EcoPlus Book Value Per Share vs. Z Score
| ECPL Stock | USD 0.01 0.01 37.50% |
For EcoPlus profitability analysis, we use financial ratios and fundamental drivers that measure the ability of EcoPlus to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well EcoPlus utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between EcoPlus's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of EcoPlus over time as well as its relative position and ranking within its peers.
EcoPlus |
EcoPlus Z Score vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining EcoPlus's current stock value. Our valuation model uses many indicators to compare EcoPlus value to that of its competitors to determine the firm's financial worth. EcoPlus is one of the top stocks in book value per share category among its peers. It is rated below average in z score category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the EcoPlus' earnings, one of the primary drivers of an investment's value.EcoPlus Z Score vs. Book Value Per Share
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
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| = | (0.18) X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
EcoPlus |
| = | -36.3 |
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
EcoPlus Z Score Comparison
EcoPlus is currently under evaluation in z score category among its peers.
EcoPlus Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in EcoPlus, profitability is also one of the essential criteria for including it into their portfolios because, without profit, EcoPlus will eventually generate negative long term returns. The profitability progress is the general direction of EcoPlus' change in net profit over the period of time. It can combine multiple indicators of EcoPlus, 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.
EcoPlus Inc. provides a solution for managing fats, oils, and grease from food service establishments and food processors. The company was founded in 2004 and is based in Huntersville, North Carolina. Ecoplus operates under Waste Management classification in the United States and is traded on OTC Exchange. It employs 3 people.
EcoPlus Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on EcoPlus. 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 EcoPlus 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 EcoPlus' important profitability drivers and their relationship over time.
Learn to be your own money manager
Our tools can tell you how much better you can do entering a position in EcoPlus without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Odds Of BankruptcyGet analysis of equity chance of financial distress in the next 2 years |
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Use Investing Themes to Complement your EcoPlus position
In addition to having EcoPlus 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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Computers
Companies that manufacture and distribute personal and business computers. The Computers theme has 41 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 Computers Theme or any other thematic opportunities.
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Other Information on Investing in EcoPlus Pink Sheet
To fully project EcoPlus' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of EcoPlus 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 EcoPlus' income statement, its balance sheet, and the statement of cash flows.