Envista Holdings Gross Profit vs. Return On Asset
| NVST Stock | USD 22.33 0.33 1.50% |
Gross Profit | First Reported 2018-03-31 | Previous Quarter 329.9 M | Current Value 317.3 M | Quarterly Volatility 52.2 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.62 | 0.5652 |
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| Operating Profit Margin | 0.0117 | 0.0123 |
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For Envista Holdings profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Envista Holdings to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Envista Holdings Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Envista Holdings's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Envista Holdings Corp over time as well as its relative position and ranking within its peers.
Envista |
Envista Holdings' Revenue Breakdown by Earning Segment
Check out Correlation Analysis.
Is Health Care Equipment & Supplies 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 Envista Holdings. If investors know Envista 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 Envista Holdings 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 (0.60) | Earnings Share (7.82) | Revenue Per Share 14.554 | Quarterly Revenue Growth (0.05) | Return On Assets 0.0169 |
The market value of Envista Holdings Corp is measured differently than its book value, which is the value of Envista that is recorded on the company's balance sheet. Investors also form their own opinion of Envista Holdings' value that differs from its market value or its book value, called intrinsic value, which is Envista Holdings' 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 Envista Holdings' market value can be influenced by many factors that don't directly affect Envista Holdings' 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 Envista Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Envista Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Envista Holdings' 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.
Envista Holdings Corp Return On Asset vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Envista Holdings's current stock value. Our valuation model uses many indicators to compare Envista Holdings value to that of its competitors to determine the firm's financial worth. Envista Holdings Corp is regarded fourth in gross profit category among its peers. It is rated below average in return on asset category among its peers . The ratio of Gross Profit to Return On Asset for Envista Holdings Corp is about 88,349,112,426 . At this time, Envista Holdings' Gross Profit is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Envista Holdings 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.Envista Return On Asset vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Envista Holdings |
| = | 1.49 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.
Envista Holdings |
| = | 0.0169 |
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.
Envista Return On Asset Comparison
Envista Holdings is currently under evaluation in return on asset category among its peers.
Envista Holdings Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Envista Holdings, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Envista Holdings will eventually generate negative long term returns. The profitability progress is the general direction of Envista Holdings' change in net profit over the period of time. It can combine multiple indicators of Envista Holdings, 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 | -217.2 M | -206.3 M | |
| Operating Income | 31.5 M | 29.9 M | |
| Income Before Tax | -54.9 M | -52.2 M | |
| Net Income Applicable To Common Shares | 218.8 M | 191.4 M | |
| Net Loss | -100.2 M | -95.2 M | |
| Income Tax Expense | 45.3 M | 38.9 M | |
| Net Income From Continuing Ops | 190.7 M | 174.7 M | |
| Non Operating Income Net Other | 3.6 M | 3.7 M | |
| Total Other Income Expense Net | -86.4 M | -82.1 M | |
| Net Interest Income | -64 M | -60.8 M | |
| Interest Income | 3.1 M | 2.8 M | |
| Change To Netincome | 5.9 M | 5.6 M | |
| Net Loss | (0.60) | (0.57) | |
| Income Quality | (2.75) | (2.61) | |
| Net Income Per E B T | 1.83 | 1.92 |
Envista Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Envista Holdings. 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 Envista Holdings 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 Envista Holdings' important profitability drivers and their relationship over time.
Use Envista Holdings 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 Envista Holdings 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 Envista Holdings will appreciate offsetting losses from the drop in the long position's value.Envista Holdings Pair Trading
Envista Holdings Corp Pair Trading Analysis
The ability to find closely correlated positions to Envista Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Envista Holdings 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 Envista Holdings - 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 Envista Holdings Corp to buy it.
The correlation of Envista Holdings 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 Envista Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Envista Holdings 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 Envista Holdings 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 Envista Holdings position
In addition to having Envista Holdings 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 Envista Stock Analysis
When running Envista Holdings' price analysis, check to measure Envista Holdings' 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 Envista Holdings is operating at the current time. Most of Envista Holdings' value examination focuses on studying past and present price action to predict the probability of Envista Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Envista Holdings' price. Additionally, you may evaluate how the addition of Envista Holdings to your portfolios can decrease your overall portfolio volatility.