Endeavour Silver Corp Stock Net Asset
| EDR Stock | CAD 10.83 0.22 1.99% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Endeavour Silver's long-term financial health and intrinsic value.
Endeavour | Net Asset |
Endeavour Silver Corp Company Net Asset Analysis
Endeavour Silver's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Endeavour Silver Net Asset | 719.25 M |
Most of Endeavour Silver's fundamental indicators, such as Net 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, Endeavour Silver Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Endeavour Net Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Endeavour Silver is extremely important. It helps to project a fair market value of Endeavour Stock properly, considering its historical fundamentals such as Net Asset. Since Endeavour Silver'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 Endeavour Silver'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 Endeavour Silver's interrelated accounts and indicators.
Click cells to compare fundamentals
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Endeavour Total Assets
Total Assets |
|
Based on the recorded statements, Endeavour Silver Corp has a Net Asset of 719.25 M. This is much higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The net asset for all Canada stocks is notably lower than that of the firm.
Endeavour Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Endeavour Silver's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Endeavour Silver could also be used in its relative valuation, which is a method of valuing Endeavour Silver by comparing valuation metrics of similar companies.Endeavour Silver is currently under evaluation in net asset category among its peers.
Endeavour Silver Current Valuation Drivers
We derive many important indicators used in calculating different scores of Endeavour Silver from analyzing Endeavour Silver's financial statements. These drivers represent accounts that assess Endeavour Silver's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Endeavour Silver's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 760.5M | 706.0M | 593.0M | 386.2M | 886.4M | 930.7M | |
| Enterprise Value | 710.2M | 614.2M | 525.1M | 360.4M | 900.2M | 945.2M |
Endeavour Fundamentals
| Return On Equity | -0.2 | ||||
| Return On Asset | -1.0E-4 | ||||
| Profit Margin | (0.28) % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 3.33 B | ||||
| Shares Outstanding | 294.18 M | ||||
| Shares Owned By Insiders | 0.19 % | ||||
| Shares Owned By Institutions | 55.45 % | ||||
| Number Of Shares Shorted | 5.48 M | ||||
| Price To Book | 4.46 X | ||||
| Price To Sales | 9.98 X | ||||
| Revenue | 217.64 M | ||||
| Gross Profit | 97.42 M | ||||
| EBITDA | 55.3 M | ||||
| Net Income | (31.48 M) | ||||
| Cash And Equivalents | 106.43 M | ||||
| Cash Per Share | 0.17 X | ||||
| Total Debt | 5.23 M | ||||
| Debt To Equity | 3.10 % | ||||
| Current Ratio | 3.28 X | ||||
| Book Value Per Share | 1.73 X | ||||
| Cash Flow From Operations | 19.11 M | ||||
| Short Ratio | 3.73 X | ||||
| Earnings Per Share | (0.46) X | ||||
| Price To Earnings To Growth | 0.14 X | ||||
| Target Price | 15.13 | ||||
| Number Of Employees | 1.54 K | ||||
| Beta | 2.14 | ||||
| Market Capitalization | 3.36 B | ||||
| Total Asset | 719.25 M | ||||
| Retained Earnings | (372.15 M) | ||||
| Working Capital | 78.78 M | ||||
| Annual Yield | 0.04 % | ||||
| Net Asset | 719.25 M |
About Endeavour Silver Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Endeavour Silver Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Endeavour Silver using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Endeavour Silver Corp 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 Endeavour Silver
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 Endeavour Silver 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 Endeavour Silver will appreciate offsetting losses from the drop in the long position's value.Moving together with Endeavour Stock
| 0.97 | AG | First Majestic Silver | PairCorr |
| 0.89 | IE | Ivanhoe Energy | PairCorr |
| 0.9 | ORE | Orezone Gold Corp | PairCorr |
| 0.81 | FDY | Faraday Copper Corp | PairCorr |
Moving against Endeavour Stock
| 0.75 | CSU | Constellation Software | PairCorr |
| 0.67 | WCN | Waste Connections | PairCorr |
| 0.65 | IFC | Intact Financial | PairCorr |
| 0.65 | TRI | Thomson Reuters Corp | PairCorr |
| 0.47 | AML | Argus Metals Corp Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Endeavour Silver could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Endeavour Silver 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 Endeavour Silver - 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 Endeavour Silver Corp to buy it.
The correlation of Endeavour Silver 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 Endeavour Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Endeavour Silver Corp 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 Endeavour Silver 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endeavour Silver Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.