Envela Corp Return On Asset vs. Market Capitalization

ELA
 Stock
  

USD 7.10  0.47  7.09%   

For Envela Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Envela Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Envela Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Envela Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Envela Corp over time as well as its relative position and ranking within its peers. Continue to Investing Opportunities.
  
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The current year Return on Sales is expected to grow to 0.08, whereas Price to Sales Ratio is forecasted to decline to 0.68. 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 Net Income is expected to grow to about 10.8 M, whereas Net Loss Income from Discontinued Operations is forecasted to decline to (92.1 K).

Envela Corp Revenues

111.98 Million

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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.

Envela Corp Market Capitalization vs. Return On Asset Fundamental Analysis

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.
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  14,039,529  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 Market Capitalization vs. Return On Asset

Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Envela Corp 
Return on Asset 
 = 
Net Income 
Total Assets 
X
100 
11.89 %
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Envela Corp 
Market Cap 
 = 
Shares Outstanding 
X  
Share Price 
166.93 M
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.

Envela Market Capitalization vs Competition

Envela Corp is one of the top stocks in market capitalization category among related companies. Market capitalization of Luxury Goods industry is currently estimated at about 75.63 Billion. Envela Corp adds roughly 166.93 Million in market capitalization claiming only tiny portion of all equities under Luxury Goods industry.
Capitalization  Workforce  Total debt  Valuation  Revenue

Envela Corp Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Envela Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Envela Corp will eventually generate negative long term returns. The profitability progress is the general direction of Envela Corp's change in net profit over the period of time. It can combine multiple indicators of Envela Corp, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for 2022
Consolidated Income10 M10.8 M
Net Income10 M10.8 M
Net Income Common Stock10 M10.8 M
Net Loss Income from Discontinued Operations-89.7 K-92.1 K
Operating Income9.5 M10.2 M
Income Tax Expense112.8 K99.5 K
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.

Envela Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Envela Corp. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Envela Corp position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Envela Corp's important profitability drivers and their relationship over time.

Use Envela Corp in pair-trading

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 Trading

Envela Corp Pair Trading Analysis

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

Use Investing Themes to Complement your Envela Corp position

In addition to having Envela Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Stores
Stores Theme
Companies providing different types of retail and wholesale services. The Stores theme has 30 constituents.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Stores Theme or any other thematic opportunities.
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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 Bond Directory module to find actively traded corporate debentures issued by US companies.

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To fully project Envela Corp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Envela Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Envela Corp's income statement, its balance sheet, and the statement of cash flows.
Potential Envela Corp investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Envela Corp investors may work on each financial statement separately, they are all related. The changes in Envela Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Envela Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.