U Haul Return On Equity vs. Return On Asset

UHAL-B Stock   66.70  0.66  0.98%   
Taking into consideration U Haul's profitability measurements, U Haul's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess U Haul's ability to earn profits and add value for shareholders.
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.08765588
Current Value
0.088
Quarterly Volatility
0.05783989
 
Credit Downgrade
 
Yuan Drop
 
Covid
At present, U Haul's Price To Sales Ratio is projected to increase slightly based on the last few years of reporting. The current year's EV To Sales is expected to grow to 3.39, whereas Days Sales Outstanding is forecasted to decline to 13.31. At present, U Haul's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's Net Income From Continuing Ops is expected to grow to about 751.4 M, whereas Accumulated Other Comprehensive Income is projected to grow to (212.1 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.40.2932
Significantly Up
Slightly volatile
Net Profit Margin0.0590.1118
Way Down
Slightly volatile
Operating Profit Margin0.120.1738
Way Down
Very volatile
Pretax Profit Margin0.080.1493
Way Down
Pretty Stable
Return On Assets0.02420.033
Way Down
Very volatile
Return On Equity0.0880.0877
Slightly Up
Slightly volatile
For U Haul profitability analysis, we use financial ratios and fundamental drivers that measure the ability of U Haul to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well U Haul Holding utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between U Haul's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of U Haul Holding over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between U Haul's value and its price as these two are different measures arrived at by different means. Investors typically determine if U Haul is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, U Haul'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.

U Haul Holding Return On Asset vs. Return On Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining U Haul's current stock value. Our valuation model uses many indicators to compare U Haul value to that of its competitors to determine the firm's financial worth.
U Haul Holding is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers reporting about  0.37  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for U Haul Holding is roughly  2.68 . At present, U Haul's Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the U Haul's earnings, one of the primary drivers of an investment's value.

UHAL-B Return On Asset vs. Return On Equity

Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

U Haul

Return On Equity

 = 

Net Income

Total Equity

 = 
0.0661
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.

U Haul

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0247
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.

UHAL-B Return On Asset Comparison

U Haul is currently under evaluation in return on asset category among its peers.

U Haul Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in U Haul, profitability is also one of the essential criteria for including it into their portfolios because, without profit, U Haul will eventually generate negative long term returns. The profitability progress is the general direction of U Haul's change in net profit over the period of time. It can combine multiple indicators of U Haul, 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-223.2 M-212.1 M
Net Interest Income-136.2 M-143 M
Operating Income977.8 M1.1 B
Net Income From Continuing Ops628.7 M751.4 M
Income Before Tax840.2 M950.7 M
Total Other Income Expense Net-137.6 M-144.5 M
Net Income628.7 M751.4 M
Interest Income125.4 M131.7 M
Net Income Applicable To Common Shares1.1 B852.3 M
Income Tax Expense211.5 M215.7 M
Change To Netincome-78.9 M-75 M
Net Income Per Share 3.21  3.37 
Income Quality 2.31  2.20 
Net Income Per E B T 0.75  0.51 

UHAL-B Profitability Driver Comparison

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

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

U Haul Pair Trading

U Haul Holding Pair Trading Analysis

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

In addition to having U Haul 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 Measuring and Control Equipment Thematic Idea Now

Measuring and Control Equipment
Measuring and Control Equipment Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Measuring and Control Equipment theme has 61 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 Measuring and Control Equipment Theme or any other thematic opportunities.
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When determining whether U Haul Holding is a strong investment it is important to analyze U Haul's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact U Haul's future performance. For an informed investment choice regarding UHAL-B Stock, refer to the following important reports:
Check out World Market Map.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
To fully project U Haul's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of U Haul Holding 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 U Haul's income statement, its balance sheet, and the statement of cash flows.
Potential U Haul investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although U Haul investors may work on each financial statement separately, they are all related. The changes in U Haul's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on U Haul's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.