Evolent Health Stock Gross Profit

EVH Stock

USD 12.92 0.01 0.08%

Evolent Health fundamentals help investors to digest information that contributes to Evolent Health's financial success or failures. It also enables traders to predict the movement of Evolent Stock. The fundamental analysis module provides a way to measure Evolent Health'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 Evolent Health stock.

	Last Reported	Projected for Next Year
Gross Profit	460.5 M	483.5 M
Gross Profit Margin	0.23	0.19

The Evolent Health's current Gross Profit is estimated to increase to about 483.5 M, while Gross Profit Margin is projected to decrease to 0.19.

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Evolent Health Company Gross Profit Analysis

Evolent Health's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

Revenue

-

Cost of Revenue

More About Gross Profit | All Equity Analysis

Current Evolent Health Gross Profit

316.58 M

Most of Evolent Health's fundamental indicators, such as Gross Profit, 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, Evolent Health is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Evolent Gross Profit Driver Correlations

Understanding the fundamental principles of building solid financial models for Evolent Health is extremely important. It helps to project a fair market value of Evolent Stock properly, considering its historical fundamentals such as Gross Profit. Since Evolent Health'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 Evolent Health'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 Evolent Health's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Intangible Assets	Current Deferred Revenue	Short Term Investments	Short Term Debt	Property Plant Equipment	Net Tangible Assets	Long Term Debt	Good Will	Deferred Long Term Liab	Long Term Investments	Common Stock	Capital Surpluse	Long Term Debt Total	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.86	0.76	-0.64	0.61	0.87	0.92	0.85	0.98	-0.48	0.24	-0.01	0.8	-0.57	0.82	0.45	-0.65	-0.27	0.92	0.85	0.76	-0.8	0.56	0.54	-0.8	0.76
Total Stockholder Equity	0.86		0.44	-0.32	0.74	0.52	0.62	0.84	0.74	-0.05	0.3	0.27	0.79	-0.25	0.48	0.35	-0.55	-0.15	0.94	0.79	0.61	-0.66	0.49	0.42	-0.55	0.45
Net Debt	0.76	0.44		-0.77	0.21	0.89	0.89	0.5	0.85	-0.69	-0.12	-0.53	0.64	-0.68	0.95	0.54	-0.56	0.0	0.58	0.7	0.83	-0.72	0.19	0.65	-0.9	0.86
Retained Earnings	-0.64	-0.32	-0.77		-0.27	-0.8	-0.85	-0.66	-0.7	0.77	-0.13	0.59	-0.77	0.5	-0.85	-0.16	0.77	0.23	-0.58	-0.81	-0.8	0.81	-0.59	-0.22	0.89	-0.81
Accounts Payable	0.61	0.74	0.21	-0.27		0.32	0.44	0.71	0.49	-0.01	0.31	0.25	0.65	-0.06	0.32	0.18	-0.22	-0.3	0.67	0.63	0.38	-0.66	0.54	0.23	-0.34	0.23
Net Receivables	0.87	0.52	0.89	-0.8	0.32		0.98	0.67	0.95	-0.77	0.12	-0.28	0.66	-0.72	0.96	0.57	-0.6	-0.36	0.67	0.75	0.79	-0.7	0.47	0.63	-0.84	0.94
Total Liab	0.92	0.62	0.89	-0.85	0.44	0.98		0.77	0.97	-0.71	0.14	-0.29	0.78	-0.66	0.96	0.47	-0.68	-0.3	0.77	0.84	0.83	-0.82	0.56	0.56	-0.89	0.9
