Envela Historical Valuation

ELA -  USA Stock  

USD 7.10  0.47  7.09%

Some fundamental drivers such as market cap or Envela Corp enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze Envela Corp valuation indicators such as Earnings before Tax of 11 M or Average Equity of 18.9 M to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of Envela Corp's future value. Financial Statement Analysis is much more than just reviewing and breaking down Envela Corp prevalent accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Envela Corp is a good buy for the upcoming year.
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About Envela Valuation Data Analysis

Valuation is the financial process of determining what Envela Corp is worth. Envela Corp valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. Envela Corp valuation ratios help investors to determine whether Envela Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Envela with respect to the benefits of owning Envela Corp security.

Envela Corp Valuation Data Chart

Envela valuation ratios help to determine how cheap or expensive it is, compared to its peers or based on some benchmark measure of value for a given date. A typical valuation ratio shows the difference between the cost of Envela equity instrument and the benefits of owning shares of Envela Corp.
Envela Corp Earnings Before Interest Taxes and Depreciation Amortization EBITDA are projected to increase significantly based on the last few years of reporting. The past year's Earnings Before Interest Taxes and Depreciation Amortization EBITDA were at 11.79 Million. The current year Earnings before Tax is expected to grow to about 11 M, whereas Average Assets are forecasted to decline to about 39.9 M.

Average Assets

Average asset value for the period used in calculation of Return on Average Equity and Return on Average Assets; derived from Total Assets.

Enterprise Value

Enterprise Value (or EV) is usually referred to as Envela Corp theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Envela Corp debt, but would also pocket its cash. Enterprise Value is more accurate representation of Envela Corp value than its market capitalization because it takes into account all of Envela Corp existing debt. Enterprise value is a measure of the value of a business as a whole; calculated as Market Capitalization plus Total Debt USD minus Cash and Equivalents USD.

Market Capitalization

Market capitalization (or market cap) is the total value of the shares outstanding of Envela Corp. It is equal to Envela Corp current share price times the number of Envela Corp outstanding shares. Represents the product of [SharesBas]; [Price] and [ShareFactor].
Most indicators from Envela Corp valuation accounts are interrelated and interconnected. However, analyzing valuation accounts indicators one by one will only give a small insight into Envela Corp current financial condition. On the other hand, looking into the entire matrix of valuation accounts indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Continue to Investing Opportunities.Envela Corp Earnings Before Interest Taxes and Depreciation Amortization EBITDA are projected to increase significantly based on the last few years of reporting. The past year's Earnings Before Interest Taxes and Depreciation Amortization EBITDA were at 11.79 Million. The current year Earnings before Tax is expected to grow to about 11 M, whereas Average Assets are forecasted to decline to about 39.9 M.
 2019 2020 2021 2022 (projected)
Enterprise Value47.55 M150.36 M121.77 M131.38 M
Average Equity9.93 M14.7 M23.45 M18.87 M

Envela Corp valuation accounts Correlations

Envela Corp Account Relationship Matchups

Envela Corp valuation accounts Accounts

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

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 Investing Opportunities. 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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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
178.5 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.