Envela Corp Asset Turnover Over Time

ELA
 Stock
  

USD 7.05  0.08  1.12%   

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The current year Asset Turnover is expected to grow to 3.12, whereas Average Assets are forecasted to decline to about 39.9 M.
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
189.8 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.
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2010201120122013201420152016201720182019202020212022
AAN0.9990.9990.9990.9990.9990.9990.9990.9990.9990.9991.0531.3281.3516
AAP0.9211.7010.9210.9210.9210.9211.1390.9210.9210.9210.9210.9211.0847
BBBY1.8031.8031.8031.8031.6921.6921.6921.6921.6921.3741.3741.3741.4653
BBY2.8652.8652.8652.8652.8132.8132.8132.8132.8132.8132.8022.8022.9063
MREO0.3850.3850.3850.3850.3850.3850.3850.3850.3850.3850.3850.350.3474
TRV0.23390.24260.2450.25090.26260.26370.27490.28370.29160.29470.28110.29350.2703
BA0.9320.9320.9770.9370.9820.9881.0390.9820.8820.5970.3760.4260.5716
WMT2.44342.38972.362.33562.3782.3912.43242.4812.42752.29912.28072.30322.5912
PG0.60030.61680.620.58590.55730.50750.52560.55990.580.60020.63430.730.7211

Envela Corp and related stocks such as Aarons Holdings, Advance Auto Parts, Bed Bath Beyond, Best Buy, Genesis Unicorn Capital, Mereo Biopharma Group, The Travelers Companies, Boeing Company, Walmart, and Procter Gamble Asset Turnover description

Asset turnover is a measure of a firms operating efficiency; calculated by dividing Revenues by Average Assets. Often a component of DuPont ROE analysis.

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TWST - USA Stock
Twist Bioscience Corp
TWST
RegionNorth America
ExchangeNASDAQ Exchange
USD 37.08
Continue to Envela Corp Performance and Envela Corp Correlation. 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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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
189.8 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.