Emcore Stock Profit Margin
| EMKR Stock | USD 3.00 0.04 1.35% |
EMCORE fundamentals help investors to digest information that contributes to EMCORE's financial success or failures. It also enables traders to predict the movement of EMCORE Stock. The fundamental analysis module provides a way to measure EMCORE'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 EMCORE stock.
| Last Reported | Projected for Next Year | ||
| Net Loss | (0.70) | (0.67) |
EMCORE | Profit Margin |
EMCORE Company Profit Margin Analysis
EMCORE's Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Current EMCORE Profit Margin | (0.77) % |
Most of EMCORE's fundamental indicators, such as Profit Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, EMCORE is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
EMCORE Profit Margin Driver Correlations
Understanding the fundamental principles of building solid financial models for EMCORE is extremely important. It helps to project a fair market value of EMCORE Stock properly, considering its historical fundamentals such as Profit Margin. Since EMCORE'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 EMCORE'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 EMCORE's interrelated accounts and indicators.
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
| Competition |
EMCORE Pretax Profit Margin
Pretax Profit Margin |
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Based on the latest financial disclosure, EMCORE has a Profit Margin of -0.7664%. This is 41.05% lower than that of the Communications Equipment sector and 123.88% lower than that of the Information Technology industry. The profit margin for all United States stocks is 39.65% lower than that of the firm.
EMCORE Profit Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses EMCORE's direct or indirect competition against its Profit Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of EMCORE could also be used in its relative valuation, which is a method of valuing EMCORE by comparing valuation metrics of similar companies.EMCORE is currently under evaluation in profit margin category among its peers.
EMCORE ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, EMCORE's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to EMCORE's managers, analysts, and investors.Environmental | Governance | Social |
EMCORE Fundamentals
| Return On Equity | -0.67 | ||||
| Return On Asset | -0.07 | ||||
| Profit Margin | (0.77) % | ||||
| Operating Margin | (0.15) % | ||||
| Current Valuation | 49.23 M | ||||
| Shares Outstanding | 9.07 M | ||||
| Shares Owned By Insiders | 24.09 % | ||||
| Shares Owned By Institutions | 19.50 % | ||||
| Number Of Shares Shorted | 123.66 K | ||||
| Price To Earning | 2.76 X | ||||
| Price To Book | 0.51 X | ||||
| Price To Sales | 0.30 X | ||||
| Revenue | 97.72 M | ||||
| Gross Profit | 29.72 M | ||||
| EBITDA | (22.4 M) | ||||
| Net Income | (49.41 M) | ||||
| Cash And Equivalents | 74.61 M | ||||
| Cash Per Share | 1.99 X | ||||
| Total Debt | 34.52 M | ||||
| Debt To Equity | 0.16 % | ||||
| Current Ratio | 3.95 X | ||||
| Book Value Per Share | 5.77 X | ||||
| Cash Flow From Operations | (33.64 M) | ||||
| Short Ratio | 0.07 X | ||||
| Earnings Per Share | (7.71) X | ||||
| Price To Earnings To Growth | 1.08 X | ||||
| Target Price | 3.1 | ||||
| Number Of Employees | 350 | ||||
| Beta | 1.57 | ||||
| Market Capitalization | 26.86 M | ||||
| Total Asset | 143.91 M | ||||
| Retained Earnings | (697.46 M) | ||||
| Working Capital | 62.17 M | ||||
| Current Asset | 111.22 M | ||||
| Current Liabilities | 18.26 M | ||||
| Net Asset | 143.91 M |
About EMCORE Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze EMCORE's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EMCORE using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EMCORE 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 EMCORE
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 EMCORE 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 EMCORE will appreciate offsetting losses from the drop in the long position's value.Moving together with EMCORE Stock
Moving against EMCORE Stock
| 0.81 | ICG | Intchains Group | PairCorr |
| 0.78 | ASYS | Amtech Systems Fiscal Year End 12th of December 2024 | PairCorr |
| 0.76 | ACLS | Axcelis Technologies | PairCorr |
| 0.64 | CDW | CDW Corp | PairCorr |
| 0.64 | TER | Teradyne | PairCorr |
The ability to find closely correlated positions to EMCORE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EMCORE 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 EMCORE - 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 EMCORE to buy it.
The correlation of EMCORE 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 EMCORE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EMCORE 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 EMCORE 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.Additional Tools for EMCORE Stock Analysis
When running EMCORE's price analysis, check to measure EMCORE'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 EMCORE is operating at the current time. Most of EMCORE's value examination focuses on studying past and present price action to predict the probability of EMCORE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EMCORE's price. Additionally, you may evaluate how the addition of EMCORE to your portfolios can decrease your overall portfolio volatility.