Envela Fundamentals

ELA -  USA Stock  

USD 4.89  0.05  1.03%

Envela Corp fundamentals help investors to digest information that contributes to Envela Corp's financial success or failures. It also enables traders to predict the movement of Envela Stock. This fundamental analysis module provides a way for investors to measures Envela Corp's intrinsic value by examining all of its available economic and financial indicators and drivers, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Envela Corp stock. Please note, this module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
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Envela Corp Consolidated Income is projected to increase significantly based on the last few years of reporting. The past year's Consolidated Income was at 10.05 Million. The current year Earning Before Interest and Taxes EBIT is expected to grow to about 11.7 M, whereas Cost of Revenue is forecasted to decline to about 88.6 M.

Envela Current Valuation Analysis

Envela Corp's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
 2019 2020 2021 2022 (projected)
Interest Expense414.96 K620.5 K704.05 K595.98 K
Gross Profit16.26 M23.07 M31.22 M25.95 M
Enterprise Value 
 = 
Market Cap + Debt 
-  
Cash 
More About Current Valuation | All Equity Analysis

Current Envela Corp Current Valuation

    
  162.25 M  
Most of Envela Corp's fundamental indicators, such as Current Valuation, 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, Envela Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Envela Current Valuation Historical Pattern

Today, most investors in Envela Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Envela Corp'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 current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Envela Corp current valuation as a starting point in their analysis.
 Envela Corp Current Valuation 
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      Timeline 
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Compare to competition

In accordance with the recently published financial statements, Envela Corp has a Current Valuation of 162.25 M. This is 99.1% lower than that of the Consumer Cyclical sector and 94.56% lower than that of the Luxury Goods industry. The current valuation for all United States stocks is 99.02% higher than that of the company.

Envela Corp Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Envela Corp's current stock value. Our valuation model uses many indicators to compare Envela Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Envela Corp competition to find correlations between indicators driving Envela Corp's intrinsic value. More Info.
Envela Corp is one of the top stocks in return on asset category among related companies. It is one of the top stocks in market capitalization category among related companies creating about  11,073,171  of Market Capitalization per Return On Asset. Envela Corp Market Capitalization is projected to increase significantly based on the last few years of reporting. The past year's Market Capitalization was at 109.58 Million. Comparative valuation analysis is a catch-all model that can be used if you cannot value Envela Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Envela Corp'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 Envela Corp's earnings, one of the primary drivers of an investment's value.

Envela Number of Shares Shorted Peer Comparison

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

Envela Corp Current Valuation Drivers

We derive many important indicators used in calculating different scores of Envela Corp from analyzing Envela Corp's financial statements. These drivers represent accounts that assess Envela Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Envela Corp's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Average Assets12.55 M12.95 M23.4 M33.47 M49.27 M39.91 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA2.36 M1.15 M3.81 M7.82 M11.79 M12.72 M
Earnings Before Interest Taxes and Depreciation Amortization USD2.36 M1.15 M3.81 M7.82 M11.79 M12.72 M
Earnings before Tax1.84 M718.36 K2.88 M6.47 M10.16 M10.96 M
Average Equity6.82 M8.19 M9.93 M14.7 M23.45 M18.87 M
Enterprise Value24.46 M11.9 M47.55 M150.36 M121.77 M131.38 M
Free Cash Flow(128.56 K)250.09 K(645.82 K)1.03 M(333.65 K)(342.43 K)
Invested Capital6.49 M6.73 M26.18 M41.17 M56.35 M60.8 M
Invested Capital Average6.12 M7.1 M23.9 M33.48 M48.25 M52.06 M
Market Capitalization25.07 M12.38 M36.35 M140.01 M109.58 M118.23 M
Tangible Asset Value13.31 M12.78 M22.24 M36.22 M50.1 M39.77 M
Working Capital5.33 M6.79 M13.54 M17.46 M24.57 M26.51 M

Envela Fundamentals

About Envela Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Envela Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Envela Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Envela Corp 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
Cost of Revenue109.7 M88.6 M
Revenues141 M112 M
Envela Corporation, together with its subsidiaries, primarily buys and sells jewelry and bullion products to individual consumers, dealers, Fortune 500 companies, municipalities, school districts, and other organizations in the United States. Envela Corporation was incorporated in 1965 and is headquartered in Irving, Texas. Envela Corp operates under Luxury Goods classification in the United States and is traded on NYSEMKT Exchange. It employs 256 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Envela Corp without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Envela Corp

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

Envela Corp Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Envela Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Envela Corp 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 Envela Corp - 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 Envela Corp to buy it.
The correlation of Envela Corp 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 Envela Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Envela Corp 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 Envela Corp 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
Continue to Envela Corp Piotroski F Score and Envela Corp Altman Z Score analysis. Note that the Envela Corp information on this page should be used as a complementary analysis to other Envela Corp'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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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