Cardinal Health Stock Fundamentals
| CAH Stock | USD 103.54 0.17 0.16% |
Cardinal Health fundamentals help investors to digest information that contributes to Cardinal Health's financial success or failures. It also enables traders to predict the movement of Cardinal Stock. The fundamental analysis module provides a way to measure Cardinal Health'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 Cardinal Health stock.
As of now, Cardinal Health's Total Revenue is increasing as compared to previous years. The Cardinal Health's current Gross Profit is estimated to increase to about 8.3 B, while EBIT is projected to decrease to under 1.5 B. Cardinal | Select Account or Indicator |
Cardinal Health Company Current Valuation Analysis
Cardinal Health's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Cardinal Health Current Valuation | 25.15 B |
Most of Cardinal Health's fundamental indicators, such as Current Valuation, 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, Cardinal Health is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cardinal Current Valuation Historical Pattern
Today, most investors in Cardinal Health Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Cardinal Health's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Cardinal Health current valuation as a starting point in their analysis.
Cardinal Health Current Valuation |
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Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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In accordance with the recently published financial statements, Cardinal Health has a Current Valuation of 25.15 B. This is 75.07% higher than that of the Health Care Providers & Services sector and 89.8% higher than that of the Health Care industry. The current valuation for all United States stocks is 51.26% lower than that of the firm.
Cardinal Health Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Cardinal Health's current stock value. Our valuation model uses many indicators to compare Cardinal Health value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cardinal Health competition to find correlations between indicators driving Cardinal Health's intrinsic value. More Info.Cardinal Health is rated second in return on asset category among related companies. It is rated second in profit margin category among related companies fabricating about 0.11 of Profit Margin per Return On Asset. The ratio of Return On Asset to Profit Margin for Cardinal Health is roughly 9.30 . As of now, Cardinal Health's Net Profit Margin is decreasing as compared to previous years.Comparative valuation analysis is a catch-all model that can be used if you cannot value Cardinal Health by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Cardinal Health'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 Cardinal Health's earnings, one of the primary drivers of an investment's value.Cardinal Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cardinal Health's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cardinal Health could also be used in its relative valuation, which is a method of valuing Cardinal Health by comparing valuation metrics of similar companies.Cardinal Health is currently under evaluation in current valuation category among related companies.
Cardinal Health 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, Cardinal Health's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Cardinal Health's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Cardinal Fundamentals
| Return On Asset | 0.0279 | ||||
| Profit Margin | 0 % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 25.15 B | ||||
| Shares Outstanding | 243.23 M | ||||
| Shares Owned By Insiders | 0.58 % | ||||
| Shares Owned By Institutions | 90.31 % | ||||
| Number Of Shares Shorted | 9.04 M | ||||
| Price To Earning | 16.00 X | ||||
| Price To Book | 16.07 X | ||||
| Price To Sales | 0.12 X | ||||
| Revenue | 205.01 B | ||||
| Gross Profit | 6.54 B | ||||
| EBITDA | 2.47 B | ||||
| Net Income | 262 M | ||||
| Cash And Equivalents | 4.04 B | ||||
| Cash Per Share | 13.32 X | ||||
| Total Debt | 4.7 B | ||||
| Debt To Equity | 5.63 % | ||||
| Current Ratio | 1.04 X | ||||
| Book Value Per Share | (14.13) X | ||||
| Cash Flow From Operations | 2.84 B | ||||
| Short Ratio | 3.40 X | ||||
| Earnings Per Share | 2.52 X | ||||
| Price To Earnings To Growth | 0.31 X | ||||
| Target Price | 115.21 | ||||
| Number Of Employees | 47.04 K | ||||
| Beta | 0.7 | ||||
| Market Capitalization | 25.14 B | ||||
| Total Asset | 43.42 B | ||||
| Retained Earnings | (534 M) | ||||
| Working Capital | 127 M | ||||
| Current Asset | 21.96 B | ||||
| Current Liabilities | 19.7 B | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 3.61 % | ||||
| Net Asset | 43.42 B | ||||
| Last Dividend Paid | 2.0 |
About Cardinal Health Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cardinal Health's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cardinal Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cardinal Health 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 3.5 B | 2.4 B | |
| Total Revenue | 235.8 B | 247.6 B | |
| Cost Of Revenue | 227.8 B | 239.2 B | |
| Stock Based Compensation To Revenue | 0 | 0 | |
| Sales General And Administrative To Revenue | 0.04 | 0.04 | |
| Research And Ddevelopement To Revenue | 0.00 | 0.00 | |
| Capex To Revenue | (0) | (0) | |
| Revenue Per Share | 24.58 | 23.35 | |
| Ebit Per Revenue | 0.03 | 0.02 |
Cardinal Health Investors Sentiment
The influence of Cardinal Health's 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 Cardinal. 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 Cardinal Health's public news can be used to forecast risks associated with an investment in Cardinal. The trend in average sentiment can be used to explain how an investor holding Cardinal can time the market purely based on public headlines and social activities around Cardinal Health. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Cardinal Health's 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 Cardinal Health's 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 Cardinal Health's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Cardinal Health.
Cardinal Health Implied Volatility | 37.11 |
Cardinal Health's implied volatility exposes the market's sentiment of Cardinal Health stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Cardinal Health's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Cardinal Health stock will not fluctuate a lot when Cardinal Health's options are near their expiration.
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 Cardinal Health 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, Cardinal Health's short interest history, or implied volatility extrapolated from Cardinal Health options trading.
Pair Trading with Cardinal Health
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 Cardinal Health 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 Cardinal Health will appreciate offsetting losses from the drop in the long position's value.Moving together with Cardinal Stock
| 0.83 | BMY | Bristol Myers Squibb Earnings Call Tomorrow | PairCorr |
The ability to find closely correlated positions to Cardinal Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cardinal Health 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 Cardinal Health - 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 Cardinal Health to buy it.
The correlation of Cardinal Health 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 Cardinal Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cardinal Health 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 Cardinal Health 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 Cardinal Health Piotroski F Score and Cardinal Health Altman Z Score analysis. For more detail on how to invest in Cardinal Stock please use our How to Invest in Cardinal Health guide.Note that the Cardinal Health information on this page should be used as a complementary analysis to other Cardinal Health'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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Cardinal Stock analysis
When running Cardinal Health's price analysis, check to measure Cardinal Health'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 Cardinal Health is operating at the current time. Most of Cardinal Health's value examination focuses on studying past and present price action to predict the probability of Cardinal Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cardinal Health's price. Additionally, you may evaluate how the addition of Cardinal Health to your portfolios can decrease your overall portfolio volatility.
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Is Cardinal Health'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 Cardinal Health. If investors know Cardinal 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 Cardinal Health 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 (0.95) | Dividend Share 1.998 | Earnings Share 2.52 | Revenue Per Share 859.435 | Quarterly Revenue Growth 0.116 |
The market value of Cardinal Health is measured differently than its book value, which is the value of Cardinal that is recorded on the company's balance sheet. Investors also form their own opinion of Cardinal Health's value that differs from its market value or its book value, called intrinsic value, which is Cardinal Health'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 Cardinal Health's market value can be influenced by many factors that don't directly affect Cardinal Health'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 Cardinal Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cardinal Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cardinal Health'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.