Zurn Elkay Water Stock Fundamentals

ZWS Stock  USD 36.10  0.20  0.56%   
Zurn Elkay Water fundamentals help investors to digest information that contributes to Zurn Elkay's financial success or failures. It also enables traders to predict the movement of Zurn Stock. The fundamental analysis module provides a way to measure Zurn Elkay'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 Zurn Elkay stock.
At this time, Zurn Elkay's Interest Expense is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 154.1 M in 2024, whereas Total Revenue is likely to drop slightly above 977.7 M in 2024.
  
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Zurn Elkay Water Company Shares Outstanding Analysis

Zurn Elkay's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

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Public Shares

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Repurchased

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Current Zurn Elkay Shares Outstanding

    
  169.71 M  
Most of Zurn Elkay's fundamental indicators, such as Shares Outstanding, 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, Zurn Elkay Water is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Zurn Shares Outstanding Historical Pattern

Today, most investors in Zurn Elkay Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Zurn Elkay'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 shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Zurn Elkay shares outstanding as a starting point in their analysis.
   Zurn Elkay Shares Outstanding   
       Timeline  
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

Zurn Common Stock Shares Outstanding

Common Stock Shares Outstanding

186.12 Million

At this time, Zurn Elkay's Common Stock Shares Outstanding is comparatively stable compared to the past year.
Based on the latest financial disclosure, Zurn Elkay Water has 169.71 M of shares currently outstending. This is 16.45% higher than that of the Building Products sector and significantly higher than that of the Industrials industry. The shares outstanding for all United States stocks is 70.32% higher than that of the company.

Zurn Elkay Water Fundamental Drivers Relationships

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. You can analyze the relationship between different fundamental ratios across Zurn Elkay competition to find correlations between indicators driving Zurn Elkay's intrinsic value. More Info.
Zurn Elkay Water is rated fourth in return on equity category among its peers. It is rated third in return on asset category among its peers reporting about  0.67  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Zurn Elkay Water is roughly  1.49 . At this time, Zurn Elkay's Return On Equity 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 Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Zurn Elkay's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Zurn Elkay could also be used in its relative valuation, which is a method of valuing Zurn Elkay by comparing valuation metrics of similar companies.
Zurn Elkay is currently under evaluation in shares outstanding category among its peers.

Zurn Elkay ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Zurn Elkay's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Zurn Elkay's managers, analysts, and investors.
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Governance
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Zurn Fundamentals

About Zurn Elkay Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Zurn Elkay Water's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zurn Elkay using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zurn Elkay Water 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.
Last ReportedProjected for Next Year
Current Deferred Revenue3.5 M3.3 M
Total Revenue1.5 B977.7 M
Cost Of Revenue941.1 M646.7 M
Stock Based Compensation To Revenue 0.03  0.03 
Sales General And Administrative To Revenue 0.25  0.23 
Research And Ddevelopement To Revenue 0.02  0.02 
Capex To Revenue 0.01  0.02 
Revenue Per Share 8.78  8.34 
Ebit Per Revenue 0.14  0.15 

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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.