Element Global Profit Margin vs. Return On Equity
| ELGL Stock | USD 0.0001 0.00 0.00% |
For Element Global profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Element Global to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Element Global utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Element Global's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Element Global over time as well as its relative position and ranking within its peers.
Element |
Is Industrial Conglomerates space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Element Global. If investors know Element will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Element Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.004 | Revenue Per Share 0.016 | Quarterly Revenue Growth (0.94) | Return On Assets 0.2474 | Return On Equity 0.4989 |
The market value of Element Global is measured differently than its book value, which is the value of Element that is recorded on the company's balance sheet. Investors also form their own opinion of Element Global's value that differs from its market value or its book value, called intrinsic value, which is Element Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Element Global's market value can be influenced by many factors that don't directly affect Element Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Element Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Element Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Element Global'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.
Element Global Return On Equity vs. Profit Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Element Global's current stock value. Our valuation model uses many indicators to compare Element Global value to that of its competitors to determine the firm's financial worth. Element Global is one of the top stocks in profit margin category among its peers. It also is one of the top stocks in return on equity category among its peers reporting about 2.32 of Return On Equity per Profit Margin. Comparative valuation analysis is a catch-all technique that is used if you cannot value Element Global by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Element Return On Equity vs. Profit Margin
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Element Global |
| = | 0.22 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Element Global |
| = | 0.5 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Element Return On Equity Comparison
Element Global is currently under evaluation in return on equity category among its peers.
Element Global Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Element Global, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Element Global will eventually generate negative long term returns. The profitability progress is the general direction of Element Global's change in net profit over the period of time. It can combine multiple indicators of Element Global, 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 Reported | Projected for Next Year | ||
| Operating Income | 11.9 M | 12.4 M | |
| Net Income From Continuing Ops | 11.9 M | 12.4 M | |
| Income Before Tax | 11.9 M | 12.4 M | |
| Net Income Applicable To Common Shares | 11.9 M | 12.4 M | |
| Net Income | 11.9 M | 12.4 M |
Element Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Element Global. 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 Element Global 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 Element Global's important profitability drivers and their relationship over time.
Use Element Global 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 Element Global 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 Element Global will appreciate offsetting losses from the drop in the long position's value.Element Global Pair Trading
Element Global Pair Trading Analysis
The ability to find closely correlated positions to Element Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Element Global 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 Element Global - 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 Element Global to buy it.
The correlation of Element Global 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 Element Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Element Global 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 Element Global 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.Use Investing Themes to Complement your Element Global position
In addition to having Element Global 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 Processed Foods Thematic Idea Now
Processed Foods
Companies producing and distributing processed foods to retail sectors. The Processed Foods theme has 45 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 Processed Foods Theme or any other thematic opportunities.
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Check out Investing Opportunities. For more information on how to buy Element Stock please use our How to buy in Element Stock guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
To fully project Element Global's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Element Global 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 Element Global's income statement, its balance sheet, and the statement of cash flows.