Envela Corp Stock Current Valuation

ELA Stock  USD 4.62  0.07  1.54%   
Valuation analysis of Envela Corp helps investors to measure Envela Corp's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. As of March 29, 2024, Enterprise Value Multiple is expected to decline to 12.37. Fundamental drivers impacting Envela Corp's valuation include:
Price Book
2.4818
Enterprise Value
121.3 M
Enterprise Value Ebitda
11.1871
Price Sales
0.7091
Trailing PE
17.1111
Undervalued
Today
4.62
Please note that Envela Corp's price fluctuation is slightly risky at this time. Calculation of the real value of Envela Corp is based on 3 months time horizon. Increasing Envela Corp's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Envela Corp is useful when determining the fair value of the Envela stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Envela Corp. Since Envela Corp is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Envela Stock. However, Envela Corp's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  4.62 Real  6.27 Target  11.5 Hype  4.62 Naive  4.68
The real value of Envela Stock, also known as its intrinsic value, is the underlying worth of Envela Corp Company, which is reflected in its stock price. It is based on Envela Corp's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Envela Corp's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Envela Corp's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
6.27
Real Value
8.99
Upside
Estimating the potential upside or downside of Envela Corp helps investors to forecast how Envela stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Envela Corp more accurately as focusing exclusively on Envela Corp's fundamentals will not take into account other important factors:
Earnings
Estimates (0)
LowProjectedHigh
0.030.060.09
Details
Hype
Prediction
LowEstimatedHigh
1.904.627.34
Details
Naive
Forecast
LowNext ValueHigh
1.964.687.40
Details
2 Analysts
Consensus
LowTarget PriceHigh
10.4711.5012.77
Details

Envela Current Valuation Analysis

Envela Corp's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
 2021 2022 2023 2024 (projected)
Gross Profit31.2M44.8M40.3M42.3M
Total Revenue141.0M182.7M171.7M180.3M

Enterprise Value

 = 

Market Cap + Debt

-

Cash

More About Current Valuation | All Equity Analysis

Current Envela Corp Current Valuation

    
  121.34 M  
Most of Envela Corp's fundamental indicators, such as Current Valuation, 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, Envela Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Envela Current Valuation Driver Correlations

Understanding the fundamental principles of building solid financial models for Envela Corp is extremely important. It helps to project a fair market value of Envela Stock properly, considering its historical fundamentals such as Current Valuation. Since Envela Corp'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 Envela Corp'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 Envela Corp's interrelated accounts and indicators.
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Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition

In accordance with the recently published financial statements, Envela Corp has a Current Valuation of 121.34 M. This is 99.33% lower than that of the Specialty Retail sector and 95.93% lower than that of the Consumer Discretionary industry. The current valuation for all United States stocks is 99.27% higher than that of the company.

Envela Current Valuation Peer Comparison

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

Envela Fundamentals

About Envela Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Envela Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Envela Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Envela 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.
Envela Corporation, together with its subsidiaries, primarily buys and sells jewelry and bullion products to individual consumers, dealers, Fortune 500 companies, municipalities, school districts, and other organizations in the United States. Envela Corporation was incorporated in 1965 and is headquartered in Irving, Texas. Envela Corp operates under Luxury Goods classification in the United States and is traded on AMEX Exchange. It employs 256 people.

Pair Trading with Envela Corp

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 Envela Corp 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 Envela Corp will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Envela Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Envela Corp 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 Envela Corp - 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 Envela Corp to buy it.
The correlation of Envela Corp 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 Envela Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Envela 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 Envela Corp 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 Envela Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Envela Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Envela Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Envela Corp Stock:
Check out Envela Corp Piotroski F Score and Envela Corp Altman Z Score analysis.
For information on how to trade Envela Stock refer to our How to Trade Envela Stock guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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Is Envela Corp'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 Envela Corp. If investors know Envela 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 Envela Corp 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
(0.78)
Earnings Share
0.27
Revenue Per Share
6.4
Quarterly Revenue Growth
(0.23)
Return On Assets
0.0756
The market value of Envela Corp is measured differently than its book value, which is the value of Envela that is recorded on the company's balance sheet. Investors also form their own opinion of Envela Corp's value that differs from its market value or its book value, called intrinsic value, which is Envela Corp'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 Envela Corp's market value can be influenced by many factors that don't directly affect Envela Corp'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 Envela Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Envela Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Envela Corp'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.