Charles Scott - EMCORE Independent Director

EMKR Stock  USD 0.36  0.01  2.86%   

Director

Mr. Charles T. Scott is Independent Director of Emcore Corporationrationration. He is currently a nonexecutive director of other companies including Flybe Group plc where he serves on the audit committee and In Technology plc. From January 1 2004 until August 31 2010 he was the Chairman of the Board of Directors of William Hill plc provider of bookmaking services in the United Kingdom where he also served on the audit committee. Prior to that Mr. Scott served as Chairman of a number of companies including Cordiant Communications Group plc and Robert Walters plc. Mr. Scott is a chartered accountant. Mr. Scotts extensive accounting finance and business experience experiences as a Chairman and director at other international companies and familiarity with the Companys business garnered through his tenure as a director of the Company were the primary qualifications that have led the Board to conclude that he should serve as a director of our Company. since 1998.
Age 65
Tenure 26 years
Address 2015 W. Chestnut Street, Alhambra, CA, United States, 91803
Phone626 293 3400
Webhttps://emcore.com

EMCORE Management Efficiency

The company has return on total asset (ROA) of (0.0708) % which means that it has lost $0.0708 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.495) %, meaning that it created substantial loss on money invested by shareholders. EMCORE's management efficiency ratios could be used to measure how well EMCORE manages its routine affairs as well as how well it operates its assets and liabilities. As of 03/28/2024, Return On Capital Employed is likely to grow to -0.37. In addition to that, Return On Assets is likely to grow to -0.46. At this time, EMCORE's Total Assets are relatively stable compared to the past year. As of 03/28/2024, Non Current Assets Total is likely to grow to about 59.5 M, while Other Current Assets are likely to drop slightly above 607.4 K.
The company currently holds 34.52 M in liabilities with Debt to Equity (D/E) ratio of 0.16, which may suggest the company is not taking enough advantage from borrowing. EMCORE has a current ratio of 3.87, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist EMCORE until it has trouble settling it off, either with new capital or with free cash flow. So, EMCORE's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like EMCORE sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for EMCORE to invest in growth at high rates of return. When we think about EMCORE's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

DIRECTOR Age

Richard StoneDesktop Metal
54
Geoffrey StringerKimball Electronics
73
Janeen StodulskiDesktop Metal
N/A
Thomas TischhauserKimball Electronics
59
Robert CreminKnowles Cor
73
Linda DundasDesktop Metal
N/A
Virapan PulgesFabrinet
53
Ye LiKnowles Cor
53
Colleen RepplierKimball Electronics
58
Claudio BerrettiDesktop Metal
N/A
Ronald JankovKnowles Cor
61
Cheryl ShaversKnowles Cor
67
David LazarMinim Inc
33
Leonidas KarabelasDesktop Metal
N/A
Gregory LampertKimball Electronics
50
Didier HirschKnowles Cor
69
WingKi HuiDeswell Industries
66
Mark McGettrickDesktop Metal
59
David WollardDesktop Metal
78
Luca GiacomettiDesktop Metal
57
Gregory ThaxtonKimball Electronics
56
EMCORE Corporation, together with its subsidiaries, provides advanced mixed-signal optics products in the United States, Canada, Asia, Europe, and internationally. EMCORE Corporation was founded in 1984 and is headquartered in Alhambra, California. Emcore Corp operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. It employs 365 people. EMCORE (EMKR) is traded on NASDAQ Exchange in USA. It is located in 2015 W. Chestnut Street, Alhambra, CA, United States, 91803 and employs 350 people. EMCORE is listed under Communications Equipment category by Fama And French industry classification.

Management Performance

EMCORE Leadership Team

Elected by the shareholders, the EMCORE's board of directors comprises two types of representatives: EMCORE inside directors who are chosen from within the company, and outside directors, selected externally and held independent of EMCORE. The board's role is to monitor EMCORE's management team and ensure that shareholders' interests are well served. EMCORE's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, EMCORE's outside directors are responsible for providing unbiased perspectives on the board's policies.
Robert Bogomolny, Lead Independent Director
Ettore Coringrato, Director
Bruce Grooms, Director
Gerald Fine, Director
Iain Black, Senior Operations
Charles Scott, Independent Director
Stephen Domenik, Director
David Wojciechowski, Marketing Sales
Thomas Minichiello, Chief Officer
Marc Cavagnolo, VP Devel
Hank Blauvelt, Chief Officer
Mark Weinswig, CFO and Secretary
Jeffrey Rittichier, CEO and President and Director
Rex Jackson, Director
Jikun Kim, CFO
Ryan Hochgesang, General VP
Mark Gordon, Interim Principal Financial and Accounting Officer

EMCORE Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is EMCORE a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards EMCORE in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, EMCORE's short interest history, or implied volatility extrapolated from EMCORE options trading.

Pair Trading with EMCORE

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 EMCORE 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 EMCORE will appreciate offsetting losses from the drop in the long position's value.

Moving against EMCORE Stock

  0.67CLFD Clearfield Financial Report 2nd of May 2024 PairCorr
  0.64OSS One Stop Systems Financial Report 9th of May 2024 PairCorr
  0.62NNDM Nano Dimension Report 4th of April 2024 PairCorr
  0.57KODK Eastman KodakPairCorr
  0.56CDW CDW Corp Financial Report 1st of May 2024 PairCorr
The ability to find closely correlated positions to EMCORE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EMCORE 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 EMCORE - 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 EMCORE to buy it.
The correlation of EMCORE 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 EMCORE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EMCORE 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 EMCORE 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
When determining whether EMCORE is a strong investment it is important to analyze EMCORE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact EMCORE's future performance. For an informed investment choice regarding EMCORE Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EMCORE. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
To learn how to invest in EMCORE Stock, please use our How to Invest in EMCORE guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for EMCORE Stock analysis

When running EMCORE's price analysis, check to measure EMCORE'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 EMCORE is operating at the current time. Most of EMCORE's value examination focuses on studying past and present price action to predict the probability of EMCORE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EMCORE's price. Additionally, you may evaluate how the addition of EMCORE to your portfolios can decrease your overall portfolio volatility.
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Equity Valuation
Check real value of public entities based on technical and fundamental data
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Is EMCORE's industry 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 EMCORE. If investors know EMCORE 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 EMCORE 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
(0.25)
Earnings Share
(0.79)
Revenue Per Share
1.582
Quarterly Revenue Growth
0.207
Return On Assets
(0.07)
The market value of EMCORE is measured differently than its book value, which is the value of EMCORE that is recorded on the company's balance sheet. Investors also form their own opinion of EMCORE's value that differs from its market value or its book value, called intrinsic value, which is EMCORE'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 EMCORE's market value can be influenced by many factors that don't directly affect EMCORE'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 EMCORE's value and its price as these two are different measures arrived at by different means. Investors typically determine if EMCORE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EMCORE'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.