EMCOR Long Term Investments vs Property Plant Equipment Analysis

EME Stock  USD 526.95  11.13  2.16%   
EMCOR financial indicator trend analysis is much more than just examining EMCOR Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EMCOR Group is a good investment. Please check the relationship between EMCOR Long Term Investments and its Property Plant Equipment accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EMCOR Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Long Term Investments vs Property Plant Equipment

Long Term Investments vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EMCOR Group Long Term Investments account and Property Plant Equipment. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between EMCOR's Long Term Investments and Property Plant Equipment is -0.48. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of EMCOR Group, assuming nothing else is changed. The correlation between historical values of EMCOR's Long Term Investments and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of EMCOR Group are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Long Term Investments i.e., EMCOR's Long Term Investments and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

Long Term Investments

Long Term Investments is an item on the asset side of EMCOR balance sheet that represents investments EMCOR Group intends to hold for over a year. EMCOR Group long term investments may include different instruments such as stocks, bonds, real estate and cash.

Property Plant Equipment

Most indicators from EMCOR's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EMCOR Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EMCOR Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
The current year's Enterprise Value is expected to grow to about 10.2 B, whereas Selling General Administrative is forecasted to decline to about 587.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense5.1M10.4M17.2M10.5M
Depreciation And Amortization112.4M108.6M119.0M124.9M

EMCOR fundamental ratios Correlations

0.530.740.960.980.91-0.370.830.760.940.780.760.970.00.530.87-0.52-0.830.990.880.980.360.980.510.70.45
0.530.730.360.560.60.330.610.30.70.550.30.43-0.210.870.15-0.34-0.390.50.280.410.380.510.250.790.26
0.740.730.670.720.77-0.230.880.670.710.770.670.68-0.290.650.52-0.4-0.670.730.550.710.420.740.390.720.34
0.960.360.670.890.92-0.410.780.710.810.80.710.99-0.150.30.94-0.49-0.920.980.960.990.490.980.340.510.26
0.980.560.720.890.85-0.380.820.780.970.710.780.920.120.610.79-0.55-0.710.950.80.930.230.930.610.780.57
0.910.60.770.920.85-0.250.780.680.80.860.680.92-0.280.410.78-0.59-0.870.920.910.920.670.930.240.560.18
-0.370.33-0.23-0.41-0.38-0.25-0.2-0.79-0.17-0.14-0.79-0.33-0.320.12-0.510.080.16-0.36-0.41-0.470.16-0.31-0.42-0.03-0.37
0.830.610.880.780.820.78-0.20.570.810.710.570.81-0.20.610.68-0.56-0.740.820.650.80.30.840.550.790.47
0.760.30.670.710.780.68-0.790.570.650.541.00.670.20.390.68-0.32-0.480.740.670.790.140.690.540.50.51
0.940.70.710.810.970.8-0.170.810.650.660.650.860.120.750.69-0.5-0.660.90.690.850.20.890.610.870.59
0.780.550.770.80.710.86-0.140.710.540.660.540.81-0.510.310.59-0.48-0.870.80.760.790.710.84-0.020.41-0.06
0.760.30.670.710.780.68-0.790.571.00.650.540.670.20.390.68-0.32-0.480.740.670.790.140.690.540.50.51
0.970.430.680.990.920.92-0.330.810.670.860.810.67-0.140.370.91-0.53-0.920.990.940.990.470.990.360.570.3
0.0-0.21-0.29-0.150.12-0.28-0.32-0.20.20.12-0.510.2-0.140.20.020.10.48-0.09-0.24-0.07-0.8-0.160.670.20.74
0.530.870.650.30.610.410.120.610.390.750.310.390.370.20.16-0.22-0.190.460.140.38-0.080.440.630.920.64
0.870.150.520.940.790.78-0.510.680.680.690.590.680.910.020.16-0.41-0.810.90.90.920.320.870.420.420.35
-0.52-0.34-0.4-0.49-0.55-0.590.08-0.56-0.32-0.5-0.48-0.32-0.530.1-0.22-0.410.45-0.49-0.48-0.5-0.33-0.54-0.23-0.4-0.21
-0.83-0.39-0.67-0.92-0.71-0.870.16-0.74-0.48-0.66-0.87-0.48-0.920.48-0.19-0.810.45-0.89-0.89-0.87-0.7-0.92-0.03-0.360.05
0.990.50.730.980.950.92-0.360.820.740.90.80.740.99-0.090.460.9-0.49-0.890.910.990.430.990.430.640.37
0.880.280.550.960.80.91-0.410.650.670.690.760.670.94-0.240.140.9-0.48-0.890.910.940.610.910.180.360.09
0.980.410.710.990.930.92-0.470.80.790.850.790.790.99-0.070.380.92-0.5-0.870.990.940.420.980.420.570.36
0.360.380.420.490.230.670.160.30.140.20.710.140.47-0.8-0.080.32-0.33-0.70.430.610.420.48-0.53-0.03-0.58
0.980.510.740.980.930.93-0.310.840.690.890.840.690.99-0.160.440.87-0.54-0.920.990.910.980.480.360.620.3
0.510.250.390.340.610.24-0.420.550.540.61-0.020.540.360.670.630.42-0.23-0.030.430.180.42-0.530.360.750.99
0.70.790.720.510.780.56-0.030.790.50.870.410.50.570.20.920.42-0.4-0.360.640.360.57-0.030.620.750.73
0.450.260.340.260.570.18-0.370.470.510.59-0.060.510.30.740.640.35-0.210.050.370.090.36-0.580.30.990.73
Click cells to compare fundamentals

