Masonite International Corp Stock Return On Equity
| DOOR Stock | USD 132.57 0.96 0.73% |
Masonite International Corp fundamentals help investors to digest information that contributes to Masonite International's financial success or failures. It also enables traders to predict the movement of Masonite Stock. The fundamental analysis module provides a way to measure Masonite International'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 Masonite International stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.14 | 0.15 |
Masonite | Return On Equity |
Masonite International Corp Company Return On Equity Analysis
Masonite International's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Masonite International Return On Equity | 0.14 |
Most of Masonite International's fundamental indicators, such as Return On Equity, 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, Masonite International Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Masonite Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Masonite International is extremely important. It helps to project a fair market value of Masonite Stock properly, considering its historical fundamentals such as Return On Equity. Since Masonite International'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 Masonite International'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 Masonite International's interrelated accounts and indicators.
Click cells to compare fundamentals
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Masonite Total Stockholder Equity
Total Stockholder Equity |
|
Based on the latest financial disclosure, Masonite International Corp has a Return On Equity of 0.1422. This is 67.68% lower than that of the Building Products sector and significantly higher than that of the Industrials industry. The return on equity for all United States stocks is 145.87% lower than that of the firm.
Masonite Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Masonite International's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Masonite International could also be used in its relative valuation, which is a method of valuing Masonite International by comparing valuation metrics of similar companies.Masonite International is currently under evaluation in return on equity category among related companies.
Masonite Fundamentals
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0799 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.13 % | ||||
| Current Valuation | 4.29 B | ||||
| Shares Outstanding | 21.98 M | ||||
| Shares Owned By Insiders | 1.27 % | ||||
| Shares Owned By Institutions | 98.51 % | ||||
| Number Of Shares Shorted | 668.14 K | ||||
| Price To Earning | 26.67 X | ||||
| Price To Book | 3.39 X | ||||
| Price To Sales | 1.11 X | ||||
| Revenue | 2.83 B | ||||
| Gross Profit | 673.89 M | ||||
| EBITDA | 386.14 M | ||||
| Net Income | 118.23 M | ||||
| Cash And Equivalents | 231.54 M | ||||
| Cash Per Share | 10.40 X | ||||
| Total Debt | 1.34 B | ||||
| Debt To Equity | 1.58 % | ||||
| Current Ratio | 2.85 X | ||||
| Book Value Per Share | 28.47 X | ||||
| Cash Flow From Operations | 407.73 M | ||||
| Short Ratio | 1.20 X | ||||
| Earnings Per Share | 5.29 X | ||||
| Price To Earnings To Growth | 7.75 X | ||||
| Target Price | 116.0 | ||||
| Number Of Employees | 10 K | ||||
| Beta | 1.75 | ||||
| Market Capitalization | 2.91 B | ||||
| Total Asset | 2.69 B | ||||
| Retained Earnings | 211.88 M | ||||
| Working Capital | 558.82 M | ||||
| Current Asset | 558.95 M | ||||
| Current Liabilities | 232.52 M | ||||
| Net Asset | 2.69 B |
About Masonite International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Masonite International Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Masonite International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Masonite International Corp 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.
Masonite International Investors Sentiment
The influence of Masonite International's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Masonite. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Masonite International's public news can be used to forecast risks associated with an investment in Masonite. The trend in average sentiment can be used to explain how an investor holding Masonite can time the market purely based on public headlines and social activities around Masonite International Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Masonite International's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Masonite International's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Masonite International's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Masonite International.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Masonite International in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Masonite International's short interest history, or implied volatility extrapolated from Masonite International options trading.
Pair Trading with Masonite International
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 Masonite International 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 Masonite International will appreciate offsetting losses from the drop in the long position's value.Moving together with Masonite Stock
| 0.69 | NX | Quanex Building Products Financial Report 6th of June 2024 | PairCorr |
| 0.77 | TT | Trane Technologies plc Financial Report 1st of May 2024 | PairCorr |
The ability to find closely correlated positions to Masonite International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Masonite International 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 Masonite International - 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 Masonite International Corp to buy it.
The correlation of Masonite International 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 Masonite International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Masonite International 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 Masonite International 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 Masonite International Piotroski F Score and Masonite International Altman Z Score analysis. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Masonite Stock analysis
When running Masonite International's price analysis, check to measure Masonite International'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 Masonite International is operating at the current time. Most of Masonite International's value examination focuses on studying past and present price action to predict the probability of Masonite International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Masonite International's price. Additionally, you may evaluate how the addition of Masonite International to your portfolios can decrease your overall portfolio volatility.
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope |
Is Masonite International'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 Masonite International. If investors know Masonite 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 Masonite International 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 (0.27) | Earnings Share 5.29 | Revenue Per Share 107.414 | Quarterly Revenue Growth (0.02) | Return On Assets 0.0799 |
The market value of Masonite International is measured differently than its book value, which is the value of Masonite that is recorded on the company's balance sheet. Investors also form their own opinion of Masonite International's value that differs from its market value or its book value, called intrinsic value, which is Masonite International'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 Masonite International's market value can be influenced by many factors that don't directly affect Masonite International'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 Masonite International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Masonite International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Masonite International'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.