Hamilton Beach Price To Earning vs. Beta
| HBB Stock | USD 21.54 0.33 1.56% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.25 | 0.2293 |
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| Net Profit Margin | 0.0273 | 0.0403 |
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| Operating Profit Margin | 0.0432 | 0.0561 |
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| Pretax Profit Margin | 0.0392 | 0.0507 |
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| Return On Assets | 0.0733 | 0.0656 |
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| Return On Equity | 0.16 | 0.1714 |
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For Hamilton Beach profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hamilton Beach to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hamilton Beach Brands utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hamilton Beach's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hamilton Beach Brands over time as well as its relative position and ranking within its peers.
Hamilton |
Is Hamilton Beach's industry 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 Hamilton Beach. If investors know Hamilton 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 Hamilton Beach 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 1.744 | Dividend Share 0.435 | Earnings Share 1.8 | Revenue Per Share 44.573 | Quarterly Revenue Growth 0.053 |
The market value of Hamilton Beach Brands is measured differently than its book value, which is the value of Hamilton that is recorded on the company's balance sheet. Investors also form their own opinion of Hamilton Beach's value that differs from its market value or its book value, called intrinsic value, which is Hamilton Beach'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 Hamilton Beach's market value can be influenced by many factors that don't directly affect Hamilton Beach'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 Hamilton Beach's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hamilton Beach is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hamilton Beach'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.
Hamilton Beach Brands Beta vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hamilton Beach's current stock value. Our valuation model uses many indicators to compare Hamilton Beach value to that of its competitors to determine the firm's financial worth. Hamilton Beach Brands is rated below average in price to earning category among related companies. It is rated # 5 in beta category among related companies totaling about 0.23 of Beta per Price To Earning. The ratio of Price To Earning to Beta for Hamilton Beach Brands is roughly 4.40 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Hamilton Beach by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hamilton Beach's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Hamilton Beach's earnings, one of the primary drivers of an investment's value.Hamilton Beta vs. Price To Earning
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.
Hamilton Beach |
| = | 4.06 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.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Hamilton Beach |
| = | 0.92 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Hamilton Beta Comparison
Hamilton Beach is currently under evaluation in beta category among related companies.
Beta Analysis
Hamilton Beach returns are very sensitive to returns on the market. As the market goes up or down, Hamilton Beach is expected to follow.
Hamilton Beach Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hamilton Beach, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hamilton Beach will eventually generate negative long term returns. The profitability progress is the general direction of Hamilton Beach's change in net profit over the period of time. It can combine multiple indicators of Hamilton Beach, 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 | -10.7 M | -11.2 M | |
| Interest Income | 5.3 M | 2.8 M | |
| Operating Income | 35.1 M | 29.3 M | |
| Net Income From Continuing Ops | 12.8 M | 17.3 M | |
| Income Before Tax | 31.7 M | 26.5 M | |
| Total Other Income Expense Net | -3.4 M | -3.6 M | |
| Net Income Applicable To Common Shares | 29.1 M | 21.8 M | |
| Net Income | 25.2 M | 25.2 M | |
| Income Tax Expense | 6.5 M | 8.2 M | |
| Net Interest Income | -4.3 M | -4.6 M | |
| Non Operating Income Net Other | -1.6 M | -1.5 M | |
| Change To Netincome | 5.2 M | 5.4 M | |
| Net Income Per Share | 1.80 | 1.34 | |
| Income Quality | 3.51 | 3.69 | |
| Net Income Per E B T | 0.80 | 0.56 |
Hamilton Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hamilton Beach. 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 Hamilton Beach 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 Hamilton Beach's important profitability drivers and their relationship over time.
Use Hamilton Beach 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 Hamilton Beach 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 Hamilton Beach will appreciate offsetting losses from the drop in the long position's value.Hamilton Beach Pair Trading
Hamilton Beach Brands Pair Trading Analysis
The ability to find closely correlated positions to Hamilton Beach could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hamilton Beach 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 Hamilton Beach - 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 Hamilton Beach Brands to buy it.
The correlation of Hamilton Beach 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 Hamilton Beach moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hamilton Beach Brands 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 Hamilton Beach 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 Hamilton Beach position
In addition to having Hamilton Beach 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 Utilities Thematic Idea Now
Utilities
Highly leveraged corporations that deliver utilities such as power, water or gas to public or business. The Utilities theme has 30 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 Utilities Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis. Note that the Hamilton Beach Brands information on this page should be used as a complementary analysis to other Hamilton Beach's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Hamilton Stock analysis
When running Hamilton Beach's price analysis, check to measure Hamilton Beach'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 Hamilton Beach is operating at the current time. Most of Hamilton Beach's value examination focuses on studying past and present price action to predict the probability of Hamilton Beach's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hamilton Beach's price. Additionally, you may evaluate how the addition of Hamilton Beach to your portfolios can decrease your overall portfolio volatility.
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To fully project Hamilton Beach's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hamilton Beach Brands 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 Hamilton Beach's income statement, its balance sheet, and the statement of cash flows.