Emerald Expositions Events Stock Return On Asset
| EEX Stock | USD 6.09 0.02 0.33% |
Emerald Expositions Events fundamentals help investors to digest information that contributes to Emerald Expositions' financial success or failures. It also enables traders to predict the movement of Emerald Stock. The fundamental analysis module provides a way to measure Emerald Expositions' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Emerald Expositions stock.
Return On Assets is likely to drop to -0.0082 in 2024. Emerald | Return On Asset |
Emerald Expositions Events Company Return On Asset Analysis
Emerald Expositions' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Emerald Expositions Return On Asset | 0.0246 |
Most of Emerald Expositions' fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Emerald Expositions Events is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Emerald Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Emerald Expositions is extremely important. It helps to project a fair market value of Emerald Stock properly, considering its historical fundamentals such as Return On Asset. Since Emerald Expositions' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Emerald Expositions' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Emerald Expositions' interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Emerald Total Assets
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Based on the latest financial disclosure, Emerald Expositions Events has a Return On Asset of 0.0246. This is 99.41% lower than that of the Media sector and significantly higher than that of the Communication Services industry. The return on asset for all United States stocks is 117.57% lower than that of the firm.
Emerald Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Emerald Expositions' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Emerald Expositions could also be used in its relative valuation, which is a method of valuing Emerald Expositions by comparing valuation metrics of similar companies.Emerald Expositions is currently under evaluation in return on asset category among related companies.
Emerald Fundamentals
| Return On Equity | -0.0194 | ||||
| Return On Asset | 0.0246 | ||||
| Profit Margin | (0.02) % | ||||
| Operating Margin | 0.26 % | ||||
| Current Valuation | 1.1 B | ||||
| Shares Outstanding | 63.05 M | ||||
| Shares Owned By Insiders | 1.67 % | ||||
| Shares Owned By Institutions | 89.99 % | ||||
| Number Of Shares Shorted | 248.57 K | ||||
| Price To Earning | 10.30 X | ||||
| Price To Book | 0.90 X | ||||
| Price To Sales | 1.02 X | ||||
| Revenue | 382.8 M | ||||
| Gross Profit | 210.6 M | ||||
| EBITDA | 68.1 M | ||||
| Net Income | (8.2 M) | ||||
| Cash And Equivalents | 231.2 M | ||||
| Cash Per Share | 3.35 X | ||||
| Total Debt | 415.8 M | ||||
| Debt To Equity | 1.62 % | ||||
| Current Ratio | 1.28 X | ||||
| Book Value Per Share | (1.47) X | ||||
| Cash Flow From Operations | 38.3 M | ||||
| Short Ratio | 4.34 X | ||||
| Earnings Per Share | (0.78) X | ||||
| Price To Earnings To Growth | 2.16 X | ||||
| Target Price | 9.43 | ||||
| Number Of Employees | 673 | ||||
| Beta | 1.37 | ||||
| Market Capitalization | 382.73 M | ||||
| Total Asset | 1.05 B | ||||
| Retained Earnings | (652.3 M) | ||||
| Working Capital | 80.8 M | ||||
| Current Asset | 105.71 M | ||||
| Current Liabilities | 235.09 M | ||||
| Net Asset | 1.05 B |
About Emerald Expositions Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Emerald Expositions Events's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Emerald Expositions using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Emerald Expositions Events based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Emerald Expositions
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 Emerald Expositions 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 Emerald Expositions will appreciate offsetting losses from the drop in the long position's value.Moving together with Emerald Stock
| 0.65 | TV | Grupo Televisa SAB Financial Report 24th of April 2024 | PairCorr |
The ability to find closely correlated positions to Emerald Expositions could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Emerald Expositions 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 Emerald Expositions - 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 Emerald Expositions Events to buy it.
The correlation of Emerald Expositions 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 Emerald Expositions moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Emerald Expositions 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 Emerald Expositions 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.Check out Emerald Expositions Piotroski F Score and Emerald Expositions Altman Z Score analysis. Note that the Emerald Expositions information on this page should be used as a complementary analysis to other Emerald Expositions' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Emerald Stock analysis
When running Emerald Expositions' price analysis, check to measure Emerald Expositions' 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 Emerald Expositions is operating at the current time. Most of Emerald Expositions' value examination focuses on studying past and present price action to predict the probability of Emerald Expositions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Emerald Expositions' price. Additionally, you may evaluate how the addition of Emerald Expositions to your portfolios can decrease your overall portfolio volatility.
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Is Emerald Expositions' 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 Emerald Expositions. If investors know Emerald 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 Emerald Expositions 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 (0.18) | Earnings Share (0.78) | Revenue Per Share 5.985 | Quarterly Revenue Growth 0.084 | Return On Assets 0.0246 |
The market value of Emerald Expositions is measured differently than its book value, which is the value of Emerald that is recorded on the company's balance sheet. Investors also form their own opinion of Emerald Expositions' value that differs from its market value or its book value, called intrinsic value, which is Emerald Expositions' 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 Emerald Expositions' market value can be influenced by many factors that don't directly affect Emerald Expositions' 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 Emerald Expositions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Emerald Expositions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Emerald Expositions' 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.