Elite Education Group Stock Gross Profit
| EEIQ Stock | USD 1.16 0.25 27.47% |
Elite Education Group fundamentals help investors to digest information that contributes to Elite Education's financial success or failures. It also enables traders to predict the movement of Elite Stock. The fundamental analysis module provides a way to measure Elite Education'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 Elite Education stock.
| Last Reported | Projected for Next Year | ||
| Gross Profit | 3.8 M | 4 M | |
| Gross Profit Margin | 0.85 | 0.78 |
Elite | Gross Profit |
Elite Education Group Company Gross Profit Analysis
Elite Education'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 Elite Education Gross Profit | 4.25 M |
Most of Elite Education'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, Elite Education Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Elite Gross Profit Driver Correlations
Understanding the fundamental principles of building solid financial models for Elite Education is extremely important. It helps to project a fair market value of Elite Stock properly, considering its historical fundamentals such as Gross Profit. Since Elite Education's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Elite Education's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Elite Education's interrelated accounts and indicators.
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Elite Gross Profit Historical Pattern
Today, most investors in Elite Education Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Elite Education's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's gross profit growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Elite Education gross profit as a starting point in their analysis.
Elite Education Gross Profit |
| Timeline |
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.
| Competition |
According to the company disclosure, Elite Education Group reported 4.25 M of gross profit. This is 99.96% lower than that of the Diversified Consumer Services sector and 99.15% lower than that of the Consumer Discretionary industry. The gross profit for all United States stocks is 99.98% higher than that of the company.
Elite Gross Profit Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elite Education'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 Elite Education could also be used in its relative valuation, which is a method of valuing Elite Education by comparing valuation metrics of similar companies.Elite Education is currently under evaluation in gross profit category among related companies.
Elite Fundamentals
| Return On Equity | -0.53 | ||||
| Return On Asset | -0.21 | ||||
| Profit Margin | (1.18) % | ||||
| Operating Margin | (1.72) % | ||||
| Current Valuation | 8.87 M | ||||
| Shares Outstanding | 12.4 M | ||||
| Shares Owned By Insiders | 69.92 % | ||||
| Shares Owned By Institutions | 0.01 % | ||||
| Number Of Shares Shorted | 2.23 K | ||||
| Price To Book | 1.23 X | ||||
| Price To Sales | 1.98 X | ||||
| Revenue | 5.71 M | ||||
| Gross Profit | 4.25 M | ||||
| EBITDA | (6.62 M) | ||||
| Net Income | (7.17 M) | ||||
| Cash And Equivalents | 12.93 M | ||||
| Cash Per Share | 1.17 X | ||||
| Total Debt | 1.13 M | ||||
| Debt To Equity | 0.09 % | ||||
| Current Ratio | 2.49 X | ||||
| Book Value Per Share | 0.76 X | ||||
| Cash Flow From Operations | (5.25 M) | ||||
| Short Ratio | 0.32 X | ||||
| Earnings Per Share | (0.58) X | ||||
| Target Price | 2.3 | ||||
| Number Of Employees | 38 | ||||
| Beta | 1.09 | ||||
| Market Capitalization | 11.28 M | ||||
| Total Asset | 19.21 M | ||||
| Retained Earnings | (9.07 M) | ||||
| Working Capital | 1.83 M | ||||
| Net Asset | 19.21 M |
About Elite Education Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Elite Education Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elite Education using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elite Education Group 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 Elite Education 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, Elite Education's short interest history, or implied volatility extrapolated from Elite Education options trading.
Pair Trading with Elite Education
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 Elite Education 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 Elite Education will appreciate offsetting losses from the drop in the long position's value.Moving together with Elite Stock
| 0.89 | IH | IhumanInc | PairCorr |
| 0.67 | VSTA | Vasta PlatformLtd Report 23rd of April 2024 | PairCorr |
Moving against Elite Stock
| 0.78 | EDU | New Oriental Education Report 17th of April 2024 | PairCorr |
| 0.74 | DAO | Youdao Inc | PairCorr |
| 0.49 | YQ | 17 Education Technology | PairCorr |
| 0.42 | GHC | Graham Holdings | PairCorr |
The ability to find closely correlated positions to Elite Education could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Elite Education 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 Elite Education - 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 Elite Education Group to buy it.
The correlation of Elite Education 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 Elite Education moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Elite Education Group 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 Elite Education 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 Elite Education Piotroski F Score and Elite Education Altman Z Score analysis. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Elite Stock analysis
When running Elite Education's price analysis, check to measure Elite Education'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 Elite Education is operating at the current time. Most of Elite Education's value examination focuses on studying past and present price action to predict the probability of Elite Education's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elite Education's price. Additionally, you may evaluate how the addition of Elite Education to your portfolios can decrease your overall portfolio volatility.
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Is Elite Education'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 Elite Education. If investors know Elite 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 Elite Education listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.58) | Revenue Per Share 0.49 | Quarterly Revenue Growth 0.007 | Return On Assets (0.21) | Return On Equity (0.53) |
The market value of Elite Education Group is measured differently than its book value, which is the value of Elite that is recorded on the company's balance sheet. Investors also form their own opinion of Elite Education's value that differs from its market value or its book value, called intrinsic value, which is Elite Education'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 Elite Education's market value can be influenced by many factors that don't directly affect Elite Education'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 Elite Education's value and its price as these two are different measures arrived at by different means. Investors typically determine if Elite Education is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elite Education'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.