Kodak's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Eastman Kodak Co over time as well as its relative position and ranking within its peers.
Eastman |
Eastman Kodak's Revenue Breakdown by Earning Segment
Check out Correlation Analysis.
Is Technology Hardware, Storage & Peripherals 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 Eastman Kodak. If investors know Eastman 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 Eastman Kodak 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 (0.29) | Earnings Share 0.7 | Revenue Per Share 13.162 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0393 |
The market value of Eastman Kodak is measured differently than its book value, which is the value of Eastman that is recorded on the company's balance sheet. Investors also form their own opinion of Eastman Kodak's value that differs from its market value or its book value, called intrinsic value, which is Eastman Kodak'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 Eastman Kodak's market value can be influenced by many factors that don't directly affect Eastman Kodak'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 Eastman Kodak's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastman Kodak is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastman Kodak'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.
Eastman Kodak Return On Equity vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Eastman Kodak's current stock value. Our valuation model uses many indicators to compare Eastman Kodak value to that of its competitors to determine the firm's financial worth. Eastman Kodak Co is currently regarded as number one stock in net income category among its peers. It also is currently regarded as number one stock in return on equity category among its peers . The ratio of Net Income to Return On Equity for Eastman Kodak Co is about 1,094,890,511 . At this time, Eastman Kodak's Net Income is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Eastman Kodak 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.Eastman Return On Equity vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Eastman Kodak |
| = | 75 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
Eastman Kodak |
| = | 0.0685 |
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.
Eastman Return On Equity Comparison
Eastman Kodak is currently under evaluation in return on equity category among its peers.
Eastman Kodak Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Eastman Kodak, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Eastman Kodak will eventually generate negative long term returns. The profitability progress is the general direction of Eastman Kodak's change in net profit over the period of time. It can combine multiple indicators of Eastman Kodak, 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 | 281 M | 295.1 M | |
| Operating Income | 4 M | 3.8 M | |
| Income Before Tax | 87 M | 82.7 M | |
| Total Other Income Expense Net | 83 M | 87.2 M | |
| Net Income | 75 M | 71.2 M | |
| Income Tax Expense | 12 M | 11.4 M | |
| Net Income Applicable To Common Shares | 11.7 M | 11.1 M | |
| Net Income From Continuing Ops | 75 M | 78.8 M | |
| Non Operating Income Net Other | 5.8 M | 6 M | |
| Interest Income | 15 M | 16.4 M | |
| Net Interest Income | -37 M | -38.9 M | |
| Change To Netincome | -72 M | -68.4 M | |
| Net Income Per Share | 0.94 | 0.99 | |
| Income Quality | 0.51 | 0.48 | |
| Net Income Per E B T | 0.86 | 0.91 |
Eastman Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Eastman Kodak. 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 Eastman Kodak 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 Eastman Kodak's important profitability drivers and their relationship over time.
Use Eastman Kodak 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 Eastman Kodak 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 Eastman Kodak will appreciate offsetting losses from the drop in the long position's value.Eastman Kodak Pair Trading
Eastman Kodak Co Pair Trading Analysis
The ability to find closely correlated positions to Eastman Kodak could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eastman Kodak 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 Eastman Kodak - 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 Eastman Kodak Co to buy it.
The correlation of Eastman Kodak 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 Eastman Kodak moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eastman Kodak 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 Eastman Kodak 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 Eastman Kodak position
In addition to having Eastman Kodak 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?
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Check out Correlation Analysis. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
To fully project Eastman Kodak's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Eastman Kodak 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 Eastman Kodak's income statement, its balance sheet, and the statement of cash flows.