Cardinal Health Stock Return On Equity

CAH Stock

USD 103.21 0.60 0.58%

Cardinal Health fundamentals help investors to digest information that contributes to Cardinal Health's financial success or failures. It also enables traders to predict the movement of Cardinal Stock. The fundamental analysis module provides a way to measure Cardinal Health'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 Cardinal Health stock.

		Last Reported	Projected for Next Year
	Return On Equity	0.13	0.13

The current Return On Equity is estimated to decrease to 0.13.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Cardinal Health Company Return On Equity Analysis

Cardinal Health'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 Cardinal Health Return On Equity

0.13

Most of Cardinal Health'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, Cardinal Health is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Cardinal Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Cardinal Health is extremely important. It helps to project a fair market value of Cardinal Stock properly, considering its historical fundamentals such as Return On Equity. Since Cardinal Health'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 Cardinal Health'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 Cardinal Health's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Long Term Debt	Treasury Stock	Property Plant Equipment	Good Will	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Long Term Investments	Accumulated Depreciation	Total Permanent Equity	Deferred Long Term Liab	Short Long Term Debt	Net Invested Capital	Cash And Equivalents	Net Working Capital	Capital Stock
Total Assets		-0.35	0.3	-0.23	0.95	0.97	0.97	0.59	0.65	0.94	0.47	0.55	-0.69	0.72	0.68	0.7	-0.88	0.55	-0.7	-0.07	0.82	0.79	-0.76	-0.69	-0.67	-0.74	-0.43
Total Stockholder Equity	-0.35		0.46	0.96	-0.53	-0.57	-0.49	-0.08	0.09	-0.61	0.35	0.32	0.73	-0.57	0.27	-0.63	0.55	0.33	-0.26	-0.63	-0.4	-0.78	0.27	0.84	0.41	0.69	0.56
Net Debt	0.3	0.46		0.47	0.06	0.14	0.1	0.21	0.88	0.07	0.19	0.81	0.27	0.36	0.82	-0.02	-0.31	0.79	-0.27	-0.39	0.44	-0.07	-0.38	0.18	-0.55	-0.21	0.2
Retained Earnings	-0.23	0.96	0.47		-0.4	-0.46	-0.37	0.0	0.16	-0.49	0.41	0.36	0.56	-0.53	0.31	-0.58	0.48	0.37	-0.33	-0.58	-0.29	-0.74	0.13	0.81	0.38	0.61	0.43
Net Receivables	0.95	-0.53	0.06	-0.4		0.97	0.99	0.54	0.45	0.99	0.39	0.31	-0.83	0.66	0.43	0.72	-0.83	0.3	-0.62	0.1	0.74	0.84	-0.65	-0.76	-0.59	-0.78	-0.59
Total Liab	0.97	-0.57	0.14	-0.46	0.97		0.98	0.54	0.55	0.99	0.32	0.4	-0.8	0.78	0.52	0.78	-0.92	0.39	-0.54	0.11	0.83	0.9	-0.73	-0.82	-0.7	-0.84	-0.53
Total Current Assets	0.97	-0.49	0.1	-0.37	0.99	0.98		0.6	0.48	0.98	0.4	0.4	-0.79	0.67	0.5	0.71	-0.85	0.4	-0.64	0.06	0.77	0.84	-0.69	-0.75	-0.59	-0.75	-0.53
Short Term Debt	0.59	-0.08	0.21	0.0	0.54	0.54	0.6		0.33	0.52	0.23	0.42	-0.28	0.24	0.35	0.13	-0.35	0.5	-0.43	0.01	0.55	0.29	-0.24	-0.22	-0.22	-0.29	-0.33
Intangible Assets	0.65	0.09	0.88	0.16	0.45	0.55	0.48	0.33		0.49	0.25	0.82	-0.17	0.67	0.9	0.35	-0.68	0.8	-0.4	-0.26	0.74	0.34	-0.69	-0.23	-0.79	-0.58	-0.06
