Envela Book Value Per Share

ELA
 Stock
  

USD 6.81  0.17  2.44%   

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. The fundamental analysis module provides a way to measure Envela Corp'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 Envela Corp 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.
  
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The current year Enterprise Value is expected to grow to about 131.4 M, whereas Book Value per Share is forecasted to decline to 0.82.

Envela Book Value Per Share Analysis

Envela Corp's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Envela Corp Book Value per Share

0.82

Share
Book Value per Share 
 = 
Common Equity 
Average Shares 
More About Book Value Per Share | All Equity Analysis

Current Envela Corp Book Value Per Share

    
  0.92 X  
Most of Envela Corp's fundamental indicators, such as Book Value Per Share, 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 Book Value Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Envela Corp is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Book Value Per Share. Since Envela Corp'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 Envela Corp'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 Envela Corp's interrelated accounts and indicators.

Envela Book Value Per Share 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 book value per share 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 book value per share as a starting point in their analysis.
 Envela Corp Book Value Per Share 
Share
      Timeline 
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Compare to competition

Envela Shareholders Equity

Shareholders Equity

29.81 Million

Share
Envela Corp Shareholders Equity is projected to increase significantly based on the last few years of reporting. The past year's Shareholders Equity was at 27.63 Million
In accordance with the recently published financial statements, the book value per share of Envela Corp is about 0.92 times. This is 98.96% lower than that of the Consumer Cyclical sector and 92.83% lower than that of the Luxury Goods industry. The book value per share for all United States stocks is 99.95% higher than that of the company.

Envela Book Value Per Share 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 Book Value Per Share 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 book value per share 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
Book Value per Share 1.03  0.82 
Tangible Assets Book Value per Share 1.86  1.55 
Enterprise Value121.8 M131.4 M
Tangible Asset Value50.1 M39.8 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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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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.
Quarterly Earnings Growth YOY
0.41
Market Capitalization
191.2 M
Quarterly Revenue Growth YOY
0.86
Return On Assets
0.13
Return On Equity
0.43
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.