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This list of potential positions covers USA Equities from Steel Works Etc industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions in USA. Please note, we provide buy hold or sell recommendation only in the context of selected investment horizon assuming investor has average attitude towards taking risk. Please also consider using Portfolio Positions Ratings and Equity Ratings tools to further calibrate your research.
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Global Brass And (BRSS)
The entity beta is close to zero. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Global Brass will likely underperform. The beta indicator helps investors understand whether Global Brass moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Global deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. The firm currently falls under 'Small-Cap' category with a current market capitalization of 965.7 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Global Brass's market, we take the total number of its shares issued and multiply it by Global Brass's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
Mueller Industries (MLI)
The company has Return on Asset of 0.1613 % which means that on every $100 spent on assets, it made $0.1613 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2598 %, implying that it generated $0.2598 on every 100 dollars invested. Mueller Industries' management efficiency ratios could be used to measure how well Mueller Industries manages its routine affairs as well as how well it operates its assets and liabilities. The Mueller Industries' current Return On Tangible Assets is estimated to increase to 0.25. The Mueller Industries' current Return On Capital Employed is estimated to increase to 0.32. As of now, Mueller Industries' Other Assets are increasing as compared to previous years. The Mueller Industries' current Net Tangible Assets is estimated to increase to about 1.9 B, while Non Current Assets Total are projected to decrease to under 491.7 M. The firm currently falls under 'Mid-Cap' category with a total capitalization of 6.59 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Mueller Industries's market, we take the total number of its shares issued and multiply it by Mueller Industries's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
The company has Return on Asset of 0.0285 % which means that on every $100 spent on assets, it made $0.0285 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0574 %, implying that it generated $0.0574 on every 100 dollars invested. Corning Incorporated's management efficiency ratios could be used to measure how well Corning Incorporated manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to 0.03 in 2024. Return On Capital Employed is likely to climb to 0.05 in 2024. At this time, Corning Incorporated's Non Currrent Assets Other are fairly stable compared to the past year. Intangible Assets is likely to climb to about 1 B in 2024, whereas Non Current Assets Total are likely to drop slightly above 12 B in 2024. The entity currently falls under 'Large-Cap' category with a total capitalization of 28.89 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Corning Incorporated's market, we take the total number of its shares issued and multiply it by Corning Incorporated's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the firm appears to be overvalued. Corning Incorporated shows a prevailing Real Value of $32.1 per share. The current price of the firm is $33.42. Our model approximates the value of Corning Incorporated from analyzing the firm fundamentals such as Profit Margin of 0.05 %, current valuation of 35.9 B, and Return On Equity of 0.0574 as well as examining its technical indicators and probability of bankruptcy. In general, most investors favor buying undervalued instruments and disposing overvalued instruments since, at some point, asset prices and their ongoing real values will blend.
Macroaxis financial leverage refers to using borrowed capital as a funding source to finance Macroaxis ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Macroaxis financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Macroaxis' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Macroaxis' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Macroaxis's total debt and its cash.
Macroaxis Gross Profit
Macroaxis Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Macroaxis previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Macroaxis Gross Profit growth over the last 10 years. Please check Macroaxis' gross profit and other fundamental indicators for more details.
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Global Brass And (BRSS)
The entity beta is close to zero. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Global Brass will likely underperform. The beta indicator helps investors understand whether Global Brass moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Global deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. The firm currently falls under 'Small-Cap' category with a current market capitalization of 965.7 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Global Brass's market, we take the total number of its shares issued and multiply it by Global Brass's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
Mueller Industries (MLI)
The company has Return on Asset of 0.1613 % which means that on every $100 spent on assets, it made $0.1613 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2598 %, implying that it generated $0.2598 on every 100 dollars invested. Mueller Industries' management efficiency ratios could be used to measure how well Mueller Industries manages its routine affairs as well as how well it operates its assets and liabilities. The Mueller Industries' current Return On Tangible Assets is estimated to increase to 0.25. The Mueller Industries' current Return On Capital Employed is estimated to increase to 0.32. As of now, Mueller Industries' Other Assets are increasing as compared to previous years. The Mueller Industries' current Net Tangible Assets is estimated to increase to about 1.9 B, while Non Current Assets Total are projected to decrease to under 491.7 M. The firm currently falls under 'Mid-Cap' category with a total capitalization of 6.59 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Mueller Industries's market, we take the total number of its shares issued and multiply it by Mueller Industries's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
The company has Return on Asset of 0.0285 % which means that on every $100 spent on assets, it made $0.0285 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0574 %, implying that it generated $0.0574 on every 100 dollars invested. Corning Incorporated's management efficiency ratios could be used to measure how well Corning Incorporated manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to 0.03 in 2024. Return On Capital Employed is likely to climb to 0.05 in 2024. At this time, Corning Incorporated's Non Currrent Assets Other are fairly stable compared to the past year. Intangible Assets is likely to climb to about 1 B in 2024, whereas Non Current Assets Total are likely to drop slightly above 12 B in 2024. The entity currently falls under 'Large-Cap' category with a total capitalization of 28.89 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Corning Incorporated's market, we take the total number of its shares issued and multiply it by Corning Incorporated's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the firm appears to be overvalued. Corning Incorporated shows a prevailing Real Value of $32.1 per share. The current price of the firm is $33.42. Our model approximates the value of Corning Incorporated from analyzing the firm fundamentals such as Profit Margin of 0.05 %, current valuation of 35.9 B, and Return On Equity of 0.0574 as well as examining its technical indicators and probability of bankruptcy. In general, most investors favor buying undervalued instruments and disposing overvalued instruments since, at some point, asset prices and their ongoing real values will blend.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
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Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management. View Profile
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any private could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
