Ecovyst EBITDA vs. Return On Asset
| ECVT Stock | USD 7.52 0.22 3.01% |
EBITDA | First Reported 2010-12-31 | Previous Quarter 234 M | Current Value 186 M | Quarterly Volatility 108.1 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.22 | 0.2864 |
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| Operating Profit Margin | 0.1 | 0.1398 |
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For Ecovyst profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ecovyst to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ecovyst utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ecovyst's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ecovyst over time as well as its relative position and ranking within its peers.
Ecovyst |
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 Ecovyst. If investors know Ecovyst 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 Ecovyst 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 (0.14) | Earnings Share 0.45 | Revenue Per Share 5.96 | Quarterly Revenue Growth 0.034 | Return On Assets 0.0338 |
The market value of Ecovyst is measured differently than its book value, which is the value of Ecovyst that is recorded on the company's balance sheet. Investors also form their own opinion of Ecovyst's value that differs from its market value or its book value, called intrinsic value, which is Ecovyst'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 Ecovyst's market value can be influenced by many factors that don't directly affect Ecovyst'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 Ecovyst's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ecovyst is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ecovyst'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.
Ecovyst Return On Asset vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ecovyst's current stock value. Our valuation model uses many indicators to compare Ecovyst value to that of its competitors to determine the firm's financial worth. Ecovyst is rated below average in ebitda category among its peers. It is rated below average in return on asset category among its peers . The ratio of EBITDA to Return On Asset for Ecovyst is about 6,923,017,751 . At this time, Ecovyst's EBITDA is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Ecovyst by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Ecovyst Return On Asset vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Ecovyst |
| = | 234 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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.
Ecovyst |
| = | 0.0338 |
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.
Ecovyst Return On Asset Comparison
Ecovyst is currently under evaluation in return on asset category among its peers.
Ecovyst Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ecovyst, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ecovyst will eventually generate negative long term returns. The profitability progress is the general direction of Ecovyst's change in net profit over the period of time. It can combine multiple indicators of Ecovyst, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -958 K | -1 M | |
| Operating Income | 96.7 M | 92.7 M | |
| Income Before Tax | 81.9 M | 86 M | |
| Total Other Income Expense Net | -14.7 M | -15.4 M | |
| Net Income | 71.2 M | 74.7 M | |
| Income Tax Expense | 10.8 M | 11.3 M | |
| Net Interest Income | -41.1 M | -43.2 M | |
| Net Income From Continuing Ops | 62.6 M | 65.7 M | |
| Net Income Applicable To Common Shares | 66.3 M | 69.6 M | |
| Non Operating Income Net Other | -3.3 M | -3.1 M | |
| Change To Netincome | 39 M | 37 M | |
| Net Income Per Share | 0.60 | 0.63 | |
| Income Quality | 1.93 | 2.33 | |
| Net Income Per E B T | 0.87 | 0.82 |
Ecovyst Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ecovyst. 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 Ecovyst 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 Ecovyst's important profitability drivers and their relationship over time.
Use Ecovyst in pair-trading
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 Ecovyst 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 Ecovyst will appreciate offsetting losses from the drop in the long position's value.Ecovyst Pair Trading
Ecovyst Pair Trading Analysis
The ability to find closely correlated positions to Ecovyst could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ecovyst 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 Ecovyst - 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 Ecovyst to buy it.
The correlation of Ecovyst 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 Ecovyst moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ecovyst 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 Ecovyst 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.Use Investing Themes to Complement your Ecovyst position
In addition to having Ecovyst in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Emerging Markets Funds
Fund or Etfs that invest in markets of developing countries. The Emerging Markets Funds theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Emerging Markets Funds Theme or any other thematic opportunities.
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Additional Tools for Ecovyst Stock Analysis
When running Ecovyst's price analysis, check to measure Ecovyst'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 Ecovyst is operating at the current time. Most of Ecovyst's value examination focuses on studying past and present price action to predict the probability of Ecovyst's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ecovyst's price. Additionally, you may evaluate how the addition of Ecovyst to your portfolios can decrease your overall portfolio volatility.