Espey Mfg Electronics Stock Return On Equity

ESP Stock

USD 28.94 0.71 2.39%

Espey Mfg Electronics fundamentals help investors to digest information that contributes to Espey Mfg's financial success or failures. It also enables traders to predict the movement of Espey Stock. The fundamental analysis module provides a way to measure Espey Mfg'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 Espey Mfg stock.

		Last Reported	Projected for Next Year
	Return On Equity	0.14	0.15

As of 11/22/2024, Return On Equity is likely to grow to 0.15.

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Espey Mfg Electronics Company Return On Equity Analysis

Espey Mfg's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Espey Mfg Return On Equity

0.15

Most of Espey Mfg's fundamental indicators, such as Return On Equity, 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, Espey Mfg Electronics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Espey Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Espey Mfg is extremely important. It helps to project a fair market value of Espey Stock properly, considering its historical fundamentals such as Return On Equity. Since Espey Mfg'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 Espey Mfg'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 Espey Mfg's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Accounts Payable	Short Term Investments	Common Stock	Treasury Stock	Property Plant Equipment	Net Tangible Assets	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Cash And Equivalents	Net Invested Capital	Net Working Capital	Current Deferred Revenue	Capital Stock
Total Assets		0.94	0.37	0.52	0.42	0.67	1.0	0.52	0.53	0.82	0.49	-0.21	0.88	0.83	-0.03	-0.59	-0.61	0.67	0.62	0.79	0.63
Total Stockholder Equity	0.94		0.26	0.7	0.46	0.54	0.94	0.45	0.53	0.93	0.28	-0.29	0.74	0.66	-0.14	-0.69	-0.54	0.59	0.54	0.59	0.52
Net Debt	0.37	0.26		-0.06	0.47	0.51	0.31	0.46	0.51	0.05	0.25	0.62	0.51	0.54	-0.15	-0.25	-0.93	0.46	0.29	0.52	0.38
Retained Earnings	0.52	0.7	-0.06		0.1	0.4	0.54	0.28	0.62	0.63	-0.19	-0.58	0.43	0.15	-0.31	-0.27	-0.18	0.62	0.64	0.29	0.49
Net Receivables	0.42	0.46	0.47	0.1		0.14	0.41	0.29	-0.05	0.48	0.04	0.29	0.22	0.28	0.25	-0.59	-0.55	0.0	-0.12	0.12	0.03
Total Liab	0.67	0.54	0.51	0.4	0.14		0.65	0.78	0.79	0.41	0.53	-0.23	0.84	0.82	-0.04	-0.23	-0.62	0.8	0.73	0.91	0.88
Total Current Assets	1.0	0.94	0.31	0.54	0.41	0.65		0.49	0.51	0.84	0.49	-0.26	0.86	0.81	-0.01	-0.6	-0.56	0.65	0.61	0.77	0.61
Accounts Payable	0.52	0.45	0.46	0.28	0.29	0.78	0.49		0.65	0.42	0.23	-0.02	0.6	0.66	-0.14	-0.26	-0.6	0.54	0.41	0.57	0.74
Short Term Investments	0.53	0.53	0.51	0.62	-0.05	0.79	0.51	0.65		0.31	0.07	-0.19	0.73	0.55	-0.39	-0.21	-0.59	0.9	0.83	0.67	0.81
Common Stock	0.82	0.93	0.05	0.63	0.48	0.41	0.84	0.42	0.31		0.29	-0.37	0.52	0.54	-0.01	-0.69	-0.36	0.34	0.29	0.4	0.36
Treasury Stock	0.49	0.28	0.25	-0.19	0.04	0.53	0.49	0.23	0.07	0.29		-0.08	0.49	0.75	0.22	-0.25	-0.3	0.2	0.18	0.67	0.33
Property Plant Equipment	-0.21	-0.29	0.62	-0.58	0.29	-0.23	-0.26	-0.02	-0.19	-0.37	-0.08		-0.15	-0.04	-0.18	0.1	-0.46	-0.22	-0.38	-0.17	-0.29
Net Tangible Assets	0.88	0.74	0.51	0.43	0.22	0.84	0.86	0.6	0.73	0.52	0.49	-0.15		0.89	-0.12	-0.41	-0.66	0.85	0.8	0.93	0.83
Capital Surpluse	0.83	0.66	0.54	0.15	0.28	0.82	0.81	0.66	0.55	0.54	0.75	-0.04	0.89		0.02	-0.47	-0.67	0.64	0.55	0.89	0.74
Deferred Long Term Liab	-0.03	-0.14	-0.15	-0.31	0.25	-0.04	-0.01	-0.14	-0.39	-0.01	0.22	-0.18	-0.12	0.02		0.03	0.16	-0.21	-0.13	0.05	-0.08
Long Term Investments	-0.59	-0.69	-0.25	-0.27	-0.59	-0.23	-0.6	-0.26	-0.21	-0.69	-0.25	0.1	-0.41	-0.47	0.03		0.34	-0.13	-0.06	-0.24	-0.14
Cash And Equivalents	-0.61	-0.54	-0.93	-0.18	-0.55	-0.62	-0.56	-0.6	-0.59	-0.36	-0.3	-0.46	-0.66	-0.67	0.16	0.34		-0.57	-0.4	-0.63	-0.5
Net Invested Capital	0.67	0.59	0.46	0.62	0.0	0.8	0.65	0.54	0.9	0.34	0.2	-0.22	0.85	0.64	-0.21	-0.13	-0.57		0.98	0.8	0.9
Net Working Capital	0.62	0.54	0.29	0.64	-0.12	0.73	0.61	0.41	0.83	0.29	0.18	-0.38	0.8	0.55	-0.13	-0.06	-0.4	0.98		0.77	0.87
Current Deferred Revenue	0.79	0.59	0.52	0.29	0.12	0.91	0.77	0.57	0.67	0.4	0.67	-0.17	0.93	0.89	0.05	-0.24	-0.63	0.8	0.77		0.81
Capital Stock	0.63	0.52	0.38	0.49	0.03	0.88	0.61	0.74	0.81	0.36	0.33	-0.29	0.83	0.74	-0.08	-0.14	-0.5	0.9	0.87	0.81

