Ducommun Incorporated Stock Book Value Per Share
DCO Stock | USD 50.45 0.95 1.92% |
Ducommun Incorporated fundamentals help investors to digest information that contributes to Ducommun Incorporated's financial success or failures. It also enables traders to predict the movement of Ducommun Stock. The fundamental analysis module provides a way to measure Ducommun Incorporated'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 Ducommun Incorporated stock.
Ducommun | Book Value Per Share |
Ducommun Book Value Per Share Analysis
Ducommun Incorporated's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 142.5M | 144.3M | 163.2M | 84.0M | Total Revenue | 645.4M | 712.5M | 757.0M | 395.2M |
Book Value per Share | = | Common EquityAverage Shares |
Current Ducommun Incorporated Book Value Per Share | 43.57 X |
Most of Ducommun Incorporated's fundamental indicators, such as Book Value Per Share, 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, Ducommun Incorporated is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Ducommun Book Value Per Share Driver Correlations
Understanding the fundamental principles of building solid financial models for Ducommun Incorporated is extremely important. It helps to project a fair market value of Ducommun Stock properly, considering its historical fundamentals such as Book Value Per Share. Since Ducommun Incorporated'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 Ducommun Incorporated'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 Ducommun Incorporated's interrelated accounts and indicators.
Click cells to compare fundamentals
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Competition |
Ducommun Common Stock Shares Outstanding
Common Stock Shares Outstanding |
|
In accordance with the recently published financial statements, the book value per share of Ducommun Incorporated is about 43.566 times. This is 99.91% lower than that of the Aerospace & Defense sector and 46.69% higher than that of the Industrials industry. The book value per share for all United States stocks is 97.74% higher than that of the company.
Ducommun Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ducommun Incorporated's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ducommun Incorporated could also be used in its relative valuation, which is a method of valuing Ducommun Incorporated by comparing valuation metrics of similar companies.Ducommun Incorporated is currently under evaluation in book value per share category among related companies.
Ducommun Fundamentals
Return On Equity | 0.0274 | ||||
Return On Asset | 0.0263 | ||||
Profit Margin | 0.02 % | ||||
Operating Margin | 0.06 % | ||||
Current Valuation | 977.47 M | ||||
Shares Outstanding | 14.64 M | ||||
Shares Owned By Insiders | 14.27 % | ||||
Shares Owned By Institutions | 88.95 % | ||||
Number Of Shares Shorted | 130.26 K | ||||
Price To Earning | 20.87 X | ||||
Price To Book | 1.14 X | ||||
Price To Sales | 0.96 X | ||||
Revenue | 756.99 M | ||||
Gross Profit | 144.8 M | ||||
EBITDA | 77.33 M | ||||
Net Income | 15.93 M | ||||
Cash And Equivalents | 46.25 M | ||||
Cash Per Share | 3.11 X | ||||
Total Debt | 295.59 M | ||||
Debt To Equity | 0.59 % | ||||
Current Ratio | 2.79 X | ||||
Book Value Per Share | 43.57 X | ||||
Cash Flow From Operations | 31.07 M | ||||
Short Ratio | 1.17 X | ||||
Earnings Per Share | 1.14 X | ||||
Price To Earnings To Growth | 3.04 X | ||||
Target Price | 64.0 | ||||
Number Of Employees | 2.27 K | ||||
Beta | 1.27 | ||||
Market Capitalization | 724.74 M | ||||
Total Asset | 1.12 B | ||||
Retained Earnings | 421.98 M | ||||
Working Capital | 365.87 M | ||||
Current Asset | 263.26 M | ||||
Current Liabilities | 83.61 M | ||||
Z Score | 3.29 | ||||
Net Asset | 1.12 B |
About Ducommun Incorporated Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ducommun Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ducommun Incorporated using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ducommun Incorporated 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.Ducommun Incorporated provides engineering and manufacturing products and services primarily to the aerospace and defense, industrial, medical, and other industries in the United States. The company was founded in 1849 and is headquartered in Santa Ana, California. Ducommun operates under Aerospace Defense classification in the United States and is traded on New York Stock Exchange. It employs 2480 people.
Pair Trading with Ducommun Incorporated
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 Ducommun Incorporated 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 Ducommun Incorporated will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Ducommun Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ducommun Incorporated 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 Ducommun Incorporated - 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 Ducommun Incorporated to buy it.
The correlation of Ducommun Incorporated 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 Ducommun Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ducommun Incorporated 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 Ducommun Incorporated 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 Ducommun Incorporated Piotroski F Score and Ducommun Incorporated Altman Z Score analysis. To learn how to invest in Ducommun Stock, please use our How to Invest in Ducommun Incorporated guide.Note that the Ducommun Incorporated information on this page should be used as a complementary analysis to other Ducommun Incorporated'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 Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Ducommun Stock analysis
When running Ducommun Incorporated's price analysis, check to measure Ducommun Incorporated'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 Ducommun Incorporated is operating at the current time. Most of Ducommun Incorporated's value examination focuses on studying past and present price action to predict the probability of Ducommun Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ducommun Incorporated's price. Additionally, you may evaluate how the addition of Ducommun Incorporated to your portfolios can decrease your overall portfolio volatility.
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Transaction History View history of all your transactions and understand their impact on performance | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |
Is Ducommun Incorporated'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 Ducommun Incorporated. If investors know Ducommun 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 Ducommun Incorporated 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 (0.47) | Earnings Share 1.14 | Revenue Per Share 55.186 | Quarterly Revenue Growth 0.021 | Return On Assets 0.0263 |
The market value of Ducommun Incorporated is measured differently than its book value, which is the value of Ducommun that is recorded on the company's balance sheet. Investors also form their own opinion of Ducommun Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Ducommun Incorporated'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 Ducommun Incorporated's market value can be influenced by many factors that don't directly affect Ducommun Incorporated'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 Ducommun Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ducommun Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ducommun Incorporated'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.