Ecora Resources Gross Profit vs. Current Valuation
| HGR Stock | EUR 0.74 0.02 2.63% |
For Ecora Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ecora Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ecora Resources PLC utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ecora Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ecora Resources PLC over time as well as its relative position and ranking within its peers.
Ecora |
Ecora Resources PLC Current Valuation vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ecora Resources's current stock value. Our valuation model uses many indicators to compare Ecora Resources value to that of its competitors to determine the firm's financial worth. Ecora Resources PLC is rated # 3 in gross profit category among its peers. It is rated as one of the top companies in current valuation category among its peers reporting about 13.16 of Current Valuation per Gross Profit. 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 Ecora Resources' earnings, one of the primary drivers of an investment's value.Ecora Current Valuation vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Ecora Resources |
| = | 27.61 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.
Ecora Resources |
| = | 363.42 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.
Ecora Current Valuation vs Competition
Ecora Resources PLC 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 Coking Coal industry is currently estimated at about 726.84 Million. Ecora Resources totals roughly 363.42 Million in current valuation claiming about 50% of stocks in Coking Coal industry.
Ecora Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ecora Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ecora Resources will eventually generate negative long term returns. The profitability progress is the general direction of Ecora Resources' change in net profit over the period of time. It can combine multiple indicators of Ecora Resources, 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.
Anglo Pacific Group plc operates as a natural resources royalty and streaming company. Anglo Pacific Group plc was incorporated in 1967 and is headquartered in London, the United Kingdom. ANGLO PACIFIC operates under Coking Coal classification in Germany and is traded on Frankfurt Stock Exchange. It employs 9 people.
Ecora Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ecora Resources. 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 Ecora Resources 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 Ecora Resources' important profitability drivers and their relationship over time.
Use Ecora Resources 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 Ecora Resources 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 Ecora Resources will appreciate offsetting losses from the drop in the long position's value.Ecora Resources Pair Trading
Ecora Resources PLC Pair Trading Analysis
The ability to find closely correlated positions to Ecora Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ecora Resources 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 Ecora Resources - 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 Ecora Resources PLC to buy it.
The correlation of Ecora Resources 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 Ecora Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ecora Resources PLC 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 Ecora Resources 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 Ecora Resources position
In addition to having Ecora Resources 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?
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Other Information on Investing in Ecora Stock
To fully project Ecora Resources' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ecora Resources PLC 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 Ecora Resources' income statement, its balance sheet, and the statement of cash flows.