Total Current Assets	0.85	0.84	0.5	-0.66	0.71	0.67	0.77		0.78	-0.36	0.32	0.03	0.9	-0.36	0.63	0.29	-0.67	-0.43	0.93	0.92	0.75	-0.8	0.79	0.32	-0.65	0.65
Intangible Assets	0.98	0.74	0.85	-0.7	0.49	0.95	0.97	0.78		-0.59	0.18	-0.11	0.75	-0.66	0.91	0.55	-0.62	-0.3	0.83	0.81	0.79	-0.76	0.49	0.63	-0.83	0.86
Current Deferred Revenue	-0.48	-0.05	-0.69	0.77	-0.01	-0.77	-0.71	-0.36	-0.59		0.07	0.5	-0.38	0.81	-0.73	-0.36	0.36	0.3	-0.32	-0.47	-0.67	0.52	-0.25	-0.37	0.7	-0.84
Short Term Investments	0.24	0.3	-0.12	-0.13	0.31	0.12	0.14	0.32	0.18	0.07		0.31	0.18	0.04	-0.01	-0.17	-0.4	-0.45	0.33	0.23	-0.09	-0.02	0.37	-0.27	-0.1	0.08
Short Term Debt	-0.01	0.27	-0.53	0.59	0.25	-0.28	-0.29	0.03	-0.11	0.5	0.31		-0.19	0.19	-0.42	0.01	0.33	-0.23	0.07	-0.23	-0.37	0.32	0.03	-0.04	0.5	-0.38
Property Plant Equipment	0.8	0.79	0.64	-0.77	0.65	0.66	0.78	0.9	0.75	-0.38	0.18	-0.19		-0.28	0.72	0.23	-0.78	-0.09	0.89	0.98	0.87	-0.92	0.64	0.32	-0.82	0.64
Net Tangible Assets	-0.57	-0.25	-0.68	0.5	-0.06	-0.72	-0.66	-0.36	-0.66	0.81	0.04	0.19	-0.28		-0.65	-0.53	0.18	0.36	-0.42	-0.39	-0.61	0.36	-0.04	-0.52	0.56	-0.78
Long Term Debt	0.82	0.48	0.95	-0.85	0.32	0.96	0.96	0.63	0.91	-0.73	-0.01	-0.42	0.72	-0.65		0.54	-0.61	-0.2	0.63	0.78	0.84	-0.78	0.41	0.64	-0.89	0.91
Good Will	0.45	0.35	0.54	-0.16	0.18	0.57	0.47	0.29	0.55	-0.36	-0.17	0.01	0.23	-0.53	0.54		0.06	-0.21	0.27	0.32	0.53	-0.18	-0.11	0.97	-0.3	0.66
Deferred Long Term Liab	-0.65	-0.55	-0.56	0.77	-0.22	-0.6	-0.68	-0.67	-0.62	0.36	-0.4	0.33	-0.78	0.18	-0.61	0.06		0.05	-0.73	-0.8	-0.63	0.67	-0.6	-0.01	0.78	-0.56
Long Term Investments	-0.27	-0.15	0.0	0.23	-0.3	-0.36	-0.3	-0.43	-0.3	0.3	-0.45	-0.23	-0.09	0.36	-0.2	-0.21	0.05		-0.22	-0.21	-0.08	0.03	-0.59	-0.07	-0.04	-0.34
Common Stock	0.92	0.94	0.58	-0.58	0.67	0.67	0.77	0.93	0.83	-0.32	0.33	0.07	0.89	-0.42	0.63	0.27	-0.73	-0.22		0.91	0.75	-0.8	0.61	0.34	-0.73	0.62
Capital Surpluse	0.85	0.79	0.7	-0.81	0.63	0.75	0.84	0.92	0.81	-0.47	0.23	-0.23	0.98	-0.39	0.78	0.32	-0.8	-0.21	0.91		0.9	-0.91	0.65	0.39	-0.85	0.75
Long Term Debt Total	0.76	0.61	0.83	-0.8	0.38	0.79	0.83	0.75	0.79	-0.67	-0.09	-0.37	0.87	-0.61	0.84	0.53	-0.63	-0.08	0.75	0.9		-0.83	0.38	0.6	-0.87	0.87
Short Long Term Debt	-0.8	-0.66	-0.72	0.81	-0.66	-0.7	-0.82	-0.8	-0.76	0.52	-0.02	0.32	-0.92	0.36	-0.78	-0.18	0.67	0.03	-0.8	-0.91	-0.83		-0.6	-0.31	0.87	-0.64
Cash And Equivalents	0.56	0.49	0.19	-0.59	0.54	0.47	0.56	0.79	0.49	-0.25	0.37	0.03	0.64	-0.04	0.41	-0.11	-0.6	-0.59	0.61	0.65	0.38	-0.6		-0.1	-0.37	0.36
Net Invested Capital	0.54	0.42	0.65	-0.22	0.23	0.63	0.56	0.32	0.63	-0.37	-0.27	-0.04	0.32	-0.52	0.64	0.97	-0.01	-0.07	0.34	0.39	0.6	-0.31	-0.1		-0.41	0.67
Net Working Capital	-0.8	-0.55	-0.9	0.89	-0.34	-0.84	-0.89	-0.65	-0.83	0.7	-0.1	0.5	-0.82	0.56	-0.89	-0.3	0.78	-0.04	-0.73	-0.85	-0.87	0.87	-0.37	-0.41		-0.83
Capital Stock	0.76	0.45	0.86	-0.81	0.23	0.94	0.9	0.65	0.86	-0.84	0.08	-0.38	0.64	-0.78	0.91	0.66	-0.56	-0.34	0.62	0.75	0.87	-0.64	0.36	0.67	-0.83

