Kearny Financial Corp Stock Return On Asset
| KRNY Stock | USD 5.54 0.04 0.73% |
Kearny Financial Corp fundamentals help investors to digest information that contributes to Kearny Financial's financial success or failures. It also enables traders to predict the movement of Kearny Stock. The fundamental analysis module provides a way to measure Kearny Financial's 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 Kearny Financial stock.
Return On Assets is likely to drop to 0 in 2024. Kearny | Return On Asset |
Kearny Financial Corp Company Return On Asset Analysis
Kearny Financial's 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 Kearny Financial Return On Asset | 0.0023 |
Most of Kearny Financial's 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, Kearny Financial Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Kearny Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Kearny Financial is extremely important. It helps to project a fair market value of Kearny Stock properly, considering its historical fundamentals such as Return On Asset. Since Kearny Financial's 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 Kearny Financial's 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 Kearny Financial's interrelated accounts and indicators.
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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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Kearny Total Assets
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Based on the latest financial disclosure, Kearny Financial Corp has a Return On Asset of 0.0023. This is 100.49% lower than that of the Thrifts & Mortgage Finance sector and significantly higher than that of the Financials industry. The return on asset for all United States stocks is 101.64% lower than that of the firm.
Kearny Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kearny Financial's 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 Kearny Financial could also be used in its relative valuation, which is a method of valuing Kearny Financial by comparing valuation metrics of similar companies.Kearny Financial is currently under evaluation in return on asset category among related companies.
Kearny Fundamentals
| Return On Equity | 0.0213 | ||||
| Return On Asset | 0.0023 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | (0.60) % | ||||
| Current Valuation | 1.89 B | ||||
| Shares Outstanding | 64.44 M | ||||
| Shares Owned By Insiders | 11.70 % | ||||
| Shares Owned By Institutions | 64.49 % | ||||
| Number Of Shares Shorted | 995.36 K | ||||
| Price To Earning | 13.29 X | ||||
| Price To Book | 0.44 X | ||||
| Price To Sales | 2.52 X | ||||
| Revenue | 178.62 M | ||||
| Gross Profit | 176.13 M | ||||
| EBITDA | 58.67 M | ||||
| Net Income | 40.81 M | ||||
| Cash And Equivalents | 142.84 M | ||||
| Cash Per Share | 2.17 X | ||||
| Total Debt | 1.51 B | ||||
| Debt To Equity | 2.92 % | ||||
| Book Value Per Share | 13.64 X | ||||
| Cash Flow From Operations | 69.55 M | ||||
| Short Ratio | 2.23 X | ||||
| Earnings Per Share | 0.29 X | ||||
| Price To Earnings To Growth | 15.99 X | ||||
| Target Price | 6.88 | ||||
| Number Of Employees | 556 | ||||
| Beta | 0.7 | ||||
| Market Capitalization | 354.4 M | ||||
| Total Asset | 8.06 B | ||||
| Retained Earnings | 457.61 M | ||||
| Annual Yield | 0.08 % | ||||
| Five Year Return | 2.29 % | ||||
| Net Asset | 8.06 B | ||||
| Last Dividend Paid | 0.44 |
About Kearny Financial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Kearny Financial Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kearny Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kearny Financial Corp 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.
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When running Kearny Financial's price analysis, check to measure Kearny Financial'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 Kearny Financial is operating at the current time. Most of Kearny Financial's value examination focuses on studying past and present price action to predict the probability of Kearny Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kearny Financial's price. Additionally, you may evaluate how the addition of Kearny Financial to your portfolios can decrease your overall portfolio volatility.
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Is Kearny Financial'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 Kearny Financial. If investors know Kearny 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 Kearny Financial 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 (0.38) | Dividend Share 0.44 | Earnings Share 0.29 | Revenue Per Share 2.339 | Quarterly Revenue Growth (0.49) |
The market value of Kearny Financial Corp is measured differently than its book value, which is the value of Kearny that is recorded on the company's balance sheet. Investors also form their own opinion of Kearny Financial's value that differs from its market value or its book value, called intrinsic value, which is Kearny Financial'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 Kearny Financial's market value can be influenced by many factors that don't directly affect Kearny Financial'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 Kearny Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kearny Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kearny Financial'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.