Bar Harbor Bankshares Stock Return On Asset
| BHB Stock | USD 25.75 0.47 1.86% |
Bar Harbor Bankshares fundamentals help investors to digest information that contributes to Bar Harbor's financial success or failures. It also enables traders to predict the movement of Bar Stock. The fundamental analysis module provides a way to measure Bar Harbor'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 Bar Harbor stock.
The current year's Return On Assets is expected to grow to 0.01. Bar | Return On Asset |
Bar Harbor Bankshares Company Return On Asset Analysis
Bar Harbor'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 Bar Harbor Return On Asset | 0.0106 |
Most of Bar Harbor'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, Bar Harbor Bankshares is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Bar Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Bar Harbor is extremely important. It helps to project a fair market value of Bar Stock properly, considering its historical fundamentals such as Return On Asset. Since Bar Harbor'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 Bar Harbor'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 Bar Harbor's 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.
| Competition |
Bar Total Assets
Total Assets |
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Based on the latest financial disclosure, Bar Harbor Bankshares has a Return On Asset of 0.0106. This is 102.26% lower than that of the Banks sector and significantly higher than that of the Financials industry. The return on asset for all United States stocks is 107.57% lower than that of the firm.
Bar Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bar Harbor'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 Bar Harbor could also be used in its relative valuation, which is a method of valuing Bar Harbor by comparing valuation metrics of similar companies.Bar Harbor is currently under evaluation in return on asset category among related companies.
Bar Fundamentals
| Return On Equity | 0.0994 | |||
| Return On Asset | 0.0106 | |||
| Profit Margin | 0.28 % | |||
| Operating Margin | 0.36 % | |||
| Current Valuation | 638.28 M | |||
| Shares Outstanding | 15.21 M | |||
| Shares Owned By Insiders | 2.54 % | |||
| Shares Owned By Institutions | 55.80 % | |||
| Number Of Shares Shorted | 51.79 K | |||
| Price To Earning | 13.09 X | |||
| Price To Book | 0.84 X | |||
| Price To Sales | 2.41 X | |||
| Revenue | 210.01 M | |||
| Gross Profit | 146.09 M | |||
| EBITDA | 932 K | |||
| Net Income | 44.85 M | |||
| Cash And Equivalents | 82.06 M | |||
| Cash Per Share | 5.45 X | |||
| Total Debt | 338.38 M | |||
| Debt To Equity | 9.25 % | |||
| Book Value Per Share | 28.64 X | |||
| Cash Flow From Operations | 49.59 M | |||
| Short Ratio | 1.61 X | |||
| Earnings Per Share | 2.75 X | |||
| Target Price | 28.25 | |||
| Number Of Employees | 462 | |||
| Beta | 0.74 | |||
| Market Capitalization | 384.56 M | |||
| Total Asset | 3.97 B | |||
| Retained Earnings | 272.1 M | |||
| Annual Yield | 0.05 % | |||
| Five Year Return | 3.38 % | |||
| Net Asset | 3.97 B | |||
| Last Dividend Paid | 1.12 |
About Bar Harbor Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bar Harbor Bankshares's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bar Harbor using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bar Harbor Bankshares 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.
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 Bar Harbor 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, Bar Harbor's short interest history, or implied volatility extrapolated from Bar Harbor options trading.
Pair Trading with Bar Harbor
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 Bar Harbor 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 Bar Harbor will appreciate offsetting losses from the drop in the long position's value.Moving together with Bar Stock
| 0.86 | AX | Axos Financial Earnings Call This Week | PairCorr |
| 0.93 | BY | Byline Bancorp Normal Trading | PairCorr |
Moving against Bar Stock
| 0.55 | KB | KB Financial Group Earnings Call Today | PairCorr |
| 0.54 | TECTP | Tectonic Financial | PairCorr |
| 0.47 | NU | Nu Holdings Financial Report 20th of May 2024 | PairCorr |
| 0.45 | WF | Woori Financial Group Financial Report 21st of May 2024 | PairCorr |
The ability to find closely correlated positions to Bar Harbor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bar Harbor 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 Bar Harbor - 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 Bar Harbor Bankshares to buy it.
The correlation of Bar Harbor 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 Bar Harbor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bar Harbor Bankshares 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 Bar Harbor 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 Bar Harbor Piotroski F Score and Bar Harbor Altman Z Score analysis. Note that the Bar Harbor Bankshares information on this page should be used as a complementary analysis to other Bar Harbor'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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Bar Stock analysis
When running Bar Harbor's price analysis, check to measure Bar Harbor'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 Bar Harbor is operating at the current time. Most of Bar Harbor's value examination focuses on studying past and present price action to predict the probability of Bar Harbor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bar Harbor's price. Additionally, you may evaluate how the addition of Bar Harbor to your portfolios can decrease your overall portfolio volatility.
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Is Bar Harbor'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 Bar Harbor. If investors know Bar 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 Bar Harbor 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 1.12 | Earnings Share 2.75 | Revenue Per Share 9.725 | Quarterly Revenue Growth (0.07) |
The market value of Bar Harbor Bankshares is measured differently than its book value, which is the value of Bar that is recorded on the company's balance sheet. Investors also form their own opinion of Bar Harbor's value that differs from its market value or its book value, called intrinsic value, which is Bar Harbor'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 Bar Harbor's market value can be influenced by many factors that don't directly affect Bar Harbor'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 Bar Harbor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bar Harbor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bar Harbor'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.