Crane Company Stock Return On Asset
| CR Stock | USD 144.61 1.66 1.16% |
Crane Company fundamentals help investors to digest information that contributes to Crane's financial success or failures. It also enables traders to predict the movement of Crane Stock. The fundamental analysis module provides a way to measure Crane'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 Crane stock.
As of 05/07/2024, Return On Assets is likely to drop to 0.07. Crane | Return On Asset |
Crane Company Company Return On Asset Analysis
Crane'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 Crane Return On Asset | 0.11 |
Most of Crane'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, Crane Company is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Crane Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Crane is extremely important. It helps to project a fair market value of Crane Stock properly, considering its historical fundamentals such as Return On Asset. Since Crane'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 Crane'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 Crane's interrelated accounts and indicators.
Click cells to compare fundamentals
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.
| Competition |
Crane Total Assets
Total Assets |
|
Based on the latest financial disclosure, Crane Company has a Return On Asset of 0.1138. This is 122.31% lower than that of the Machinery sector and significantly higher than that of the Industrials industry. The return on asset for all United States stocks is 181.29% lower than that of the firm.
Crane Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Crane'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 Crane could also be used in its relative valuation, which is a method of valuing Crane by comparing valuation metrics of similar companies.Crane is currently under evaluation in return on asset category among related companies.
Crane Fundamentals
| Return On Equity | 0.28 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.14 % | ||||
| Current Valuation | 6.41 B | ||||
| Shares Outstanding | 56.81 M | ||||
| Shares Owned By Insiders | 13.70 % | ||||
| Shares Owned By Institutions | 74.70 % | ||||
| Number Of Shares Shorted | 665.54 K | ||||
| Price To Earning | 11.01 X | ||||
| Price To Book | 5.00 X | ||||
| Price To Sales | 1.90 X | ||||
| Revenue | 2.09 B | ||||
| Gross Profit | 1.34 B | ||||
| EBITDA | 323.1 M | ||||
| Net Income | 203.8 M | ||||
| Cash And Equivalents | 427 M | ||||
| Cash Per Share | 11.60 X | ||||
| Total Debt | 315.6 M | ||||
| Debt To Equity | 0.53 % | ||||
| Current Ratio | 2.05 X | ||||
| Book Value Per Share | 22.61 X | ||||
| Cash Flow From Operations | 193.6 M | ||||
| Short Ratio | 2.77 X | ||||
| Earnings Per Share | 7.40 X | ||||
| Price To Earnings To Growth | 1.71 X | ||||
| Target Price | 126.0 | ||||
| Number Of Employees | 7 K | ||||
| Beta | 1.45 | ||||
| Market Capitalization | 6.42 B | ||||
| Total Asset | 2.33 B | ||||
| Retained Earnings | 960.7 M | ||||
| Working Capital | 623.7 M | ||||
| Current Asset | 1.2 B | ||||
| Current Liabilities | 572.8 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 1.95 % | ||||
| Net Asset | 2.33 B | ||||
| Last Dividend Paid | 1.3 |
About Crane Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Crane Company's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Crane using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Crane Company 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.
Pair Trading with Crane
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 Crane 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 Crane will appreciate offsetting losses from the drop in the long position's value.Moving against Crane Stock
| 0.67 | ATS | ATS Corporation | PairCorr |
| 0.54 | RR | Richtech Robotics Class | PairCorr |
| 0.51 | ENOV | Enovis Corp | PairCorr |
| 0.48 | CYD | China Yuchai Interna | PairCorr |
| 0.42 | BW | Babcock Wilcox Enter Buyout Trend | PairCorr |
The ability to find closely correlated positions to Crane could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crane 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 Crane - 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 Crane Company to buy it.
The correlation of Crane 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 Crane moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crane Company 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 Crane 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 Crane Piotroski F Score and Crane Altman Z Score analysis. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Crane Stock analysis
When running Crane's price analysis, check to measure Crane'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 Crane is operating at the current time. Most of Crane's value examination focuses on studying past and present price action to predict the probability of Crane's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crane's price. Additionally, you may evaluate how the addition of Crane to your portfolios can decrease your overall portfolio volatility.
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |
Is Crane'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 Crane. If investors know Crane 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 Crane listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 1.3 | Earnings Share 7.4 | Revenue Per Share 59.758 | Quarterly Revenue Growth 0.104 | Return On Assets 0.1138 |
The market value of Crane Company is measured differently than its book value, which is the value of Crane that is recorded on the company's balance sheet. Investors also form their own opinion of Crane's value that differs from its market value or its book value, called intrinsic value, which is Crane'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 Crane's market value can be influenced by many factors that don't directly affect Crane'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 Crane's value and its price as these two are different measures arrived at by different means. Investors typically determine if Crane is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crane'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.