Ellington Financial Cash Flow From Operations vs. Revenue

EFC-PD Stock   23.72  0.42  1.80%   
Taking into consideration Ellington Financial's profitability measurements, Ellington Financial is performing exceptionally good at the present time. It has a great chance to showcase excellent profitability results in January. Profitability indicators assess Ellington Financial's ability to earn profits and add value for shareholders. The current year's EV To Sales is expected to grow to 76.40, whereas Price To Sales Ratio is forecasted to decline to 3.25. At present, Ellington Financial's Net Income From Continuing Ops is projected to increase significantly based on the last few years of reporting. The current year's Income Before Tax is expected to grow to about 92.8 M, whereas Net Interest Income is forecasted to decline to about 98.3 M.
Current ValueLast YearChange From Last Year 10 Year Trend
Operating Profit Margin1.020.5091
Way Up
Pretty Stable
For Ellington Financial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ellington Financial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ellington Financial utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ellington Financial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ellington Financial over time as well as its relative position and ranking within its peers.
  
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For information on how to trade Ellington Stock refer to our How to Trade Ellington Stock guide.
Please note, there is a significant difference between Ellington Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ellington Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ellington Financial'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.

Ellington Financial Revenue vs. Cash Flow From Operations Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Ellington Financial's current stock value. Our valuation model uses many indicators to compare Ellington Financial value to that of its competitors to determine the firm's financial worth.
Ellington Financial is one of the top stocks in cash flow from operations category among its peers. It also is rated as one of the top companies in revenue category among its peers . At present, Ellington Financial's Total Revenue is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Ellington Financial 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.

Ellington Revenue vs. Cash Flow From Operations

Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.

Ellington Financial

Operating Cash Flow

 = 

EBITDA

-

Taxes

 = 
(241.86 M)
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Ellington Financial

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
251.79 M
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Ellington Revenue vs Competition

Ellington Financial is rated as one of the top companies in revenue category among its peers. Market size based on revenue of REIT - Mortgage industry is currently estimated at about 2.37 Trillion. Ellington Financial adds roughly 251.79 Million in revenue claiming only tiny portion of equities listed under REIT - Mortgage industry.

Ellington Financial Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Ellington Financial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ellington Financial will eventually generate negative long term returns. The profitability progress is the general direction of Ellington Financial's change in net profit over the period of time. It can combine multiple indicators of Ellington Financial, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income-355.6 M-337.8 M
Net Interest Income107.7 M98.3 M
Interest Income370.2 M275.4 M
Operating Income103.5 M107.5 M
Net Income From Continuing Ops87.9 M92.3 M
Income Before Tax88.4 M92.8 M
Total Other Income Expense Net-15.1 M-14.4 M
Net Income84.1 M88.3 M
Income Tax Expense457 K479.9 K
Net Income Per Share 1.22  1.99 
Income Quality(2.88)(2.73)
Net Income Per E B T 0.94  0.99 

Ellington Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Ellington Financial. 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 Ellington Financial 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 Ellington Financial's important profitability drivers and their relationship over time.

Use Ellington Financial 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 Ellington Financial 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 Ellington Financial will appreciate offsetting losses from the drop in the long position's value.

Ellington Financial Pair Trading

Ellington Financial Pair Trading Analysis

The ability to find closely correlated positions to Ellington Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ellington Financial 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 Ellington Financial - 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 Ellington Financial to buy it.
The correlation of Ellington Financial 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 Ellington Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ellington Financial 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 Ellington Financial 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Ellington Financial position

In addition to having Ellington Financial 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.

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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 Sector ETFs Theme or any other thematic opportunities.
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When determining whether Ellington Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ellington Financial'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 Ellington Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ellington Financial Stock:
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For information on how to trade Ellington Stock refer to our How to Trade Ellington Stock guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
To fully project Ellington Financial's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ellington Financial 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 Ellington Financial's income statement, its balance sheet, and the statement of cash flows.
Potential Ellington Financial investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Ellington Financial investors may work on each financial statement separately, they are all related. The changes in Ellington Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ellington Financial'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.