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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.

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Predict Espey Mfg

Return On Equity Over Time

Espey Total Stockholder Equity

Total Stockholder Equity

30.68 Million

At this time, Espey Mfg's Total Stockholder Equity is relatively stable compared to the past year.

Based on the latest financial disclosure, Espey Mfg Electronics has a Return On Equity of 0.1507. This is 65.75% lower than that of the Electrical Equipment sector and significantly higher than that of the Industrials industry. The return on equity for all United States stocks is 148.61% lower than that of the firm.

Espey Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Espey Mfg's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Espey Mfg could also be used in its relative valuation, which is a method of valuing Espey Mfg by comparing valuation metrics of similar companies.

Espey Mfg is currently under evaluation in return on equity category among its peers.

Espey Mfg Current Valuation Drivers

We derive many important indicators used in calculating different scores of Espey Mfg from analyzing Espey Mfg's financial statements. These drivers represent accounts that assess Espey Mfg's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Espey Mfg's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	41.5M	35.7M	34.6M	53.5M	48.2M	28.3M
Enterprise Value	36.0M	28.9M	26.5M	49.2M	44.2M	22.3M

Espey Mfg 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, Espey Mfg's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Espey Mfg's managers, analysts, and investors.

Environmental

Governance

Social

Espey Fundamentals

	Return On Equity	0.15
	Return On Asset	0.0786
	Profit Margin	0.15 %
	Operating Margin	0.18 %
	Current Valuation	59.28 M
	Shares Outstanding	2.79 M
	Shares Owned By Insiders	34.26 %
	Shares Owned By Institutions	18.01 %
	Number Of Shares Shorted	13.23 K
	Price To Earning	37.01 X
	Price To Book	1.95 X
	Price To Sales	2.09 X
	Revenue	38.74 M
	Gross Profit	8.05 M
	EBITDA	6.99 M
	Net Income	5.82 M
	Cash And Equivalents	2.75 M
	Cash Per Share	4.83 X
	Total Debt	15.27 M
	Debt To Equity	0.29 %
	Current Ratio	4.87 X
	Book Value Per Share	16.36 X
	Cash Flow From Operations	10.6 M
	Short Ratio	0.52 X
	Earnings Per Share	2.46 X
	Target Price	25.0
	Number Of Employees	148
	Beta	0.16
	Market Capitalization	82.75 M
	Total Asset	56.54 M
	Retained Earnings	26 M
	Working Capital	37.97 M
	Current Asset	32.1 M
	Current Liabilities	1.86 M
	Annual Yield	0.03 %
	Five Year Return	4.41 %
	Net Asset	56.54 M

About Espey Mfg Fundamental Analysis

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

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 Espey Mfg 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 Espey Mfg will appreciate offsetting losses from the drop in the long position's value.

Moving together with Espey Stock

0.61

EOSE

Eos Energy Enterprises Buyout Trend

Pair Corr

Moving against Espey Stock

0.74	FCEL	FuelCell Energy Fiscal Year End 17th of December 2024	Pair Corr
0.54	FLUX	Flux Power Holdings	Pair Corr
0.48	EPOW	Sunrise New Energy	Pair Corr

The ability to find closely correlated positions to Espey Mfg could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Espey Mfg 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 Espey Mfg - 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 Espey Mfg Electronics to buy it.

The correlation of Espey Mfg 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 Espey Mfg moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Espey Mfg Electronics 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 Espey Mfg 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.

Pair Correlation Correlation Matching

Additional Tools for Espey Stock Analysis

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

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