Elementis PLC Revenue vs. Market Capitalization
| ELM Stock | 132.60 0.40 0.30% |
Total Revenue | First Reported 2005-03-31 | Previous Quarter 349.6 M | Current Value 382.6 M | Quarterly Volatility 121.9 M |
For Elementis PLC profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Elementis PLC to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Elementis PLC utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Elementis PLC's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Elementis PLC over time as well as its relative position and ranking within its peers.
Elementis |
Elementis PLC Market Capitalization vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Elementis PLC's current stock value. Our valuation model uses many indicators to compare Elementis PLC value to that of its competitors to determine the firm's financial worth. Elementis PLC is rated as one of the top companies in revenue category among its peers. It also is one of the top stocks in market capitalization category among its peers creating about 1.09 of Market Capitalization per Revenue. At present, Elementis PLC's Total Revenue is projected to decrease significantly based on the last few years of reporting. 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 Elementis PLC's earnings, one of the primary drivers of an investment's value.Elementis Revenue vs. Competition
Elementis PLC is rated as one of the top companies in revenue category among its peers. Market size based on revenue of Materials industry is currently estimated at about 10.64 Billion. Elementis PLC holds roughly 713.4 Million in revenue claiming about 7% of all equities under Materials industry.
Elementis Market Capitalization vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Elementis PLC |
| = | 713.4 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Elementis PLC |
| = | 779.26 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Elementis Market Capitalization vs Competition
Elementis PLC is one of the top stocks in market capitalization category among its peers. Market capitalization of Materials industry is currently estimated at about 1.46 Trillion. Elementis PLC adds roughly 779.26 Million in market capitalization claiming only tiny portion of all equities under Materials industry.
Elementis PLC Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Elementis PLC, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Elementis PLC will eventually generate negative long term returns. The profitability progress is the general direction of Elementis PLC's change in net profit over the period of time. It can combine multiple indicators of Elementis PLC, 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 | 70.1 M | 73.6 M | |
| Operating Income | 58.9 M | 73.4 M | |
| Income Before Tax | 39.7 M | 64.2 M | |
| Total Other Income Expense Net | -19.2 M | -20.2 M | |
| Net Income | 26.5 M | 25.2 M | |
| Income Tax Expense | 11.5 M | 17.1 M | |
| Net Loss | -46 M | -43.7 M | |
| Net Income From Continuing Ops | 28.2 M | 40.3 M | |
| Net Interest Income | -17.3 M | -18.2 M | |
| Interest Income | 1.9 M | 2 M | |
| Change To Netincome | 31.7 M | 33.3 M |
Elementis Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Elementis PLC. 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 Elementis PLC 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 Elementis PLC's important profitability drivers and their relationship over time.
Use Elementis PLC 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 Elementis PLC 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 Elementis PLC will appreciate offsetting losses from the drop in the long position's value.Elementis PLC Pair Trading
Elementis PLC Pair Trading Analysis
The ability to find closely correlated positions to Elementis PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Elementis PLC 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 Elementis PLC - 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 Elementis PLC to buy it.
The correlation of Elementis PLC 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 Elementis PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Elementis PLC 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 Elementis PLC 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 Elementis PLC position
In addition to having Elementis PLC 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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Other Information on Investing in Elementis Stock
To fully project Elementis PLC's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Elementis PLC 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 Elementis PLC's income statement, its balance sheet, and the statement of cash flows.