AAON Total Debt vs. Beta

AAON
 Stock
  

USD 80.44  1.83  2.33%   

For AAON profitability analysis, we use financial ratios and fundamental drivers that measure the ability of AAON to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well AAON Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between AAON's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of AAON Inc over time as well as its relative position and ranking within its peers. Please continue to Trending Equities.
  
Return on Sales is expected to rise to 0.16 this year, although the value of Price to Sales Ratio will most likely fall to 6.61. AAON Income Tax Expense is quite stable at the moment as compared to the past year. The company's current value of Income Tax Expense is estimated at 13.15 Million. Net Income Per Employee is expected to rise to about 20.9 K this year, although the value of Consolidated Income will most likely fall to about 57.8 M.

AAON Total Debt

37.11 Million

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
0.76
Market Capitalization
4.3 B
Quarterly Revenue Growth YOY
0.75
Return On Assets
0.0829
Return On Equity
0.15
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.

AAON Inc Beta vs. Total Debt Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining AAON's current stock value. Our valuation model uses many indicators to compare AAON value to that of its competitors to determine the firm's financial worth.
AAON Inc is rated third in total debt category among related companies. It is rated third in beta category among related companies . The ratio of Total Debt to Beta for AAON Inc is about  52,945,069 . AAON Total Debt is quite stable at the moment as compared to the past year. The company's current value of Total Debt is estimated at 37.11 Million. Comparative valuation analysis is a catch-all model that can be used if you cannot value AAON by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for AAON's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the AAON's earnings, one of the primary drivers of an investment's value.

AAON Total Debt vs. Competition

AAON Inc is rated third in total debt category among related companies. Total debt of Industrials industry is presently estimated at about 1.86 Billion. AAON holds roughly 40 Million in total debt claiming about 2.15% of equities under Industrials industry.
Total debt  Workforce  Capitalization  Valuation  Revenue

AAON Beta vs. Total Debt

Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
AAON 
Total Debt 
 = 
Bonds 
+  
Notes 
40 M
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it will be expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
AAON 
Beta 
 = 
Covariance 
Variance 
0.76
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

AAON Beta Comparison

AAON is currently under evaluation in beta category among related companies.

Beta Analysis

Let's try to break down what AAON's beta means in this case. As returns on the market increase, AAON returns are expected to increase less than the market. However, during the bear market, the loss on holding AAON will be expected to be smaller as well.

AAON Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in AAON, profitability is also one of the essential criteria for including it into their portfolios because, without profit, AAON will eventually generate negative long term returns. The profitability progress is the general direction of AAON's change in net profit over the period of time. It can combine multiple indicators of AAON, 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 ReportedProjected for 2022
Consolidated Income58.8 M57.8 M
Net Income58.8 M49.6 M
Net Income Common Stock58.8 M57.8 M
Operating Income69.2 M62.3 M
Income Tax Expense10.4 M13.1 M
Net Income Per Employee20.4 K20.9 K

AAON Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on AAON. 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 AAON 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 AAON's important profitability drivers and their relationship over time.

Use AAON 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 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.

AAON Pair Trading

AAON Inc Pair Trading Analysis

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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your AAON position

In addition to having AAON 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.

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Insurance
Insurance Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Insurance theme has 41 constituents at this time.
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To fully project AAON's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of AAON Inc 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 AAON's income statement, its balance sheet, and the statement of cash flows.
Potential AAON investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although AAON investors may work on each financial statement separately, they are all related. The changes in AAON's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on AAON's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.