Accounts Payable	0.94	-0.61	0.07	-0.49	0.99	0.99	0.98	0.52	0.49		0.3	0.3	-0.86	0.74	0.43	0.77	-0.88	0.3	-0.52	0.17	0.79	0.88	-0.69	-0.82	-0.67	-0.85	-0.6
Common Stock	0.47	0.35	0.19	0.41	0.39	0.32	0.4	0.23	0.25	0.3		0.32	-0.21	0.13	0.49	0.31	-0.27	0.27	-0.87	-0.49	0.13	0.1	-0.27	-0.09	-0.02	-0.02	0.23
Long Term Debt	0.55	0.32	0.81	0.36	0.31	0.4	0.4	0.42	0.82	0.3	0.32		0.07	0.44	0.86	0.17	-0.45	0.96	-0.45	-0.37	0.62	0.14	-0.64	-0.02	-0.46	-0.26	0.12
Treasury Stock	-0.69	0.73	0.27	0.56	-0.83	-0.8	-0.79	-0.28	-0.17	-0.86	-0.21	0.07		-0.56	-0.08	-0.7	0.7	0.07	0.31	-0.28	-0.56	-0.78	0.59	0.79	0.42	0.72	0.55
Property Plant Equipment	0.72	-0.57	0.36	-0.53	0.66	0.78	0.67	0.24	0.67	0.74	0.13	0.44	-0.56		0.54	0.84	-0.91	0.37	-0.17	0.21	0.8	0.8	-0.7	-0.8	-0.87	-0.89	-0.22
Good Will	0.68	0.27	0.82	0.31	0.43	0.52	0.5	0.35	0.9	0.43	0.49	0.86	-0.08	0.54		0.34	-0.63	0.83	-0.6	-0.47	0.68	0.32	-0.68	-0.19	-0.6	-0.36	0.11
Current Deferred Revenue	0.7	-0.63	-0.02	-0.58	0.72	0.78	0.71	0.13	0.35	0.77	0.31	0.17	-0.7	0.84	0.34		-0.83	0.11	-0.27	0.19	0.61	0.83	-0.59	-0.89	-0.65	-0.79	-0.2
Net Tangible Assets	-0.88	0.55	-0.31	0.48	-0.83	-0.92	-0.85	-0.35	-0.68	-0.88	-0.27	-0.45	0.7	-0.91	-0.63	-0.83		-0.42	0.42	0.02	-0.85	-0.9	0.78	0.86	0.82	0.87	0.26
Long Term Debt Total	0.55	0.33	0.79	0.37	0.3	0.39	0.4	0.5	0.8	0.3	0.27	0.96	0.07	0.37	0.83	0.11	-0.42		-0.46	-0.35	0.58	0.11	-0.56	0.03	-0.45	-0.24	0.02
Long Term Investments	-0.7	-0.26	-0.27	-0.33	-0.62	-0.54	-0.64	-0.43	-0.4	-0.52	-0.87	-0.45	0.31	-0.17	-0.6	-0.27	0.42	-0.46		0.54	-0.3	-0.26	0.37	0.16	0.18	0.18	0.07
Accumulated Depreciation	-0.07	-0.63	-0.39	-0.58	0.1	0.11	0.06	0.01	-0.26	0.17	-0.49	-0.37	-0.28	0.21	-0.47	0.19	0.02	-0.35	0.54		0.07	0.24	0.09	-0.27	-0.09	-0.27	-0.65
Total Permanent Equity	0.82	-0.4	0.44	-0.29	0.74	0.83	0.77	0.55	0.74	0.79	0.13	0.62	-0.56	0.8	0.68	0.61	-0.85	0.58	-0.3	0.07		0.73	-0.79	-0.62	-0.68	-0.72	-0.32
Deferred Long Term Liab	0.79	-0.78	-0.07	-0.74	0.84	0.9	0.84	0.29	0.34	0.88	0.1	0.14	-0.78	0.8	0.32	0.83	-0.9	0.11	-0.26	0.24	0.73		-0.63	-0.95	-0.65	-0.81	-0.46
Short Long Term Debt	-0.76	0.27	-0.38	0.13	-0.65	-0.73	-0.69	-0.24	-0.69	-0.69	-0.27	-0.64	0.59	-0.7	-0.68	-0.59	0.78	-0.56	0.37	0.09	-0.79	-0.63		0.54	0.61	0.61	0.16
Net Invested Capital	-0.69	0.84	0.18	0.81	-0.76	-0.82	-0.75	-0.22	-0.23	-0.82	-0.09	-0.02	0.79	-0.8	-0.19	-0.89	0.86	0.03	0.16	-0.27	-0.62	-0.95	0.54		0.63	0.82	0.34
Cash And Equivalents	-0.67	0.41	-0.55	0.38	-0.59	-0.7	-0.59	-0.22	-0.79	-0.67	-0.02	-0.46	0.42	-0.87	-0.6	-0.65	0.82	-0.45	0.18	-0.09	-0.68	-0.65	0.61	0.63		0.9	0.3
Net Working Capital	-0.74	0.69	-0.21	0.61	-0.78	-0.84	-0.75	-0.29	-0.58	-0.85	-0.02	-0.26	0.72	-0.89	-0.36	-0.79	0.87	-0.24	0.18	-0.27	-0.72	-0.81	0.61	0.82	0.9		0.48
Capital Stock	-0.43	0.56	0.2	0.43	-0.59	-0.53	-0.53	-0.33	-0.06	-0.6	0.23	0.12	0.55	-0.22	0.11	-0.2	0.26	0.02	0.07	-0.65	-0.32	-0.46	0.16	0.34	0.3	0.48

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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

Predict Cardinal Health

Return On Equity Over Time

Cardinal Total Stockholder Equity

Total Stockholder Equity

(3.11 Billion)

As of now, Cardinal Health's Total Stockholder Equity is decreasing as compared to previous years.

