United Fire Net Income vs. EBITDA
| UFCS Stock | USD 30.85 0.01 0.03% |
Net Loss | First Reported 1985-09-30 | Previous Quarter -2.7 M | Current Value 19.7 M | Quarterly Volatility 16.4 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 1.09 | 1.14 |
|
|
For United Fire profitability analysis, we use financial ratios and fundamental drivers that measure the ability of United Fire to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well United Fire Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between United Fire's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of United Fire Group over time as well as its relative position and ranking within its peers.
United |
Is Property & Casualty Insurance 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 United Fire. If investors know United 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 United Fire 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 2.04 | Dividend Share 0.64 | Earnings Share 1.95 | Revenue Per Share 47.73 | Quarterly Revenue Growth 0.179 |
The market value of United Fire Group is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Fire's value that differs from its market value or its book value, called intrinsic value, which is United Fire'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 United Fire's market value can be influenced by many factors that don't directly affect United Fire'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 United Fire's value and its price as these two are different measures arrived at by different means. Investors typically determine if United Fire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Fire'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.
United Fire Group EBITDA vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining United Fire's current stock value. Our valuation model uses many indicators to compare United Fire value to that of its competitors to determine the firm's financial worth. United Fire Group is rated below average in net income category among its peers. It also is rated below average in ebitda category among its peers . At this time, United Fire's Net Loss is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value United Fire 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.United EBITDA 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.
United Fire |
| = | (29.7 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.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
United Fire |
| = | (25.95 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
United EBITDA Comparison
United Fire is currently under evaluation in ebitda category among its peers.
United Fire Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in United Fire, profitability is also one of the essential criteria for including it into their portfolios because, without profit, United Fire will eventually generate negative long term returns. The profitability progress is the general direction of United Fire's change in net profit over the period of time. It can combine multiple indicators of United Fire, 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 | -51 M | -48.4 M | |
| Operating Income | -36.5 M | -34.7 M | |
| Net Loss | -29.7 M | -28.2 M | |
| Income Tax Expense | -10 M | -9.5 M | |
| Income Before Tax | -39.7 M | -37.7 M | |
| Total Other Income Expense Net | -39.7 M | -41.7 M | |
| Net Income Applicable To Common Shares | 13.5 M | 12.9 M | |
| Net Loss | -29.2 M | -27.7 M | |
| Non Operating Income Net Other | -35.9 M | -34.1 M | |
| Interest Income | 66 M | 53.1 M | |
| Net Interest Income | -2.9 M | -3 M | |
| Change To Netincome | 47.9 M | 66.5 M | |
| Net Loss | (1.18) | (1.12) | |
| Income Quality | (5.78) | (5.49) | |
| Net Income Per E B T | 0.75 | 0.51 |
United Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on United Fire. 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 United Fire 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 United Fire's important profitability drivers and their relationship over time.
Use United Fire 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 United Fire 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 United Fire will appreciate offsetting losses from the drop in the long position's value.United Fire Pair Trading
United Fire Group Pair Trading Analysis
The ability to find closely correlated positions to United Fire could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace United Fire 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 United Fire - 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 United Fire Group to buy it.
The correlation of United Fire 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 United Fire moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if United Fire Group 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 United Fire 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 United Fire position
In addition to having United Fire 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 Shipbuilding Railroad Equipment Thematic Idea Now
Shipbuilding Railroad Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Shipbuilding Railroad Equipment theme has 16 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 Shipbuilding Railroad Equipment Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for United Stock Analysis
When running United Fire's price analysis, check to measure United Fire's 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 United Fire is operating at the current time. Most of United Fire's value examination focuses on studying past and present price action to predict the probability of United Fire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Fire's price. Additionally, you may evaluate how the addition of United Fire to your portfolios can decrease your overall portfolio volatility.