Corebridge Financial Return On Equity vs. Current Valuation
| CRBG Stock | USD 30.69 0.34 1.12% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.09382968 | Current Value 0.0891 | Quarterly Volatility 0.25740482 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 1.03 | 0.9836 |
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| Return On Assets | 0.0028 | 0.0029 |
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| Return On Equity | 0.0891 | 0.0938 |
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For Corebridge Financial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Corebridge Financial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Corebridge Financial utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Corebridge Financial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Corebridge Financial over time as well as its relative position and ranking within its peers.
Corebridge |
Is Diversified Financial Services space 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 Corebridge Financial. If investors know Corebridge 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 Corebridge Financial 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 (0.50) | Dividend Share 0.92 | Earnings Share (1.91) | Revenue Per Share 26.027 | Quarterly Revenue Growth (0.45) |
The market value of Corebridge Financial is measured differently than its book value, which is the value of Corebridge that is recorded on the company's balance sheet. Investors also form their own opinion of Corebridge Financial's value that differs from its market value or its book value, called intrinsic value, which is Corebridge Financial'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 Corebridge Financial's market value can be influenced by many factors that don't directly affect Corebridge Financial'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 Corebridge Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Corebridge Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Corebridge Financial'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.
Corebridge Financial Current Valuation vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Corebridge Financial's current stock value. Our valuation model uses many indicators to compare Corebridge Financial value to that of its competitors to determine the firm's financial worth. Corebridge Financial is rated below average in return on equity category among its peers. It is rated third in current valuation category among its peers . At this time, Corebridge Financial's Return On Equity is most likely to increase slightly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Corebridge Financial by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Corebridge Current Valuation vs. Return On Equity
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.
Corebridge Financial |
| = | -0.11 |
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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Corebridge Financial |
| = | 28.94 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Corebridge Current Valuation vs Competition
Corebridge Financial is rated third in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Financials industry is currently estimated at about 161.67 Billion. Corebridge Financial retains roughly 28.94 Billion in current valuation claiming about 18% of equities under Financials industry.
Corebridge Financial Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Corebridge Financial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Corebridge Financial will eventually generate negative long term returns. The profitability progress is the general direction of Corebridge Financial's change in net profit over the period of time. It can combine multiple indicators of Corebridge Financial, 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 | -13.5 B | -12.8 B | |
| Net Income Applicable To Common Shares | 9.4 B | 9.8 B | |
| Income Tax Expense | -96 M | -91.2 M | |
| Net Interest Income | -618 M | -648.9 M | |
| Operating Income | -417 M | -437.9 M | |
| Net Income From Continuing Ops | 2.2 B | 2.1 B | |
| Income Before Tax | 940 M | 893 M | |
| Total Other Income Expense Net | 1.4 B | 1.4 B | |
| Net Income | 1.1 B | 1 B | |
| Interest Income | 2.4 B | 2.1 B | |
| Change To Netincome | -5.2 B | -4.9 B | |
| Net Income Per Share | 1.72 | 1.63 | |
| Income Quality | 3.04 | 3.19 | |
| Net Income Per E B T | 1.17 | 1.19 |
Corebridge Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Corebridge Financial. 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 Corebridge Financial 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 Corebridge Financial's important profitability drivers and their relationship over time.
Use Corebridge Financial 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 Corebridge Financial 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 Corebridge Financial will appreciate offsetting losses from the drop in the long position's value.Corebridge Financial Pair Trading
Corebridge Financial Pair Trading Analysis
The ability to find closely correlated positions to Corebridge Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Corebridge Financial 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 Corebridge Financial - 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 Corebridge Financial to buy it.
The correlation of Corebridge Financial 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 Corebridge Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Corebridge Financial 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 Corebridge Financial 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 Corebridge Financial position
In addition to having Corebridge Financial 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 Financials Thematic Idea Now
Financials
Companies that provide financial services to business or retail customers. The Financials theme has 20 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 Financials Theme or any other thematic opportunities.
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Check out Trending Equities. For more detail on how to invest in Corebridge Stock please use our How to Invest in Corebridge Financial guide.You can also try the Positions Ratings module to 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.
To fully project Corebridge Financial's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Corebridge Financial 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 Corebridge Financial's income statement, its balance sheet, and the statement of cash flows.