EVe Mobility Return On Equity vs. EBITDA
| EVE Stock | USD 11.29 0.01 0.09% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.009481 | Current Value 0.009955 | Quarterly Volatility 0.00480648 |
For EVe Mobility profitability analysis, we use financial ratios and fundamental drivers that measure the ability of EVe Mobility to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well EVe Mobility Acquisition utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between EVe Mobility's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of EVe Mobility Acquisition over time as well as its relative position and ranking within its peers.
EVe |
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 EVe Mobility. If investors know EVe 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 EVe Mobility 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 0.07 | Earnings Share 0.25 | Return On Assets (0.01) | Return On Equity 2.171 |
The market value of EVe Mobility Acquisition is measured differently than its book value, which is the value of EVe that is recorded on the company's balance sheet. Investors also form their own opinion of EVe Mobility's value that differs from its market value or its book value, called intrinsic value, which is EVe Mobility'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 EVe Mobility's market value can be influenced by many factors that don't directly affect EVe Mobility'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 EVe Mobility's value and its price as these two are different measures arrived at by different means. Investors typically determine if EVe Mobility is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EVe Mobility'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.
EVe Mobility Acquisition EBITDA vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining EVe Mobility's current stock value. Our valuation model uses many indicators to compare EVe Mobility value to that of its competitors to determine the firm's financial worth. EVe Mobility Acquisition is one of the top stocks in return on equity category among its peers. It is rated # 4 in ebitda category among its peers . At present, EVe Mobility's Return On Equity is projected to increase slightly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value EVe Mobility 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.EVe EBITDA vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
EVe Mobility |
| = | 2.17 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
EVe Mobility |
| = | (1.05 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
EVe EBITDA Comparison
EVe Mobility is currently under evaluation in ebitda category among its peers.
EVe Mobility Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in EVe Mobility, profitability is also one of the essential criteria for including it into their portfolios because, without profit, EVe Mobility will eventually generate negative long term returns. The profitability progress is the general direction of EVe Mobility's change in net profit over the period of time. It can combine multiple indicators of EVe Mobility, 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 | -229.5 M | -241 M | |
| Interest Income | 8.5 M | 4.4 M | |
| Operating Income | -1.4 M | -1.5 M | |
| Income Before Tax | 7.1 M | 7.4 M | |
| Total Other Income Expense Net | 4.2 M | 4.4 M | |
| Net Income Applicable To Common Shares | 3 M | 3.2 M | |
| Net Income | 7.1 M | 7.4 M | |
| Income Tax Expense | -3.3 M | -3.1 M | |
| Net Interest Income | 8.5 M | 6.7 M | |
| Net Income From Continuing Ops | 7.1 M | 7.4 M | |
| Change To Netincome | -3.3 M | -3.1 M | |
| Net Income Per Share | 0.07 | 0.07 | |
| Income Quality | (0.28) | (0.27) |
EVe Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on EVe Mobility. 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 EVe Mobility 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 EVe Mobility's important profitability drivers and their relationship over time.
Use EVe Mobility 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 EVe Mobility 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 EVe Mobility will appreciate offsetting losses from the drop in the long position's value.EVe Mobility Pair Trading
EVe Mobility Acquisition Pair Trading Analysis
The ability to find closely correlated positions to EVe Mobility could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EVe Mobility 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 EVe Mobility - 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 EVe Mobility Acquisition to buy it.
The correlation of EVe Mobility 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 EVe Mobility moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EVe Mobility Acquisition 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 EVe Mobility 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 EVe Mobility position
In addition to having EVe Mobility 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 EVe Mobility's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of EVe Mobility Acquisition 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 EVe Mobility's income statement, its balance sheet, and the statement of cash flows.