Based on E Split's profitability indicators, E Split's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess E Split's ability to earn profits and add value for shareholders.
E Split Price To Sales Ratio
(19.85)
As of the 28th of November 2024, Price To Sales Ratio is likely to grow to -19.85. In addition to that, Days Sales Outstanding is likely to grow to -4.23. At this time, E Split's Net Interest Income is very stable compared to the past year. As of the 28th of November 2024, Interest Income is likely to grow to about 484 K, though Operating Income is likely to grow to (13.9 M).
For E Split profitability analysis, we use financial ratios and fundamental drivers that measure the ability of E Split to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well E Split Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between E Split's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of E Split Corp over time as well as its relative position and ranking within its peers.
Please note, there is a significant difference between E Split's value and its price as these two are different measures arrived at by different means. Investors typically determine if E Split is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, E Split'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.
E Split Corp Current Valuation vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining E Split's current stock value. Our valuation model uses many indicators to compare E Split value to that of its competitors to determine the firm's financial worth.
E Split Corp is one of the top stocks in price to sales category among its peers. It also is rated as one of the top companies in current valuation category among its peers reporting about 12,336,663 of Current Valuation per Price To Sales. At this time, E Split's Price To Sales Ratio is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value E Split by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for E Split's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
ENS Current Valuation vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
E Split
P/S
=
MV Per Share
Revenue Per Share
=
10.64 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
E Split
Enterprise Value
=
Market Cap + Debt
-
Cash
=
131.28 M
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
ENS Current Valuation vs Competition
E Split Corp is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Energy industry is currently estimated at about 3.21 Trillion. E Split adds roughly 131.28 Million in current valuation claiming only tiny portion of equities under Energy industry.
The most important aspect of a successful company is its ability to generate a profit. For investors in E Split, profitability is also one of the essential criteria for including it into their portfolios because, without profit, E Split will eventually generate negative long term returns. The profitability progress is the general direction of E Split's change in net profit over the period of time. It can combine multiple indicators of E Split, 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.
Profitability drivers are factors that can directly affect your investment outlook on E Split. 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 E Split 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 E Split's important profitability drivers and their relationship over time.
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 E Split 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 E Split will appreciate offsetting losses from the drop in the long position's value.
E Split Pair Trading
E Split Corp Pair Trading Analysis
The ability to find closely correlated positions to E Split could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace E Split 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 E Split - 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 E Split Corp to buy it.
The correlation of E Split 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 E Split moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if E Split Corp 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 E Split 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.
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Latest Gainers
Dynamically computed list of top equities currently sorted across major exchanges. The Latest Gainers theme has 171 constituents at this time.
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To fully project E Split's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of E Split Corp 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 E Split's income statement, its balance sheet, and the statement of cash flows.
Potential E Split investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although E Split investors may work on each financial statement separately, they are all related. The changes in E Split's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on E Split's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
