Wabash National Return On Asset vs. Price To Earning

WNC Stock  USD 19.31  0.02  0.10%   
Taking into consideration Wabash National's profitability measurements, Wabash National is performing exceptionally good at this time. It has a great probability to showcase excellent profitability results in January. Profitability indicators assess Wabash National's ability to earn profits and add value for shareholders. At present, Wabash National's Days Sales Outstanding is projected to increase based on the last few years of reporting. The current year's EV To Sales is expected to grow to 0.76, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.04. At present, Wabash National's Income Before Tax is projected to increase significantly based on the last few years of reporting. The current year's Net Income is expected to grow to about 242.8 M, whereas Accumulated Other Comprehensive Income is forecasted to decline to (449.4 K).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.210.1964
Notably Up
Slightly volatile
Operating Profit Margin0.130.123
Notably Up
Slightly volatile
For Wabash National profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Wabash National to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Wabash National utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Wabash National's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Wabash National over time as well as its relative position and ranking within its peers.
  

Wabash National's Revenue Breakdown by Earning Segment

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Is Construction Machinery & Heavy Transportation Equipment 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 Wabash National. If investors know Wabash 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 Wabash National 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
(0.58)
Dividend Share
0.32
Earnings Share
(5.26)
Revenue Per Share
47.238
Quarterly Revenue Growth
(0.27)
The market value of Wabash National is measured differently than its book value, which is the value of Wabash that is recorded on the company's balance sheet. Investors also form their own opinion of Wabash National's value that differs from its market value or its book value, called intrinsic value, which is Wabash National'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 Wabash National's market value can be influenced by many factors that don't directly affect Wabash National'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 Wabash National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wabash National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wabash National'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.

Wabash National Price To Earning vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Wabash National's current stock value. Our valuation model uses many indicators to compare Wabash National value to that of its competitors to determine the firm's financial worth.
Wabash National is rated below average in return on asset category among its peers. It is rated first in price to earning category among its peers . 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 Wabash National's earnings, one of the primary drivers of an investment's value.

Wabash Price To Earning 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.

Wabash National

Return On Asset

 = 

Net Income

Total Assets

 = 
-0.13
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.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

Wabash National

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
108.81 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.

Wabash Price To Earning Comparison

Wabash National is currently under evaluation in price to earning category among its peers.

Wabash National Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Wabash National, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Wabash National will eventually generate negative long term returns. The profitability progress is the general direction of Wabash National's change in net profit over the period of time. It can combine multiple indicators of Wabash National, 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-428 K-449.4 K
Operating Income311.9 M327.5 M
Income Before Tax294.7 M309.4 M
Total Other Income Expense Net-17.3 M-18.1 M
Net Income231.3 M242.8 M
Income Tax Expense62.8 M66 M
Net Income Applicable To Common Shares101 M106.1 M
Net Income From Continuing Ops223 M234.1 M
Non Operating Income Net Other286.2 K271.9 K
Interest Income23.6 M24.1 M
Net Interest Income-20.1 M-21.1 M
Change To Netincome4.3 MM
Net Income Per Share 4.92  5.17 
Income Quality 1.38  0.77 
Net Income Per E B T 0.78  0.64 

Wabash Profitability Driver Comparison

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

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

Wabash National Pair Trading

Wabash National Pair Trading Analysis

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

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When determining whether Wabash National offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wabash National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wabash National Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wabash National Stock:
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For information on how to trade Wabash Stock refer to our How to Trade Wabash Stock guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
To fully project Wabash National's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Wabash National 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 Wabash National's income statement, its balance sheet, and the statement of cash flows.
Potential Wabash National investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Wabash National investors may work on each financial statement separately, they are all related. The changes in Wabash National's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Wabash National'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.