Air Industries Return On Equity

AIRI
 Stock
  

USD 0.72  0.03  4.35%   

Air Industries Group fundamentals help investors to digest information that contributes to Air Industries' financial success or failures. It also enables traders to predict the movement of Air Industries Stock. The fundamental analysis module provides a way to measure Air Industries' 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 Air Industries stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
The current Average Equity is estimated to increase to about 16.7 M.

Air Industries Return On Equity Analysis

Air Industries' 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.
 2019 2020 2021 2022 (projected)
Interest Expense3.56 M1.49 M1.26 M1.96 M
Gross Profit9.14 M6.51 M10.25 M9.72 M
Return on Equity 
 = 
Net Income 
Total Equity 
X
100 
More About Return On Equity | All Equity Analysis

Current Air Industries Return On Equity

    
  10.73 %  
Most of Air Industries' 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, Air Industries Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Air Industries Return On Equity Driver Correlations

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

Air Industries Return On Equity Historical Pattern

Today, most investors in Air Industries Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Air Industries' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's return on equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Air Industries return on equity as a starting point in their analysis.
   Air Industries Return On Equity   
Share
       Timeline  
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.
Compare to competition

Air Industries Shareholders Equity

Shareholders Equity

16.78 Million

Air Industries Shareholders Equity is most likely to increase significantly in the upcoming years. The last year's value of Shareholders Equity was reported at 17.39 Million
Based on the latest financial disclosure, Air Industries Group has a Return On Equity of 10.73%. This is much higher than that of the Industrials sector and 70.09% lower than that of the Aerospace & Defense industry. The return on equity for all United States stocks is notably lower than that of the firm.

Air Industries Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Air Industries' 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 Air Industries could also be used in its relative valuation, which is a method of valuing Air Industries by comparing valuation metrics of similar companies.
Air Industries is currently under evaluation in return on equity category among related companies.

Air Industries Current Valuation Drivers

We derive many important indicators used in calculating different scores of Air Industries from analyzing Air Industries' financial statements. These drivers represent accounts that assess Air Industries' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Air Industries' important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Average Assets71.63 M59.19 M51.61 M56.33 M55.14 M55.2 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA(15.55 M)(3.53 M)4.34 M4.23 M6.19 M6.68 M
Earnings Before Interest Taxes and Depreciation Amortization USD(15.55 M)(3.53 M)4.34 M4.23 M6.19 M6.68 M
Earnings before Tax(22.75 M)(10.99 M)(2.69 M)(316 K)1.63 M1.76 M
Average Equity24.32 M16.17 M10.47 M12.84 M15.93 M16.74 M
Enterprise Value69.66 M48.93 M95.43 M71.73 M56.86 M68.12 M
Free Cash Flow(6.49 M)(4.12 M)(1.65 M)(5.32 M)2.7 M2.91 M
Invested Capital46.46 M41.64 M47.89 M59.68 M56.52 M58.11 M
Invested Capital Average49.44 M47.51 M47.74 M57.14 M58.3 M59.95 M
Market Capitalization39.35 M19.84 M66.71 M39.03 M29.14 M36.84 M
Tangible Asset Value58.3 M47.59 M50.93 M57.61 M53.26 M59.33 M
Working Capital9.53 M9.04 M5.62 M16.28 M17.48 M15.35 M

Air Industries Fundamentals

About Air Industries Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Air Industries Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Air Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Air Industries Group 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.
Last ReportedProjected for 2022
Average Equity15.9 M16.7 M
Air Industries Group, an aerospace and defense company, designs, manufactures, and sells structural parts and assemblies for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Air Industries Group was founded in 1979 and is headquartered in Bay Shore, New York. Air Industries operates under Aerospace Defense classification in the United States and is traded on NYSEMKT Exchange. It employs 197 people.

Air Industries Investors Sentiment

The influence of Air Industries' 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 Air Industries. 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 markets does not have a solid backing from leading economists and market statisticians.
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 Air Industries 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, Air Industries' short interest history, or implied volatility extrapolated from Air Industries options trading.

Pair Trading with Air Industries

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 Air Industries 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 Air Industries will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Air Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Air Industries 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 Air Industries - 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 Air Industries Group to buy it.
The correlation of Air Industries is a statistical measure of how it moves in relation to other equities. 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 Air Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Air Industries Group 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 Air Industries 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 CorrelationCorrelation Matching
Please continue to Air Industries Piotroski F Score and Air Industries Altman Z Score analysis. Note that the Air Industries Group information on this page should be used as a complementary analysis to other Air Industries' 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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Is Air Industries' 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 Air Industries. If investors know Air Industries 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 Air Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Air Industries Group is measured differently than its book value, which is the value of Air Industries that is recorded on the company's balance sheet. Investors also form their own opinion of Air Industries' value that differs from its market value or its book value, called intrinsic value, which is Air Industries' 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 Air Industries' market value can be influenced by many factors that don't directly affect Air Industries' 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 Air Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine Air Industries value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Industries' 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.