Evoqua Water Technologies Stock Gross Profit
| AQUADelisted Stock | USD 49.88 0.04 0.08% |
Evoqua Water Technologies fundamentals help investors to digest information that contributes to Evoqua Water's financial success or failures. It also enables traders to predict the movement of Evoqua Stock. The fundamental analysis module provides a way to measure Evoqua Water'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 Evoqua Water stock.
Evoqua |
Evoqua Water Technologies Company Gross Profit Analysis
Evoqua Water's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Current Evoqua Water Gross Profit | 542.4 M |
Most of Evoqua Water's fundamental indicators, such as Gross Profit, 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, Evoqua Water Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
CompetitionAccording to the company disclosure, Evoqua Water Technologies reported 542.4 M of gross profit. This is 86.6% lower than that of the Machinery sector and significantly higher than that of the Industrials industry. The gross profit for all United States stocks is 98.02% higher than that of the company.
Evoqua Gross Profit Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Evoqua Water's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Evoqua Water could also be used in its relative valuation, which is a method of valuing Evoqua Water by comparing valuation metrics of similar companies.Evoqua Water is currently under evaluation in gross profit category among related companies.
Evoqua Fundamentals
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0407 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 6.06 B | |||
| Shares Outstanding | 122.35 M | |||
| Shares Owned By Insiders | 1.04 % | |||
| Shares Owned By Institutions | 98.96 % | |||
| Number Of Shares Shorted | 6.75 M | |||
| Price To Earning | 95.46 X | |||
| Price To Book | 7.37 X | |||
| Price To Sales | 2.92 X | |||
| Revenue | 1.74 B | |||
| Gross Profit | 542.4 M | |||
| EBITDA | 231.56 M | |||
| Net Income | 72.34 M | |||
| Cash And Equivalents | 134 M | |||
| Cash Per Share | 1.10 X | |||
| Total Debt | 863.53 M | |||
| Debt To Equity | 1.30 % | |||
| Current Ratio | 1.72 X | |||
| Book Value Per Share | 6.05 X | |||
| Cash Flow From Operations | 181.4 M | |||
| Short Ratio | 4.84 X | |||
| Earnings Per Share | 0.64 X | |||
| Price To Earnings To Growth | 2.81 X | |||
| Target Price | 51.5 | |||
| Number Of Employees | 4.5 K | |||
| Beta | 1.79 | |||
| Market Capitalization | 6.1 B | |||
| Total Asset | 2.19 B | |||
| Retained Earnings | 61.02 M | |||
| Working Capital | 347.67 M | |||
| Current Asset | 577.65 M | |||
| Current Liabilities | 311.71 M | |||
| Z Score | 5.61 | |||
| Net Asset | 2.19 B |
About Evoqua Water Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Evoqua Water Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Evoqua Water using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Evoqua Water Technologies 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Evoqua Water in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Evoqua Water's short interest history, or implied volatility extrapolated from Evoqua Water options trading.
Pair Trading with Evoqua Water
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 Evoqua Water 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 Evoqua Water will appreciate offsetting losses from the drop in the long position's value.Moving against Evoqua Stock
| 0.7 | LCID | Lucid Group Financial Report 13th of May 2024 | PairCorr |
| 0.61 | DNA | Ginkgo Bioworks Holdings Financial Report 8th of May 2024 | PairCorr |
| 0.56 | PLUG | Plug Power Financial Report 14th of May 2024 | PairCorr |
| 0.55 | SIRI | Sirius XM Holding Earnings Call This Week | PairCorr |
| 0.51 | NIO | Nio Class A Buyout Trend | PairCorr |
The ability to find closely correlated positions to Evoqua Water could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evoqua Water 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 Evoqua Water - 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 Evoqua Water Technologies to buy it.
The correlation of Evoqua Water 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 Evoqua Water moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evoqua Water Technologies 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 Evoqua Water 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 employment. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Other Consideration for investing in Evoqua Stock
If you are still planning to invest in Evoqua Water Technologies 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 Evoqua Water's history and understand the potential risks before investing.
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