Viad Corp Return On Equity vs. Cash And Equivalents

VVI Stock  USD 45.43  0.47  1.05%   
Considering Viad Corp's profitability and operating efficiency indicators, Viad Corp is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in January. Profitability indicators assess Viad Corp's ability to earn profits and add value for shareholders.
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.36877489
Current Value
0.39
Quarterly Volatility
3.98793752
 
Credit Downgrade
 
Yuan Drop
 
Covid
As of now, Viad Corp's Sales General And Administrative To Revenue is increasing as compared to previous years. The Viad Corp's current Days Of Sales Outstanding is estimated to increase to 49.83, while Operating Cash Flow Sales Ratio is projected to decrease to 0.08. As of now, Viad Corp's Net Income Applicable To Common Shares is decreasing as compared to previous years. The Viad Corp's current Net Income From Continuing Ops is estimated to increase to about 35.1 M, while Accumulated Other Comprehensive Income is projected to decrease to (42.4 M).
For Viad Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Viad Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Viad Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Viad Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Viad Corp over time as well as its relative position and ranking within its peers.
  

Viad Corp's Revenue Breakdown by Earning Segment

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For more detail on how to invest in Viad Stock please use our How to Invest in Viad Corp guide.
Is Commercial Services & Supplies 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 Viad Corp. If investors know Viad 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 Viad Corp 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
0.168
Earnings Share
1.02
Revenue Per Share
66.429
Quarterly Revenue Growth
0.245
Return On Assets
0.0629
The market value of Viad Corp is measured differently than its book value, which is the value of Viad that is recorded on the company's balance sheet. Investors also form their own opinion of Viad Corp's value that differs from its market value or its book value, called intrinsic value, which is Viad Corp'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 Viad Corp's market value can be influenced by many factors that don't directly affect Viad Corp'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 Viad Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Viad Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Viad Corp'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.

Viad Corp Cash And Equivalents vs. Return On Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Viad Corp's current stock value. Our valuation model uses many indicators to compare Viad Corp value to that of its competitors to determine the firm's financial worth.
Viad Corp is rated third in return on equity category among its peers. It is rated third in cash and equivalents category among its peers creating about  412,139,406  of Cash And Equivalents per Return On Equity. As of now, Viad Corp's Return On Equity is decreasing as compared to previous years. 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 Viad Corp's earnings, one of the primary drivers of an investment's value.

Viad Cash And Equivalents 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.

Viad Corp

Return On Equity

 = 

Net Income

Total Equity

 = 
0.14
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.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Viad Corp

Cash

 = 

Bank Deposits

+

Liquidities

 = 
59.72 M
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).

Viad Cash And Equivalents Comparison

Viad Corp is currently under evaluation in cash and equivalents category among its peers.

Viad Corp Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Viad Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Viad Corp will eventually generate negative long term returns. The profitability progress is the general direction of Viad Corp's change in net profit over the period of time. It can combine multiple indicators of Viad Corp, 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-40.4 M-42.4 M
Operating Income94.5 M89.3 M
Income Before Tax43.1 M54.6 M
Total Other Income Expense Net-51.4 M-54 M
Net Income14.8 M29.4 M
Income Tax Expense18.8 M20.8 M
Net Income Applicable To Common Shares10 M10.5 M
Net Income From Continuing Ops33.5 M35.1 M
Non Operating Income Net Other104.4 K99.2 K
Interest Income40.1 M42.1 M
Net Interest Income-48.1 M-45.7 M
Change To Netincome11.6 M16.8 M
Net Income Per Share 0.77  0.73 
Income Quality 7.05  6.70 
Net Income Per E B T 0.37  0.53 

Viad Profitability Driver Comparison

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

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

Viad Corp Pair Trading

Viad Corp Pair Trading Analysis

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

In addition to having Viad Corp 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.

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Publicly traded companies that are involved in real estate development, property maintenance and management of real estate investment trusts (REIT) funds. The Real Estate theme has 42 constituents at this time.
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When determining whether Viad Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Viad Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Viad Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Viad Corp Stock:
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For more detail on how to invest in Viad Stock please use our How to Invest in Viad Corp guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
To fully project Viad Corp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Viad Corp 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 Viad Corp's income statement, its balance sheet, and the statement of cash flows.
Potential Viad Corp investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Viad Corp investors may work on each financial statement separately, they are all related. The changes in Viad Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Viad Corp'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.