Nathans Famous Return On Asset vs. Shares Outstanding
| NATH Stock | USD 66.69 0.14 0.21% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.28 | 0.4226 |
|
| |||||
| Net Profit Margin | 0.22 | 0.211 |
|
| |||||
| Operating Profit Margin | 0.29 | 0.2747 |
|
| |||||
| Pretax Profit Margin | 0.3 | 0.2888 |
|
| |||||
| Return On Assets | 0.24 | 0.2279 |
|
|
For Nathans Famous profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nathans Famous to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nathans Famous utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nathans Famous's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nathans Famous over time as well as its relative position and ranking within its peers.
Nathans |
Is Nathans Famous' 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 Nathans Famous. If investors know Nathans 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 Nathans Famous 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 2 | Earnings Share 4.65 | Revenue Per Share 33.587 | Quarterly Revenue Growth 0.105 |
The market value of Nathans Famous is measured differently than its book value, which is the value of Nathans that is recorded on the company's balance sheet. Investors also form their own opinion of Nathans Famous' value that differs from its market value or its book value, called intrinsic value, which is Nathans Famous' 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 Nathans Famous' market value can be influenced by many factors that don't directly affect Nathans Famous' 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 Nathans Famous' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nathans Famous is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nathans Famous' 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.
Nathans Famous Shares Outstanding vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nathans Famous's current stock value. Our valuation model uses many indicators to compare Nathans Famous value to that of its competitors to determine the firm's financial worth. Nathans Famous is considered to be number one stock in return on asset category among related companies. It is rated below average in shares outstanding category among related companies creating about 12,689,096 of Shares Outstanding per Return On Asset. The Nathans Famous' current Common Stock Shares Outstanding is estimated to increase to about 4.1 M. Comparative valuation analysis is a catch-all model that can be used if you cannot value Nathans Famous by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nathans Famous' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nathans Famous' earnings, one of the primary drivers of an investment's value.Nathans Shares Outstanding vs. Return On Asset
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.
Nathans Famous |
| = | 0.32 |
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.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Nathans Famous |
| = | 4.08 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Nathans Shares Outstanding Comparison
Nathans Famous is currently under evaluation in shares outstanding category among related companies.
Nathans Famous Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nathans Famous, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nathans Famous will eventually generate negative long term returns. The profitability progress is the general direction of Nathans Famous' change in net profit over the period of time. It can combine multiple indicators of Nathans Famous, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 0.00 | 0.00 | |
| Operating Income | 39.6 M | 41.6 M | |
| Income Before Tax | 30.8 M | 32.4 M | |
| Total Other Income Expense Net | -6.9 M | -6.5 M | |
| Net Income | 22.6 M | 23.7 M | |
| Income Tax Expense | 8.3 M | 8.7 M | |
| Net Income Applicable To Common Shares | 22.6 M | 23.7 M | |
| Net Income From Continuing Ops | 22.6 M | 11.8 M | |
| Non Operating Income Net Other | 116.2 K | 110.3 K | |
| Interest Income | 396 K | 376.2 K | |
| Net Interest Income | -8.4 M | -8.8 M | |
| Change To Netincome | 1.1 M | 806.1 K | |
| Net Income Per Share | 5.13 | 5.39 | |
| Income Quality | 0.52 | 0.49 | |
| Net Income Per E B T | 0.73 | 1.13 |
Nathans Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nathans Famous. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Nathans Famous position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Nathans Famous' important profitability drivers and their relationship over time.
Use Nathans Famous in pair-trading
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 Nathans Famous 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 Nathans Famous will appreciate offsetting losses from the drop in the long position's value.Nathans Famous Pair Trading
Nathans Famous Pair Trading Analysis
The ability to find closely correlated positions to Nathans Famous could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nathans Famous 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 Nathans Famous - 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 Nathans Famous to buy it.
The correlation of Nathans Famous 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 Nathans Famous moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nathans Famous 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 Nathans Famous 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.Use Investing Themes to Complement your Nathans Famous position
In addition to having Nathans Famous in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Cars Thematic Idea Now
Cars
Domestic and international companies involved in manufacturing and serving automobiles and trucks. The Cars theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Cars Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Correlation Analysis. For more detail on how to invest in Nathans Stock please use our How to Invest in Nathans Famous guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Nathans Stock analysis
When running Nathans Famous' price analysis, check to measure Nathans Famous' 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 Nathans Famous is operating at the current time. Most of Nathans Famous' value examination focuses on studying past and present price action to predict the probability of Nathans Famous' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nathans Famous' price. Additionally, you may evaluate how the addition of Nathans Famous to your portfolios can decrease your overall portfolio volatility.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency |
To fully project Nathans Famous' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nathans Famous at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Nathans Famous' income statement, its balance sheet, and the statement of cash flows.