EBay Return on Invested Capital Trend from 2010 to 2021

EBAY -  USA Stock  

USD 75.97  1.25  1.67%

EBay Return on Invested Capital yearly trend continues to be fairly stable with very little volatility. Return on Invested Capital will likely drop to 0.29 in 2021. During the period from 2010 to 2021, EBay Return on Invested Capital regression line of anual values had r-squared of 0.15 and arithmetic mean of  0.23. EBay Direct Expenses is fairly stable at the moment as compared to the past year. EBay reported Direct Expenses of 2.47 Billion in 2020. Selling General and Administrative Expense is likely to rise to about 4 B in 2021, whereas Consolidated Income is likely to drop slightly above 4.5 B in 2021.

EBay Historical Trends 

 
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Check EBay financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among EBay main balance sheet or income statement drivers, such as Direct Expenses of 3.1 B, Consolidated Income of 4.5 B or Cost of Revenue of 2.3 B, as well as many exotic indicators such as Interest Coverage of 9.34, Long Term Debt to Equity of 2.34 or Calculated Tax Rate of 24.18. EBay financial statements analysis is a perfect complement when working with EBay Valuation or Volatility modules. It can also supplement various EBay Technical models. Continue to the analysis of EBay Correlation against competitors.

EBay Return on Invested Capital Breakdown

Showing smoothed Return on Invested Capital of EBay Inc with missing and latest data points interpolated. Return on Invested Capital is ratio estimated by dividing Earning Before Interest and Taxes EBIT by [InvCapAvg]. [InvCap] is calculated as: Total Debt plus Total Assets minus Goodwill and Intangible Assets minus Cash and Equivalents minus Current Liabilities. Please note this calculation method is subject to change.EBay's Return on Invested Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in EBay's overall financial position and show how it may be relating to other accounts over time.
Return on Invested Capital10 Years Trend
Decreasing
Slightly volatile
 Return on Invested Capital 
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      Timeline 

EBay Return on Invested Capital Regression Statistics

Arithmetic Mean 0.23
Geometric Mean 0.20
Coefficient Of Variation 54.54
Mean Deviation 0.10
Median 0.20
Standard Deviation 0.13
Sample Variance 0.016066
Range 0.39
R-Value(0.38)
Mean Square Error 0.015065
R-Squared 0.15
Significance 0.22
Slope(0.013504)
Total Sum of Squares 0.18

EBay Return on Invested Capital History

2010  0.39 
2011  0.48 
2012  0.27 
2013  0.20 
2014  0.18 
2015  0.12 
2017  0.09 
2019  0.11 
2020  0.37 
2021  0.29 

About EBay Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include EBay income statement, its balance sheet, and the statement of cash flows. EBay investors use historical funamental indicators, such as EBay's Return on Invested Capital, to determine how well the company is positioned to perform in the future. Although EBay investors may use each financial statement separately, they are all related. The changes in EBay's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on EBay'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. We offer a historical overview of the basic patterns found on EBay Financial Statements. Understanding these patterns can help to make the right decision on long term investment in EBay. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2021
Return on Invested Capital 0.37  0.29 
Invested Capital18 B19.6 B
Invested Capital Average17.8 B19 B
Market Capitalization34.6 B36.6 B
Working Capital3.2 B4.1 B
eBay Inc. operates marketplace platforms that connect buyers and sellers worldwide. The company was founded in 1995 and is headquartered in San Jose, California. EBay operates under Internet Retail classification in the United States and is traded on NASDAQ Exchange. It employs 12700 people.

EBay Investors Sentiment

The influence of EBay'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 EBay. 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.

Current Sentiment - EBAY

EBay Inc Investor Sentiment

Majority of Macroaxis users are currently bullish on EBay Inc. What is your opinion about investing in EBay Inc? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Pair Trading with EBay

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 EBay 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 EBay will appreciate offsetting losses from the drop in the long position's value.

EBay Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for EBay and Imedia Brands. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Continue to the analysis of EBay Correlation against competitors. Note that the EBay Inc information on this page should be used as a complementary analysis to other EBay'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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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The market value of EBay Inc is measured differently than its book value, which is the value of EBay that is recorded on the company's balance sheet. Investors also form their own opinion of EBay's value that differs from its market value or its book value, called intrinsic value, which is EBay'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 EBay's market value can be influenced by many factors that don't directly affect EBay Inc underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EBay's value and its price as these two are different measures arrived at by different means. Investors typically determine EBay value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EBay'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.