Electra Co Return On Asset vs. Revenue

ECP Stock   10,210  100.00  0.99%   
Considering Electra Co's profitability and operating efficiency indicators, Electra Co Pr may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Electra Co's ability to earn profits and add value for shareholders.
For Electra Co profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Electra Co to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Electra Co Pr utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Electra Co's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Electra Co Pr over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Electra Co's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electra Co is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electra Co'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.

Electra Co Pr Revenue vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Electra Co's current stock value. Our valuation model uses many indicators to compare Electra Co value to that of its competitors to determine the firm's financial worth.
Electra Co Pr is one of the top stocks in return on asset category among its peers. It also is rated as one of the top companies in revenue category among its peers totaling about  214,218,709,677  of Revenue per Return On Asset. Comparative valuation analysis is a catch-all model that can be used if you cannot value Electra Co by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Electra Co's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Electra Revenue vs. Return On Asset

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.

Electra Co

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0217
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.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Electra Co

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
4.65 B
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Electra Revenue vs Competition

Electra Co Pr is rated as one of the top companies in revenue category among its peers. Market size based on revenue of Consumer Discretionary industry is currently estimated at about 29.22 Billion. Electra Co retains roughly 4.65 Billion in revenue claiming about 16% of stocks in Consumer Discretionary industry.

Electra Co Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Electra Co, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Electra Co will eventually generate negative long term returns. The profitability progress is the general direction of Electra Co's change in net profit over the period of time. It can combine multiple indicators of Electra Co, 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.
Electra Consumer Products Ltd manufactures, imports, exports, sells, distributes, markets, and provides services to a range of consumer electric products in Israel. The company was founded in 1945 and is based in Rishon LeZion, Israel. ELECTRA CONSUMER is traded on Tel Aviv Stock Exchange in Israel.

Electra Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Electra Co. 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 Electra Co 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 Electra Co's important profitability drivers and their relationship over time.

Use Electra Co 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 Electra Co 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 Electra Co will appreciate offsetting losses from the drop in the long position's value.

Electra Co Pair Trading

Electra Co Pr Pair Trading Analysis

The ability to find closely correlated positions to Electra Co could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Electra Co 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 Electra Co - 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 Electra Co Pr to buy it.
The correlation of Electra Co 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 Electra Co moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Electra Co Pr 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 Electra Co 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Electra Co position

In addition to having Electra Co 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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Measuring and Control Equipment
Measuring and Control Equipment Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Measuring and Control Equipment theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Measuring and Control Equipment Theme or any other thematic opportunities.
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Other Information on Investing in Electra Stock

To fully project Electra Co's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Electra Co Pr 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 Electra Co's income statement, its balance sheet, and the statement of cash flows.
Potential Electra Co investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Electra Co investors may work on each financial statement separately, they are all related. The changes in Electra Co's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Electra Co's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.