Eaco Corp Stock Price To Sales
Eaco Corp fundamentals help investors to digest information that contributes to Eaco Corp's financial success or failures. It also enables traders to predict the movement of Eaco Pink Sheet. The fundamental analysis module provides a way to measure Eaco Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Eaco Corp pink sheet.
Eaco |
Eaco Corp Company Price To Sales Analysis
Eaco Corp's 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.
Current Eaco Corp Price To Sales | 0.50 X |
Most of Eaco Corp's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Eaco Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionBased on the latest financial disclosure, Eaco Corp has a Price To Sales of 0.4985 times. This is 89.55% lower than that of the Electronic Equipment, Instruments & Components sector and significantly higher than that of the Information Technology industry. The price to sales for all United States stocks is 95.63% higher than that of the company.
Eaco Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eaco Corp's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Eaco Corp could also be used in its relative valuation, which is a method of valuing Eaco Corp by comparing valuation metrics of similar companies.Eaco Corp is currently under evaluation in price to sales category among its peers.
Eaco Fundamentals
| Return On Equity | 0.23 | ||||
| Return On Asset | 0.13 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 139.69 M | ||||
| Shares Outstanding | 4.86 M | ||||
| Shares Owned By Insiders | 95.91 % | ||||
| Price To Earning | 22.92 X | ||||
| Price To Book | 1.66 X | ||||
| Price To Sales | 0.50 X | ||||
| Revenue | 237.96 M | ||||
| Gross Profit | 83.5 M | ||||
| EBITDA | 13.43 M | ||||
| Net Income | 8.39 M | ||||
| Cash And Equivalents | 21.31 M | ||||
| Cash Per Share | 4.38 X | ||||
| Total Debt | 4.46 M | ||||
| Debt To Equity | 0.17 % | ||||
| Current Ratio | 2.97 X | ||||
| Book Value Per Share | 19.00 X | ||||
| Cash Flow From Operations | 8.82 M | ||||
| Earnings Per Share | 3.93 X | ||||
| Number Of Employees | 506 | ||||
| Beta | 0.16 | ||||
| Market Capitalization | 139.77 M | ||||
| Total Asset | 110.39 M | ||||
| Retained Earnings | 17.68 M | ||||
| Working Capital | 28.55 M | ||||
| Current Asset | 48.31 M | ||||
| Current Liabilities | 19.75 M | ||||
| Z Score | 20.6 | ||||
| Net Asset | 110.39 M |
Pair Trading with Eaco Corp
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 Eaco Corp 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 Eaco Corp will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Fluor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fluor 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 Fluor - 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 Fluor to buy it.
The correlation of Fluor 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 Fluor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fluor 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 Fluor 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.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Other Consideration for investing in Eaco Pink Sheet
If you are still planning to invest in Eaco Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Eaco Corp's history and understand the potential risks before investing.
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