CECO Enterprise Value Over E B I T D A from 2010 to 2024

CECO Stock  USD 24.44  0.92  3.91%   
CECO Environmental Enterprise Value Over EBITDA yearly trend continues to be very stable with very little volatility. Enterprise Value Over EBITDA is likely to grow to 23.73 this year. During the period from 2010 to 2024, CECO Environmental Enterprise Value Over EBITDA quarterly data regression pattern had range of 48.9656 and standard deviation of  11.81. View All Fundamentals
 
Enterprise Value Over EBITDA  
First Reported
2010-12-31
Previous Quarter
15.32559386
Current Value
23.73
Quarterly Volatility
11.81308896
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CECO Environmental financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CECO main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.1 M, Interest Expense of 14.1 M or Total Revenue of 572.1 M, as well as many exotic indicators such as Price To Sales Ratio of 1.23, Dividend Yield of 0.0281 or PTB Ratio of 2.87. CECO financial statements analysis is a perfect complement when working with CECO Environmental Valuation or Volatility modules.
  
This module can also supplement CECO Environmental's financial leverage analysis and stock options assessment as well as various CECO Environmental Technical models . Check out the analysis of CECO Environmental Correlation against competitors.

Latest CECO Environmental's Enterprise Value Over E B I T D A Growth Pattern

Below is the plot of the Enterprise Value Over E B I T D A of CECO Environmental Corp over the last few years. It is CECO Environmental's Enterprise Value Over EBITDA historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CECO Environmental's overall financial position and show how it may be relating to other accounts over time.
Enterprise Value Over E B I T D A10 Years Trend
Slightly volatile
   Enterprise Value Over E B I T D A   
       Timeline  

CECO Enterprise Value Over E B I T D A Regression Statistics

Arithmetic Mean10.19
Coefficient Of Variation115.95
Mean Deviation7.50
Median9.64
Standard Deviation11.81
Sample Variance139.55
Range48.9656
R-Value0.69
Mean Square Error79.61
R-Squared0.47
Significance0
Slope1.81
Total Sum of Squares1,954

CECO Enterprise Value Over E B I T D A History

2024 23.73
2023 15.33
2022 10.53
2021 15.56
2020 9.64
2019 23.71
2018 17.7

About CECO Environmental Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include CECO Environmental income statement, its balance sheet, and the statement of cash flows. CECO Environmental investors use historical funamental indicators, such as CECO Environmental's Enterprise Value Over E B I T D A, to determine how well the company is positioned to perform in the future. Although CECO Environmental investors may use each financial statement separately, they are all related. The changes in CECO Environmental's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on CECO Environmental'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. We offer a historical overview of the basic patterns found on CECO Environmental Financial Statements. Understanding these patterns can help to make the right decision on long term investment in CECO Environmental. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Enterprise Value Over EBITDA 15.33  23.73 

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.

Moving together with CECO Stock

  0.69PFFVF Pfeiffer Vacuum TechPairCorr
  0.67VLTO VeraltoPairCorr
  0.78ARQ Arq Inc Symbol ChangePairCorr

Moving against CECO Stock

  0.77CDTI CDTi Advanced MaterialsPairCorr
  0.74LIQT LiqTech InternationalPairCorr
  0.73TOMZ TOMI Environmental Financial Report 20th of May 2024 PairCorr
  0.61SPEC Spectaire Holdings Symbol ChangePairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether CECO Environmental Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CECO Environmental'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 Ceco Environmental Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ceco Environmental Corp Stock:
Check out the analysis of CECO Environmental Correlation against competitors.
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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for CECO Stock analysis

When running CECO Environmental's price analysis, check to measure CECO Environmental'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 CECO Environmental is operating at the current time. Most of CECO Environmental's value examination focuses on studying past and present price action to predict the probability of CECO Environmental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CECO Environmental's price. Additionally, you may evaluate how the addition of CECO Environmental to your portfolios can decrease your overall portfolio volatility.
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Is CECO Environmental's industry 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 CECO Environmental. If investors know CECO 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 CECO Environmental 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
(0.30)
Earnings Share
0.35
Revenue Per Share
16.068
Quarterly Revenue Growth
0.122
Return On Assets
0.0457
The market value of CECO Environmental Corp is measured differently than its book value, which is the value of CECO that is recorded on the company's balance sheet. Investors also form their own opinion of CECO Environmental's value that differs from its market value or its book value, called intrinsic value, which is CECO Environmental'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 CECO Environmental's market value can be influenced by many factors that don't directly affect CECO Environmental'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 CECO Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if CECO Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CECO Environmental'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.