Eastern Co Stock Book Value Per Share

EML Stock

USD 31.79 0.52 1.61%

Eastern Co fundamentals help investors to digest information that contributes to Eastern's financial success or failures. It also enables traders to predict the movement of Eastern Stock. The fundamental analysis module provides a way to measure Eastern's 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 Eastern stock.

	Last Reported	Projected for Next Year
Book Value Per Share	18.31	19.22
Tangible Book Value Per Share	4.56	4.25

Book Value Per Share is expected to rise to 19.22 this year, although Tangible Book Value Per Share will most likely fall to 4.25.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Eastern Co Company Book Value Per Share Analysis

Eastern's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Book Value per Share

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current Eastern Book Value Per Share

21.31 X

Most of Eastern's fundamental indicators, such as Book Value Per Share, 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, Eastern Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Eastern Book Value Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Eastern is extremely important. It helps to project a fair market value of Eastern Stock properly, considering its historical fundamentals such as Book Value Per Share. Since Eastern's 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 Eastern's 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 Eastern's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Long Term Debt	Good Will	Property Plant Equipment	Short Term Investments	Treasury Stock	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Deferred Long Term Liab	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock	Accumulated Depreciation
Total Assets		0.9	0.91	0.91	0.97	0.97	0.8	0.85	0.68	0.95	0.55	0.79	0.97	0.57	0.08	-0.86	0.03	0.29	0.94	0.94	0.86	0.92	0.72	0.73	0.62
Total Stockholder Equity	0.9		0.69	0.99	0.9	0.78	0.71	0.76	0.42	0.9	0.62	0.48	0.83	0.27	0.16	-0.92	-0.19	0.44	0.85	0.86	0.85	0.75	0.62	0.82	0.71
Net Debt	0.91	0.69		0.68	0.9	0.96	0.67	0.84	0.76	0.88	0.29	0.94	0.97	0.66	0.19	-0.68	0.19	0.2	0.94	0.93	0.8	0.97	0.75	0.66	0.58
Retained Earnings	0.91	0.99	0.68		0.9	0.8	0.75	0.74	0.44	0.89	0.68	0.48	0.82	0.32	0.07	-0.92	-0.18	0.39	0.83	0.83	0.81	0.74	0.6	0.76	0.65
Net Receivables	0.97	0.9	0.9	0.9		0.94	0.81	0.9	0.59	0.99	0.54	0.76	0.95	0.43	0.08	-0.9	-0.08	0.36	0.93	0.93	0.88	0.87	0.71	0.76	0.73
Total Liab	0.97	0.78	0.96	0.8	0.94		0.79	0.83	0.76	0.9	0.48	0.9	0.97	0.68	0.03	-0.77	0.14	0.19	0.92	0.91	0.8	0.94	0.72	0.62	0.53
Total Current Assets	0.8	0.71	0.67	0.75	0.81	0.79		0.7	0.53	0.75	0.85	0.66	0.7	0.39	-0.37	-0.75	-0.02	0.35	0.63	0.64	0.58	0.61	0.37	0.34	0.48
Short Term Debt	0.85	0.76	0.84	0.74	0.9	0.83	0.7		0.39	0.91	0.42	0.7	0.86	0.36	0.1	-0.81	-0.23	0.23	0.87	0.87	0.9	0.8	0.56	0.76	0.78
Intangible Assets	0.68	0.42	0.76	0.44	0.59	0.76	0.53	0.39		0.49	0.25	0.82	0.7	0.62	-0.05	-0.39	0.73	0.26	0.62	0.62	0.39	0.76	0.77	0.22	0.12
Accounts Payable	0.95	0.9	0.88	0.89	0.99	0.9	0.75	0.91	0.49		0.48	0.71	0.94	0.39	0.19	-0.88	-0.18	0.37	0.94	0.94	0.92	0.85	0.66	0.82	0.79
Common Stock	0.55	0.62	0.29	0.68	0.54	0.48	0.85	0.42	0.25	0.48		0.23	0.37	0.17	-0.54	-0.65	-0.09	0.25	0.32	0.33	0.3	0.3	0.1	0.16	0.27
Long Term Debt	0.79	0.48	0.94	0.48	0.76	0.9	0.66	0.7	0.82	0.71	0.23		0.86	0.75	0.04	-0.5	0.34	0.09	0.79	0.78	0.61	0.87	0.65	0.4	0.36
Good Will	0.97	0.83	0.97	0.82	0.95	0.97	0.7	0.86	0.7	0.94	0.37	0.86		0.59	0.25	-0.78	0.07	0.28	0.99	0.98	0.89	0.97	0.76	0.78	0.66
Property Plant Equipment	0.57	0.27	0.66	0.32	0.43	0.68	0.39	0.36	0.62	0.39	0.17	0.75	0.59		-0.04	-0.24	0.28	-0.46	0.51	0.51	0.28	0.64	0.33	0.11	-0.15
Short Term Investments	0.08	0.16	0.19	0.07	0.08	0.03	-0.37	0.1	-0.05	0.19	-0.54	0.04	0.25	-0.04		0.08	-0.13	0.24	0.37	0.36	0.43	0.23	0.17	0.58	0.33
Treasury Stock	-0.86	-0.92	-0.68	-0.92	-0.9	-0.77	-0.75	-0.81	-0.39	-0.88	-0.65	-0.5	-0.78	-0.24	0.08		0.19	-0.34	-0.77	-0.78	-0.74	-0.72	-0.66	-0.73	-0.72
Current Deferred Revenue	0.03	-0.19	0.19	-0.18	-0.08	0.14	-0.02	-0.23	0.73	-0.18	-0.09	0.34	0.07	0.28	-0.13	0.19		0.13	0.01	0.0	-0.23	0.22	0.42	-0.29	-0.34
Net Tangible Assets	0.29	0.44	0.2	0.39	0.36	0.19	0.35	0.23	0.26	0.37	0.25	0.09	0.28	-0.46	0.24	-0.34	0.13		0.33	0.34	0.41	0.21	0.37	0.41	0.6
Long Term Debt Total	0.94	0.85	0.94	0.83	0.93	0.92	0.63	0.87	0.62	0.94	0.32	0.79	0.99	0.51	0.37	-0.77	0.01	0.33		0.99	0.93	0.95	0.74	0.86	0.72
Deferred Long Term Liab	0.94	0.86	0.93	0.83	0.93	0.91	0.64	0.87	0.62	0.94	0.33	0.78	0.98	0.51	0.36	-0.78	0.0	0.34	0.99		0.93	0.95	0.73	0.85	0.72
Short Long Term Debt	0.86	0.85	0.8	0.81	0.88	0.8	0.58	0.9	0.39	0.92	0.3	0.61	0.89	0.28	0.43	-0.74	-0.23	0.41	0.93	0.93		0.79	0.6	0.91	0.82
Net Invested Capital	0.92	0.75	0.97	0.74	0.87	0.94	0.61	0.8	0.76	0.85	0.3	0.87	0.97	0.64	0.23	-0.72	0.22	0.21	0.95	0.95	0.79		0.8	0.73	0.59
Net Working Capital	0.72	0.62	0.75	0.6	0.71	0.72	0.37	0.56	0.77	0.66	0.1	0.65	0.76	0.33	0.17	-0.66	0.42	0.37	0.74	0.73	0.6	0.8		0.6	0.47
Capital Stock	0.73	0.82	0.66	0.76	0.76	0.62	0.34	0.76	0.22	0.82	0.16	0.4	0.78	0.11	0.58	-0.73	-0.29	0.41	0.86	0.85	0.91	0.73	0.6		0.86
Accumulated Depreciation	0.62	0.71	0.58	0.65	0.73	0.53	0.48	0.78	0.12	0.79	0.27	0.36	0.66	-0.15	0.33	-0.72	-0.34	0.6	0.72	0.72	0.82	0.59	0.47	0.86

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Eastern Book Value Per Share Historical Pattern

Today, most investors in Eastern Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Eastern's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's book value per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Eastern book value per share as a starting point in their analysis.

Eastern Book Value Per Share

Timeline

The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.

Competition

Predict Eastern

Book Value Per Share Over Time

Eastern Common Stock Shares Outstanding

Common Stock Shares Outstanding

4.86 Million

At this time, Eastern's Common Stock Shares Outstanding is quite stable compared to the past year.

