Else Nutrition Holdings Stock Price To Earning
| BABY Stock | 0.02 0.01 20.00% |
Else Nutrition Holdings fundamentals help investors to digest information that contributes to Else Nutrition's financial success or failures. It also enables traders to predict the movement of Else Stock. The fundamental analysis module provides a way to measure Else Nutrition's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Else Nutrition stock.
Else | Price To Earning |
Else Nutrition Holdings Company Price To Earning Analysis
Else Nutrition's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Else Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for Else Nutrition is extremely important. It helps to project a fair market value of Else Stock properly, considering its historical fundamentals such as Price To Earning. Since Else Nutrition's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Else Nutrition's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Else Nutrition's interrelated accounts and indicators.
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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Else Retained Earnings
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Based on the latest financial disclosure, Else Nutrition Holdings has a Price To Earning of 0.0 times. This is 100.0% lower than that of the Food Products sector and 100.0% lower than that of the Consumer Staples industry. The price to earning for all Canada stocks is 100.0% higher than that of the company.
Else Nutrition Current Valuation Drivers
We derive many important indicators used in calculating different scores of Else Nutrition from analyzing Else Nutrition's financial statements. These drivers represent accounts that assess Else Nutrition's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Else Nutrition's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 26.7M | 318.2M | 111.1M | 59.8M | 25.4M | 44.1M | |
| Enterprise Value | 23.9M | 296.8M | 89.0M | 48.6M | 25.6M | 39.4M |
Else Fundamentals
| Return On Equity | -3.38 | |||
| Return On Asset | -0.63 | |||
| Profit Margin | (1.37) % | |||
| Operating Margin | (1.12) % | |||
| Current Valuation | 5.3 M | |||
| Shares Outstanding | 201.81 M | |||
| Shares Owned By Insiders | 13.46 % | |||
| Number Of Shares Shorted | 380.73 K | |||
| Price To Book | 0.80 X | |||
| Price To Sales | 0.57 X | |||
| Revenue | 9.36 M | |||
| Gross Profit | 1.31 M | |||
| EBITDA | (19.1 M) | |||
| Net Income | (15.61 M) | |||
| Cash And Equivalents | 23.05 M | |||
| Total Debt | 3.09 M | |||
| Book Value Per Share | 0.05 X | |||
| Cash Flow From Operations | (18.31 M) | |||
| Short Ratio | 0.96 X | |||
| Earnings Per Share | (0.11) X | |||
| Target Price | 5.0 | |||
| Beta | 1.96 | |||
| Market Capitalization | 5.05 M | |||
| Total Asset | 16.07 M | |||
| Retained Earnings | (64.48 M) | |||
| Working Capital | 11.96 M | |||
| Net Asset | 16.07 M |
About Else Nutrition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Else Nutrition Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Else Nutrition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Else Nutrition Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Else Nutrition
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 Else Nutrition 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 Else Nutrition will appreciate offsetting losses from the drop in the long position's value.Moving against Else Stock
| 0.75 | FFH | Fairfax Financial | PairCorr |
| 0.68 | FFH-PD | Fairfax Financial | PairCorr |
| 0.66 | FFH-PM | Fairfax Financial | PairCorr |
| 0.62 | GS | GOLDMAN SACHS CDR | PairCorr |
| 0.57 | FFH-PF | Fairfax Financial | PairCorr |
The ability to find closely correlated positions to Else Nutrition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Else Nutrition 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 Else Nutrition - 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 Else Nutrition Holdings to buy it.
The correlation of Else Nutrition is a statistical measure of how it moves in relation to other instruments. 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 Else Nutrition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Else Nutrition Holdings 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 Else Nutrition 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.Other Information on Investing in Else Stock
Else Nutrition financial ratios help investors to determine whether Else Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Else with respect to the benefits of owning Else Nutrition security.