Advanced Fundamentals

ADES
 Stock
  

USD 2.83  0.08  2.75%   

Advanced Emissions Solutions fundamentals help investors to digest information that contributes to Advanced Emissions' financial success or failures. It also enables traders to predict the movement of Advanced Stock. The fundamental analysis module provides a way to measure Advanced Emissions' 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 Advanced Emissions 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.
  
Advanced Emissions Operating Income is relatively stable at the moment as compared to the past year. Advanced Emissions reported last year Operating Income of 2.15 Million. As of 12/05/2022, Revenues is likely to grow to about 108.2 M, while Cost of Revenue is likely to drop slightly above 53.3 M.

Advanced Shares Owned by Institutions Analysis

Advanced Emissions' Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
 2021 2022 (projected)
Long Term Debt to Equity0.02140.0219
Interest Coverage2.122.21
Shares Held by Institutions 
 = 
Funds and Banks 
Firms 
More About Shares Owned by Institutions | All Equity Analysis

Current Advanced Emissions Shares Owned by Institutions

    
  36.50 %  
Most of Advanced Emissions' fundamental indicators, such as Shares Owned by Institutions, 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, Advanced Emissions Solutions is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Compare to competition

Based on the latest financial disclosure, 36.5% of Advanced Emissions Solutions are shares owned by institutions. This is 30.28% lower than that of the Chemicals sector and 21.75% higher than that of the Materials industry. The shares owned by institutions for all United States stocks is 6.91% higher than that of the company.

Advanced Emissions Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Advanced Emissions's current stock value. Our valuation model uses many indicators to compare Advanced Emissions value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Advanced Emissions competition to find correlations between indicators driving Advanced Emissions's intrinsic value. More Info.
Advanced Emissions Solutions is number one stock in earnings per share category among related companies. It is rated fourth in book value per share category among related companies creating about  6.17  of Book Value Per Share per Earnings Per Share. Advanced Emissions Book Value per Share is relatively stable at the moment as compared to the past year. Advanced Emissions reported last year Book Value per Share of 8.07. Comparative valuation analysis is a catch-all model that can be used if you cannot value Advanced Emissions by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Advanced Emissions' 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 Advanced Emissions' earnings, one of the primary drivers of an investment's value.

Advanced Revenue Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Advanced Emissions' direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Advanced Emissions could also be used in its relative valuation, which is a method of valuing Advanced Emissions by comparing valuation metrics of similar companies.
Advanced Emissions is currently under evaluation in revenue category among related companies.

Advanced Emissions Current Valuation Drivers

We derive many important indicators used in calculating different scores of Advanced Emissions from analyzing Advanced Emissions' financial statements. These drivers represent accounts that assess Advanced Emissions' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Advanced Emissions' important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee961.14 K276.98 K267.19 K(148.87 K)434.54 K407.38 K
Revenue Per Employee1.23 M187.07 K526.96 K451.54 K721.54 K823.03 K
Average Assets92.67 M102.63 M183.35 M148.96 M169.32 M149.23 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA1.85 M(5.92 M)(8.73 M)(34.18 M)14.01 M15.12 M
Earnings Before Interest Taxes and Depreciation Amortization USD55.84 M48.75 M62.08 M(1.33 M)85.5 M92.25 M
Earnings before Tax52.02 M45.88 M47.54 M(13.79 M)76.07 M82.08 M
Average Equity76.75 M76.37 M107.32 M87.61 M125.94 M135.88 M
Enterprise Value176.9 M178.2 M230.38 M116.83 M57.19 M58.69 M
Free Cash Flow(12.18 M)(10.36 M)49.69 M46.58 M19.3 M20.82 M
Invested Capital44.24 M169.66 M162.6 M95.12 M88.22 M83.76 M
Invested Capital Average48.69 M77.3 M178.93 M119.37 M88.39 M79.11 M
Market Capitalization203.72 M210.11 M195.18 M102.01 M124.89 M164.55 M
Tangible Asset Value81.81 M154.83 M169.63 M144.71 M185.44 M162.59 M
Working Capital30.01 M19.06 M7.74 M19.45 M85.75 M92.52 M

Advanced Emissions Institutional Holders

Institutional Holdings refers to the ownership stake in Advanced Emissions that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Advanced Emissions' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Advanced Emissions' value.
Security TypeSharesValue
Zebra Capital Management LlcCommon Shares20.1 K212 K
Zebra Capital Management LlcCommon Shares12.8 K190 K
Yakira Capital Management IncCommon Shares14.2 K130 K
Xtx Topco LtdCommon Shares11.4 K75 K
Xtx Topco LtdCommon Shares10.5 K78 K
Wilbanks Smith Thomas Asset Management LlcCommon Shares100.01000
Wexford Capital LpCommon Shares7.2 K39 K

Advanced Fundamentals

About Advanced Emissions Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Advanced Emissions Solutions's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Advanced Emissions using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Advanced Emissions Solutions 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
Deferred Revenue5.7 M5.8 M
Cost of Revenue65.6 M53.3 M
Revenues100.3 M108.2 M
Revenue to Assets 0.54  0.65 
Revenue Per Employee721.5 K823 K
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 Advanced Emissions 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, Advanced Emissions' short interest history, or implied volatility extrapolated from Advanced Emissions options trading.

Pair Trading with Advanced Emissions

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

Moving together with Advanced Emissions

+0.7ACTGAcacia Research Aggressive PushPairCorr
The ability to find closely correlated positions to Advanced Emissions could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Advanced Emissions 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 Advanced Emissions - 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 Advanced Emissions Solutions to buy it.
The correlation of Advanced Emissions 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 Advanced Emissions moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Advanced Emissions 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 Advanced Emissions 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 Advanced Emissions Piotroski F Score and Advanced Emissions Altman Z Score analysis. Note that the Advanced Emissions information on this page should be used as a complementary analysis to other Advanced Emissions' 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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When running Advanced Emissions price analysis, check to measure Advanced Emissions' 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 Advanced Emissions is operating at the current time. Most of Advanced Emissions' value examination focuses on studying past and present price action to predict the probability of Advanced Emissions' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Advanced Emissions' price. Additionally, you may evaluate how the addition of Advanced Emissions to your portfolios can decrease your overall portfolio volatility.
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Is Advanced Emissions' 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 Advanced Emissions. If investors know Advanced 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 Advanced Emissions 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
12.28
Market Capitalization
54.1 M
Quarterly Revenue Growth YOY
(0.08) 
Return On Assets
(0.0294) 
Return On Equity
5.0E-4
The market value of Advanced Emissions is measured differently than its book value, which is the value of Advanced that is recorded on the company's balance sheet. Investors also form their own opinion of Advanced Emissions' value that differs from its market value or its book value, called intrinsic value, which is Advanced Emissions' 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 Advanced Emissions' market value can be influenced by many factors that don't directly affect Advanced Emissions' 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 Advanced Emissions' value and its price as these two are different measures arrived at by different means. Investors typically determine Advanced Emissions value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advanced Emissions' 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.