Etoro Group Stock Net Income
| ETOR Stock | 31.62 0.91 2.80% |
Fundamental analysis of EToro allows traders to better anticipate movements in EToro's stock price by examining its financial health and performance throughout various phases of its business cycle.
| Last Reported | Projected for Next Year | ||
| Net Income From Continuing Ops | 221.2 M | 232.3 M | |
| Net Income | 221.2 M | 232.3 M | |
| Net Income Per Share | 8.87 | 9.31 | |
| Net Income Per E B T | 0.90 | 0.95 |
EToro | Net Income | Build AI portfolio with EToro Stock |
eToro Group Company Net Income Analysis
EToro's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current EToro Net Income | 192.38 M |
Most of EToro's fundamental indicators, such as Net Income, 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, eToro Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
EToro Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for EToro is extremely important. It helps to project a fair market value of EToro Stock properly, considering its historical fundamentals such as Net Income. Since EToro'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 EToro'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 EToro's interrelated accounts and indicators.
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
EToro Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, eToro Group reported net income of 192.38 M. This is 84.94% lower than that of the Capital Markets sector and 81.12% lower than that of the Financials industry. The net income for all United States stocks is 66.31% higher than that of the company.
EToro Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses EToro's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of EToro could also be used in its relative valuation, which is a method of valuing EToro by comparing valuation metrics of similar companies.EToro is currently under evaluation in net income category among its peers.
EToro Fundamentals
| Return On Equity | 0.27 | ||||
| Return On Asset | 0.19 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | (0.08) % | ||||
| Current Valuation | 1.61 B | ||||
| Shares Outstanding | 44.39 M | ||||
| Number Of Shares Shorted | 2.29 M | ||||
| Price To Book | 6.23 X | ||||
| Price To Sales | 0.42 X | ||||
| Revenue | 12.62 B | ||||
| Gross Profit | 345.99 M | ||||
| EBITDA | 296.12 M | ||||
| Net Income | 192.38 M | ||||
| Total Debt | 48.3 M | ||||
| Book Value Per Share | 72.01 X | ||||
| Cash Flow From Operations | 268.58 M | ||||
| Earnings Per Share | 2.38 X | ||||
| Number Of Employees | 1.5 K | ||||
| Market Capitalization | 5.25 B | ||||
| Total Asset | 1.19 B | ||||
| Retained Earnings | (47.45 M) | ||||
| Working Capital | 769.76 M | ||||
| Net Asset | 1.19 B |
About EToro Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze eToro Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EToro using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of eToro Group 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 EToro
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 EToro 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 EToro will appreciate offsetting losses from the drop in the long position's value.Moving against EToro Stock
| 0.67 | BFG | Bell Financial Group | PairCorr |
| 0.45 | SEQ | Sequoia Financial | PairCorr |
| 0.44 | MFF | MFF Capital Investments | PairCorr |
| 0.44 | MAF | MA Financial Group | PairCorr |
| 0.41 | 601377 | Industrial Securities | PairCorr |
The ability to find closely correlated positions to EToro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EToro 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 EToro - 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 eToro Group to buy it.
The correlation of EToro 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 EToro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if eToro Group 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 EToro 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 EToro Stock Analysis
When running EToro's price analysis, check to measure EToro'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 EToro is operating at the current time. Most of EToro's value examination focuses on studying past and present price action to predict the probability of EToro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EToro's price. Additionally, you may evaluate how the addition of EToro to your portfolios can decrease your overall portfolio volatility.