E L Operating Margin vs. Shares Outstanding

ELF Stock  CAD 1,388  11.99  0.86%   
Taking into consideration E L's profitability measurements, E L's profitability may be sliding down. It has an above-average chance of reporting lower numbers next quarter. Profitability indicators assess E L's ability to earn profits and add value for shareholders.

E L Operating Profit Margin

1.02

At this time, E L's Price To Sales Ratio is very stable compared to the past year. As of the 16th of December 2024, EV To Sales is likely to grow to 1.49, while Days Sales Outstanding is likely to drop 0.09. At this time, E L's Net Income Per Share is very stable compared to the past year.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin1.161.31
Fairly Down
Slightly volatile
For E L profitability analysis, we use financial ratios and fundamental drivers that measure the ability of E L to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well E L Financial Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between E L's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of E L Financial Corp 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 E L's value and its price as these two are different measures arrived at by different means. Investors typically determine if E L is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, E L'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.

E L Financial Shares Outstanding vs. Operating Margin Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining E L's current stock value. Our valuation model uses many indicators to compare E L value to that of its competitors to determine the firm's financial worth.
E L Financial Corp is one of the top stocks in operating margin category among its peers. It also is one of the top stocks in shares outstanding category among its peers creating about  3,767,116  of Shares Outstanding per Operating Margin. At this time, E L's Operating Profit Margin is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value E L by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for E L'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.

ELF Shares Outstanding vs. Operating Margin

Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.

E L

Operating Margin

 = 

Operating Income

Revenue

X

100

 = 
0.92 %
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

E L

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
3.46 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

ELF Shares Outstanding Comparison

E L is currently under evaluation in shares outstanding category among its peers.

E L Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in E L, profitability is also one of the essential criteria for including it into their portfolios because, without profit, E L will eventually generate negative long term returns. The profitability progress is the general direction of E L's change in net profit over the period of time. It can combine multiple indicators of E L, 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.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income22.8 M20.5 M
Operating Income2.7 B2.8 B
Income Before Tax1.3 B1.3 B
Total Other Income Expense Net-1.4 B-1.3 B
Net Income1.1 B1.1 B
Income Tax Expense179.4 M188.3 M
Net Income From Continuing Ops1.1 B660.2 M
Net Loss-170.9 M-162.4 M
Interest Income359.1 M651.9 M
Net Interest Income-25.9 M-27.2 M
Change To Netincome733.9 M770.6 M
Net Income Per Share 276.49  290.32 
Income Quality 0.67  0.61 
Net Income Per E B T 0.75  0.44 

ELF Profitability Driver Comparison

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

Use E L 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 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.

E L Pair Trading

E L Financial Corp Pair Trading Analysis

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 Corp 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your E L position

In addition to having E L 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?

Run Communication Services Thematic Idea Now

Communication Services
Communication Services Theme
Companies that provide networking, telecom, and long distance services. The Communication Services theme has 37 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 Communication Services Theme or any other thematic opportunities.
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Other Information on Investing in ELF Stock

To fully project E L's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of E L Financial 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 E L's income statement, its balance sheet, and the statement of cash flows.
Potential E L investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although E L investors may work on each financial statement separately, they are all related. The changes in E L's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on E L'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.