Encore Wire Financials

Based on the measurements of operating efficiency obtained from Encore Wire's historical financial statements, Encore Wire is not in a good financial situation at the moment. It has a very high risk of going through financial straits in March.
  
Understanding current and past Encore Wire Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Encore Wire's financial statements are interrelated, with each one affecting the others. For example, an increase in Encore Wire's assets may result in an increase in income on the income statement.
Please note, the presentation of Encore Wire's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Encore Wire's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Encore Wire's management manipulating its earnings.

Encore Wire Stock Summary

Encore Wire competes with Triton International, CSW Industrials, and JBTMarel Corp. Encore Wire Corporation manufactures and sells electrical building wires and cables for interior electrical wiring in the United States. Encore Wire Corporation was incorporated in 1989 and is headquartered in McKinney, Texas. Encore Wire operates under Electrical Equipment Parts classification in the United States and is traded on NASDAQ Exchange. It employs 1440 people.
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS2925621052
Business Address1329 Millwood Road,
SectorElectrical Equipment
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.encorewire.com
Phone972 562 9473
CurrencyUSD - US Dollar

Encore Wire Key Financial Ratios

Encore Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Encore Wire's current stock value. Our valuation model uses many indicators to compare Encore Wire value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Encore Wire competition to find correlations between indicators driving Encore Wire's intrinsic value. More Info.
Encore Wire is rated fourth in return on equity category among its peers. It is rated first in return on asset category among its peers reporting about  0.67  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Encore Wire is roughly  1.48 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Encore Wire by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Other Consideration for investing in Encore Stock

If you are still planning to invest in Encore Wire check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Encore Wire's history and understand the potential risks before investing.
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