Elliott Opportunity Ii Stock Price To Book
EOCWDelisted Stock | USD 10.36 0.02 0.19% |
Elliott Opportunity II fundamentals help investors to digest information that contributes to Elliott Opportunity's financial success or failures. It also enables traders to predict the movement of Elliott Stock. The fundamental analysis module provides a way to measure Elliott Opportunity'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 Elliott Opportunity stock.
Elliott |
Elliott Opportunity II Company Price To Book Analysis
Elliott Opportunity's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Elliott Opportunity Price To Book | 1.30 X |
Most of Elliott Opportunity's fundamental indicators, such as Price To Book, 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, Elliott Opportunity II is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
CompetitionBased on the latest financial disclosure, Elliott Opportunity II has a Price To Book of 1.2996 times. This is 71.62% lower than that of the Financial Services sector and significantly higher than that of the Shell Companies industry. The price to book for all United States stocks is 86.33% higher than that of the company.
Elliott Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elliott Opportunity's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Elliott Opportunity could also be used in its relative valuation, which is a method of valuing Elliott Opportunity by comparing valuation metrics of similar companies.Elliott Opportunity is currently under evaluation in price to book category among its peers.
Elliott Fundamentals
Return On Asset | -0.0012 | |||
Current Valuation | 788.32 M | |||
Shares Outstanding | 60.95 M | |||
Shares Owned By Insiders | 4.00 % | |||
Shares Owned By Institutions | 75.45 % | |||
Number Of Shares Shorted | 319 | |||
Price To Book | 1.30 X | |||
EBITDA | (27.31 M) | |||
Net Income | 33.86 M | |||
Cash And Equivalents | 506.1 K | |||
Cash Per Share | 0.01 X | |||
Total Debt | 286.38 K | |||
Current Ratio | 0.92 X | |||
Book Value Per Share | (0.32) X | |||
Cash Flow From Operations | (364.31 K) | |||
Earnings Per Share | 0.36 X | |||
Market Capitalization | 789.3 M | |||
Total Asset | 619.33 M | |||
Retained Earnings | (23.91 M) | |||
Working Capital | (511.21 K) | |||
Net Asset | 619.33 M |
About Elliott Opportunity Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Elliott Opportunity II's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elliott Opportunity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elliott Opportunity II 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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Investing Opportunities 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 main economic indicators. 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 Elliott Stock
If you are still planning to invest in Elliott Opportunity 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 Elliott Opportunity's history and understand the potential risks before investing.
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