Evolv Technologies Return On Equity vs. Current Valuation

EVLV Stock  USD 4.39  0.11  2.57%   
Based on Evolv Technologies' profitability indicators, Evolv Technologies Holdings 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 Evolv Technologies' ability to earn profits and add value for shareholders.
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
(0.73)
Current Value
(0.69)
Quarterly Volatility
0.38587246
 
Credit Downgrade
 
Yuan Drop
 
Covid
Sales General And Administrative To Revenue is likely to climb to 0.84 in 2024, whereas Price To Sales Ratio is likely to drop 8.32 in 2024. At this time, Evolv Technologies' Net Interest Income is fairly stable compared to the past year. Income Tax Expense is likely to climb to about 53.5 K in 2024, whereas Operating Income is likely to drop (92.7 M) in 2024.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.440.4207
Sufficiently Up
Slightly volatile
For Evolv Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Evolv Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Evolv Technologies Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Evolv Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Evolv Technologies Holdings over time as well as its relative position and ranking within its peers.
  

Evolv Technologies' Revenue Breakdown by Earning Segment

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Is Electronic Equipment, Instruments & Components 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 Evolv Technologies. If investors know Evolv 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 Evolv Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.11)
Revenue Per Share
0.584
Quarterly Revenue Growth
0.288
Return On Assets
(0.18)
Return On Equity
(0.13)
The market value of Evolv Technologies is measured differently than its book value, which is the value of Evolv that is recorded on the company's balance sheet. Investors also form their own opinion of Evolv Technologies' value that differs from its market value or its book value, called intrinsic value, which is Evolv Technologies' 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 Evolv Technologies' market value can be influenced by many factors that don't directly affect Evolv Technologies' 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 Evolv Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Evolv Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evolv Technologies' 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.

Evolv Technologies Current Valuation vs. Return On Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Evolv Technologies's current stock value. Our valuation model uses many indicators to compare Evolv Technologies value to that of its competitors to determine the firm's financial worth.
Evolv Technologies Holdings is one of the top stocks in return on equity category among its peers. It is rated below average in current valuation category among its peers . At this time, Evolv Technologies' Return On Equity is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Evolv Technologies 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.

Evolv Current Valuation 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.

Evolv Technologies

Return On Equity

 = 

Net Income

Total Equity

 = 
-0.13
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.
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.

Evolv Technologies

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
569.76 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.

Evolv Current Valuation vs Competition

Evolv Technologies Holdings is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is currently estimated at about 19.74 Billion. Evolv Technologies holds roughly 569.76 Million in current valuation claiming about 2.89% of equities under Information Technology industry.

Evolv Technologies Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Evolv Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Evolv Technologies will eventually generate negative long term returns. The profitability progress is the general direction of Evolv Technologies' change in net profit over the period of time. It can combine multiple indicators of Evolv Technologies, 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 Income-53 K-55.6 K
Net Interest Income5.3 M5.5 M
Operating Income-88.3 M-92.7 M
Net Loss-117.7 M-111.8 M
Income Before Tax-106.2 M-100.9 M
Total Other Income Expense Net-17.9 M-17 M
Net Loss-77.8 M-73.9 M
Net Loss-106.3 M-100.9 M
Income Tax Expense51 K53.5 K
Interest Income6.2 M3.4 M
Non Operating Income Net Other15.2 M26.5 M
Change To Netincome29.3 M30.7 M
Net Loss(0.71)(0.75)
Income Quality 0.09  0.09 
Net Income Per E B T 1.00  1.26 

Evolv Profitability Driver Comparison

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

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Additional Tools for Evolv Stock Analysis

When running Evolv Technologies' price analysis, check to measure Evolv Technologies' 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 Evolv Technologies is operating at the current time. Most of Evolv Technologies' value examination focuses on studying past and present price action to predict the probability of Evolv Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evolv Technologies' price. Additionally, you may evaluate how the addition of Evolv Technologies to your portfolios can decrease your overall portfolio volatility.