Elcom International Stock EBITDA
Elcom International fundamentals help investors to digest information that contributes to Elcom International's financial success or failures. It also enables traders to predict the movement of Elcom Pink Sheet. The fundamental analysis module provides a way to measure Elcom International'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 Elcom International pink sheet.
Elcom |
Elcom International Company EBITDA Analysis
Elcom International's 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.
Current Elcom International EBITDA | (2.4 M) |
Most of Elcom International's fundamental indicators, such as EBITDA, 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, Elcom International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionAccording to the company disclosure, Elcom International reported earnings before interest,tax, depreciation and amortization of (2.4 Million). This is 100.26% lower than that of the Software sector and significantly lower than that of the Information Technology industry. The ebitda for all United States stocks is 100.06% higher than that of the company.
Elcom EBITDA Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elcom International's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Elcom International could also be used in its relative valuation, which is a method of valuing Elcom International by comparing valuation metrics of similar companies.Elcom International is currently under evaluation in ebitda category among its peers.
Elcom Fundamentals
| Return On Asset | -0.5 | ||||
| Profit Margin | (0.48) % | ||||
| Operating Margin | (0.49) % | ||||
| Current Valuation | 6.63 M | ||||
| Price To Earning | (2.15) X | ||||
| Price To Sales | 1.15 X | ||||
| Revenue | 5.38 M | ||||
| Gross Profit | 4.18 M | ||||
| EBITDA | (2.4 M) | ||||
| Net Income | (3.77 M) | ||||
| Cash And Equivalents | 1.58 M | ||||
| Cash Per Share | 3.14 X | ||||
| Current Ratio | 0.53 X | ||||
| Book Value Per Share | (3.75) X | ||||
| Cash Flow From Operations | (3.76 M) | ||||
| Earnings Per Share | (5.57) X | ||||
| Price To Earnings To Growth | 1.04 X | ||||
| Number Of Employees | 39 | ||||
| Beta | 0.23 | ||||
| Market Capitalization | 6.63 M | ||||
| Total Asset | 3.85 M | ||||
| Retained Earnings | (134.38 M) | ||||
| Working Capital | (2.28 M) | ||||
| Current Asset | 2.56 M | ||||
| Current Liabilities | 4.84 M | ||||
| Z Score | -46.6 | ||||
| Annual Yield | 0 % | ||||
| Net Asset | 3.85 M |
Pair Trading with Elcom International
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 Elcom International 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 Elcom International will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Waters could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Waters 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 Waters - 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 Waters to buy it.
The correlation of Waters 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 Waters moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Waters 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 Waters 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Other Consideration for investing in Elcom Pink Sheet
If you are still planning to invest in Elcom International 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 Elcom International's history and understand the potential risks before investing.
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