Joel Friedman - Envela Corp Lead Independent Director

ELA Stock  USD 6.50  0.01  0.15%   

Insider

Joel Friedman is Lead Independent Director of Envela Corp since 2017.
Age 55
Tenure 7 years
Address 1901 Gateway Drive, Irving, TX, United States, 75038
Phone972 587 4049
Webhttps://www.envela.com

Envela Corp Management Efficiency

The company has Return on Asset of 0.0648 % which means that on every $100 spent on assets, it made $0.0648 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1307 %, implying that it generated $0.1307 on every 100 dollars invested. Envela Corp's management efficiency ratios could be used to measure how well Envela Corp manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.12. The current year's Return On Capital Employed is expected to grow to 0.14. At present, Envela Corp's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 24.8 M, whereas Other Current Assets are forecasted to decline to about 863.4 K.
Envela Corp has 19.3 M in debt with debt to equity (D/E) ratio of 0.69, which is OK given its current industry classification. Envela Corp has a current ratio of 3.95, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Envela to invest in growth at high rates of return.

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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 AMEX Exchange. It employs 256 people. Envela Corp (ELA) is traded on NYSE MKT Exchange in USA. It is located in 1901 Gateway Drive, Irving, TX, United States, 75038 and employs 288 people. Envela Corp is listed under Other Specialty Retail category by Fama And French industry classification.

Management Performance

Envela Corp Leadership Team

Elected by the shareholders, the Envela Corp's board of directors comprises two types of representatives: Envela Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Envela. The board's role is to monitor Envela Corp's management team and ensure that shareholders' interests are well served. Envela Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Envela Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
John Loftus, Chairman of the Board, President, Chief Executive Officer
Jim Ruth, Independent Director
Allison DeStefano, Director
John DeLuca, Chief Officer
Joel Friedman, Lead Independent Director
Bret Pedersen, Chief Financial Officer
Alexandra Griffin, Independent Director

Envela Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Envela Corp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether Envela Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Envela Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Envela Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Envela Corp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Envela Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Envela Stock refer to our How to Trade Envela Stock guide.
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Is Other Specialty Retail space 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.
Earnings Share
0.25
Revenue Per Share
6.3
Quarterly Revenue Growth
0.272
Return On Assets
0.0648
Return On Equity
0.1307
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 if Envela Corp is a good investment 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.