Commercial Vehicle Gross Profit vs. Return On Asset
| CVGI Stock | USD 2.30 0.10 4.17% |
Gross Profit | First Reported 2002-12-31 | Previous Quarter 26.2 M | Current Value 16.4 M | Quarterly Volatility 10.8 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.14 | 0.1357 |
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For Commercial Vehicle profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Commercial Vehicle to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Commercial Vehicle Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Commercial Vehicle's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Commercial Vehicle Group over time as well as its relative position and ranking within its peers.
Commercial |
Commercial Vehicle's Revenue Breakdown by Earning Segment
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Is Construction Machinery & Heavy Transportation Equipment 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 Commercial Vehicle. If investors know Commercial 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 Commercial Vehicle 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 0.286 | Earnings Share 0.82 | Revenue Per Share 27.395 | Quarterly Revenue Growth (0.15) | Return On Assets 0.0346 |
The market value of Commercial Vehicle is measured differently than its book value, which is the value of Commercial that is recorded on the company's balance sheet. Investors also form their own opinion of Commercial Vehicle's value that differs from its market value or its book value, called intrinsic value, which is Commercial Vehicle'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 Commercial Vehicle's market value can be influenced by many factors that don't directly affect Commercial Vehicle'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 Commercial Vehicle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Commercial Vehicle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Commercial Vehicle'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.
Commercial Vehicle Return On Asset vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Commercial Vehicle's current stock value. Our valuation model uses many indicators to compare Commercial Vehicle value to that of its competitors to determine the firm's financial worth. Commercial Vehicle Group is rated second in gross profit category among its peers. It is rated third in return on asset category among its peers . The ratio of Gross Profit to Return On Asset for Commercial Vehicle Group is about 2,500,144,509 . As of now, Commercial Vehicle's Gross Profit is increasing 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 Commercial Vehicle's earnings, one of the primary drivers of an investment's value.Commercial Return On Asset vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Commercial Vehicle |
| = | 86.5 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Commercial Vehicle |
| = | 0.0346 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Commercial Return On Asset Comparison
Commercial Vehicle is currently under evaluation in return on asset category among its peers.
Commercial Vehicle Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Commercial Vehicle, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Commercial Vehicle will eventually generate negative long term returns. The profitability progress is the general direction of Commercial Vehicle's change in net profit over the period of time. It can combine multiple indicators of Commercial Vehicle, 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 | -30.3 M | -31.8 M | |
| Operating Income | 48.1 M | 50.5 M | |
| Income Before Tax | 36.2 M | 38 M | |
| Total Other Income Expense Net | -11.9 M | -12.5 M | |
| Net Income | 49.4 M | 51.9 M | |
| Income Tax Expense | -13.2 M | -12.6 M | |
| Net Loss | -19.8 M | -18.8 M | |
| Net Loss | -5.9 M | -5.6 M | |
| Non Operating Income Net Other | -10.2 M | -9.7 M | |
| Interest Income | 15.2 M | 14.6 M | |
| Net Interest Income | -11.2 M | -11.8 M | |
| Change To Netincome | 22 M | 11.3 M | |
| Net Income Per Share | 1.50 | 1.57 | |
| Income Quality | 0.77 | 0.81 | |
| Net Income Per E B T | 1.37 | 1.09 |
Commercial Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Commercial Vehicle. 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 Commercial Vehicle 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 Commercial Vehicle's important profitability drivers and their relationship over time.
Use Commercial Vehicle 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 Commercial Vehicle 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 Commercial Vehicle will appreciate offsetting losses from the drop in the long position's value.Commercial Vehicle Pair Trading
Commercial Vehicle Group Pair Trading Analysis
The ability to find closely correlated positions to Commercial Vehicle could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Commercial Vehicle 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 Commercial Vehicle - 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 Commercial Vehicle Group to buy it.
The correlation of Commercial Vehicle 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 Commercial Vehicle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Commercial Vehicle 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 Commercial Vehicle 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 Commercial Vehicle position
In addition to having Commercial Vehicle 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?
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Services
Companies involved in delivering services to business or consumers across different industries and sectors. The Services theme has 30 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 Services Theme or any other thematic opportunities.
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To fully project Commercial Vehicle's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Commercial Vehicle 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 Commercial Vehicle's income statement, its balance sheet, and the statement of cash flows.