Electra Battery Materials Stock Cash Per Share
ELBM Stock | USD 0.41 0.02 4.42% |
Electra Battery Materials fundamentals help investors to digest information that contributes to Electra Battery's financial success or failures. It also enables traders to predict the movement of Electra Stock. The fundamental analysis module provides a way to measure Electra Battery'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 Electra Battery stock.
Last Reported | Projected for Next Year | ||
Cash Per Share | 0.21 | 0.22 |
Electra | Cash Per Share |
Electra Battery Materials Company Cash Per Share Analysis
Electra Battery's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Current Electra Battery Cash Per Share | 1.29 X |
Most of Electra Battery's fundamental indicators, such as Cash Per Share, 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, Electra Battery Materials is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Electra Cash Per Share Driver Correlations
Understanding the fundamental principles of building solid financial models for Electra Battery is extremely important. It helps to project a fair market value of Electra Stock properly, considering its historical fundamentals such as Cash Per Share. Since Electra Battery'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 Electra Battery'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 Electra Battery's interrelated accounts and indicators.
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Electra Cash Per Share Historical Pattern
Today, most investors in Electra Battery Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Electra Battery'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 cash per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Electra Battery cash per share as a starting point in their analysis.
Electra Battery Cash Per Share |
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Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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Electra Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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In accordance with the recently published financial statements, Electra Battery Materials has a Cash Per Share of 1.29 times. This is 41.1% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The cash per share for all United States stocks is 74.25% higher than that of the company.
Electra Cash Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Electra Battery's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Electra Battery could also be used in its relative valuation, which is a method of valuing Electra Battery by comparing valuation metrics of similar companies.Electra Battery is currently under evaluation in cash per share category among its peers.
Electra Battery Current Valuation Drivers
We derive many important indicators used in calculating different scores of Electra Battery from analyzing Electra Battery's financial statements. These drivers represent accounts that assess Electra Battery's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Electra Battery's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 61.9M | 148.9M | 157.4M | 79.0M | 22.1M | 21.0M | |
Enterprise Value | 63.8M | 151.4M | 122.0M | 100.7M | 58.3M | 58.2M |
Electra Fundamentals
Return On Equity | -0.78 | |||
Return On Asset | -0.042 | |||
Current Valuation | 63.62 M | |||
Shares Outstanding | 59.21 M | |||
Shares Owned By Insiders | 1.16 % | |||
Shares Owned By Institutions | 4.83 % | |||
Number Of Shares Shorted | 115.86 K | |||
Price To Book | 0.58 X | |||
EBITDA | (13.34 M) | |||
Net Income | (64.67 M) | |||
Cash And Equivalents | 41.77 M | |||
Cash Per Share | 1.29 X | |||
Total Debt | 44.58 M | |||
Debt To Equity | 0.22 % | |||
Current Ratio | 4.12 X | |||
Book Value Per Share | 1.49 X | |||
Cash Flow From Operations | (23.05 M) | |||
Short Ratio | 2.98 X | |||
Earnings Per Share | (1.01) X | |||
Target Price | 1.24 | |||
Beta | 1.95 | |||
Market Capitalization | 26.11 M | |||
Total Asset | 148.69 M | |||
Retained Earnings | (245.44 M) | |||
Working Capital | (5.39 M) | |||
Net Asset | 148.69 M |
About Electra Battery Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Electra Battery Materials's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Electra Battery using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Electra Battery Materials 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.
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Is Diversified Metals & Mining 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 Electra Battery. If investors know Electra 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 Electra Battery listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.01) | Return On Assets (0.04) | Return On Equity (0.78) |
The market value of Electra Battery Materials is measured differently than its book value, which is the value of Electra that is recorded on the company's balance sheet. Investors also form their own opinion of Electra Battery's value that differs from its market value or its book value, called intrinsic value, which is Electra Battery'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 Electra Battery's market value can be influenced by many factors that don't directly affect Electra Battery'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 Electra Battery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electra Battery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electra Battery'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.