Macys Return On Equity vs. Shares Outstanding

M Stock  USD 16.65  0.41  2.52%   
Based on Macys' profitability indicators, Macys Inc is performing exceptionally good at the moment. It has a great risk to showcase excellent profitability results in January. Profitability indicators assess Macys' ability to earn profits and add value for shareholders.
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.02538071
Current Value
0.28374861
Quarterly Volatility
0.09005681
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, Macys' Price To Sales Ratio is very stable compared to the past year. As of the 23rd of December 2024, Days Sales Outstanding is likely to grow to 5.51, while Sales General And Administrative To Revenue is likely to drop 0.30. As of the 23rd of December 2024, Net Income Per Share is likely to grow to 4.30, while Accumulated Other Comprehensive Income is likely to drop (520.8 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.40.4074
Fairly Down
Pretty Stable
Net Profit Margin0.05430.0044
Way Up
Slightly volatile
Operating Profit Margin0.09960.016
Way Up
Slightly volatile
Pretax Profit Margin0.0850.0052
Way Up
Slightly volatile
Return On Assets0.07110.0065
Way Up
Slightly volatile
Return On Equity0.280.0254
Way Up
Slightly volatile
For Macys profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Macys to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Macys Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Macys's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Macys Inc over time as well as its relative position and ranking within its peers.
  

Macys' Revenue Breakdown by Earning Segment

Check out Correlation Analysis.
Is Broadline Retail 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 Macys. If investors know Macys 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 Macys 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
(0.61)
Earnings Share
0.61
Revenue Per Share
85.208
Quarterly Revenue Growth
(0.04)
Return On Assets
0.0511
The market value of Macys Inc is measured differently than its book value, which is the value of Macys that is recorded on the company's balance sheet. Investors also form their own opinion of Macys' value that differs from its market value or its book value, called intrinsic value, which is Macys' 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 Macys' market value can be influenced by many factors that don't directly affect Macys' 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 Macys' value and its price as these two are different measures arrived at by different means. Investors typically determine if Macys is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Macys' 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.

Macys Inc Shares Outstanding vs. Return On Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Macys's current stock value. Our valuation model uses many indicators to compare Macys value to that of its competitors to determine the firm's financial worth.
Macys Inc is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in shares outstanding category among its peers creating about  6,426,759,259  of Shares Outstanding per Return On Equity. At this time, Macys' Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Macys 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.

Macys Shares Outstanding vs. Return On Equity

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.

Macys

Return On Equity

 = 

Net Income

Total Equity

 = 
0.0432
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.
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.

Macys

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
277.64 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.

Macys Shares Outstanding Comparison

Macys is currently under evaluation in shares outstanding category among its peers.

Macys Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Macys, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Macys will eventually generate negative long term returns. The profitability progress is the general direction of Macys' change in net profit over the period of time. It can combine multiple indicators of Macys, 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-496 M-520.8 M
Operating Income382 M362.9 M
Income Before Tax124 M117.8 M
Total Other Income Expense Net-258 M-270.9 M
Net Income105 M99.8 M
Income Tax Expense19 M18.1 M
Net Income Applicable To Common Shares1.1 B617.3 M
Net Income From Continuing Ops105 M99.8 M
Non Operating Income Net Other-11.5 M-12.1 M
Interest Income186.3 M154.4 M
Net Interest Income-135 M-141.8 M
Change To Netincome27.6 M26.2 M
Net Income Per Share 0.38  4.30 
Income Quality 12.43  1.78 
Net Income Per E B T 0.85  0.64 

Macys Profitability Driver Comparison

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

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

Macys Pair Trading

Macys Inc Pair Trading Analysis

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

In addition to having Macys 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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Health Care ETFs
Health Care ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Health Care ETFs theme has 47 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 Health Care ETFs Theme or any other thematic opportunities.
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To fully project Macys' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Macys Inc 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 Macys' income statement, its balance sheet, and the statement of cash flows.
Potential Macys investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Macys investors may work on each financial statement separately, they are all related. The changes in Macys's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Macys'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.