Ready Capital Cash Per Share vs. Price To Earning
| RCB Stock | USD 24.34 0.01 0.04% |
Cash Per Share | First Reported 2010-12-31 | Previous Quarter 0.95978255 | Current Value 0.91 | Quarterly Volatility 118.03826558 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.59 | 0.948 |
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| Pretax Profit Margin | 0.47 | 0.3129 |
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For Ready Capital profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ready Capital to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ready Capital utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ready Capital's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ready Capital over time as well as its relative position and ranking within its peers.
Ready |
Is Commercial & Residential Mortgage Finance 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 Ready Capital. If investors know Ready 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 Ready Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 1.6 | Return On Equity 0.1426 |
The market value of Ready Capital is measured differently than its book value, which is the value of Ready that is recorded on the company's balance sheet. Investors also form their own opinion of Ready Capital's value that differs from its market value or its book value, called intrinsic value, which is Ready Capital'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 Ready Capital's market value can be influenced by many factors that don't directly affect Ready Capital'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 Ready Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ready Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ready Capital'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.
Ready Capital Price To Earning vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ready Capital's current stock value. Our valuation model uses many indicators to compare Ready Capital value to that of its competitors to determine the firm's financial worth. Ready Capital is currently regarded as top stock in cash per share category among its peers. It also is currently regarded as top stock in price to earning category among its peers reporting about 10.61 of Price To Earning per Cash Per Share. At present, Ready Capital's Cash Per Share is projected to decrease significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ready Capital's earnings, one of the primary drivers of an investment's value.Ready Price To Earning vs. Cash Per Share
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Ready Capital |
| = | 1.35 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Ready Capital |
| = | 14.32 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Ready Capital Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ready Capital, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ready Capital will eventually generate negative long term returns. The profitability progress is the general direction of Ready Capital's change in net profit over the period of time. It can combine multiple indicators of Ready Capital, 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 | -17.9 M | -17 M | |
| Operating Income | 879.3 M | 923.3 M | |
| Income Before Tax | 358.4 M | 376.3 M | |
| Total Other Income Expense Net | -520.9 M | -494.9 M | |
| Net Income | 351.2 M | 368.8 M | |
| Income Tax Expense | 7.2 M | 7.5 M | |
| Net Income From Continuing Ops | 184 M | 193.2 M | |
| Net Income Applicable To Common Shares | 162.3 M | 170.4 M | |
| Interest Income | 124.5 M | 130.7 M | |
| Change To Netincome | -52.1 M | -49.5 M | |
| Net Income Per Share | 2.31 | 2.43 | |
| Income Quality | 0.15 | 0.14 | |
| Net Income Per E B T | 0.95 | 0.64 |
Ready Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ready Capital. 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 Ready Capital 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 Ready Capital's important profitability drivers and their relationship over time.
Use Ready Capital 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 Ready Capital 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 Ready Capital will appreciate offsetting losses from the drop in the long position's value.Ready Capital Pair Trading
Ready Capital Pair Trading Analysis
The ability to find closely correlated positions to Ready Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ready Capital 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 Ready Capital - 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 Ready Capital to buy it.
The correlation of Ready Capital 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 Ready Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ready Capital 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 Ready Capital 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 Ready Capital position
In addition to having Ready Capital 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?
Run Crypto And Gold Thematic Idea Now
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Assets that cancel away each other volatility by providing diversification into gold investment combined with digital assets. The Crypto And Gold theme has 54 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 Crypto And Gold Theme or any other thematic opportunities.
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Check out Your Equity Center. For information on how to trade Ready Stock refer to our How to Trade Ready Stock guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
To fully project Ready Capital's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ready Capital 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 Ready Capital's income statement, its balance sheet, and the statement of cash flows.