Crane Company Stock Return On Asset
CRDelisted Stock | USD 134.24 0.94 0.71% |
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.
Crane |
Crane 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.
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 |
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 | 6.48 B | ||||
Shares Outstanding | 56.81 M | ||||
Shares Owned By Insiders | 13.70 % | ||||
Shares Owned By Institutions | 74.83 % | ||||
Number Of Shares Shorted | 594.74 K | ||||
Price To Earning | 11.01 X | ||||
Price To Book | 5.06 X | ||||
Price To Sales | 1.92 X | ||||
Revenue | 3.38 B | ||||
Gross Profit | 1.34 B | ||||
EBITDA | 693.2 M | ||||
Net Income | 303.7 M | ||||
Cash And Equivalents | 427 M | ||||
Cash Per Share | 11.60 X | ||||
Total Debt | 1.24 B | ||||
Debt To Equity | 0.53 % | ||||
Current Ratio | 2.05 X | ||||
Book Value Per Share | 22.61 X | ||||
Cash Flow From Operations | 294.9 M | ||||
Short Ratio | 2.45 X | ||||
Earnings Per Share | 7.41 X | ||||
Price To Earnings To Growth | 1.73 X | ||||
Target Price | 125.86 | ||||
Number Of Employees | 7 K | ||||
Beta | 1.45 | ||||
Market Capitalization | 6.49 B | ||||
Total Asset | 4.4 B | ||||
Retained Earnings | 2.82 B | ||||
Working Capital | 220.7 M | ||||
Current Asset | 1.2 B | ||||
Current Liabilities | 572.8 M | ||||
Z Score | 5.38 | ||||
Annual Yield | 0.01 % | ||||
Five Year Return | 1.95 % | ||||
Net Asset | 4.4 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.Crane Holdings Co., together with its subsidiaries, manufactures and sells engineered industrial products in the Americas, Europe, the Middle East, Asia, and Australia. Crane Holdings Co. was founded in 1855 and is based in Stamford, Connecticut. Crane Holdings operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 11000 people.
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 Crane 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, Crane's short interest history, or implied volatility extrapolated from Crane options trading.
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 together with Crane Stock
0.84 | B | Barnes Group Financial Report 25th of April 2024 | PairCorr |
0.87 | GE | General Electric Fiscal Quarter End 31st of March 2024 | PairCorr |
Moving against Crane Stock
0.74 | ATS | ATS Corporation | PairCorr |
0.71 | RR | Richtech Robotics Class | 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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Other Consideration for investing in Crane Stock
If you are still planning to invest in Crane Company check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Crane's history and understand the potential risks before investing.
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