WK Kellogg Return On Asset vs. Net Income
| KLG Stock | 21.56 0.56 2.67% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.29 | 0.27 |
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| Operating Profit Margin | 0.0397 | 0.0319 |
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For WK Kellogg profitability analysis, we use financial ratios and fundamental drivers that measure the ability of WK Kellogg to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well WK Kellogg Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between WK Kellogg's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of WK Kellogg Co over time as well as its relative position and ranking within its peers.
KLG |
Is Packaged Foods & Meats 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 WK Kellogg. If investors know KLG 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 WK Kellogg 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 0.147 | Dividend Share 0.64 | Earnings Share 0.78 | Revenue Per Share 31.752 | Quarterly Revenue Growth (0) |
The market value of WK Kellogg is measured differently than its book value, which is the value of KLG that is recorded on the company's balance sheet. Investors also form their own opinion of WK Kellogg's value that differs from its market value or its book value, called intrinsic value, which is WK Kellogg'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 WK Kellogg's market value can be influenced by many factors that don't directly affect WK Kellogg'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 WK Kellogg's value and its price as these two are different measures arrived at by different means. Investors typically determine if WK Kellogg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WK Kellogg'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.
WK Kellogg Net Income vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining WK Kellogg's current stock value. Our valuation model uses many indicators to compare WK Kellogg value to that of its competitors to determine the firm's financial worth. WK Kellogg Co is currently regarded as number one stock in return on asset category among its peers. It also is currently regarded as number one stock in net income category among its peers making up about 1,035,781,544 of Net Income per Return On Asset. At this time, WK Kellogg's Net Income is most likely to decrease significantly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value WK Kellogg 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.KLG Net Income 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.
WK Kellogg |
| = | 0.11 |
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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
WK Kellogg |
| = | 110 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
KLG Net Income Comparison
WK Kellogg is currently under evaluation in net income category among its peers.
WK Kellogg Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in WK Kellogg, profitability is also one of the essential criteria for including it into their portfolios because, without profit, WK Kellogg will eventually generate negative long term returns. The profitability progress is the general direction of WK Kellogg's change in net profit over the period of time. It can combine multiple indicators of WK Kellogg, 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 | -28 M | -29.4 M | |
| Operating Income | 92 M | 79.8 M | |
| Net Loss | -95 M | -90.2 M | |
| Income Before Tax | 145 M | 105 M | |
| Total Other Income Expense Net | 53 M | 35 M | |
| Net Loss | -22.5 M | -21.4 M | |
| Net Income | 110 M | 85.8 M | |
| Income Tax Expense | 35 M | 26.8 M | |
| Net Interest Income | -10 M | -10.5 M | |
| Change To Netincome | 115 M | 120.8 M | |
| Net Loss | (0.84) | (0.80) | |
| Income Quality | (1.91) | (1.81) | |
| Net Income Per E B T | 0.75 | 0.62 |
KLG Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on WK Kellogg. 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 WK Kellogg 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 WK Kellogg's important profitability drivers and their relationship over time.
Use WK Kellogg 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 WK Kellogg 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 WK Kellogg will appreciate offsetting losses from the drop in the long position's value.WK Kellogg Pair Trading
WK Kellogg Co Pair Trading Analysis
The ability to find closely correlated positions to WK Kellogg could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WK Kellogg 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 WK Kellogg - 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 WK Kellogg Co to buy it.
The correlation of WK Kellogg 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 WK Kellogg moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WK Kellogg 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 WK Kellogg 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 WK Kellogg position
In addition to having WK Kellogg 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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Check out Correlation Analysis. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
To fully project WK Kellogg's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of WK Kellogg 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 WK Kellogg's income statement, its balance sheet, and the statement of cash flows.