Columbus Mckinnon Stock Market Capitalization

CMCO Stock  USD 40.89  0.08  0.20%   
Columbus McKinnon fundamentals help investors to digest information that contributes to Columbus McKinnon's financial success or failures. It also enables traders to predict the movement of Columbus Stock. The fundamental analysis module provides a way to measure Columbus McKinnon'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 Columbus McKinnon stock.
Last ReportedProjected for Next Year
Market Cap956.5 MB
  
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Columbus McKinnon Company Market Capitalization Analysis

Columbus McKinnon's Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

Market Cap

 = 

Shares Outstanding

X

Share Price

More About Market Capitalization | All Equity Analysis

Current Columbus McKinnon Market Capitalization

    
  1.18 B  
Most of Columbus McKinnon's fundamental indicators, such as Market Capitalization, 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, Columbus McKinnon is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Columbus Market Capitalization Driver Correlations

Understanding the fundamental principles of building solid financial models for Columbus McKinnon is extremely important. It helps to project a fair market value of Columbus Stock properly, considering its historical fundamentals such as Market Capitalization. Since Columbus McKinnon'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 Columbus McKinnon'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 Columbus McKinnon's interrelated accounts and indicators.
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Columbus Market Capitalization Historical Pattern

Today, most investors in Columbus McKinnon Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Columbus McKinnon'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 market capitalization growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Columbus McKinnon market capitalization as a starting point in their analysis.
   Columbus McKinnon Market Capitalization   
       Timeline  
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Competition

Columbus Long Term Debt To Capitalization

Long Term Debt To Capitalization

0.54

At this time, Columbus McKinnon's Long Term Debt To Capitalization is very stable compared to the past year.
Based on the recorded statements, the market capitalization of Columbus McKinnon is about 1.18 B. This is 79.46% lower than that of the Machinery sector and significantly higher than that of the Industrials industry. The market capitalization for all United States stocks is 93.81% higher than that of the company.

Columbus Market Capitalization Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Columbus McKinnon's direct or indirect competition against its Market Capitalization to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Columbus McKinnon could also be used in its relative valuation, which is a method of valuing Columbus McKinnon by comparing valuation metrics of similar companies.
Columbus McKinnon is currently under evaluation in market capitalization category among related companies.

Columbus Fundamentals

About Columbus McKinnon Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Columbus McKinnon's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Columbus McKinnon using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Columbus McKinnon 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 Columbus McKinnon 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, Columbus McKinnon's short interest history, or implied volatility extrapolated from Columbus McKinnon options trading.

Pair Trading with Columbus McKinnon

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 Columbus McKinnon 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 Columbus McKinnon will appreciate offsetting losses from the drop in the long position's value.

Moving against Columbus Stock

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The ability to find closely correlated positions to Columbus McKinnon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Columbus McKinnon 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 Columbus McKinnon - 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 Columbus McKinnon to buy it.
The correlation of Columbus McKinnon 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 Columbus McKinnon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Columbus McKinnon 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 Columbus McKinnon 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
When determining whether Columbus McKinnon offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Columbus McKinnon'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 Columbus Mckinnon Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Columbus Mckinnon Stock:
Check out Columbus McKinnon Piotroski F Score and Columbus McKinnon Altman Z Score analysis.
To learn how to invest in Columbus Stock, please use our How to Invest in Columbus McKinnon guide.
Note that the Columbus McKinnon information on this page should be used as a complementary analysis to other Columbus McKinnon'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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Complementary Tools for Columbus Stock analysis

When running Columbus McKinnon's price analysis, check to measure Columbus McKinnon'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 Columbus McKinnon is operating at the current time. Most of Columbus McKinnon's value examination focuses on studying past and present price action to predict the probability of Columbus McKinnon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Columbus McKinnon's price. Additionally, you may evaluate how the addition of Columbus McKinnon to your portfolios can decrease your overall portfolio volatility.
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Is Columbus McKinnon'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 Columbus McKinnon. If investors know Columbus 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 Columbus McKinnon 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
(0.19)
Dividend Share
0.28
Earnings Share
1.68
Revenue Per Share
34.926
Quarterly Revenue Growth
0.103
The market value of Columbus McKinnon is measured differently than its book value, which is the value of Columbus that is recorded on the company's balance sheet. Investors also form their own opinion of Columbus McKinnon's value that differs from its market value or its book value, called intrinsic value, which is Columbus McKinnon'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 Columbus McKinnon's market value can be influenced by many factors that don't directly affect Columbus McKinnon'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 Columbus McKinnon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbus McKinnon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbus McKinnon'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.