Elbit Med Financials
| EMTC Stock | ILS 15.30 0.70 4.37% |
Elbit |
Understanding current and past Elbit Med Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Elbit Med's financial statements are interrelated, with each one affecting the others. For example, an increase in Elbit Med's assets may result in an increase in income on the income statement.
The data published in Elbit Med's official financial statements usually reflect Elbit Med's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Elbit Med Tech. For example, before you start analyzing numbers published by Elbit accountants, it's critical to develop an understanding of what Elbit Med's liquidity, profitability, and earnings quality are in the context of the Health Care Equipment & Supplies space in which it operates.
Please note, the presentation of Elbit Med's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Elbit Med's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Elbit Med's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Elbit Med Tech. Please utilize our Beneish M Score to check the likelihood of Elbit Med's management manipulating its earnings.
Elbit Med Stock Summary
Elbit Med competes with G Willi, More Provident, Scope Metals, Ram On, and Adgar Investments. Elbit Medical Technologies Ltd engages in biomedical business. Elbit Medical Technologies Ltd is a subsidiary of Elbit Imaging Ltd. ELBIT MEDICAL is traded on Tel Aviv Stock Exchange in Israel.| Foreign Associate | USA |
| Instrument | Israel Stock View All |
| Exchange | Tel Aviv Stock Exchange |
| ISIN | IL0004740150 |
| Business Address | Shimshon 3, Petah |
| Sector | Health Care Equipment & Supplies |
| Industry | Health Care |
| Benchmark | NYSE Composite |
| Website | www.elbitimaging.com |
| Phone | 972 3 608 6029 |
| Currency | ILS - Israeli Shekel |
You should never invest in Elbit Med without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Elbit Stock, because this is throwing your money away. Analyzing the key information contained in Elbit Med's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Elbit Med Key Financial Ratios
Generally speaking, Elbit Med's financial ratios allow both analysts and investors to convert raw data from Elbit Med's financial statements into concise, actionable information that can be used to evaluate the performance of Elbit Med over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Elbit Med Tech reports annually and quarterly.Elbit Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Elbit Med's current stock value. Our valuation model uses many indicators to compare Elbit Med value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Elbit Med competition to find correlations between indicators driving Elbit Med's intrinsic value. More Info.Elbit Med Tech is one of the top stocks in return on equity category among related companies. It is one of the top stocks in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Elbit Med by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Elbit Med's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Elbit Med's earnings, one of the primary drivers of an investment's value.Elbit Med Tech Systematic Risk
Elbit Med's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Elbit Med volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Elbit Med Tech correlated with the market. If Beta is less than 0 Elbit Med generally moves in the opposite direction as compared to the market. If Elbit Med Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Elbit Med Tech is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Elbit Med is generally in the same direction as the market. If Beta > 1 Elbit Med moves generally in the same direction as, but more than the movement of the benchmark.
About Elbit Med Financials
What exactly are Elbit Med Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Elbit Med's income statement, its balance sheet, and the statement of cash flows. Potential Elbit Med investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Elbit Med investors may use each financial statement separately, they are all related. The changes in Elbit Med's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Elbit Med'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.Steps to analyze Elbit Med Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Elbit Med is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Elbit has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Elbit Med's financials are consistent with your investment objective using the following steps:- Review Elbit Med's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Elbit Med's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Elbit Med's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Elbit Med's stock is overvalued or undervalued.
Elbit Med Thematic Clasifications
Elbit Med Tech is part of IT investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Information technology and IT services. Information Technology (IT) companies and IT service providers across different domains
This theme covers Information technology and IT services. Information Technology (IT) companies and IT service providers across different domains. Get More Thematic Ideas
| IT | View |
Elbit Med April 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Elbit Med help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Elbit Med Tech. We use our internally-developed statistical techniques to arrive at the intrinsic value of Elbit Med Tech based on widely used predictive technical indicators. In general, we focus on analyzing Elbit Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Elbit Med's daily price indicators and compare them against related drivers.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 32.27 | |||
| Value At Risk | (11.62) | |||
| Potential Upside | 14.94 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elbit Med Tech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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When running Elbit Med's price analysis, check to measure Elbit Med'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 Elbit Med is operating at the current time. Most of Elbit Med's value examination focuses on studying past and present price action to predict the probability of Elbit Med's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elbit Med's price. Additionally, you may evaluate how the addition of Elbit Med to your portfolios can decrease your overall portfolio volatility.
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