CoreCivic Revenue vs. Current Valuation
| CXW Stock | USD 22.09 0.16 0.72% |
Total Revenue | First Reported 1986-03-31 | Previous Quarter 490.1 M | Current Value 491.6 M | Quarterly Volatility 191.1 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.21 | 0.1618 |
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| Pretax Profit Margin | 0.053 | 0.0505 |
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For CoreCivic profitability analysis, we use financial ratios and fundamental drivers that measure the ability of CoreCivic to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well CoreCivic utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between CoreCivic's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of CoreCivic over time as well as its relative position and ranking within its peers.
CoreCivic |
CoreCivic's Revenue Breakdown by Earning Segment
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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 CoreCivic. If investors know CoreCivic 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 CoreCivic 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 0.583 | Earnings Share 0.68 | Revenue Per Share 17.663 | Quarterly Revenue Growth 0.016 | Return On Assets 0.0426 |
The market value of CoreCivic is measured differently than its book value, which is the value of CoreCivic that is recorded on the company's balance sheet. Investors also form their own opinion of CoreCivic's value that differs from its market value or its book value, called intrinsic value, which is CoreCivic'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 CoreCivic's market value can be influenced by many factors that don't directly affect CoreCivic'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 CoreCivic's value and its price as these two are different measures arrived at by different means. Investors typically determine if CoreCivic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CoreCivic'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.
CoreCivic Current Valuation vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining CoreCivic's current stock value. Our valuation model uses many indicators to compare CoreCivic value to that of its competitors to determine the firm's financial worth. CoreCivic is rated fourth in revenue category among its peers. It is rated fifth in current valuation category among its peers reporting about 1.74 of Current Valuation per Revenue. At this time, CoreCivic's Total Revenue is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value CoreCivic 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.CoreCivic Revenue vs. Competition
CoreCivic is rated fourth in revenue category among its peers. Market size based on revenue of Industrials industry is currently estimated at about 24.54 Billion. CoreCivic holds roughly 1.9 Billion in revenue claiming about 8% of equities under Industrials industry.
CoreCivic Current Valuation vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
CoreCivic |
| = | 1.9 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
CoreCivic |
| = | 3.3 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
CoreCivic Current Valuation vs Competition
CoreCivic is rated fifth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is currently estimated at about 53.52 Billion. CoreCivic holds roughly 3.3 Billion in current valuation claiming about 6% of equities under Industrials industry.
CoreCivic Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in CoreCivic, profitability is also one of the essential criteria for including it into their portfolios because, without profit, CoreCivic will eventually generate negative long term returns. The profitability progress is the general direction of CoreCivic's change in net profit over the period of time. It can combine multiple indicators of CoreCivic, 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 | ||
| Operating Income | 170.8 M | 172 M | |
| Net Income | 67.6 M | 72.6 M | |
| Income Tax Expense | 28.2 M | 23.2 M | |
| Income Before Tax | 95.8 M | 113.1 M | |
| Total Other Income Expense Net | -75 M | -78.7 M | |
| Net Income Applicable To Common Shares | 140.7 M | 147.1 M | |
| Net Income From Continuing Ops | 65.6 M | 122.1 M | |
| Non Operating Income Net Other | 102 M | 107.1 M | |
| Interest Income | 97.7 M | 83.2 M | |
| Net Interest Income | -75.7 M | -79.5 M | |
| Change To Netincome | -54 M | -51.3 M | |
| Net Income Per Share | 0.59 | 0.62 | |
| Income Quality | 3.43 | 1.84 | |
| Net Income Per E B T | 0.71 | 0.67 |
CoreCivic Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on CoreCivic. 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 CoreCivic 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 CoreCivic's important profitability drivers and their relationship over time.
Use CoreCivic 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 CoreCivic 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 CoreCivic will appreciate offsetting losses from the drop in the long position's value.CoreCivic Pair Trading
CoreCivic Pair Trading Analysis
The ability to find closely correlated positions to CoreCivic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CoreCivic 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 CoreCivic - 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 CoreCivic to buy it.
The correlation of CoreCivic 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 CoreCivic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CoreCivic 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 CoreCivic 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 CoreCivic position
In addition to having CoreCivic 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 Agriculture Thematic Idea Now
Agriculture
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Agriculture 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 Agriculture Theme or any other thematic opportunities.
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Additional Tools for CoreCivic Stock Analysis
When running CoreCivic's price analysis, check to measure CoreCivic'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 CoreCivic is operating at the current time. Most of CoreCivic's value examination focuses on studying past and present price action to predict the probability of CoreCivic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CoreCivic's price. Additionally, you may evaluate how the addition of CoreCivic to your portfolios can decrease your overall portfolio volatility.