National Presto Return On Equity vs. Profit Margin
| NPK Stock | USD 89.00 0.42 0.47% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.11277735 | Current Value 0.08 | Quarterly Volatility 0.02536927 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.32 | 0.2024 |
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| Net Profit Margin | 0.14 | 0.1068 |
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| Operating Profit Margin | 0.15 | 0.1165 |
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| Pretax Profit Margin | 0.2 | 0.1305 |
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| Return On Assets | 0.0694 | 0.0914 |
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| Return On Equity | 0.08 | 0.1128 |
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For National Presto profitability analysis, we use financial ratios and fundamental drivers that measure the ability of National Presto to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well National Presto Industries utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between National Presto's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of National Presto Industries over time as well as its relative position and ranking within its peers.
National |
Is Aerospace & Defense 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 National Presto. If investors know National 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 National Presto 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 0.571 | Dividend Share 1 | Earnings Share 5.79 | Revenue Per Share | Quarterly Revenue Growth 0.369 |
The market value of National Presto Indu is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Presto's value that differs from its market value or its book value, called intrinsic value, which is National Presto'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 National Presto's market value can be influenced by many factors that don't directly affect National Presto'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 National Presto's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Presto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Presto'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.
National Presto Indu Profit Margin vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining National Presto's current stock value. Our valuation model uses many indicators to compare National Presto value to that of its competitors to determine the firm's financial worth. National Presto Industries is regarded third in return on equity category among its peers. It is regarded fourth in profit margin category among its peers fabricating about 0.93 of Profit Margin per Return On Equity. The ratio of Return On Equity to Profit Margin for National Presto Industries is roughly 1.07 . At this time, National Presto's Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value National Presto 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.National Profit Margin 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.
National Presto |
| = | 0.11 |
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.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
National Presto |
| = | 0.11 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
National Profit Margin Comparison
National Presto is currently under evaluation in profit margin category among its peers.
National Presto Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in National Presto, profitability is also one of the essential criteria for including it into their portfolios because, without profit, National Presto will eventually generate negative long term returns. The profitability progress is the general direction of National Presto's change in net profit over the period of time. It can combine multiple indicators of National Presto, 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 | 35 K | 36.8 K | |
| Operating Income | 45.2 M | 39.1 M | |
| Income Before Tax | 50.7 M | 45.1 M | |
| Total Other Income Expense Net | 5.5 M | 4.1 M | |
| Net Income | 41.5 M | 32.6 M | |
| Income Tax Expense | 9.2 M | 13.2 M | |
| Net Income Applicable To Common Shares | 23.8 M | 37.4 M | |
| Net Income From Continuing Ops | 41.5 M | 30.3 M | |
| Non Operating Income Net Other | 4.4 M | 2.6 M | |
| Net Interest Income | 729 K | 648 K | |
| Interest Income | 729 K | 648 K | |
| Change To Netincome | 3.3 M | 3.4 M | |
| Net Income Per Share | 5.82 | 3.40 | |
| Income Quality | (1.29) | (1.22) | |
| Net Income Per E B T | 0.82 | 0.58 |
National Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on National Presto. 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 National Presto 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 National Presto's important profitability drivers and their relationship over time.
Use National Presto 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 National Presto 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 National Presto will appreciate offsetting losses from the drop in the long position's value.National Presto Pair Trading
National Presto Industries Pair Trading Analysis
The ability to find closely correlated positions to National Presto could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace National Presto 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 National Presto - 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 National Presto Industries to buy it.
The correlation of National Presto 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 National Presto moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if National Presto Indu 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 National Presto 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 National Presto position
In addition to having National Presto 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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
To fully project National Presto's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of National Presto Indu 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 National Presto's income statement, its balance sheet, and the statement of cash flows.