Eddy Smart Home Stock Price To Earning

EDY Stock   2.55  0.05  2.00%   
Eddy Smart Home fundamentals help investors to digest information that contributes to Eddy Smart's financial success or failures. It also enables traders to predict the movement of Eddy Stock. The fundamental analysis module provides a way to measure Eddy Smart'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 Eddy Smart stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Eddy Smart Home Company Price To Earning Analysis

Eddy Smart'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.

P/E

 = 

Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Eddy Price To Earning Driver Correlations

Understanding the fundamental principles of building solid financial models for Eddy Smart is extremely important. It helps to project a fair market value of Eddy Stock properly, considering its historical fundamentals such as Price To Earning. Since Eddy Smart'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 Eddy Smart'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 Eddy Smart's interrelated accounts and indicators.
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.
Competition

Eddy Retained Earnings

Retained Earnings

(59.28 Million)

Eddy Smart reported Retained Earnings of (62.4 Million) in 2023
Based on the latest financial disclosure, Eddy Smart Home has a Price To Earning of 0.0 times. This is 100.0% lower than that of the Electronic Equipment, Instruments & Components sector and 100.0% lower than that of the Information Technology industry. The price to earning for all Canada stocks is 100.0% higher than that of the company.

Eddy Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eddy Smart's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Eddy Smart could also be used in its relative valuation, which is a method of valuing Eddy Smart by comparing valuation metrics of similar companies.
Eddy Smart is currently under evaluation in price to earning category among its peers.

Eddy Fundamentals

About Eddy Smart Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Eddy Smart Home's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eddy Smart using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eddy Smart Home 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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Eddy Stock Analysis

When running Eddy Smart's price analysis, check to measure Eddy Smart'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 Eddy Smart is operating at the current time. Most of Eddy Smart's value examination focuses on studying past and present price action to predict the probability of Eddy Smart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eddy Smart's price. Additionally, you may evaluate how the addition of Eddy Smart to your portfolios can decrease your overall portfolio volatility.