Elcora Advanced Return On Asset vs. Price To Earning

ECORF Stock  USD 0.01  0  38.89%   
Based on the measurements of profitability obtained from Elcora Advanced's financial statements, Elcora Advanced Materials may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Elcora Advanced's ability to earn profits and add value for shareholders.
For Elcora Advanced profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Elcora Advanced to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Elcora Advanced Materials utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Elcora Advanced's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Elcora Advanced Materials over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Elcora Advanced's value and its price as these two are different measures arrived at by different means. Investors typically determine if Elcora Advanced is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elcora Advanced'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.

Elcora Advanced Materials Price To Earning vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Elcora Advanced's current stock value. Our valuation model uses many indicators to compare Elcora Advanced value to that of its competitors to determine the firm's financial worth.
Elcora Advanced Materials is rated below average in return on asset category among its peers. It is one of the top stocks in price to earning category among its peers . 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 Elcora Advanced's earnings, one of the primary drivers of an investment's value.

Elcora Price To Earning vs. Return On Asset

Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Elcora Advanced

Return On Asset

 = 

Net Income

Total Assets

 = 
-0.35
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

Elcora Advanced

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
2.29 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.

Elcora Price To Earning Comparison

Elcora Advanced is currently under evaluation in price to earning category among its peers.

Elcora Advanced Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Elcora Advanced, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Elcora Advanced will eventually generate negative long term returns. The profitability progress is the general direction of Elcora Advanced's change in net profit over the period of time. It can combine multiple indicators of Elcora Advanced, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Elcora Advanced Materials Corp., engages in the exploration of mineral properties in Canada. Elcora Advanced Materials Corp. was incorporated in 2011 and is headquartered in Bedford, Canada. Elcora Resources is traded on OTC Exchange in the United States.

Elcora Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Elcora Advanced. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Elcora Advanced position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Elcora Advanced's important profitability drivers and their relationship over time.

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Social Domain Theme
New or established large and mid-sized companies that are involved in the social media industry, including entities that provide web-based or mobile media applications and services across across large segment of population in multiple geographical areas. The Social Domain theme has 39 constituents at this time.
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Other Information on Investing in Elcora Pink Sheet

To fully project Elcora Advanced's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Elcora Advanced Materials at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Elcora Advanced's income statement, its balance sheet, and the statement of cash flows.
Potential Elcora Advanced investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Elcora Advanced investors may work on each financial statement separately, they are all related. The changes in Elcora Advanced's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Elcora Advanced's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.