Ceco Environmental Corp Stock Fundamentals
| CECO Stock | USD 31.88 0.56 1.73% |
CECO Environmental Corp fundamentals help investors to digest information that contributes to CECO Environmental's financial success or failures. It also enables traders to predict the movement of CECO Stock. The fundamental analysis module provides a way to measure CECO Environmental'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 CECO Environmental stock.
At this time, CECO Environmental's EBIT is very stable compared to the past year. As of the 28th of November 2024, EBITDA is likely to grow to about 55.3 M, though Total Other Income Expense Net is likely to grow to (12.4 M). CECO | Select Account or Indicator |
CECO Environmental Corp Company Operating Margin Analysis
CECO Environmental's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current CECO Environmental Operating Margin | 0.06 % |
Most of CECO Environmental's fundamental indicators, such as Operating Margin, 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, CECO Environmental Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
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CECO Pretax Profit Margin
Pretax Profit Margin |
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Based on the recorded statements, CECO Environmental Corp has an Operating Margin of 0.0615%. This is 100.19% lower than that of the Machinery sector and 98.12% lower than that of the Industrials industry. The operating margin for all United States stocks is 101.12% lower than that of the firm.
CECO Environmental Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining CECO Environmental's current stock value. Our valuation model uses many indicators to compare CECO Environmental value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CECO Environmental competition to find correlations between indicators driving CECO Environmental's intrinsic value. More Info.CECO Environmental Corp is rated fourth in return on equity category among its peers. It also is rated fourth in return on asset category among its peers reporting about 0.73 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for CECO Environmental Corp is roughly 1.38 . At this time, CECO Environmental's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the CECO Environmental's earnings, one of the primary drivers of an investment's value.CECO Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CECO Environmental's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CECO Environmental could also be used in its relative valuation, which is a method of valuing CECO Environmental by comparing valuation metrics of similar companies.CECO Environmental is currently under evaluation in operating margin category among its peers.
CECO Environmental Current Valuation Drivers
We derive many important indicators used in calculating different scores of CECO Environmental from analyzing CECO Environmental's financial statements. These drivers represent accounts that assess CECO Environmental's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of CECO Environmental's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 643.4M | 245.6M | 220.2M | 405.0M | 703.0M | 738.2M | |
| Enterprise Value | 684.4M | 291.5M | 262.8M | 479.1M | 803.7M | 843.9M |
CECO Environmental 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, CECO Environmental's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to CECO Environmental's managers, analysts, and investors.Environmental | Governance | Social |
CECO Fundamentals
| Return On Equity | 0.0584 | ||||
| Return On Asset | 0.0424 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 1.26 B | ||||
| Shares Outstanding | 34.98 M | ||||
| Shares Owned By Insiders | 17.01 % | ||||
| Shares Owned By Institutions | 82.84 % | ||||
| Number Of Shares Shorted | 1.83 M | ||||
| Price To Earning | 23.49 X | ||||
| Price To Book | 4.70 X | ||||
| Price To Sales | 2.05 X | ||||
| Revenue | 544.85 M | ||||
| Gross Profit | 128.22 M | ||||
| EBITDA | 52.7 M | ||||
| Net Income | 12.91 M | ||||
| Cash And Equivalents | 281.83 M | ||||
| Cash Per Share | 4.01 X | ||||
| Total Debt | 155.48 M | ||||
| Debt To Equity | 16.60 % | ||||
| Current Ratio | 2.67 X | ||||
| Book Value Per Share | 6.90 X | ||||
| Cash Flow From Operations | 44.65 M | ||||
| Short Ratio | 5.37 X | ||||
| Earnings Per Share | 0.33 X | ||||
| Price To Earnings To Growth | 1.81 X | ||||
| Target Price | 34.5 | ||||
| Number Of Employees | 1.2 K | ||||
| Beta | 1.35 | ||||
| Market Capitalization | 1.13 B | ||||
| Total Asset | 613.11 M | ||||
| Retained Earnings | (6.39 M) | ||||
| Working Capital | 78.33 M | ||||
| Current Asset | 288.96 M | ||||
| Current Liabilities | 192.81 M | ||||
| Net Asset | 613.11 M |
About CECO Environmental Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CECO Environmental Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CECO Environmental using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CECO Environmental 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 Reported | Projected for Next Year | ||
| Current Deferred Revenue | 64.8 M | 35.4 M | |
| Total Revenue | 544.8 M | 572.1 M | |
| Cost Of Revenue | 382 M | 401.1 M | |
| Stock Based Compensation To Revenue | 0.01 | 0.01 | |
| Sales General And Administrative To Revenue | 0.22 | 0.17 | |
| Capex To Revenue | 0.02 | 0.01 | |
| Revenue Per Share | 15.72 | 16.50 | |
| Ebit Per Revenue | 0.06 | 0.07 |
Pair Trading with CECO Environmental
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 CECO Environmental 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 CECO Environmental will appreciate offsetting losses from the drop in the long position's value.Moving together with CECO Stock
Moving against CECO Stock
| 0.54 | SPEC | Spectaire Holdings | PairCorr |
| 0.46 | ERII | Energy Recovery | PairCorr |
| 0.46 | SCWO | 374Water Common Stock | PairCorr |
The ability to find closely correlated positions to CECO Environmental could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CECO Environmental 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 CECO Environmental - 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 CECO Environmental Corp to buy it.
The correlation of CECO Environmental 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 CECO Environmental moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CECO Environmental 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 CECO Environmental 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 CECO Environmental Piotroski F Score and CECO Environmental Altman Z Score analysis. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Industrial Machinery & Supplies & Components space 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 CECO Environmental. If investors know CECO 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 CECO Environmental 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 (0.34) | Earnings Share 0.33 | Revenue Per Share 15.853 | Quarterly Revenue Growth (0.09) | Return On Assets 0.0424 |
The market value of CECO Environmental Corp is measured differently than its book value, which is the value of CECO that is recorded on the company's balance sheet. Investors also form their own opinion of CECO Environmental's value that differs from its market value or its book value, called intrinsic value, which is CECO Environmental'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 CECO Environmental's market value can be influenced by many factors that don't directly affect CECO Environmental'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 CECO Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if CECO Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CECO Environmental'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.