Albany International Stock Return On Equity
| AIN Stock | USD 82.24 0.85 1.02% |
Albany International fundamentals help investors to digest information that contributes to Albany International's financial success or failures. It also enables traders to predict the movement of Albany Stock. The fundamental analysis module provides a way to measure Albany International's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Albany International stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.12 | 0.10 |
Albany | Return On Equity |
Albany International Company Return On Equity Analysis
Albany International's 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.
Current Albany International Return On Equity | 0.11 |
Most of Albany International's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Albany International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Albany Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Albany International is extremely important. It helps to project a fair market value of Albany Stock properly, considering its historical fundamentals such as Return On Equity. Since Albany International's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Albany International's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Albany International's interrelated accounts and indicators.
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Albany Return On Equity Historical Pattern
Today, most investors in Albany International Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Albany International's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's return on equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Albany International return on equity as a starting point in their analysis.
Albany International Return On Equity |
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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.
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Albany Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Albany International has a Return On Equity of 0.1052. This is 97.08% lower than that of the Machinery sector and 98.36% lower than that of the Industrials industry. The return on equity for all United States stocks is 133.94% lower than that of the firm.
Albany Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Albany International's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Albany International could also be used in its relative valuation, which is a method of valuing Albany International by comparing valuation metrics of similar companies.Albany International is currently under evaluation in return on equity category among its peers.
Albany International ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Albany International's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Albany International's managers, analysts, and investors.Environmental | Governance | Social |
Albany Fundamentals
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0598 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 2.9 B | ||||
| Shares Outstanding | 31.3 M | ||||
| Shares Owned By Insiders | 0.95 % | ||||
| Shares Owned By Institutions | 99.05 % | ||||
| Number Of Shares Shorted | 517.35 K | ||||
| Price To Earning | 28.37 X | ||||
| Price To Book | 2.69 X | ||||
| Price To Sales | 2.05 X | ||||
| Revenue | 1.15 B | ||||
| Gross Profit | 389.78 M | ||||
| EBITDA | 257.82 M | ||||
| Net Income | 111.12 M | ||||
| Cash And Equivalents | 291.78 M | ||||
| Cash Per Share | 8.89 X | ||||
| Total Debt | 514.86 M | ||||
| Debt To Equity | 0.55 % | ||||
| Current Ratio | 4.27 X | ||||
| Book Value Per Share | 31.71 X | ||||
| Cash Flow From Operations | 148.06 M | ||||
| Short Ratio | 1.88 X | ||||
| Earnings Per Share | 3.20 X | ||||
| Price To Earnings To Growth | 2.00 X | ||||
| Target Price | 85.0 | ||||
| Number Of Employees | 5.6 K | ||||
| Beta | 1.29 | ||||
| Market Capitalization | 2.6 B | ||||
| Total Asset | 1.84 B | ||||
| Retained Earnings | 1.01 B | ||||
| Working Capital | 629.28 M | ||||
| Current Asset | 452.06 M | ||||
| Current Liabilities | 126.23 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 1.05 % | ||||
| Net Asset | 1.84 B | ||||
| Last Dividend Paid | 1.04 |
About Albany International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Albany International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Albany International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Albany International based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Albany International
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 Albany International 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 Albany International will appreciate offsetting losses from the drop in the long position's value.Moving against Albany Stock
The ability to find closely correlated positions to Albany International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Albany International 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 Albany International - 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 Albany International to buy it.
The correlation of Albany International 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 Albany International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Albany International 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 Albany International 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.Check out Albany International Piotroski F Score and Albany International Altman Z Score analysis. To learn how to invest in Albany Stock, please use our How to Invest in Albany International guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Industrial Machinery & Supplies & Components 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 Albany International. If investors know Albany 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 Albany International 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 (0.34) | Dividend Share 1.04 | Earnings Share 3.2 | Revenue Per Share 40.587 | Quarterly Revenue Growth 0.061 |
The market value of Albany International is measured differently than its book value, which is the value of Albany that is recorded on the company's balance sheet. Investors also form their own opinion of Albany International's value that differs from its market value or its book value, called intrinsic value, which is Albany International'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 Albany International's market value can be influenced by many factors that don't directly affect Albany International'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 Albany International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Albany International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Albany International'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.