European Wax Financials

EWCZ Stock  USD 6.34  0.45  7.64%   
Based on the key measurements obtained from European Wax's financial statements, European Wax Center is performing exceptionally good at this time. It has a great probability to report excellent financial results in December. At this time, European Wax's Total Stockholder Equity is fairly stable compared to the past year. Non Currrent Assets Other is likely to rise to about 3.7 M in 2024, whereas Total Assets are likely to drop slightly above 714.7 M in 2024. Key indicators impacting European Wax's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Equity0.170.1072
Way Up
Slightly volatile
Current Ratio2.632.5249
Sufficiently Up
Very volatile
Investors should never underestimate European Wax's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor European Wax's cash flow, debt, and profitability to make informed and accurate decisions about investing in European Wax Center.

Net Income

9.38 Million

  
Understanding current and past European Wax Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of European Wax's financial statements are interrelated, with each one affecting the others. For example, an increase in European Wax's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in European Wax's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of European Wax Center. Check European Wax's Beneish M Score to see the likelihood of European Wax's management manipulating its earnings.

European Wax Stock Summary

European Wax competes with Edgewell Personal, Inter Parfums, Henkel AG, Mannatech Incorporated, and Spectrum Brands. European Wax Center, Inc. operates as the franchisor and operator of out-of-home waxing services in the United States. European Wax Center, Inc. was founded in 2004 and is headquartered in Plano, Texas. European Wax operates under Household Personal Products classification in the United States and is traded on NASDAQ Exchange. It employs 111 people.
Specialization
Consumer Discretionary, Household & Personal Products
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS29882P1066
CUSIP29882P106
LocationTexas; U.S.A
Business Address5830 Granite Parkway,
SectorDiversified Consumer Services
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewaxcenter.com
Phone469 264 8123
CurrencyUSD - US Dollar

European Wax Key Financial Ratios

European Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining European Wax's current stock value. Our valuation model uses many indicators to compare European Wax value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across European Wax competition to find correlations between indicators driving European Wax's intrinsic value. More Info.
European Wax Center is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about  0.31  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for European Wax Center is roughly  3.23 . At this time, European Wax's Return On Equity is fairly stable compared to the past year. 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 European Wax's earnings, one of the primary drivers of an investment's value.

European Wax Center Systematic Risk

European Wax's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. European Wax volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on European Wax Center correlated with the market. If Beta is less than 0 European Wax generally moves in the opposite direction as compared to the market. If European Wax Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one European Wax Center is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of European Wax is generally in the same direction as the market. If Beta > 1 European Wax moves generally in the same direction as, but more than the movement of the benchmark.

European Wax Thematic Clasifications

European Wax Center is part of several thematic ideas from Housewares to Personal Services. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas

European Wax November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of European Wax help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of European Wax Center. We use our internally-developed statistical techniques to arrive at the intrinsic value of European Wax Center based on widely used predictive technical indicators. In general, we focus on analyzing European Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build European Wax's daily price indicators and compare them against related drivers.

Additional Tools for European Stock Analysis

When running European Wax's price analysis, check to measure European Wax's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy European Wax is operating at the current time. Most of European Wax's value examination focuses on studying past and present price action to predict the probability of European Wax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move European Wax's price. Additionally, you may evaluate how the addition of European Wax to your portfolios can decrease your overall portfolio volatility.