In accordance with the recently published financial statements, the book value per share of Eastern Co is about 21.308 times. This is 99.95% lower than that of the Machinery sector and 10.32% lower than that of the Industrials industry. The book value per share for all United States stocks is 98.9% higher than that of the company.

Eastern Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eastern's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Eastern could also be used in its relative valuation, which is a method of valuing Eastern by comparing valuation metrics of similar companies.

Eastern is currently under evaluation in book value per share category among related companies.

Eastern Fundamentals

	Return On Equity	0.0663
	Return On Asset	0.0342
	Profit Margin	0.03 %
	Operating Margin	0.08 %
	Current Valuation	253.38 M
	Shares Outstanding	6.21 M
	Shares Owned By Insiders	7.65 %
	Shares Owned By Institutions	70.00 %
	Number Of Shares Shorted	24.89 K
	Price To Earning	16.90 X
	Price To Book	1.51 X
	Price To Sales	0.73 X
	Revenue	273.45 M
	Gross Profit	58.62 M
	EBITDA	21.97 M
	Net Income	8.59 M
	Cash And Equivalents	7.11 M
	Cash Per Share	1.14 X
	Total Debt	62.08 M
	Debt To Equity	0.75 %
	Current Ratio	2.97 X
	Book Value Per Share	21.31 X
	Cash Flow From Operations	26.48 M
	Short Ratio	0.92 X
	Earnings Per Share	1.37 X
	Number Of Employees	1.2 K
	Beta	1.15
	Market Capitalization	200.58 M
	Total Asset	252.04 M
	Retained Earnings	144.81 M
	Working Capital	69.5 M
	Current Asset	75.27 M
	Current Liabilities	15.16 M
	Annual Yield	0.01 %
	Five Year Return	1.79 %
	Net Asset	252.04 M
	Last Dividend Paid	0.44

About Eastern Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Eastern Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eastern using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eastern Co 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 Eastern

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

Moving together with Eastern Stock

0.7

MKTAY

Makita Corp

Pair Corr

Moving against Eastern Stock

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0.74	AP	Ampco Pittsburgh	Pair Corr
0.73	TTC	Toro Financial Report 13th of June 2024	Pair Corr
0.54	RBCP	RBC Bearings	Pair Corr

The ability to find closely correlated positions to Eastern could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eastern 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 Eastern - 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 Eastern Co to buy it.

The correlation of Eastern 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 Eastern moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eastern 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 Eastern 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 Correlation Correlation Matching

When determining whether Eastern is a strong investment it is important to analyze Eastern'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 Eastern's future performance. For an informed investment choice regarding Eastern Stock, refer to the following important reports:

How To Invest In Eastern

Details

Is Eastern Stock a good investment?

Details

What is Eastern's Net Worth?

Details

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Check out Eastern Piotroski F Score and Eastern Altman Z Score analysis.

You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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

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Is Eastern'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 Eastern. If investors know Eastern 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 Eastern 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

8.24

Dividend Share

0.44

Earnings Share

1.37

Revenue Per Share

43.877

Quarterly Revenue Growth

(0.03)

The market value of Eastern is measured differently than its book value, which is the value of Eastern that is recorded on the company's balance sheet. Investors also form their own opinion of Eastern's value that differs from its market value or its book value, called intrinsic value, which is Eastern'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 Eastern's market value can be influenced by many factors that don't directly affect Eastern'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 Eastern's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastern'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.

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Eastern Co Stock Book Value Per Share

Eastern Co Company Book Value Per Share Analysis

Book Value per Share

Common Equity

Average Shares

Current Eastern Book Value Per Share

Eastern Book Value Per Share Driver Correlations

Eastern Book Value Per Share Historical Pattern

Eastern Common Stock Shares Outstanding

Common Stock Shares Outstanding

4.86 Million

Eastern Book Value Per Share Peer Comparison

Eastern Fundamentals

About Eastern Fundamental Analysis

Pair Trading with Eastern

Moving together with Eastern Stock

Moving against Eastern Stock

Complementary Tools for Eastern Stock analysis

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