Cardinal Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cardinal Health'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 Cardinal Health could also be used in its relative valuation, which is a method of valuing Cardinal Health by comparing valuation metrics of similar companies.

Cardinal Health is currently under evaluation in return on equity category among related companies.

Cardinal Health ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Cardinal Health's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Cardinal Health's managers, analysts, and investors.

Environment Score

Governance Score

Social Score

Cardinal Fundamentals

	Return On Asset	0.0279
	Profit Margin	0 %
	Operating Margin	0.01 %
	Current Valuation	25.24 B
	Shares Outstanding	243.23 M
	Shares Owned By Insiders	0.58 %
	Shares Owned By Institutions	90.39 %
	Number Of Shares Shorted	8.71 M
	Price To Earning	16.00 X
	Price To Book	16.07 X
	Price To Sales	0.12 X
	Revenue	205.01 B
	Gross Profit	6.54 B
	EBITDA	2.47 B
	Net Income	262 M
	Cash And Equivalents	4.04 B
	Cash Per Share	13.32 X
	Total Debt	4.7 B
	Debt To Equity	5.63 %
	Current Ratio	1.04 X
	Book Value Per Share	(14.13) X
	Cash Flow From Operations	2.84 B
	Short Ratio	4.61 X
	Earnings Per Share	2.52 X
	Price To Earnings To Growth	0.31 X
	Target Price	115.21
	Number Of Employees	47.04 K
	Beta	0.7
	Market Capitalization	25.1 B
	Total Asset	43.42 B
	Retained Earnings	(534 M)
	Working Capital	127 M
	Current Asset	21.96 B
	Current Liabilities	19.7 B
	Annual Yield	0.02 %
	Five Year Return	3.61 %
	Net Asset	43.42 B
	Last Dividend Paid	2.0

About Cardinal Health Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Cardinal Health's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cardinal Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cardinal Health 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 Cardinal Health

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 Cardinal Health 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 Cardinal Health will appreciate offsetting losses from the drop in the long position's value.

Moving against Cardinal Stock

0.41

Guardant Health Financial Report 14th of May 2024

Pair Corr

The ability to find closely correlated positions to Cardinal Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cardinal Health 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 Cardinal Health - 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 Cardinal Health to buy it.

The correlation of Cardinal Health 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 Cardinal Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cardinal Health 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 Cardinal Health 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.

Pair Correlation Correlation Matching

When determining whether Cardinal Health offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cardinal Health's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cardinal Health Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cardinal Health Stock:

How To Invest In Cardinal

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Is Cardinal Stock a good investment?

Details

What is Cardinal Health's Net Worth?

Details

Largest Health Care Providers & Services Companies

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Largest Health Care Equipment & Services Companies

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Check out Cardinal Health Piotroski F Score and Cardinal Health Altman Z Score analysis.

For more detail on how to invest in Cardinal Stock please use our How to Invest in Cardinal Health guide.

Note that the Cardinal Health information on this page should be used as a complementary analysis to other Cardinal Health'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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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When running Cardinal Health's price analysis, check to measure Cardinal Health'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 Cardinal Health is operating at the current time. Most of Cardinal Health's value examination focuses on studying past and present price action to predict the probability of Cardinal Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cardinal Health's price. Additionally, you may evaluate how the addition of Cardinal Health to your portfolios can decrease your overall portfolio volatility.

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Is Cardinal Health'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 Cardinal Health. If investors know Cardinal 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 Cardinal Health 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

(0.95)

Dividend Share

1.998

Earnings Share

2.52

Revenue Per Share

859.435

Quarterly Revenue Growth

0.116

The market value of Cardinal Health is measured differently than its book value, which is the value of Cardinal that is recorded on the company's balance sheet. Investors also form their own opinion of Cardinal Health's value that differs from its market value or its book value, called intrinsic value, which is Cardinal Health'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 Cardinal Health's market value can be influenced by many factors that don't directly affect Cardinal Health'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 Cardinal Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cardinal Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cardinal Health'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Cardinal Health Stock Return On Equity

Cardinal Health Company Return On Equity Analysis

Current Cardinal Health Return On Equity

Cardinal Return On Equity Driver Correlations

Cardinal Total Stockholder Equity

Total Stockholder Equity

(3.11 Billion)

Cardinal Return On Equity Peer Comparison

Cardinal Health ESG Sustainability

Cardinal Fundamentals

About Cardinal Health Fundamental Analysis

Pair Trading with Cardinal Health

Moving against Cardinal Stock

Complementary Tools for Cardinal Stock analysis

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