Envela Historical Financial Ratios

ELA
 Stock
  

USD 7.10  0.47  7.09%   

Envela Corp is recently reporting on over 63 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Current Ratio of 3.21 or Debt to Equity Ratio of 1.17 will help investors to properly organize and evaluate Envela Corp financial condition quickly. Financial Statement Analysis is much more than just reviewing and examining Envela Corp latest 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 Financial Ratios Analysis

Envela CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Envela Corp investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Envela financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Envela Corp history.

Envela Corp Financial Ratios Chart

Envela Corp financial ratios usually calculated using numerical values taken directly from Envela Corp financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about Envela Corp. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.
Envela Corp Asset Turnover is projected to slightly decrease based on the last few years of reporting. The past year's Asset Turnover was at 2.86. The current year Debt to Equity Ratio is expected to grow to 1.17, whereas Book Value per Share is forecasted to decline to 0.82.

Asset Turnover

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

Return on Average Assets

Return on assets measures how profitable a company is Net Income Common Stock relative to its total assets [AssetsAvg].

Return on Average Equity

Return on equity measures a corporation's profitability by calculating the amount of Net Income Common Stock returned as a percentage of [EquityAvg].

Return on Sales

Return on Sales is a ratio to evaluate a company's operational efficiency; calculated by dividing Earning Before Interest and Taxes EBIT by Revenues. ROS is often a component of DuPont ROE analysis.
Most ratios from Envela Corp fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios 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 fundamentals ratios, 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 Asset Turnover is projected to slightly decrease based on the last few years of reporting. The past year's Asset Turnover was at 2.86. The current year Debt to Equity Ratio is expected to grow to 1.17, whereas Book Value per Share is forecasted to decline to 0.82.
 2019 2020 2021 2022 (projected)
Book Value per Share0.420.651.030.82
Asset Turnover3.513.42.863.12

Envela Corp fundamentals Correlations

0.11-0.34-0.36-0.2-0.26-0.26-0.04-0.220.18-0.41-0.160.090.11-0.21-0.10.010.12-0.180.32
0.110.06-0.370.170.280.280.410.250.71-0.230.20.610.550.420.160.240.160.20.91
-0.340.06-0.320.820.760.760.170.19-0.240.770.810.520.050.750.780.740.630.82-0.26
-0.36-0.37-0.32-0.35-0.39-0.39-0.34-0.25-0.34-0.08-0.38-0.4-0.38-0.38-0.42-0.39-0.41-0.38-0.16
-0.20.170.82-0.350.970.970.370.38-0.080.651.00.460.250.680.980.940.911.0-0.15
-0.260.280.76-0.390.971.00.510.530.10.550.970.490.410.70.950.880.850.97-0.06
-0.260.280.76-0.390.971.00.510.530.10.550.970.490.410.70.950.880.850.97-0.06
-0.040.410.17-0.340.370.510.510.970.79-0.320.390.40.970.340.450.40.440.390.32
-0.220.250.19-0.250.380.530.530.970.67-0.240.390.280.890.30.450.370.420.40.14
0.180.71-0.24-0.34-0.080.10.10.790.67-0.69-0.050.390.890.14-0.010.00.02-0.050.75
-0.41-0.230.77-0.080.650.550.55-0.32-0.24-0.690.620.15-0.460.470.550.480.390.63-0.52
-0.160.20.81-0.381.00.970.970.390.39-0.050.620.480.280.680.990.960.931.0-0.12
0.090.610.52-0.40.460.490.490.40.280.390.150.480.410.910.470.480.40.480.46
0.110.550.05-0.380.250.410.410.970.890.89-0.460.280.410.270.330.320.360.280.51
-0.210.420.75-0.380.680.70.70.340.30.140.470.680.910.270.660.610.520.690.14
-0.10.160.78-0.420.980.950.950.450.45-0.010.550.990.470.330.660.960.960.99-0.15
0.010.240.74-0.390.940.880.880.40.370.00.480.960.480.320.610.960.980.95-0.02
0.120.160.63-0.410.910.850.850.440.420.020.390.930.40.360.520.960.980.92-0.07
-0.180.20.82-0.381.00.970.970.390.4-0.050.631.00.480.280.690.990.950.92-0.13
0.320.91-0.26-0.16-0.15-0.06-0.060.320.140.75-0.52-0.120.460.510.14-0.15-0.02-0.07-0.13
Click cells to compare fundamentals

Envela Corp Account Relationship Matchups

Envela Corp fundamentals Accounts

201720182019202020212022 (projected)
Asset Turnover4.944.183.513.42.863.12
Book Value per Share0.290.310.420.651.030.82
Current Ratio1.962.483.823.883.513.21
Debt to Equity Ratio0.720.551.411.311.151.17
EBITDA Margin0.0380.0210.0460.0690.0840.0906
Earnings per Basic Share0.070.020.10.240.370.4
Earnings per Diluted Share0.070.020.10.240.370.4
Earnings per Basic Share USD0.070.020.10.240.370.4
Enterprise Value over EBIT(5.0)12.014.021.011.09.05
Enterprise Value over EBITDA10.3610.3112.4819.2210.3311.14
Free Cash Flow per Share(0.005)0.009(0.024)0.038(0.012)(0.0123)
Profit Margin0.030.0120.0340.0560.0710.0766
Price to Book Value3.231.473.257.973.974.15
Price to Earnings Ratio13.323.013.521.6711.010.28
Price to Sales Ratio0.40.230.441.230.780.68
Return on Average Assets0.150.0510.120.190.20.22
Return on Average Equity(1.23)0.270.080.280.430.46
Return on Invested Capital0.330.120.140.210.230.24
Return on Sales0.0330.0160.040.0620.0770.0831
Sales per Share2.32.013.054.235.245.12
Tangible Assets Book Value per Share0.980.50.480.831.351.86

Envela Corp Investors Sentiment

The influence of Envela Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Envela. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Envela Corp Implied Volatility

    
  128.57  
Envela Corp's implied volatility exposes the market's sentiment of Envela Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Envela Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Envela Corp stock will not fluctuate a lot when Envela Corp's options are near their expiration.
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 Envela Corp 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, Envela Corp's short interest history, or implied volatility extrapolated from Envela Corp options trading.

Current Sentiment - ELA

Envela Corp Investor Sentiment

Macroaxis portfolio users are insensible in their opinion about investing in Envela Corp. What is your opinion about investing in Envela Corp? Are you bullish or bearish?
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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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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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.