United Fire Group Stock Return On Asset
| UFCS Stock | USD 22.03 0.42 1.94% |
United Fire Group fundamentals help investors to digest information that contributes to United Fire's financial success or failures. It also enables traders to predict the movement of United Stock. The fundamental analysis module provides a way to measure United Fire'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 United Fire stock.
Return On Assets is likely to gain to -0.009 in 2024. United | Return On Asset |
United Fire Group Company Return On Asset Analysis
United Fire'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 United Fire Return On Asset | -0.0076 |
Most of United Fire'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, United Fire Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
United Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for United Fire is extremely important. It helps to project a fair market value of United Stock properly, considering its historical fundamentals such as Return On Asset. Since United Fire'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 United Fire'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 United Fire's interrelated accounts and indicators.
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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.
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United Total Assets
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Based on the latest financial disclosure, United Fire Group has a Return On Asset of -0.0076. This is 98.38% lower than that of the Insurance sector and significantly lower than that of the Financials industry. The return on asset for all United States stocks is 94.57% lower than that of the firm.
United Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses United Fire'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 United Fire could also be used in its relative valuation, which is a method of valuing United Fire by comparing valuation metrics of similar companies.United Fire is currently under evaluation in return on asset category among related companies.
United Fire Current Valuation Drivers
We derive many important indicators used in calculating different scores of United Fire from analyzing United Fire's financial statements. These drivers represent accounts that assess United Fire's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of United Fire's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.1B | 628.2M | 581.9M | 688.4M | 508.0M | 505.7M | |
| Enterprise Value | 994.4M | 590.2M | 499.8M | 641.7M | 456.0M | 426.4M |
United Fundamentals
| Return On Equity | -0.0403 | ||||
| Return On Asset | -0.0076 | ||||
| Profit Margin | (0.03) % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 534.38 M | ||||
| Shares Outstanding | 25.29 M | ||||
| Shares Owned By Insiders | 17.99 % | ||||
| Shares Owned By Institutions | 63.91 % | ||||
| Number Of Shares Shorted | 124.62 K | ||||
| Price To Earning | 11.71 X | ||||
| Price To Book | 0.75 X | ||||
| Price To Sales | 0.50 X | ||||
| Revenue | 1.1 B | ||||
| Gross Profit | 15.27 M | ||||
| EBITDA | 10.51 M | ||||
| Net Income | (29.7 M) | ||||
| Cash And Equivalents | 92.21 M | ||||
| Cash Per Share | 3.66 X | ||||
| Total Debt | 50 M | ||||
| Debt To Equity | 0.06 % | ||||
| Current Ratio | 0.32 X | ||||
| Book Value Per Share | 29.04 X | ||||
| Cash Flow From Operations | 171.74 M | ||||
| Short Ratio | 1.30 X | ||||
| Earnings Per Share | (1.18) X | ||||
| Price To Earnings To Growth | 2.90 X | ||||
| Target Price | 21.0 | ||||
| Number Of Employees | 852 | ||||
| Beta | 0.37 | ||||
| Market Capitalization | 557.05 M | ||||
| Total Asset | 3.14 B | ||||
| Retained Earnings | 574.69 M | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 3.01 % | ||||
| Net Asset | 3.14 B | ||||
| Last Dividend Paid | 0.64 |
About United Fire Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze United Fire Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of United Fire using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of United Fire Group 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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether United Fire Group is a strong investment it is important to analyze United Fire's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact United Fire's future performance. For an informed investment choice regarding United Stock, refer to the following important reports:Check out United Fire Piotroski F Score and United Fire Altman Z Score analysis. Note that the United Fire Group information on this page should be used as a complementary analysis to other United Fire'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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for United Stock analysis
When running United Fire's price analysis, check to measure United Fire'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 United Fire is operating at the current time. Most of United Fire's value examination focuses on studying past and present price action to predict the probability of United Fire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Fire's price. Additionally, you may evaluate how the addition of United Fire to your portfolios can decrease your overall portfolio volatility.
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Is United Fire'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 United Fire. If investors know United 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 United Fire 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 (0.01) | Dividend Share 0.64 | Earnings Share (1.18) | Revenue Per Share 43.386 | Quarterly Revenue Growth 0.026 |
The market value of United Fire Group is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Fire's value that differs from its market value or its book value, called intrinsic value, which is United Fire'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 United Fire's market value can be influenced by many factors that don't directly affect United Fire'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 United Fire's value and its price as these two are different measures arrived at by different means. Investors typically determine if United Fire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Fire'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.