Ellsworth Convertible Return On Asset vs. Profit Margin
| ECF Stock | USD 9.72 0.06 0.62% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.7 | 0.69 |
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| Net Profit Margin | 1.4 | 1.05 |
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| Pretax Profit Margin | 1.4 | 1.05 |
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For Ellsworth Convertible profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ellsworth Convertible to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ellsworth Convertible Growth utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ellsworth Convertible's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ellsworth Convertible Growth over time as well as its relative position and ranking within its peers.
Ellsworth |
Is Asset Management & Custody Banks 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 Ellsworth Convertible. If investors know Ellsworth 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 Ellsworth Convertible 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 0.456 | Dividend Share 0.52 | Earnings Share 0.46 | Revenue Per Share 0.432 | Quarterly Revenue Growth 0.184 |
The market value of Ellsworth Convertible is measured differently than its book value, which is the value of Ellsworth that is recorded on the company's balance sheet. Investors also form their own opinion of Ellsworth Convertible's value that differs from its market value or its book value, called intrinsic value, which is Ellsworth Convertible'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 Ellsworth Convertible's market value can be influenced by many factors that don't directly affect Ellsworth Convertible'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 Ellsworth Convertible's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ellsworth Convertible is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ellsworth Convertible'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.
Ellsworth Convertible Profit Margin vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ellsworth Convertible's current stock value. Our valuation model uses many indicators to compare Ellsworth Convertible value to that of its competitors to determine the firm's financial worth. Ellsworth Convertible Growth is rated # 3 in return on asset category among its peers. It is rated below average in profit margin category among its peers fabricating about 122.82 of Profit Margin per Return On Asset. At this time, Ellsworth Convertible's Net Profit Margin is most likely to increase slightly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Ellsworth Convertible by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Ellsworth Profit Margin vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Ellsworth Convertible |
| = | 0.0137 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Ellsworth Convertible |
| = | 1.68 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Ellsworth Profit Margin Comparison
Ellsworth Convertible is currently under evaluation in profit margin category among its peers.
Ellsworth Convertible Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ellsworth Convertible, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ellsworth Convertible will eventually generate negative long term returns. The profitability progress is the general direction of Ellsworth Convertible's change in net profit over the period of time. It can combine multiple indicators of Ellsworth Convertible, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -146 M | -138.7 M | |
| Operating Income | 7.3 M | 6.6 M | |
| Income Before Tax | 7.3 M | 8.2 M | |
| Total Other Income Expense Net | 1.80 | 1.71 | |
| Net Income | 7.3 M | 9.2 M | |
| Net Income From Continuing Ops | 7.3 M | 8.3 M | |
| Net Loss | -47.3 M | -45 M | |
| Income Tax Expense | 7.3 M | 3.9 M | |
| Interest Income | 3.8 M | 3.6 M | |
| Net Interest Income | 4.9 M | 5.1 M | |
| Net Income Per Share | 0.53 | 0.87 | |
| Income Quality | 1.15 | 1.10 |
Ellsworth Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ellsworth Convertible. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Ellsworth Convertible position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Ellsworth Convertible's important profitability drivers and their relationship over time.
Use Ellsworth Convertible in pair-trading
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 Ellsworth Convertible 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 Ellsworth Convertible will appreciate offsetting losses from the drop in the long position's value.Ellsworth Convertible Pair Trading
Ellsworth Convertible Growth Pair Trading Analysis
The ability to find closely correlated positions to Ellsworth Convertible could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ellsworth Convertible 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 Ellsworth Convertible - 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 Ellsworth Convertible Growth to buy it.
The correlation of Ellsworth Convertible 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 Ellsworth Convertible moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ellsworth Convertible 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 Ellsworth Convertible 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.Use Investing Themes to Complement your Ellsworth Convertible position
In addition to having Ellsworth Convertible in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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To fully project Ellsworth Convertible's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ellsworth Convertible at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Ellsworth Convertible's income statement, its balance sheet, and the statement of cash flows.