Ceco Environmental Corp Stock EBITDA
CECO Environmental Corp fundamentals help investors to digest information that contributes to CECO Environmental's financial success or failures. It also enables traders to predict the movement of CECO Stock. The fundamental analysis module provides a way to measure CECO Environmental's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to CECO Environmental stock.
CECO |
CECO Environmental Corp Company EBITDA Analysis
CECO Environmental's 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.
Current CECO Environmental EBITDA | 16.92 M |
Most of CECO Environmental's fundamental indicators, such as EBITDA, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CECO Environmental Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionAccording to the company disclosure, CECO Environmental Corp reported earnings before interest,tax, depreciation and amortization of 16.92 M. This is 97.1% lower than that of the Commercial Services & Supplies sector and 33.36% lower than that of the Industrials industry. The ebitda for all United States stocks is 99.57% higher than that of the company.
CECO EBITDA Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CECO Environmental's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CECO Environmental could also be used in its relative valuation, which is a method of valuing CECO Environmental by comparing valuation metrics of similar companies.CECO Environmental is currently under evaluation in ebitda category among related companies.
CECO Fundamentals
| Return On Equity | 0.0376 | |||
| Return On Asset | 0.0281 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 498.9 M | |||
| Shares Outstanding | 34.5 M | |||
| Shares Owned By Insiders | 16.13 % | |||
| Shares Owned By Institutions | 65.58 % | |||
| Number Of Shares Shorted | 445.27 K | |||
| Price To Earning | 58.25 X | |||
| Price To Book | 2.05 X | |||
| Price To Sales | 1.08 X | |||
| Revenue | 324.14 M | |||
| Gross Profit | 100.92 M | |||
| EBITDA | 16.92 M | |||
| Net Income | 1.43 M | |||
| Cash And Equivalents | 34.42 M | |||
| Cash Per Share | 1.00 X | |||
| Total Debt | 61.58 M | |||
| Debt To Equity | 0.52 % | |||
| Current Ratio | 1.52 X | |||
| Book Value Per Share | 5.95 X | |||
| Cash Flow From Operations | 13.3 M | |||
| Short Ratio | 1.93 X | |||
| Earnings Per Share | 0.20 X | |||
| Price To Earnings To Growth | 0.87 X | |||
| Target Price | 13.6 | |||
| Number Of Employees | 730 | |||
| Beta | 1.23 | |||
| Market Capitalization | 401.92 M | |||
| Total Asset | 416.2 M | |||
| Retained Earnings | (47.56 M) | |||
| Working Capital | 80.28 M | |||
| Current Asset | 228.46 M | |||
| Current Liabilities | 148.17 M | |||
| Z Score | 3.6 | |||
| Five Year Return | 2.55 % | |||
| Net Asset | 416.2 M |
About CECO Environmental Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CECO Environmental Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CECO Environmental using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CECO Environmental Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with CECO Environmental
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 CECO Environmental 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 CECO Environmental will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to CECO Environmental could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CECO Environmental 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 CECO Environmental - 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 CECO Environmental Corp to buy it.
The correlation of CECO Environmental 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 CECO Environmental moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CECO Environmental Corp 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 CECO Environmental 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.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the CECO Environmental Corp information on this page should be used as a complementary analysis to other CECO Environmental's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Other Consideration for investing in CECO Stock
If you are still planning to invest in CECO Environmental Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the CECO Environmental's history and understand the potential risks before investing.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |