Consolidated Edison Return On Asset vs. Market Capitalization
| ED Stock | USD 101.58 0.12 0.12% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.58 | 0.505 |
|
| |||||
| Net Profit Margin | 0.18 | 0.1718 |
|
| |||||
| Operating Profit Margin | 0.14 | 0.218 |
|
| |||||
| Pretax Profit Margin | 0.14 | 0.2048 |
|
| |||||
| Return On Assets | 0.0359 | 0.038 |
|
| |||||
| Return On Equity | 0.11 | 0.1191 |
|
|
For Consolidated Edison profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Consolidated Edison to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Consolidated Edison utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Consolidated Edison's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Consolidated Edison over time as well as its relative position and ranking within its peers.
Consolidated |
Is Multi-Utilities 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 Consolidated Edison. If investors know Consolidated 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 Consolidated Edison 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 0.112 | Dividend Share 3.3 | Earnings Share 5.31 | Revenue Per Share 43.464 | Quarterly Revenue Growth 0.057 |
The market value of Consolidated Edison is measured differently than its book value, which is the value of Consolidated that is recorded on the company's balance sheet. Investors also form their own opinion of Consolidated Edison's value that differs from its market value or its book value, called intrinsic value, which is Consolidated Edison'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 Consolidated Edison's market value can be influenced by many factors that don't directly affect Consolidated Edison'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 Consolidated Edison's value and its price as these two are different measures arrived at by different means. Investors typically determine if Consolidated Edison is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Consolidated Edison'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.
Consolidated Edison Market Capitalization vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Consolidated Edison's current stock value. Our valuation model uses many indicators to compare Consolidated Edison value to that of its competitors to determine the firm's financial worth. Consolidated Edison is rated # 2 in return on asset category among its peers. It also is rated # 2 in market capitalization category among its peers creating about 1,092,811,527,950 of Market Capitalization per Return On Asset. At present, Consolidated Edison's Market Cap is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Consolidated Edison 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.Consolidated Market Capitalization vs. Return On Asset
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.
Consolidated Edison |
| = | 0.0322 |
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.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Consolidated Edison |
| = | 35.19 B |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Consolidated Market Capitalization vs Competition
Consolidated Edison is rated # 2 in market capitalization category among its peers. Market capitalization of Utilities industry is currently estimated at about 179.47 Billion. Consolidated Edison retains roughly 35.19 Billion in market capitalization claiming about 20% of Utilities industry.
Consolidated Edison Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Consolidated Edison, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Consolidated Edison will eventually generate negative long term returns. The profitability progress is the general direction of Consolidated Edison's change in net profit over the period of time. It can combine multiple indicators of Consolidated Edison, 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 | -100 M | -105 M | |
| Operating Income | 3.2 B | 2.3 B | |
| Net Income | 2.5 B | 2.6 B | |
| Income Tax Expense | 487 M | 511.4 M | |
| Income Before Tax | 3 B | 1.6 B | |
| Total Other Income Expense Net | -193 M | -183.3 M | |
| Net Income Applicable To Common Shares | 1.9 B | 1.1 B | |
| Net Income From Continuing Ops | 2.5 B | 1.5 B | |
| Non Operating Income Net Other | 293.4 M | 308.1 M | |
| Interest Income | 89.1 M | 84.6 M | |
| Net Interest Income | -1 B | -1.1 B | |
| Change To Netincome | 463.4 M | 486.6 M | |
| Net Income Per Share | 7.24 | 7.61 | |
| Income Quality | 0.86 | 1.63 | |
| Net Income Per E B T | 0.84 | 0.56 |
Consolidated Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Consolidated Edison. 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 Consolidated Edison 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 Consolidated Edison's important profitability drivers and their relationship over time.
Use Consolidated Edison 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 Consolidated Edison 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 Consolidated Edison will appreciate offsetting losses from the drop in the long position's value.Consolidated Edison Pair Trading
Consolidated Edison Pair Trading Analysis
The ability to find closely correlated positions to Consolidated Edison could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Consolidated Edison 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 Consolidated Edison - 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 Consolidated Edison to buy it.
The correlation of Consolidated Edison 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 Consolidated Edison moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Consolidated Edison 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 Consolidated Edison 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 Consolidated Edison position
In addition to having Consolidated Edison 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 Drugs Thematic Idea Now
Drugs
Companies involved in medical and pharmaceutical drug research, manufacturing, and delivery. The Drugs theme has 48 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 Drugs Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Investing Opportunities. For information on how to trade Consolidated Stock refer to our How to Trade Consolidated Stock guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
To fully project Consolidated Edison's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Consolidated Edison 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 Consolidated Edison's income statement, its balance sheet, and the statement of cash flows.