Flowserve Shares Outstanding vs. Return On Asset

FLS Stock  USD 61.02  0.29  0.48%   
Based on the measurements of profitability obtained from Flowserve's financial statements, Flowserve is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in December. Profitability indicators assess Flowserve's ability to earn profits and add value for shareholders. Operating Cash Flow Sales Ratio is likely to gain to 0.08 in 2024, whereas Price To Sales Ratio is likely to drop 0.82 in 2024. At this time, Flowserve's Net Income Applicable To Common Shares is comparatively stable compared to the past year. Net Income From Continuing Ops is likely to gain to about 220.6 M in 2024, despite the fact that Accumulated Other Comprehensive Income is likely to grow to (600.1 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.390.3004
Significantly Up
Slightly volatile
Net Profit Margin0.0390.0432
Moderately Down
Slightly volatile
Operating Profit Margin0.120.0772
Way Up
Slightly volatile
Pretax Profit Margin0.05980.0518
Fairly Up
Slightly volatile
Return On Assets0.05820.0366
Way Up
Slightly volatile
Return On Equity0.0960.0965
Slightly Down
Slightly volatile
For Flowserve profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Flowserve to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Flowserve utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Flowserve's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Flowserve over time as well as its relative position and ranking within its peers.
  

Flowserve's Revenue Breakdown by Earning Segment

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For more information on how to buy Flowserve Stock please use our How to Invest in Flowserve guide.
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 Flowserve. If investors know Flowserve 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 Flowserve 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
0.257
Dividend Share
0.83
Earnings Share
2.03
Revenue Per Share
34.562
Quarterly Revenue Growth
0.035
The market value of Flowserve is measured differently than its book value, which is the value of Flowserve that is recorded on the company's balance sheet. Investors also form their own opinion of Flowserve's value that differs from its market value or its book value, called intrinsic value, which is Flowserve'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 Flowserve's market value can be influenced by many factors that don't directly affect Flowserve'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 Flowserve's value and its price as these two are different measures arrived at by different means. Investors typically determine if Flowserve is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flowserve'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.

Flowserve Return On Asset vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Flowserve's current stock value. Our valuation model uses many indicators to compare Flowserve value to that of its competitors to determine the firm's financial worth.
Flowserve is rated # 4 in shares outstanding category among its peers. It is rated # 5 in return on asset category among its peers . The ratio of Shares Outstanding to Return On Asset for Flowserve is about  2,178,673,300 . Return On Assets is likely to gain to 0.06 in 2024. Comparative valuation analysis is a catch-all technique that is used if you cannot value Flowserve 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.

Flowserve Return On Asset vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Flowserve

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
131.37 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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.

Flowserve

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0603
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.

Flowserve Return On Asset Comparison

Flowserve is rated # 4 in return on asset category among its peers.

Flowserve Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Flowserve, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Flowserve will eventually generate negative long term returns. The profitability progress is the general direction of Flowserve's change in net profit over the period of time. It can combine multiple indicators of Flowserve, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income-631.7 M-600.1 M
Operating Income333.6 M280.4 M
Income Before Tax223.8 M221.5 M
Total Other Income Expense Net-109.8 M-104.3 M
Net Income205.2 M171 M
Income Tax Expense18.6 M17.6 M
Net Income Applicable To Common Shares217 M235.7 M
Net Income From Continuing Ops205.2 M220.6 M
Non Operating Income Net Other-503.1 K-528.3 K
Interest IncomeM6.6 M
Net Interest Income-59.9 M-62.9 M
Change To Netincome-125.2 M-119 M
Net Income Per Share 1.42  0.79 
Income Quality 1.59  1.51 
Net Income Per E B T 0.83  0.49 

Flowserve Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Flowserve. 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 Flowserve 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 Flowserve's important profitability drivers and their relationship over time.

Use Flowserve 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 Flowserve 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 Flowserve will appreciate offsetting losses from the drop in the long position's value.

Flowserve Pair Trading

Flowserve Pair Trading Analysis

The ability to find closely correlated positions to Flowserve could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Flowserve 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 Flowserve - 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 Flowserve to buy it.
The correlation of Flowserve 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 Flowserve moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Flowserve 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 Flowserve 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Flowserve position

In addition to having Flowserve 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.

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Wireless
Wireless Theme
Companies providing wireless technology and communication services. The Wireless theme has 42 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 Wireless Theme or any other thematic opportunities.
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Additional Tools for Flowserve Stock Analysis

When running Flowserve's price analysis, check to measure Flowserve'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 Flowserve is operating at the current time. Most of Flowserve's value examination focuses on studying past and present price action to predict the probability of Flowserve's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flowserve's price. Additionally, you may evaluate how the addition of Flowserve to your portfolios can decrease your overall portfolio volatility.