Comfort Systems Usa Stock Beta
| FIX Stock | USD 309.41 1.28 0.41% |
Comfort Systems USA fundamentals help investors to digest information that contributes to Comfort Systems' financial success or failures. It also enables traders to predict the movement of Comfort Stock. The fundamental analysis module provides a way to measure Comfort Systems' 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 Comfort Systems stock.
Comfort | Beta |
Comfort Systems USA Company Beta Analysis
Comfort Systems' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Comfort Systems Beta | 1.2 |
Most of Comfort Systems' fundamental indicators, such as Beta, 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, Comfort Systems USA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Comfort Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Comfort Systems is extremely important. It helps to project a fair market value of Comfort Stock properly, considering its historical fundamentals such as Beta. Since Comfort Systems' 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 Comfort Systems' 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 Comfort Systems' interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Comfort Systems USA has a Beta of 1.198. This is 12.55% lower than that of the Construction & Engineering sector and 11.96% higher than that of the Industrials industry. The beta for all United States stocks is notably lower than that of the firm.
Comfort Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Comfort Systems' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Comfort Systems could also be used in its relative valuation, which is a method of valuing Comfort Systems by comparing valuation metrics of similar companies.Comfort Systems is currently under evaluation in beta category among related companies.
Comfort Systems Institutional Holders
Institutional Holdings refers to the ownership stake in Comfort Systems that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Comfort Systems' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Comfort Systems' value.| Shares | Alliancebernstein L.p. | 2023-12-31 | 609.9 K | Goldman Sachs Group Inc | 2023-12-31 | 538.1 K | Nuveen Asset Management, Llc | 2023-12-31 | 533.7 K | Hood River Capital Management Llc | 2023-12-31 | 482.2 K | Northern Trust Corp | 2023-12-31 | 480.3 K | T. Rowe Price Associates, Inc. | 2023-12-31 | 475.8 K | Charles Schwab Investment Management Inc | 2023-12-31 | 467.9 K | Westfield Capital Management Company, Lp | 2023-12-31 | 426.6 K | Federated Hermes Inc | 2023-12-31 | 422.1 K | Blackrock Inc | 2023-12-31 | 4.8 M | Vanguard Group Inc | 2023-12-31 | 3.9 M |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Comfort Systems will likely underperform.
Comfort Fundamentals
| Return On Equity | 0.3 | ||||
| Return On Asset | 0.0904 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 11.29 B | ||||
| Shares Outstanding | 35.72 M | ||||
| Shares Owned By Insiders | 1.69 % | ||||
| Shares Owned By Institutions | 98.77 % | ||||
| Number Of Shares Shorted | 1.23 M | ||||
| Price To Earning | 29.01 X | ||||
| Price To Book | 8.59 X | ||||
| Price To Sales | 2.11 X | ||||
| Revenue | 5.21 B | ||||
| Gross Profit | 741.61 M | ||||
| EBITDA | 523.62 M | ||||
| Net Income | 323.4 M | ||||
| Cash And Equivalents | 57.21 M | ||||
| Cash Per Share | 2.00 X | ||||
| Total Debt | 256.77 M | ||||
| Debt To Equity | 0.54 % | ||||
| Current Ratio | 1.30 X | ||||
| Book Value Per Share | 38.57 X | ||||
| Cash Flow From Operations | 639.57 M | ||||
| Short Ratio | 3.76 X | ||||
| Earnings Per Share | 10.10 X | ||||
| Price To Earnings To Growth | 2.06 X | ||||
| Target Price | 328.0 | ||||
| Number Of Employees | 15.8 K | ||||
| Beta | 1.2 | ||||
| Market Capitalization | 11.1 B | ||||
| Total Asset | 3.31 B | ||||
| Retained Earnings | 1.15 B | ||||
| Working Capital | 189.9 M | ||||
| Current Asset | 424.27 M | ||||
| Current Liabilities | 305.39 M | ||||
| Annual Yield | 0 % | ||||
| Five Year Return | 0.71 % | ||||
| Net Asset | 3.31 B | ||||
| Last Dividend Paid | 0.93 |
About Comfort Systems Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Comfort Systems USA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Comfort Systems using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Comfort Systems USA 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.
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When running Comfort Systems' price analysis, check to measure Comfort Systems' 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 Comfort Systems is operating at the current time. Most of Comfort Systems' value examination focuses on studying past and present price action to predict the probability of Comfort Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comfort Systems' price. Additionally, you may evaluate how the addition of Comfort Systems to your portfolios can decrease your overall portfolio volatility.
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Is Comfort Systems' 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 Comfort Systems. If investors know Comfort 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 Comfort Systems 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 0.692 | Dividend Share 0.925 | Earnings Share 10.1 | Revenue Per Share 155.633 | Quarterly Revenue Growth 0.309 |
The market value of Comfort Systems USA is measured differently than its book value, which is the value of Comfort that is recorded on the company's balance sheet. Investors also form their own opinion of Comfort Systems' value that differs from its market value or its book value, called intrinsic value, which is Comfort Systems' 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 Comfort Systems' market value can be influenced by many factors that don't directly affect Comfort Systems' 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 Comfort Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Comfort Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comfort Systems' 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.