Elutia Revenue vs. Beta
| ELUT Stock | 4.19 0.19 4.75% |
Total Revenue | First Reported 2010-12-31 | Previous Quarter 24.7 M | Current Value 29.1 M | Quarterly Volatility 7.4 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.36 | 0.4467 |
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For Elutia profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Elutia to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Elutia Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Elutia's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Elutia Inc over time as well as its relative position and ranking within its peers.
Elutia |
Elutia's Revenue Breakdown by Earning Segment
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Is Biotechnology 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 Elutia. If investors know Elutia 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 Elutia listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.35) | Revenue Per Share 1.122 | Quarterly Revenue Growth (0.01) | Return On Assets (0.29) |
The market value of Elutia Inc is measured differently than its book value, which is the value of Elutia that is recorded on the company's balance sheet. Investors also form their own opinion of Elutia's value that differs from its market value or its book value, called intrinsic value, which is Elutia'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 Elutia's market value can be influenced by many factors that don't directly affect Elutia'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 Elutia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Elutia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elutia'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.
Elutia Inc Beta vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Elutia's current stock value. Our valuation model uses many indicators to compare Elutia value to that of its competitors to determine the firm's financial worth. Elutia Inc is rated below average in revenue category among its peers. It is rated below average in beta category among its peers . The ratio of Revenue to Beta for Elutia Inc is about 32,559,211 . At this time, Elutia's Total Revenue is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Elutia 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.Elutia Revenue vs. Competition
Elutia Inc is rated below average in revenue category among its peers. Market size based on revenue of Health Care industry is currently estimated at about 1.58 Billion. Elutia claims roughly 24.75 Million in revenue contributing just under 2% to equities under Health Care industry.
Elutia Beta 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.
Elutia |
| = | 24.75 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.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Elutia |
| = | 0.76 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Elutia Beta Comparison
Elutia is currently under evaluation in beta category among its peers.
Beta Analysis
As returns on the market increase, Elutia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Elutia is expected to be smaller as well.
Elutia Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Elutia, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Elutia will eventually generate negative long term returns. The profitability progress is the general direction of Elutia's change in net profit over the period of time. It can combine multiple indicators of Elutia, 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 | -72.2 M | -75.8 M | |
| Net Interest Income | -5.8 M | -6.1 M | |
| Operating Income | -30.5 M | -32.1 M | |
| Net Loss | -41.2 M | -43.3 M | |
| Income Before Tax | -41.2 M | -43.3 M | |
| Total Other Income Expense Net | -10.7 M | -10.2 M | |
| Net Loss | -29.6 M | -31.1 M | |
| Net Loss | -37.7 M | -39.5 M | |
| Income Tax Expense | 28 K | 38.1 K | |
| Change To Netincome | 1.7 M | 2.6 M | |
| Net Loss | (2.07) | (2.18) | |
| Income Quality | 0.58 | 0.48 | |
| Net Income Per E B T | 0.91 | 1.07 |
Elutia Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Elutia. 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 Elutia 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 Elutia's important profitability drivers and their relationship over time.
Use Elutia 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 Elutia 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 Elutia will appreciate offsetting losses from the drop in the long position's value.Elutia Pair Trading
Elutia Inc Pair Trading Analysis
The ability to find closely correlated positions to Elutia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Elutia 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 Elutia - 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 Elutia Inc to buy it.
The correlation of Elutia 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 Elutia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Elutia Inc 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 Elutia 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 Elutia position
In addition to having Elutia 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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Additional Tools for Elutia Stock Analysis
When running Elutia's price analysis, check to measure Elutia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Elutia is operating at the current time. Most of Elutia's value examination focuses on studying past and present price action to predict the probability of Elutia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elutia's price. Additionally, you may evaluate how the addition of Elutia to your portfolios can decrease your overall portfolio volatility.