Elementos Return On Asset vs. Price To Earning

ELTLF Stock  USD 0.05  0.00  0.00%   
Based on Elementos' profitability indicators, Elementos Limited may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Elementos' ability to earn profits and add value for shareholders. At this time, Elementos' Days Sales Outstanding is most likely to increase significantly in the upcoming years. The Elementos' current Days Of Sales Outstanding is estimated to increase to 2,533, while Price To Sales Ratio is projected to decrease to 499.58. At this time, Elementos' Income Quality is most likely to increase slightly in the upcoming years.
For Elementos profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Elementos to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Elementos Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Elementos's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Elementos Limited over time as well as its relative position and ranking within its peers.
  
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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 Elementos. If investors know Elementos 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 Elementos listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Revenue Growth
(0.56)
Return On Assets
(0.03)
Return On Equity
(0.06)
The market value of Elementos Limited is measured differently than its book value, which is the value of Elementos that is recorded on the company's balance sheet. Investors also form their own opinion of Elementos' value that differs from its market value or its book value, called intrinsic value, which is Elementos' 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 Elementos' market value can be influenced by many factors that don't directly affect Elementos' 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 Elementos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Elementos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elementos' 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.

Elementos Limited Price To Earning vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Elementos's current stock value. Our valuation model uses many indicators to compare Elementos value to that of its competitors to determine the firm's financial worth.
Elementos Limited is rated # 4 in return on asset category among its peers. It is rated # 3 in price to earning category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Elementos 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.

Elementos 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.

Elementos

Return On Asset

 = 

Net Income

Total Assets

 = 
-0.0334
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.

Elementos

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
(2.37) 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.

Elementos Price To Earning Comparison

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

Elementos Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Elementos, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Elementos will eventually generate negative long term returns. The profitability progress is the general direction of Elementos' change in net profit over the period of time. It can combine multiple indicators of Elementos, 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
Operating Income-2.7 M-2.8 M
Net Loss-2.6 M-2.7 M
Income Before Tax-2.6 M-2.7 M
Total Other Income Expense Net51.1 K37 K
Net Loss-2.6 M-2.7 M
Net Loss-2.6 M-2.7 M
Net Interest Income31.5 K33.1 K
Interest Income44.5 K46.7 K
Change To Netincome255.5 K204.2 K
Net Loss(0.01)(0.01)
Income Quality 1.14  1.20 
Net Income Per E B T 1.15  1.10 

Elementos Profitability Driver Comparison

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

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

Elementos Pair Trading

Elementos Limited Pair Trading Analysis

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

In addition to having Elementos 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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Run Consumer Goods Thematic Idea Now

Consumer Goods
Consumer Goods Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Consumer Goods 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 Consumer Goods Theme or any other thematic opportunities.
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When determining whether Elementos Limited is a strong investment it is important to analyze Elementos' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Elementos' future performance. For an informed investment choice regarding Elementos Stock, refer to the following important reports:
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You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
To fully project Elementos' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Elementos Limited 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 Elementos' income statement, its balance sheet, and the statement of cash flows.
Potential Elementos investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Elementos investors may work on each financial statement separately, they are all related. The changes in Elementos's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Elementos'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.