E L Financial 3 Preferred Stock Earnings Per Share
| ELF-PH Preferred Stock | CAD 22.37 0.01 0.04% |
E L Financial 3 fundamentals help investors to digest information that contributes to E L's financial success or failures. It also enables traders to predict the movement of ELF-PH Preferred Stock. The fundamental analysis module provides a way to measure E L'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 E L preferred stock.
ELF-PH |
E L Financial 3 Company Earnings Per Share Analysis
E L's Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Current E L Earnings Per Share | 114.28 X |
Most of E L's fundamental indicators, such as Earnings Per Share, 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, E L Financial 3 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
| Competition |
According to the company disclosure, E L Financial 3 has an Earnings Per Share of 114 times. This is much higher than that of the Financial Services sector and notably higher than that of the Insurance - Property & Casualty industry. The earnings per share for all Canada preferred stocks is notably lower than that of the firm.
ELF-PH Earnings Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses E L's direct or indirect competition against its Earnings Per Share to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of E L could also be used in its relative valuation, which is a method of valuing E L by comparing valuation metrics of similar companies.E L is currently under evaluation in earnings per share category among its peers.
ELF-PH Fundamentals
| Return On Equity | -0.0685 | ||||
| Return On Asset | -0.0149 | ||||
| Operating Margin | 1.13 % | ||||
| Current Valuation | 1.81 B | ||||
| Shares Outstanding | 4.09 M | ||||
| Shares Owned By Institutions | 12.41 % | ||||
| Number Of Shares Shorted | 10.74 K | ||||
| Price To Earning | 0.51 X | ||||
| Price To Sales | 1.80 X | ||||
| Revenue | 2.32 B | ||||
| Gross Profit | 1.77 B | ||||
| EBITDA | (560.92 M) | ||||
| Net Income | 1.17 B | ||||
| Cash And Equivalents | 370.5 M | ||||
| Cash Per Share | 94.35 X | ||||
| Total Debt | 602.16 M | ||||
| Debt To Equity | 7.00 % | ||||
| Current Ratio | 0.49 X | ||||
| Book Value Per Share | 1,721 X | ||||
| Cash Flow From Operations | 348.1 M | ||||
| Short Ratio | 3.98 X | ||||
| Earnings Per Share | 114.28 X | ||||
| Beta | 0.74 | ||||
| Market Capitalization | 2.68 B | ||||
| Total Asset | 26.79 B | ||||
| Z Score | 2.4 | ||||
| Annual Yield | 0.06 % | ||||
| Five Year Return | 5.55 % | ||||
| Net Asset | 26.79 B | ||||
| Last Dividend Paid | 10.0 |
About E L Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze E L Financial 3's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of E L using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of E L Financial 3 based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with E L
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 L 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 L will appreciate offsetting losses from the drop in the long position's value.Moving against ELF-PH Preferred Stock
| 0.77 | ELF | E L Financial | PairCorr |
| 0.62 | FFH-PD | Fairfax Financial | PairCorr |
| 0.55 | FFH-PM | Fairfax Financial | PairCorr |
| 0.54 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.53 | TPX-B | Molson Coors Canada | PairCorr |
The ability to find closely correlated positions to E L 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 L 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 L - 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 L Financial 3 to buy it.
The correlation of E L 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 L moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if E L Financial 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 L 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.Other Information on Investing in ELF-PH Preferred Stock
E L financial ratios help investors to determine whether ELF-PH Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ELF-PH with respect to the benefits of owning E L security.