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Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.

Competition

Predict Evolent Health

Gross Profit Over Time

According to the company disclosure, Evolent Health reported 316.58 M of gross profit. This is 85.89% lower than that of the Health Care Technology sector and significantly higher than that of the Health Care industry. The gross profit for all United States stocks is 98.84% higher than that of the company.

Evolent Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Evolent Health's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Evolent Health could also be used in its relative valuation, which is a method of valuing Evolent Health by comparing valuation metrics of similar companies.

Evolent Health is currently under evaluation in gross profit category among its peers.

Evolent Health 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, Evolent Health's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Evolent Health's managers, analysts, and investors.

Environmental

Governance

Social

Evolent Fundamentals

	Return On Equity	-0.0578
	Return On Asset	0.0073
	Profit Margin	(0.03) %
	Operating Margin	(0.03) %
	Current Valuation	2.02 B
	Shares Outstanding	115.03 M
	Shares Owned By Insiders	3.94 %
	Shares Owned By Institutions	96.06 %
	Number Of Shares Shorted	10.82 M
	Price To Earning	(13.88) X
	Price To Book	1.43 X
	Price To Sales	0.60 X
	Revenue	1.96 B
	Gross Profit	316.58 M
	EBITDA	(24.79 M)
	Net Income	(113.04 M)
	Cash And Equivalents	188.2 M
	Cash Per Share	1.57 X
	Total Debt	644.8 M
	Debt To Equity	0.56 %
	Current Ratio	1.03 X
	Book Value Per Share	9.03 X
	Cash Flow From Operations	142.58 M
	Short Ratio	3.46 X
	Earnings Per Share	(0.92) X
	Price To Earnings To Growth	(1.37) X
	Target Price	26.02
	Number Of Employees	4.7 K
	Beta	1.59
	Market Capitalization	1.49 B
	Total Asset	2.68 B
	Retained Earnings	(719.19 M)
	Working Capital	9.43 M
	Current Asset	184.46 M
	Current Liabilities	59.51 M
	Net Asset	2.68 B

About Evolent Health Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Evolent Health's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Evolent Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Evolent Health 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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When determining whether Evolent Health offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Evolent Health'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 Evolent Health Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Evolent Health Stock:

How To Invest In Evolent

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Is Evolent Stock a good investment?

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What is Evolent Health's Net Worth?

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Largest Health Care Technology Companies

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Largest Health Care Equipment & Services Companies

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Check out Evolent Health Piotroski F Score and Evolent Health Altman Z Score analysis.

For more detail on how to invest in Evolent Stock please use our How to Invest in Evolent Health guide.

You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Is Health Care Technology 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 Evolent Health. If investors know Evolent 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 Evolent Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.92)

Revenue Per Share

21.554

Quarterly Revenue Growth

0.216

Return On Assets

0.0073

Return On Equity

(0.06)

The market value of Evolent Health is measured differently than its book value, which is the value of Evolent that is recorded on the company's balance sheet. Investors also form their own opinion of Evolent Health's value that differs from its market value or its book value, called intrinsic value, which is Evolent Health'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 Evolent Health's market value can be influenced by many factors that don't directly affect Evolent Health'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 Evolent Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evolent Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evolent Health'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.

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Evolent Health Stock Gross Profit

Evolent Health Company Gross Profit Analysis

Gross Profit

Revenue

-

Cost of Revenue

Current Evolent Health Gross Profit

Evolent Gross Profit Driver Correlations

Evolent Gross Profit Peer Comparison

Evolent Health ESG Sustainability

Evolent Fundamentals

About Evolent Health Fundamental Analysis

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