NL Industries Current Valuation vs. Shares Outstanding
NL Stock | USD 8.33 0.12 1.46% |
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Gross Profit Margin | 0.33 | 0.3052 |
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For NL Industries profitability analysis, we use financial ratios and fundamental drivers that measure the ability of NL Industries to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well NL Industries utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between NL Industries's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of NL Industries over time as well as its relative position and ranking within its peers.
NL Industries |
NL Industries' Revenue Breakdown by Earning Segment
Check out Correlation Analysis.
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 NL Industries. If investors know NL Industries 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 NL Industries 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 1.382 | Dividend Share 0.31 | Earnings Share 1.19 | Revenue Per Share 3.085 | Quarterly Revenue Growth (0.17) |
The market value of NL Industries is measured differently than its book value, which is the value of NL Industries that is recorded on the company's balance sheet. Investors also form their own opinion of NL Industries' value that differs from its market value or its book value, called intrinsic value, which is NL Industries' 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 NL Industries' market value can be influenced by many factors that don't directly affect NL Industries' 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 NL Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if NL Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NL Industries' 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.
NL Industries Shares Outstanding vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining NL Industries's current stock value. Our valuation model uses many indicators to compare NL Industries value to that of its competitors to determine the firm's financial worth. NL Industries is regarded third in current valuation category among its peers. It is considered to be number one stock in shares outstanding category among its peers creating about 0.19 of Shares Outstanding per Current Valuation. The ratio of Current Valuation to Shares Outstanding for NL Industries is roughly 5.13 . The value of Common Stock Shares Outstanding is expected to slide to about 40.8 M. Comparative valuation analysis is a catch-all technique that is used if you cannot value NL Industries 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.NL Industries Current Valuation vs. Competition
NL Industries is regarded third in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is now estimated at about 21.62 Billion. NL Industries claims roughly 250.7 Million in current valuation contributing just under 2% to equities under Industrials industry.
NL Industries Shares Outstanding vs. Current Valuation
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.
NL Industries |
| = | 250.7 M |
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.
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.
NL Industries |
| = | 48.85 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.
NL Industries Shares Outstanding Comparison
NL Industries is currently under evaluation in shares outstanding category among its peers.
NL Industries Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in NL Industries, profitability is also one of the essential criteria for including it into their portfolios because, without profit, NL Industries will eventually generate negative long term returns. The profitability progress is the general direction of NL Industries' change in net profit over the period of time. It can combine multiple indicators of NL Industries, 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 | -219.6 M | -230.6 M | |
Operating Income | 14.1 M | 13.4 M | |
Income Before Tax | -6.4 M | -6.1 M | |
Total Other Income Expense Net | -20.5 M | -19.5 M | |
Net Loss | -2.3 M | -2.2 M | |
Income Tax Expense | -7 M | -6.7 M | |
Net Income Applicable To Common Shares | 30.5 M | 40.9 M | |
Net Loss | -13.3 M | -12.7 M | |
Non Operating Income Net Other | 24.8 M | 26.5 M | |
Interest Income | 8.3 M | 14 M | |
Net Interest Income | 7.5 M | 3.9 M | |
Change To Netincome | 4 M | 4.6 M | |
Net Loss | (0.05) | (0.04) | |
Income Quality | (16.03) | (15.23) | |
Net Income Per E B T | 0.36 | 0.34 |
NL Industries Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on NL Industries. 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 NL Industries 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 NL Industries' important profitability drivers and their relationship over time.
Use NL Industries 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 NL Industries 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 NL Industries will appreciate offsetting losses from the drop in the long position's value.NL Industries Pair Trading
NL Industries Pair Trading Analysis
The ability to find closely correlated positions to NL Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NL Industries 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 NL Industries - 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 NL Industries to buy it.
The correlation of NL Industries 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 NL Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NL Industries 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 NL Industries 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 NL Industries position
In addition to having NL Industries 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. For more information on how to buy NL Industries Stock please use our How to buy in NL Industries Stock guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
To fully project NL Industries' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of NL Industries 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 NL Industries' income statement, its balance sheet, and the statement of cash flows.