Zurn Elkay Price To Sales vs. EBITDA

ZWS Stock  USD 40.14  0.22  0.55%   
Based on the key profitability measurements obtained from Zurn Elkay's financial statements, Zurn Elkay Water is performing exceptionally good at this time. It has a great probability to showcase excellent profitability results in January. Profitability indicators assess Zurn Elkay's ability to earn profits and add value for shareholders.

Zurn Elkay Price To Sales Ratio

3.18

At this time, Zurn Elkay's EV To Sales is comparatively stable compared to the past year. Operating Cash Flow Sales Ratio is likely to gain to 0.17 in 2024, whereas Price To Sales Ratio is likely to drop 3.18 in 2024. At this time, Zurn Elkay's Income Before Tax is comparatively stable compared to the past year. Net Income is likely to gain to about 109.4 M in 2024, whereas Operating Income is likely to drop slightly above 110.7 M in 2024.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.220.3851
Way Down
Very volatile
Net Profit Margin0.07730.0736
Sufficiently Up
Slightly volatile
Operating Profit Margin0.150.1425
Sufficiently Up
Pretty Stable
Pretax Profit Margin0.10.0959
Sufficiently Up
Slightly volatile
Return On Assets0.04440.0423
Sufficiently Up
Slightly volatile
For Zurn Elkay profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Zurn Elkay to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Zurn Elkay Water utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Zurn Elkay's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Zurn Elkay Water over time as well as its relative position and ranking within its peers.
  

Zurn Elkay's Revenue Breakdown by Earning Segment

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Is Building Products 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 Zurn Elkay. If investors know Zurn 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 Zurn Elkay listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.063
Dividend Share
0.32
Earnings Share
0.78
Revenue Per Share
9.01
Quarterly Revenue Growth
0.029
The market value of Zurn Elkay Water is measured differently than its book value, which is the value of Zurn that is recorded on the company's balance sheet. Investors also form their own opinion of Zurn Elkay's value that differs from its market value or its book value, called intrinsic value, which is Zurn Elkay'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 Zurn Elkay's market value can be influenced by many factors that don't directly affect Zurn Elkay'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 Zurn Elkay's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zurn Elkay is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zurn Elkay'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.

Zurn Elkay Water EBITDA vs. Price To Sales Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Zurn Elkay's current stock value. Our valuation model uses many indicators to compare Zurn Elkay value to that of its competitors to determine the firm's financial worth.
Zurn Elkay Water is rated fifth in price to sales category among its peers. It is rated first in ebitda category among its peers totaling about  69,361,017  of EBITDA per Price To Sales. At this time, Zurn Elkay's Price To Sales Ratio is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Zurn Elkay 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.

Zurn EBITDA vs. Price To Sales

Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Zurn Elkay

P/S

 = 

MV Per Share

Revenue Per Share

 = 
4.41 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

Zurn Elkay

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
306 M
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.

Zurn EBITDA Comparison

Zurn Elkay is currently under evaluation in ebitda category among its peers.

Zurn Elkay Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Zurn Elkay, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Zurn Elkay will eventually generate negative long term returns. The profitability progress is the general direction of Zurn Elkay's change in net profit over the period of time. It can combine multiple indicators of Zurn Elkay, 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-67.7 M-71.1 M
Operating Income218.1 M110.7 M
Income Before Tax146.8 M154.1 M
Total Other Income Expense Net-71.3 M-67.7 M
Net Income104.2 M109.4 M
Income Tax Expense42.6 M44.7 M
Interest Income24.2 M45 M
Net Income Applicable To Common Shares71 M100 M
Net Interest Income-38.5 M-40.4 M
Net Income From Continuing Ops104.2 M79.2 M
Change To Netincome25.8 M24.5 M
Net Income Per Share 0.65  0.68 
Income Quality 2.44  2.38 
Net Income Per E B T 0.77  0.58 

Zurn Profitability Driver Comparison

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

Use Zurn Elkay 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 Zurn Elkay 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 Zurn Elkay will appreciate offsetting losses from the drop in the long position's value.

Zurn Elkay Pair Trading

Zurn Elkay Water Pair Trading Analysis

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

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Additional Tools for Zurn Stock Analysis

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