EMCOR Account Relationship Matchups

EMCOR fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.8B5.1B5.4B5.5B6.6B6.9B
Short Long Term Debt Total570.3M535.5M540.3M535.2M340.0M263.4M
Other Current Liab578.3M946.1M1.0B986.7M909.6M513.6M
Total Current Liabilities1.9B2.2B2.4B2.8B3.5B3.7B
Total Stockholder Equity2.1B2.1B2.3B2.0B2.5B2.6B
Property Plant And Equipment Net401.7M400.6M412.8M425.9M489.9M514.4M
Net Debt211.5M(367.3M)(281.0M)78.7M(449.8M)(427.3M)
Accounts Payable665.4M671.9M734.3M849.3M936.0M559.1M
Cash358.8M902.9M821.3M456.4M789.8M829.2M
Non Current Assets Total2.2B1.9B2.1B2.1B2.2B2.3B
Non Currrent Assets Other93.5M107.6M158.0M123.6M130.3M136.8M
Cash And Short Term Investments358.8M902.9M821.3M456.4M789.8M829.2M
Net Receivables2.2B2.1B2.4B2.8B3.5B3.6B
Common Stock Shares Outstanding56.5M55.4M54.3M50.1M47.6M63.3M
Liabilities And Stockholders Equity4.8B5.1B5.4B5.5B6.6B6.9B
Non Current Liabilities Total834.0M847.4M826.6M796.8M620.6M448.4M
Inventory40.4M53.3M54.1M85.6M110.8M116.3M
Other Current Assets52.0M70.7M80.9M79.3M73.1M73.5M
Other Stockholder Equity(221.7M)(319.0M)(500.2M)(1.1B)(1.3B)(1.2B)
Total Liab2.8B3.0B3.2B3.6B4.1B4.3B
Property Plant And Equipment Gross401.7M400.6M412.8M425.9M902.1M947.2M
Total Current Assets2.7B3.1B3.4B3.5B4.4B4.7B
Short Term Debt71.2M70.5M74.0M80.1M77.7M81.6M
Retained Earnings2.4B2.5B2.8B3.2B3.8B4.0B
Accumulated Other Comprehensive Income(89.3M)(109.2M)(83.6M)(93.5M)(85.7M)(81.4M)
Intangible Assets611.4M582.9M589.4M594.0M586.0M402.7M
Other Liab334.9M382.4M360.3M344.4M396.1M247.7M
Other Assets93.5M349.8M158.0M123.6M142.2M149.3M
Long Term Debt50M253.6M240.7M227.8M2.8M2.7M
Good Will1.1B851.8M890.3M919.2M956.5M685.3M
Property Plant Equipment156.2M158.4M152.1M157.8M181.5M111.7M
Current Deferred Revenue623.6M722.3M788.1M1.1B1.6B1.7B
Net Tangible Assets381.8M618.0M772.8M460.5M529.5M389.8M
Noncontrolling Interest In Consolidated Entity896K646K576K702K631.8K600.2K
Retained Earnings Total Equity2.4B2.5B2.8B3.2B3.7B3.9B

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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.
When determining whether EMCOR Group is a strong investment it is important to analyze EMCOR's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact EMCOR's future performance. For an informed investment choice regarding EMCOR Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EMCOR Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Construction & Engineering 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 EMCOR. If investors know EMCOR 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 EMCOR 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
0.625
Dividend Share
0.93
Earnings Share
19.69
Revenue Per Share
303.552
Quarterly Revenue Growth
0.153
The market value of EMCOR Group is measured differently than its book value, which is the value of EMCOR that is recorded on the company's balance sheet. Investors also form their own opinion of EMCOR's value that differs from its market value or its book value, called intrinsic value, which is EMCOR's 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 EMCOR's market value can be influenced by many factors that don't directly affect EMCOR's 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 EMCOR's value and its price as these two are different measures arrived at by different means. Investors typically determine if EMCOR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EMCOR's 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.