Eagle Materials Stock Return On Asset
| EXP Stock | USD 253.13 0.32 0.13% |
Eagle Materials fundamentals help investors to digest information that contributes to Eagle Materials' financial success or failures. It also enables traders to predict the movement of Eagle Stock. The fundamental analysis module provides a way to measure Eagle Materials' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Eagle Materials stock.
As of 04/25/2024, Return On Assets is likely to drop to 0.11. Eagle | Return On Asset |
Eagle Materials Company Return On Asset Analysis
Eagle Materials' 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.
Current Eagle Materials Return On Asset | 0.14 |
Most of Eagle Materials' fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Eagle Materials is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Eagle Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Eagle Materials is extremely important. It helps to project a fair market value of Eagle Stock properly, considering its historical fundamentals such as Return On Asset. Since Eagle Materials' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Eagle Materials' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Eagle Materials' interrelated accounts and indicators.
Click cells to compare fundamentals
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.
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Eagle Total Assets
Total Assets |
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Based on the latest financial disclosure, Eagle Materials has a Return On Asset of 0.143. This is 80.68% lower than that of the Construction Materials sector and 87.12% lower than that of the Materials industry. The return on asset for all United States stocks is notably lower than that of the firm.
Eagle Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eagle Materials' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Eagle Materials could also be used in its relative valuation, which is a method of valuing Eagle Materials by comparing valuation metrics of similar companies.Eagle Materials is currently under evaluation in return on asset category among related companies.
Eagle Materials Current Valuation Drivers
We derive many important indicators used in calculating different scores of Eagle Materials from analyzing Eagle Materials' financial statements. These drivers represent accounts that assess Eagle Materials' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Eagle Materials' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 2.5B | 5.6B | 5.2B | 5.4B | 4.9B | 5.1B | |
| Enterprise Value | 4.0B | 6.3B | 6.2B | 6.5B | 5.8B | 6.1B |
Eagle Materials ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Eagle Materials' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Eagle Materials' managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Eagle Fundamentals
| Return On Equity | 0.4 | ||||
| Return On Asset | 0.14 | ||||
| Profit Margin | 0.22 % | ||||
| Operating Margin | 0.30 % | ||||
| Current Valuation | 9.74 B | ||||
| Shares Outstanding | 34.45 M | ||||
| Shares Owned By Insiders | 1.29 % | ||||
| Shares Owned By Institutions | 96.90 % | ||||
| Number Of Shares Shorted | 1.06 M | ||||
| Price To Earning | 16.19 X | ||||
| Price To Book | 6.59 X | ||||
| Price To Sales | 3.90 X | ||||
| Revenue | 2.15 B | ||||
| Gross Profit | 519.61 M | ||||
| EBITDA | 623.76 M | ||||
| Net Income | 461.54 M | ||||
| Cash And Equivalents | 15.24 M | ||||
| Cash Per Share | 2.28 X | ||||
| Total Debt | 1.1 B | ||||
| Debt To Equity | 1.01 % | ||||
| Current Ratio | 2.48 X | ||||
| Book Value Per Share | 38.67 X | ||||
| Cash Flow From Operations | 541.73 M | ||||
| Short Ratio | 3.43 X | ||||
| Earnings Per Share | 14.17 X | ||||
| Price To Earnings To Growth | 2.51 X | ||||
| Target Price | 276.2 | ||||
| Number Of Employees | 2.4 K | ||||
| Beta | 1.34 | ||||
| Market Capitalization | 8.73 B | ||||
| Total Asset | 2.78 B | ||||
| Retained Earnings | 1.19 B | ||||
| Working Capital | 308.61 M | ||||
| Current Asset | 380 M | ||||
| Current Liabilities | 120.59 M | ||||
| Annual Yield | 0 % | ||||
| Five Year Return | 0.42 % | ||||
| Net Asset | 2.78 B | ||||
| Last Dividend Paid | 1.0 |
About Eagle Materials Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Eagle Materials's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eagle Materials using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eagle Materials based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Eagle Materials Investors Sentiment
The influence of Eagle Materials' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Eagle. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Eagle Materials' public news can be used to forecast risks associated with an investment in Eagle. The trend in average sentiment can be used to explain how an investor holding Eagle can time the market purely based on public headlines and social activities around Eagle Materials. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Eagle Materials' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Eagle Materials' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Eagle Materials' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Eagle Materials.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Eagle Materials in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Eagle Materials' short interest history, or implied volatility extrapolated from Eagle Materials options trading.
Pair Trading with Eagle Materials
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 Eagle Materials 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 Eagle Materials will appreciate offsetting losses from the drop in the long position's value.Moving together with Eagle Stock
| 0.91 | CRH | CRH PLC ADR | PairCorr |
Moving against Eagle Stock
| 0.66 | RETO | ReTo Eco Solutions Report 6th of May 2024 | PairCorr |
| 0.53 | X | United States Steel Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Eagle Materials could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eagle Materials 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 Eagle Materials - 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 Eagle Materials to buy it.
The correlation of Eagle Materials 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 Eagle Materials moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eagle Materials 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 Eagle Materials 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.Check out Eagle Materials Piotroski F Score and Eagle Materials Altman Z Score analysis. To learn how to invest in Eagle Stock, please use our How to Invest in Eagle Materials guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Eagle Stock analysis
When running Eagle Materials' price analysis, check to measure Eagle Materials' 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 Eagle Materials is operating at the current time. Most of Eagle Materials' value examination focuses on studying past and present price action to predict the probability of Eagle Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eagle Materials' price. Additionally, you may evaluate how the addition of Eagle Materials to your portfolios can decrease your overall portfolio volatility.
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Is Eagle Materials' 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 Eagle Materials. If investors know Eagle 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 Eagle Materials 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 0.163 | Dividend Share 1 | Earnings Share 14.17 | Revenue Per Share 64.117 | Quarterly Revenue Growth 0.093 |
The market value of Eagle Materials is measured differently than its book value, which is the value of Eagle that is recorded on the company's balance sheet. Investors also form their own opinion of Eagle Materials' value that differs from its market value or its book value, called intrinsic value, which is Eagle Materials' 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 Eagle Materials' market value can be influenced by many factors that don't directly affect Eagle Materials' 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 Eagle Materials' value and its price as these two are different measures arrived at by different means. Investors typically determine if Eagle Materials is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eagle Materials' 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.