Altria Current Asset vs. Earnings Per Share

MO Stock  USD 43.62  0.04  0.09%   
Based on the key profitability measurements obtained from Altria's financial statements, Altria Group is yielding more profit at this time then in previous quarter. It has a moderate risk of reporting better profitability numbers in April. Profitability indicators assess Altria's ability to earn profits and add value for shareholders. At this time, Altria's Price To Sales Ratio is very stable compared to the past year. As of the 29th of March 2024, Operating Cash Flow Sales Ratio is likely to grow to 0.48, while Days Of Sales Outstanding is likely to drop 1.20. At this time, Altria's Net Income Applicable To Common Shares is very stable compared to the past year. As of the 29th of March 2024, Change To Netincome is likely to grow to about 3.4 B, while Accumulated Other Comprehensive Income is likely to drop (2.8 B).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.440.6967
Way Down
Slightly volatile
Operating Profit Margin0.610.5842
Sufficiently Up
Slightly volatile
Pretax Profit Margin0.560.533
Sufficiently Up
Very volatile
For Altria profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Altria to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Altria Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Altria's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Altria Group over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Is Altria'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 Altria. If investors know Altria 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 Altria 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
(0.23)
Dividend Share
3.84
Earnings Share
4.57
Revenue Per Share
11.537
Quarterly Revenue Growth
(0.01)
The market value of Altria Group is measured differently than its book value, which is the value of Altria that is recorded on the company's balance sheet. Investors also form their own opinion of Altria's value that differs from its market value or its book value, called intrinsic value, which is Altria'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 Altria's market value can be influenced by many factors that don't directly affect Altria'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 Altria's value and its price as these two are different measures arrived at by different means. Investors typically determine if Altria is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altria'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.

Altria Group Earnings Per Share vs. Current Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Altria's current stock value. Our valuation model uses many indicators to compare Altria value to that of its competitors to determine the firm's financial worth.
Altria Group is considered to be number one stock in current asset category among related companies. It is considered to be number one stock in earnings per share category among related companies . The ratio of Current Asset to Earnings Per Share for Altria Group is about  1,331,728,665 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Altria by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Altria'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 Altria's earnings, one of the primary drivers of an investment's value.

Altria Earnings Per Share vs. Current Asset

Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Altria

Current Asset

 = 

Cash

+

Deposits

+

Liquid Assets

 = 
6.09 B
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.

Altria

Earnings per Share

 = 

Earnings

Average Shares

 = 
4.57 X
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.

Altria Earnings Per Share Comparison

Altria is currently under evaluation in earnings per share category among related companies.

Altria Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Altria, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Altria will eventually generate negative long term returns. The profitability progress is the general direction of Altria's change in net profit over the period of time. It can combine multiple indicators of Altria, 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 2024
Accumulated Other Comprehensive Income-2.7 B-2.8 B
Operating Income12.3 B11 B
Income Before Tax10.9 B9.8 B
Total Other Income Expense Net-1.4 B-1.5 B
Net Income8.1 B6.9 B
Income Tax Expense2.8 B2.5 B
Net Income Applicable To Common Shares5.2 B5.4 B
Net Income From Continuing Ops8.8 B6.5 B
Non Operating Income Net Other-717.3 M-681.4 M
Interest Income160 M111.1 M
Net Interest Income-984 M-1 B
Change To Netincome3.3 B3.4 B
Net Income Per E B T 0.74  0.65 

Altria Profitability Driver Comparison

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

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

Altria Pair Trading

Altria Group Pair Trading Analysis

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

In addition to having Altria 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.

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Run Compulsion Thematic Idea Now

Compulsion
Compulsion Theme
Companies involved in research, development, and manufacturing of products with compulsion characteristics such as cigarettes, addictive drugs and alcohol. The Compulsion theme has 40 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 Compulsion Theme or any other thematic opportunities.
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When determining whether Altria Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Altria'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 Altria Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Altria Group Stock:
Check out Correlation Analysis.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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When running Altria's price analysis, check to measure Altria'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 Altria is operating at the current time. Most of Altria's value examination focuses on studying past and present price action to predict the probability of Altria's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altria's price. Additionally, you may evaluate how the addition of Altria to your portfolios can decrease your overall portfolio volatility.
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To fully project Altria's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Altria Group 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 Altria's income statement, its balance sheet, and the statement of cash flows.
Potential Altria investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Altria investors may work on each financial statement separately, they are all related. The changes in Altria's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Altria'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.