Emmis Communications Current Valuation vs. Cash Per Share

Based on Emmis Communications' profitability indicators, Emmis Communications Corp may not be well positioned to generate adequate gross income at this time. It has a very high risk of underperforming in April. Profitability indicators assess Emmis Communications' ability to earn profits and add value for shareholders.
For Emmis Communications profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Emmis Communications to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Emmis Communications Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Emmis Communications's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Emmis Communications Corp over time as well as its relative position and ranking within its peers.
  
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Please note, there is a significant difference between Emmis Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Emmis Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Emmis Communications' 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.

Emmis Communications Corp Cash Per Share vs. Current Valuation Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Emmis Communications's current stock value. Our valuation model uses many indicators to compare Emmis Communications value to that of its competitors to determine the firm's financial worth.
Emmis Communications Corp is rated as one of the top companies in current valuation category among its peers. It also is one of the top stocks in cash per share category among its peers . The ratio of Current Valuation to Cash Per Share for Emmis Communications Corp is about  4,344,099 . 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 Emmis Communications' earnings, one of the primary drivers of an investment's value.

Emmis Current Valuation vs. Competition

Emmis Communications Corp is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Communication Services industry is currently estimated at about 34.57 Billion. Emmis Communications adds roughly 30.15 Million in current valuation claiming only tiny portion of stocks in Communication Services industry.

Emmis Cash Per Share vs. Current Valuation

Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Emmis Communications

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
30.15 M
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Emmis Communications

Cash Per Share

 = 

Total Cash

Average Shares

 = 
6.94 X
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.

Emmis Cash Per Share Comparison

Emmis Communications is currently under evaluation in cash per share category among its peers.

Emmis Communications Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Emmis Communications, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Emmis Communications will eventually generate negative long term returns. The profitability progress is the general direction of Emmis Communications' change in net profit over the period of time. It can combine multiple indicators of Emmis Communications, 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.
Emmis Corporation, a diversified media company, engages in radio broadcasting activities in the United States. Emmis Corporation was founded in 1980 and is headquartered in Indianapolis, Indiana. EMMIS COMMUNICATIONS operates under Broadcasting classification in the United States and is traded on OTC Exchange. It employs 234 people.

Emmis Profitability Driver Comparison

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

Use Emmis Communications 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 Emmis Communications 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 Emmis Communications will appreciate offsetting losses from the drop in the long position's value.

Emmis Communications Pair Trading

Emmis Communications Corp Pair Trading Analysis

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

In addition to having Emmis Communications 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 Apparel Thematic Idea Now

Apparel
Apparel Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Apparel theme has 50 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 Apparel Theme or any other thematic opportunities.
View All  Next Launch
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Other Consideration for investing in Emmis Pink Sheet

If you are still planning to invest in Emmis Communications Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Emmis Communications' history and understand the potential risks before investing.
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Stocks Directory
Find actively traded stocks across global markets
Money Managers
Screen money managers from public funds and ETFs managed around the world
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing