Ebix Inc Stock Book Value Per Share

Summary

EBIXDelisted Stock

USD 1.08 0.02 1.82%

Ebix Inc fundamentals help investors to digest information that contributes to Ebix's financial success or failures. It also enables traders to predict the movement of Ebix Stock. The fundamental analysis module provides a way to measure Ebix'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 Ebix stock.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Ebix Inc Company Book Value Per Share Analysis

Ebix's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Book Value per Share

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current Ebix Book Value Per Share

19.78 X

Most of Ebix's fundamental indicators, such as Book Value Per Share, 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, Ebix Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.

Competition

In accordance with the recently published financial statements, the book value per share of Ebix Inc is about 19.777 times. This is 51.76% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The book value per share for all United States stocks is 98.98% higher than that of the company.

Ebix Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ebix's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ebix could also be used in its relative valuation, which is a method of valuing Ebix by comparing valuation metrics of similar companies.

Ebix is currently under evaluation in book value per share category among related companies.

Ebix Fundamentals

	Return On Equity	0.0049
	Return On Asset	0.0448
	Profit Margin	0.01 %
	Operating Margin	0.17 %
	Current Valuation	627.43 M
	Shares Outstanding	30.9 M
	Shares Owned By Insiders	21.52 %
	Shares Owned By Institutions	78.70 %
	Number Of Shares Shorted	9.51 M
	Price To Earning	5.95 X
	Price To Book	0.09 X
	Price To Sales	0.05 X
	Revenue	735.63 M
	Gross Profit	328.63 M
	EBITDA	130.86 M
	Net Income	4.95 M
	Cash And Equivalents	87.28 M
	Cash Per Share	2.82 X
	Total Debt	657.26 M
	Debt To Equity	0.96 %
	Current Ratio	0.43 X
	Book Value Per Share	19.78 X
	Cash Flow From Operations	35.9 M
	Short Ratio	2.78 X
	Earnings Per Share	0.16 X
	Price To Earnings To Growth	2.16 X
	Target Price	24.5
	Number Of Employees	10.52 K
	Beta	2.38
	Market Capitalization	35.85 M
	Total Asset	1.54 B
	Retained Earnings	814.78 M
	Working Capital	(447.02 M)
	Current Asset	116.83 M
	Current Liabilities	51.27 M
	Z Score	1.18
	Five Year Return	0.88 %
	Net Asset	1.54 B
	Last Dividend Paid	0.075

About Ebix Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ebix Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ebix using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ebix Inc 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 Ebix

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

Moving against Ebix Stock

0.81	DIS	Walt Disney Report 8th of May 2024	Pair Corr
0.75	CVX	Chevron Corp Earnings Call This Week	Pair Corr
0.74	GE	GE Aerospace Earnings Call This Week	Pair Corr
0.68	WMT	Walmart Financial Report 16th of May 2024	Pair Corr
0.66	XOM	Exxon Mobil Corp Earnings Call This Week	Pair Corr

The ability to find closely correlated positions to Ebix could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ebix 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 Ebix - 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 Ebix Inc to buy it.

The correlation of Ebix 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 Ebix moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ebix Inc 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 Ebix 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 Correlation Correlation Matching

Check out Investing Opportunities 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 gross domestic product.

You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Other Consideration for investing in Ebix Stock

If you are still planning to invest in Ebix Inc 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 Ebix's history and understand the potential risks before investing.

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