Unum Return On Tangible Assets from 2010 to 2024

UNM Stock  USD 77.07  0.86  1.13%   
Unum Return On Tangible Assets yearly trend continues to be very stable with very little volatility. Return On Tangible Assets are likely to drop to 0.01. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.02042921
Current Value
0.0141
Quarterly Volatility
0.00486676
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Unum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Unum's main balance sheet or income statement drivers, such as Total Revenue of 8.7 B, Gross Profit of 8.2 B or Other Operating Expenses of 7.7 B, as well as many indicators such as Price To Sales Ratio of 0.91, Dividend Yield of 0.0164 or PTB Ratio of 1.61. Unum financial statements analysis is a perfect complement when working with Unum Valuation or Volatility modules.
  
Check out the analysis of Unum Correlation against competitors.

Latest Unum's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Unum Group over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Unum's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Unum's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

Unum Return On Tangible Assets Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.01
Coefficient Of Variation35.12
Mean Deviation0
Median0.01
Standard Deviation0
Sample Variance0.000024
Range0.0191
R-Value0.47
Mean Square Error0.00002
R-Squared0.22
Significance0.08
Slope0.0005
Total Sum of Squares0.0003

Unum Return On Tangible Assets History

2023 0.0204
2022 0.023
2021 0.0141
2020 0.0113
2019 0.0165
2018 0.008507
2017 0.0156

About Unum Financial Statements

Unum investors utilize fundamental indicators, such as Return On Tangible Assets, to predict how Unum Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.02  0.01 

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When determining whether Unum Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Unum'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 Unum Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Unum Group Stock:
Check out the analysis of Unum Correlation against competitors.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Life & Health 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 Unum. If investors know Unum 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 Unum 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
2.392
Dividend Share
1.57
Earnings Share
9.21
Revenue Per Share
67.014
Quarterly Revenue Growth
0.04
The market value of Unum Group is measured differently than its book value, which is the value of Unum that is recorded on the company's balance sheet. Investors also form their own opinion of Unum's value that differs from its market value or its book value, called intrinsic value, which is Unum'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 Unum's market value can be influenced by many factors that don't directly affect Unum'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 Unum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unum'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.