Ellington Financial Return On Equity vs. EBITDA
| EFC-PE Stock | 25.56 0.00 0.00% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.05542522 | Current Value 0.0768 | Quarterly Volatility 0.05802901 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Operating Profit Margin | 1.02 | 0.5091 |
|
|
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.
Ellington |
Ellington Financial EBITDA vs. Return On Equity 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 return on equity category among its peers. It also is one of the top stocks in ebitda category among its peers totaling about 3,504,637,053 of EBITDA per Return On Equity. At present, Ellington Financial's Return On Equity is projected to slightly decrease 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 EBITDA vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Ellington Financial |
| = | 0.0923 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
Ellington Financial |
| = | 323.48 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.
Ellington EBITDA Comparison
Ellington Financial is currently under evaluation in ebitda category among its peers.
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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 1.5 B | 1.4 B | |
| Net Interest Income | 107.7 M | 98.3 M | |
| Interest Income | 370.2 M | 275.4 M | |
| Operating Income | 323.5 M | 339.7 M | |
| Net Income From Continuing Ops | 87.9 M | 92.3 M | |
| Income Before Tax | 88.4 M | 112.6 M | |
| Total Other Income Expense Net | -235.1 M | -223.4 M | |
| Net Income | 84.1 M | 88.3 M | |
| Income Tax Expense | 457 K | 434.1 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.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.Did You Try This Idea?
Run Measuring and Control Equipment Thematic Idea Now
Measuring and Control Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Measuring and Control Equipment theme has 61 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 Measuring and Control Equipment Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global 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.