EverGen Infrastructure Return On Equity vs. Book Value Per Share

EVGN Stock   1.64  0.01  0.61%   
Based on the measurements of profitability obtained from EverGen Infrastructure's financial statements, EverGen Infrastructure Corp may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess EverGen Infrastructure's ability to earn profits and add value for shareholders.
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
(0.08)
Current Value
(0.08)
Quarterly Volatility
0.01113103
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, EverGen Infrastructure's Price To Sales Ratio is fairly stable compared to the past year. Days Sales Outstanding is likely to climb to 116.58 in 2024, whereas EV To Sales is likely to drop 4.18 in 2024. At this time, EverGen Infrastructure's Total Other Income Expense Net is fairly stable compared to the past year. Net Income Per E B T is likely to climb to 0.89 in 2024, whereas Net Loss is likely to drop (2.4 M) in 2024.
For EverGen Infrastructure profitability analysis, we use financial ratios and fundamental drivers that measure the ability of EverGen Infrastructure to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well EverGen Infrastructure Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between EverGen Infrastructure's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of EverGen Infrastructure 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 EverGen Infrastructure's value and its price as these two are different measures arrived at by different means. Investors typically determine if EverGen Infrastructure is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EverGen Infrastructure'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.

EverGen Infrastructure Book Value Per Share vs. Return On Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining EverGen Infrastructure's current stock value. Our valuation model uses many indicators to compare EverGen Infrastructure value to that of its competitors to determine the firm's financial worth.
EverGen Infrastructure Corp is one of the top stocks in return on equity category among its peers. It is rated # 2 in book value per share category among its peers . At this time, EverGen Infrastructure's Return On Equity is fairly stable compared to the past year. 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 EverGen Infrastructure's earnings, one of the primary drivers of an investment's value.

EverGen Book Value Per Share vs. Return On Equity

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.

EverGen Infrastructure

Return On Equity

 = 

Net Income

Total Equity

 = 
-0.0867
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.
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.

EverGen Infrastructure

Book Value per Share

 = 

Common Equity

Average Shares

 = 
3.85 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.

EverGen Book Value Per Share Comparison

EverGen Infrastructure is currently under evaluation in book value per share category among its peers.

EverGen Infrastructure Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in EverGen Infrastructure, profitability is also one of the essential criteria for including it into their portfolios because, without profit, EverGen Infrastructure will eventually generate negative long term returns. The profitability progress is the general direction of EverGen Infrastructure's change in net profit over the period of time. It can combine multiple indicators of EverGen Infrastructure, 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
Net Loss-2.2 M-2.4 M
Income Tax Expense-666 K-699.3 K
Net Interest Income-1.1 M-1.1 M
Operating Income-6.6 M-6.9 M
Net Loss-4.7 M-5 M
Income Before Tax-6.4 M-6.7 M
Total Other Income Expense Net1.2 M1.5 M
Net Loss-4.4 M-4.6 M
Change To Netincome-459 K-436.1 K
Net Loss(0.32)(0.34)
Income Quality(0.06)(0.06)
Net Income Per E B T 0.69  0.89 

EverGen Profitability Driver Comparison

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

Use EverGen Infrastructure 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 EverGen Infrastructure 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 EverGen Infrastructure will appreciate offsetting losses from the drop in the long position's value.

EverGen Infrastructure Pair Trading

EverGen Infrastructure Corp Pair Trading Analysis

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

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Additional Tools for EverGen Stock Analysis

When running EverGen Infrastructure's price analysis, check to measure EverGen Infrastructure's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EverGen Infrastructure is operating at the current time. Most of EverGen Infrastructure's value examination focuses on studying past and present price action to predict the probability of EverGen Infrastructure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EverGen Infrastructure's price. Additionally, you may evaluate how the addition of EverGen Infrastructure to your portfolios can decrease your overall portfolio volatility.