Ezgo Technologies Stock Fundamentals
| EZGO Stock | USD 0.95 0.07 7.95% |
EZGO Technologies fundamentals help investors to digest information that contributes to EZGO Technologies' financial success or failures. It also enables traders to predict the movement of EZGO Stock. The fundamental analysis module provides a way to measure EZGO Technologies' 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 EZGO Technologies stock.
At this time, EZGO Technologies' Net Interest Income is very stable compared to the past year. As of the 22nd of November 2024, Gross Profit is likely to grow to about 1.1 M, though Tax Provision is likely to grow to (53.4 K). EZGO | Select Account or Indicator |
EZGO Technologies Company Operating Margin Analysis
EZGO Technologies' Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current EZGO Technologies Operating Margin | (0.38) % |
Most of EZGO Technologies' fundamental indicators, such as Operating 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, EZGO Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
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EZGO Pretax Profit Margin
Pretax Profit Margin |
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Based on the recorded statements, EZGO Technologies has an Operating Margin of -0.3831%. This is 105.99% lower than that of the Textiles, Apparel & Luxury Goods sector and 104.11% lower than that of the Consumer Discretionary industry. The operating margin for all United States stocks is 93.05% lower than that of the firm.
EZGO Technologies Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining EZGO Technologies's current stock value. Our valuation model uses many indicators to compare EZGO Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across EZGO Technologies competition to find correlations between indicators driving EZGO Technologies's intrinsic value. More Info.EZGO Technologies is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, EZGO Technologies' Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the EZGO Technologies' earnings, one of the primary drivers of an investment's value.EZGO Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses EZGO Technologies' direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of EZGO Technologies could also be used in its relative valuation, which is a method of valuing EZGO Technologies by comparing valuation metrics of similar companies.EZGO Technologies is currently under evaluation in operating margin category among its peers.
EZGO Technologies Current Valuation Drivers
We derive many important indicators used in calculating different scores of EZGO Technologies from analyzing EZGO Technologies' financial statements. These drivers represent accounts that assess EZGO Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of EZGO Technologies' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 674.9M | 101.6M | 5.7M | 261.5M | 300.8M | 253.2M | |
| Enterprise Value | 675.5M | 101.6M | 4.1M | 250.4M | 287.9M | 250.5M |
EZGO Fundamentals
| Return On Equity | -0.12 | ||||
| Return On Asset | -0.0464 | ||||
| Profit Margin | (0.31) % | ||||
| Operating Margin | (0.38) % | ||||
| Current Valuation | 10.54 M | ||||
| Shares Outstanding | 2.55 M | ||||
| Shares Owned By Insiders | 6.91 % | ||||
| Shares Owned By Institutions | 0.45 % | ||||
| Number Of Shares Shorted | 171.37 K | ||||
| Price To Earning | 12.42 X | ||||
| Price To Book | 0.04 X | ||||
| Price To Sales | 0.12 X | ||||
| Revenue | 15.92 M | ||||
| Gross Profit | 382.48 K | ||||
| EBITDA | (3.61 M) | ||||
| Net Income | (7.26 M) | ||||
| Cash And Equivalents | 2.9 M | ||||
| Cash Per Share | 0.12 X | ||||
| Total Debt | 6.1 M | ||||
| Debt To Equity | 0.10 % | ||||
| Current Ratio | 2.17 X | ||||
| Book Value Per Share | 23.55 X | ||||
| Cash Flow From Operations | (9.11 M) | ||||
| Short Ratio | 2.42 X | ||||
| Earnings Per Share | (63.06) X | ||||
| Number Of Employees | 81 | ||||
| Beta | 1.94 | ||||
| Market Capitalization | 2.26 M | ||||
| Total Asset | 81.91 M | ||||
| Retained Earnings | (14.77 M) | ||||
| Working Capital | 41.86 M | ||||
| Net Asset | 81.91 M |
About EZGO Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze EZGO Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EZGO Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EZGO Technologies 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 1.2 M | 1.3 M | |
| Total Revenue | 18.3 M | 15 M | |
| Cost Of Revenue | 17 M | 13.5 M | |
| Stock Based Compensation To Revenue | 0.07 | 0.04 | |
| Sales General And Administrative To Revenue | 0.26 | 0.15 | |
| Research And Ddevelopement To Revenue | 0.05 | 0.05 | |
| Capex To Revenue | 0.28 | 0.22 | |
| Revenue Per Share | 0.40 | 0.38 | |
| Ebit Per Revenue | (0.35) | (0.33) |
Pair Trading with EZGO Technologies
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 EZGO Technologies 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 EZGO Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against EZGO Stock
| 0.68 | AS | Amer Sports, Upward Rally | PairCorr |
| 0.68 | VSTO | Vista Outdoor | PairCorr |
| 0.64 | RL | Ralph Lauren Corp | PairCorr |
| 0.61 | DOGZ | Dogness International | PairCorr |
| 0.58 | UA | Under Armour C | PairCorr |
The ability to find closely correlated positions to EZGO Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EZGO Technologies 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 EZGO Technologies - 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 EZGO Technologies to buy it.
The correlation of EZGO Technologies 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 EZGO Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EZGO Technologies 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 EZGO Technologies 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.Check out EZGO Technologies Piotroski F Score and EZGO Technologies Altman Z Score analysis. To learn how to invest in EZGO Stock, please use our How to Invest in EZGO Technologies guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EZGO Technologies. If investors know EZGO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EZGO Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.771 | Earnings Share (63.06) | Revenue Per Share 9.401 | Quarterly Revenue Growth 0.661 | Return On Assets (0.05) |
The market value of EZGO Technologies is measured differently than its book value, which is the value of EZGO that is recorded on the company's balance sheet. Investors also form their own opinion of EZGO Technologies' value that differs from its market value or its book value, called intrinsic value, which is EZGO Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EZGO Technologies' market value can be influenced by many factors that don't directly affect EZGO Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EZGO Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if EZGO Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EZGO Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.