# Aaon Return On Equity

AAON | Stock | ## USD 62.92 0.37 0.58% |

Aaon Inc fundamentals help investors to digest information that contributes to Aaon's financial success or failures. It also enables traders to predict the movement of Aaon Stock. The fundamental analysis module provides a way to measure Aaon'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 Aaon 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. Aaon | Return On Equity |

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## Aaon Return On Equity Analysis

Aaon'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. 2019 | 2020 | 2021 | 2022 (projected) | |

Revenue Per Employee | 204.95 K | 226.25 K | 185.53 K | 186.39 K |

Net Income Per Employee | 23.45 K | 34.74 K | 20.39 K | 20.89 K |

Return on Equity | = | Net Income Total Equity | X | 100 |

## Current Aaon Return On Equity | 14.17 % |

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

## Aaon Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Aaon 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 Aaon'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 Aaon'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 Aaon's interrelated accounts and indicators.

**Click cells**to compare fundamentals

## Aaon Return On Equity Historical Pattern

Today, most investors in Aaon Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Aaon's 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 Aaon return on equity as a starting point in their analysis.

Aaon Return On Equity |

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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.

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## Aaon Shareholders Equity

## Shareholders Equity | ## 381.01 Million |

Based on the latest financial disclosure, Aaon Inc has a Return On Equity of 14.17%. This is much higher than that of the Industrials sector and significantly higher than that of the Building Products & Equipment industry. The return on equity for all United States stocks is notably lower than that of the firm.

## Aaon Return On Equity Peer Comparison

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

## Aaon Current Valuation Drivers

We derive many important indicators used in calculating different scores of Aaon from analyzing Aaon's financial statements. These drivers represent accounts that assess Aaon's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Aaon's important valuation drivers and their relationship over time.

2017 | 2018 | 2019 | 2020 | 2021 | 2022 (projected) | ||

Net Income Per Employee | 27.37 K | 19.17 K | 23.45 K | 34.74 K | 20.39 K | 20.89 K | |

Revenue Per Employee | 203.53 K | 195.38 K | 204.95 K | 226.25 K | 185.53 K | 186.39 K | |

Average Assets | 287.55 M | 312.31 M | 346.34 M | 428.59 M | 538.54 M | 453.55 M | |

Earnings Before Interest Taxes and Depreciation Amortization EBITDA | 89.63 M | 73.16 M | 89.73 M | 127.52 M | 99.73 M | 99.59 M | |

Earnings Before Interest Taxes and Depreciation Amortization USD | 89.63 M | 73.16 M | 89.73 M | 127.52 M | 99.73 M | 99.59 M | |

Earnings before Tax | 74.62 M | 55.5 M | 67.03 M | 101.97 M | 69.18 M | 73.78 M | |

Average Equity | 224.27 M | 244.28 M | 273.41 M | 331.19 M | 405.8 M | 342.59 M | |

Enterprise Value | 1.9 B | 1.82 B | 2.55 B | 3.4 B | 4.06 B | 4.38 B | |

Free Cash Flow | 16.29 M | 17.6 M | 60.83 M | 61.07 M | 5.84 M | 5.99 M | |

Invested Capital | 222.38 M | 254.77 M | 267.52 M | 304.42 M | 444.08 M | 362.57 M | |

Invested Capital Average | 204.11 M | 239.26 M | 265.14 M | 288.93 M | 351.65 M | 305.47 M | |

Market Capitalization | 1.93 B | 1.83 B | 2.57 B | 3.48 B | 4.16 B | 4.49 B | |

Tangible Asset Value | 296.78 M | 304.26 M | 367.92 M | 445.74 M | 494.33 M | 429.3 M | |

Working Capital | 103.66 M | 93.17 M | 131.52 M | 161.22 M | 131.31 M | 124.94 M |

## Aaon Fundamentals

Return On Equity | 14.17 % | |||

Return On Asset | 7.78 % | |||

Profit Margin | 10.05 % | |||

Operating Margin | 17.42 % | |||

Current Valuation | 3.27 B | |||

Shares Outstanding | 52.43 M | |||

Shares Owned by Insiders | 20.58 % | |||

Shares Owned by Institutions | 73.38 % | |||

Number of Shares Shorted | 1.01 M | |||

Price to Earning | 46.41 X | |||

Price to Book | 8.08 X | |||

Price to Sales | 5.38 X | |||

Revenue | 601.5 M | |||

Gross Profit | 137.83 M | |||

EBITDA | 104.77 M | |||

Net Income | 60.44 M | |||

Cash and Equivalents | 5.63 M | |||

Cash per Share | 0.11 X | |||

Total Debt | 82 M | |||

Debt to Equity | 0.17 % | |||

Current Ratio | 2.48 X | |||

Book Value Per Share | 7.64 X | |||

Cash Flow from Operations | 25.54 M | |||

Short Ratio | 5.60 X | |||

Earnings Per Share | 1.33 X | |||

Price to Earnings To Growth | 2.68 X | |||

Number of Employees | 2.88 K | |||

Beta | 0.67 | |||

Market Capitalization | 3.24 B | |||

Total Asset | 232.85 M | |||

Retained Earnings | 255.31 M | |||

Working Capital | 80.8 M | |||

Current Asset | 124.21 M | |||

Current Liabilities | 43.41 M | |||

Z Score | 26.8 | |||

Five Year Return | 0.67 % | |||

Last Dividend Paid | 0.38 |

## About Aaon Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Aaon Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Aaon using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Aaon Inc 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 Reported | Projected for 2022 | |

Average Equity | 405.8 M | 342.6 M |

## Aaon Investors Sentiment

The influence of Aaon'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 Aaon. 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.

Investor biases related to Aaon's public news can be used to forecast risks associated with investment in Aaon. The trend in average sentiment can be used to explain how an investor holding Aaon can time the market purely based on public headlines and social activities around Aaon Inc. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.

Aaon'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 Aaon'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 Aaon's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Aaon.

## Aaon Implied Volatility | 71.34 |

Aaon's implied volatility exposes the market's sentiment of Aaon Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Aaon's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Aaon stock will not fluctuate a lot when Aaon's options are near their expiration.

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 Aaon 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, Aaon's short interest history, or implied volatility extrapolated from Aaon options trading.

## Pair Trading with Aaon

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 Aaon 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 Aaon will appreciate offsetting losses from the drop in the long position's value.### Moving together with Aaon

0.72 | APD | Air Products And | Fiscal Year End 3rd of November 2022 | PairCorr |

### Moving against Aaon

0.55 | ARCH | Arch Resources | Normal Trading | PairCorr |

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

The correlation of Aaon 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 Aaon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aaon Inc 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 Aaon 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.Please continue to Aaon Piotroski F Score and Aaon Altman Z Score analysis. Note that the Aaon Inc information on this page should be used as a complementary analysis to other Aaon'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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

## Complementary Tools for Aaon Stock analysis

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

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Is Aaon'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 Aaon. If investors know Aaon 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 Aaon 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 YOY -0.21 | Market Capitalization 3.4 B | Quarterly Revenue Growth YOY 0.45 | Return On Assets 0.0681 | Return On Equity 0.13 |

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