Envela Corp Stock Filter Stocks by Fundamentals

ELA Stock  USD 4.62  0.07  1.54%   
Envela Corp fundamentals help investors to digest information that contributes to Envela Corp's financial success or failures. It also enables traders to predict the movement of Envela Stock. The fundamental analysis module provides a way to measure Envela Corp'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 Envela Corp stock.
The current year's Price To Sales Ratio is expected to grow to 0.87.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Envela Price to Sales Analysis

 2021 2022 2023 2024 (projected)
Gross Profit31.2M44.8M40.3M42.3M
Total Revenue141.0M182.7M171.7M180.3M
More About Price to Sales | All Equity Analysis

Envela Price to Sales 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 Price to Sales. 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.
0.190.980.390.790.970.720.070.920.990.68-0.12-0.650.720.39-0.280.790.940.780.940.610.720.040.340.960.920.910.66-0.65
0.190.22-0.250.120.14-0.080.120.110.230.02-0.22-0.210.070.050.150.140.17-0.180.130.10.01-0.28-0.450.140.080.10.2-0.21
0.980.220.210.840.950.60.00.820.990.58-0.14-0.730.670.38-0.340.730.970.690.910.650.6-0.050.210.970.890.90.75-0.73
0.39-0.250.210.110.450.850.130.660.290.71-0.290.110.360.35-0.130.570.240.720.480.260.690.430.630.320.510.41-0.110.11
0.790.120.840.110.810.43-0.50.610.790.45-0.3-0.690.56-0.02-0.150.570.910.520.810.370.57-0.140.290.840.740.760.71-0.69
0.970.140.950.450.810.79-0.010.890.960.69-0.22-0.60.680.42-0.380.840.950.790.970.640.71-0.030.320.950.940.930.62-0.6
0.72-0.080.60.850.430.790.20.850.650.78-0.25-0.110.620.55-0.270.850.610.880.770.530.810.190.510.640.820.760.17-0.11
0.070.120.00.13-0.5-0.010.20.170.080.170.390.340.170.66-0.130.14-0.180.2-0.090.30.030.16-0.17-0.070.10.1-0.170.34
0.920.110.820.660.610.890.850.170.880.79-0.08-0.430.710.37-0.140.820.780.840.890.480.840.190.540.830.870.830.44-0.43
0.990.230.990.290.790.960.650.080.880.62-0.09-0.690.690.39-0.310.750.940.730.930.620.64-0.030.240.960.90.90.7-0.69
0.680.020.580.710.450.690.780.170.790.62-0.37-0.160.690.35-0.10.670.540.780.680.380.770.280.560.590.720.660.26-0.16
-0.12-0.22-0.14-0.29-0.3-0.22-0.250.39-0.08-0.09-0.370.16-0.17-0.150.3-0.08-0.22-0.21-0.19-0.28-0.13-0.210.08-0.22-0.21-0.17-0.10.16
-0.65-0.21-0.730.11-0.69-0.6-0.110.34-0.43-0.69-0.160.16-0.17-0.040.33-0.35-0.74-0.22-0.64-0.48-0.170.14-0.04-0.74-0.45-0.46-0.851.0
0.720.070.670.360.560.680.620.170.710.690.69-0.17-0.170.260.080.480.580.660.650.290.580.110.320.590.690.690.3-0.17
0.390.050.380.35-0.020.420.550.660.370.390.35-0.15-0.040.26-0.710.440.310.560.310.870.250.25-0.210.420.560.550.23-0.04
-0.280.15-0.34-0.13-0.15-0.38-0.27-0.13-0.14-0.31-0.10.30.330.08-0.71-0.17-0.35-0.35-0.27-0.80.05-0.170.33-0.47-0.43-0.45-0.340.33
0.790.140.730.570.570.840.850.140.820.750.67-0.08-0.350.480.44-0.170.770.750.840.540.82-0.150.470.710.810.770.41-0.35
0.940.170.970.240.910.950.61-0.180.780.940.54-0.22-0.740.580.31-0.350.770.680.920.630.65-0.090.270.960.890.890.75-0.74
0.78-0.180.690.720.520.790.880.20.840.730.78-0.21-0.220.660.56-0.350.750.680.760.60.790.290.50.740.880.840.34-0.22
0.940.130.910.480.810.970.77-0.090.890.930.68-0.19-0.640.650.31-0.270.840.920.760.570.7-0.130.380.910.890.880.65-0.64
0.610.10.650.260.370.640.530.30.480.620.38-0.28-0.480.290.87-0.80.540.630.60.570.320.14-0.160.710.720.720.63-0.48
0.720.010.60.690.570.710.810.030.840.640.77-0.13-0.170.580.250.050.820.650.790.70.320.290.720.630.780.70.3-0.17
0.04-0.28-0.050.43-0.14-0.030.190.160.19-0.030.28-0.210.140.110.25-0.17-0.15-0.090.29-0.130.140.290.30.070.120.05-0.150.14
0.34-0.450.210.630.290.320.51-0.170.540.240.560.08-0.040.32-0.210.330.470.270.50.38-0.160.720.30.220.30.20.0-0.04
0.960.140.970.320.840.950.64-0.070.830.960.59-0.22-0.740.590.42-0.470.710.960.740.910.710.630.070.220.920.930.75-0.74
0.920.080.890.510.740.940.820.10.870.90.72-0.21-0.450.690.56-0.430.810.890.880.890.720.780.120.30.920.990.6-0.45
0.910.10.90.410.760.930.760.10.830.90.66-0.17-0.460.690.55-0.450.770.890.840.880.720.70.050.20.930.990.62-0.46
0.660.20.75-0.110.710.620.17-0.170.440.70.26-0.1-0.850.30.23-0.340.410.750.340.650.630.3-0.150.00.750.60.62-0.85
-0.65-0.21-0.730.11-0.69-0.6-0.110.34-0.43-0.69-0.160.161.0-0.17-0.040.33-0.35-0.74-0.22-0.64-0.48-0.170.14-0.04-0.74-0.45-0.46-0.85
Click cells to compare fundamentals

Envela Price to Sales Historical Pattern

Today, most investors in Envela Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Envela Corp'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 price to sales growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Envela Corp price to sales as a starting point in their analysis.
   Envela Corp Price to Sales   
       Timeline  
Competition

Envela Price To Sales Ratio

Price To Sales Ratio

0.87

At present, Envela Corp's Price To Sales Ratio is projected to slightly decrease based on the last few years of reporting.
Based on the latest financial disclosure, the price to sales indicator of Envela Corp is roughly 0.0null. This indicator is about the same for the Specialty Retail average (which is currently at 0.0) sector and about the same as Price to Sales (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).

Did you try this?

Run Global Markets Map Now

   

Global Markets Map

Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
All  Next Launch Module

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.
Last ReportedProjected for 2024
Price To Sales Ratio 0.76  0.87 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Envela Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Envela Corp's short interest history, or implied volatility extrapolated from Envela Corp options trading.

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 AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

Complementary Tools for Envela Stock analysis

When running Envela Corp's price analysis, check to measure Envela Corp'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 Envela Corp is operating at the current time. Most of Envela Corp's value examination focuses on studying past and present price action to predict the probability of Envela Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Envela Corp's price. Additionally, you may evaluate how the addition of Envela Corp to your portfolios can decrease your overall portfolio volatility.
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Fundamental Analysis
View fundamental data based on most recent published financial statements
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
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.