ESCO Book Value Per Share vs Inventory Turnover Analysis
ESE Stock | USD 148.41 0.32 0.22% |
ESCO Technologies financial indicator trend analysis is much more than just examining ESCO Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ESCO Technologies is a good investment. Please check the relationship between ESCO Technologies Book Value Per Share and its Inventory Turnover accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESCO Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade ESCO Stock refer to our How to Trade ESCO Stock guide.
Book Value Per Share vs Inventory Turnover
Book Value Per Share vs Inventory Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ESCO Technologies Book Value Per Share account and Inventory Turnover. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between ESCO Technologies' Book Value Per Share and Inventory Turnover is -0.68. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Inventory Turnover in the same time period over historical financial statements of ESCO Technologies, assuming nothing else is changed. The correlation between historical values of ESCO Technologies' Book Value Per Share and Inventory Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of ESCO Technologies are associated (or correlated) with its Inventory Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory Turnover has no effect on the direction of Book Value Per Share i.e., ESCO Technologies' Book Value Per Share and Inventory Turnover go up and down completely randomly.
Correlation Coefficient | -0.68 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Most indicators from ESCO Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ESCO Technologies 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 ESCO Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade ESCO Stock refer to our How to Trade ESCO Stock guide.At present, ESCO Technologies' Enterprise Value Multiple is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 3.7 B, whereas Discontinued Operations is projected to grow to (656.6 K).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 332.0M | 375.7M | 1.0B | 1.1B | Total Revenue | 857.5M | 956.0M | 1.0B | 615.0M |
ESCO Technologies fundamental ratios Correlations
Click cells to compare fundamentals
ESCO Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ESCO Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.4B | 1.6B | 1.7B | 1.7B | 1.9B | 2.0B | |
Short Long Term Debt Total | 79.2M | 182.0M | 177.9M | 138.6M | 156.8M | 105.9M | |
Other Current Liab | 82.0M | 92.3M | 81.4M | 95.4M | 231.5M | 243.1M | |
Total Current Liabilities | 256.0M | 277.8M | 318.1M | 314.7M | 349.9M | 367.3M | |
Total Stockholder Equity | 961.6M | 1.0B | 1.0B | 1.1B | 1.2B | 1.3B | |
Property Plant And Equipment Net | 161.3M | 186.1M | 185.1M | 195.3M | 224.6M | 235.9M | |
Net Debt | 26.6M | 125.8M | 80.1M | 96.7M | 156.8M | 164.7M | |
Accounts Payable | 50.5M | 56.7M | 78.7M | 87.0M | 98.4M | 53.0M | |
Cash | 52.6M | 56.2M | 97.7M | 41.9M | 48.1M | 39.2M | |
Non Current Assets Total | 926.9M | 1.1B | 1.1B | 1.1B | 1.3B | 1.3B | |
Non Currrent Assets Other | 10.9M | 11.0M | 9.5M | 11.5M | 10.3M | 9.8M | |
Cash And Short Term Investments | 52.6M | 56.2M | 97.7M | 41.9M | 48.1M | 39.2M | |
Net Receivables | 238.4M | 240.1M | 289.8M | 337.2M | 387.8M | 407.2M | |
Common Stock Shares Outstanding | 26.1M | 26.2M | 26.1M | 25.9M | 25.9M | 28.0M | |
Liabilities And Stockholders Equity | 1.4B | 1.6B | 1.7B | 1.7B | 1.8B | 1.9B | |
Non Current Liabilities Total | 155.9M | 279.9M | 288.2M | 237.4M | 251.4M | 155.9M | |
Inventory | 136.2M | 147.1M | 162.4M | 184.1M | 211.7M | 222.3M | |
Other Current Assets | 17.1M | 22.7M | 22.7M | 18.0M | 20.7M | 18.1M | |
Other Stockholder Equity | 186.5M | 190.6M | 174.6M | 165.5M | 164.9M | 184.0M | |
Total Liab | 411.9M | 557.6M | 606.3M | 552.1M | 601.3M | 327.0M | |
Property Plant And Equipment Gross | 161.3M | 301.8M | 185.1M | 195.3M | 224.6M | 235.9M | |
Total Current Assets | 446.6M | 466.2M | 572.6M | 581.1M | 668.3M | 701.7M | |
Accumulated Other Comprehensive Income | (3.7M) | (2.2M) | (31.8M) | (24.0M) | (10.8M) | (11.3M) | |
Intangible Assets | 346.6M | 409.3M | 394.5M | 392.1M | 450.9M | 473.5M | |
Retained Earnings | 778.4M | 831.0M | 905.0M | 989.3M | 1.1B | 1.1B | |
Other Liab | 70.8M | 117.9M | 130.3M | 100.5M | 115.5M | 66.7M | |
Other Assets | 10.9M | 11.0M | 9.5M | 11.5M | 10.3M | 13.3M | |
Long Term Debt | 40M | 134M | 133M | 82M | 94.3M | 102.0M | |
Good Will | 408.1M | 504.9M | 492.7M | 503.2M | 578.7M | 311.3M | |
Treasury Stock | (107.4M) | (107.3M) | (107.1M) | (107.1M) | (96.4M) | (101.2M) | |
Property Plant Equipment | 139.9M | 186.1M | 185.1M | 195.3M | 224.6M | 114.0M | |
Current Deferred Revenue | 100.6M | 108.8M | 125.0M | 112.3M | 129.1M | 135.6M | |
Net Tangible Assets | 206.9M | 105.6M | 161.0M | 235.8M | 271.2M | 284.8M | |
Long Term Debt Total | 293.4M | 40M | 134M | 133M | 153.0M | 132.1M | |
Capital Surpluse | 292.4M | 293.7M | 297.6M | 301.6M | 346.8M | 316.4M |
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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 ESCO Technologies is a strong investment it is important to analyze ESCO Technologies' 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 ESCO Technologies' future performance. For an informed investment choice regarding ESCO Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESCO Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade ESCO Stock refer to our How to Trade ESCO Stock guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Industrial Machinery & Supplies & Components 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 ESCO Technologies. If investors know ESCO 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 ESCO 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 (0.10) | Earnings Share 3.93 | Revenue Per Share 38.821 | Quarterly Revenue Growth 0.088 | Return On Assets 0.0496 |
The market value of ESCO Technologies is measured differently than its book value, which is the value of ESCO that is recorded on the company's balance sheet. Investors also form their own opinion of ESCO Technologies' value that differs from its market value or its book value, called intrinsic value, which is ESCO 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 ESCO Technologies' market value can be influenced by many factors that don't directly affect ESCO 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 ESCO Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if ESCO Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESCO 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.