E Home Household Service Stock Return On Asset
| EJH Stock | USD 2.96 0.06 1.99% |
E Home Household Service fundamentals help investors to digest information that contributes to E Home's financial success or failures. It also enables traders to predict the movement of EJH Stock. The fundamental analysis module provides a way to measure E Home'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 E Home stock.
The E Home's current Return On Assets is estimated to increase to -0.24. EJH | Return On Asset |
E Home Household Service Company Return On Asset Analysis
E Home's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current E Home Return On Asset | -0.16 |
Most of E Home's fundamental indicators, such as Return On Asset, 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, E Home Household Service is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
EJH Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for E Home is extremely important. It helps to project a fair market value of EJH Stock properly, considering its historical fundamentals such as Return On Asset. Since E Home'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 E Home'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 E Home's interrelated accounts and indicators.
Click cells to compare fundamentals
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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EJH Total Assets
Total Assets |
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Based on the latest financial disclosure, E Home Household Service has a Return On Asset of -0.159. This is 114.59% lower than that of the Hotels, Restaurants & Leisure sector and 105.41% lower than that of the Consumer Discretionary industry. The return on asset for all United States stocks is 13.57% higher than that of the company.
EJH Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses E Home's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of E Home could also be used in its relative valuation, which is a method of valuing E Home by comparing valuation metrics of similar companies.E Home is currently under evaluation in return on asset category among related companies.
EJH Fundamentals
| Return On Equity | -0.36 | ||||
| Return On Asset | -0.16 | ||||
| Profit Margin | (0.51) % | ||||
| Operating Margin | (1.01) % | ||||
| Current Valuation | (53.84 M) | ||||
| Shares Outstanding | 17.86 M | ||||
| Shares Owned By Insiders | 0.29 % | ||||
| Shares Owned By Institutions | 0.23 % | ||||
| Number Of Shares Shorted | 178.25 K | ||||
| Price To Earning | 2.72 X | ||||
| Price To Book | 0.35 X | ||||
| Price To Sales | 0.71 X | ||||
| Revenue | 68.32 M | ||||
| Gross Profit | 19.36 M | ||||
| EBITDA | (28.47 M) | ||||
| Net Income | (36.24 M) | ||||
| Cash And Equivalents | 59.32 M | ||||
| Cash Per Share | 35.33 X | ||||
| Total Debt | 7.52 M | ||||
| Debt To Equity | 0.1 % | ||||
| Current Ratio | 8.15 X | ||||
| Book Value Per Share | 251.25 X | ||||
| Cash Flow From Operations | (8.41 M) | ||||
| Short Ratio | 0.56 X | ||||
| Earnings Per Share | (15,570) X | ||||
| Number Of Employees | 528 | ||||
| Beta | 1.66 | ||||
| Market Capitalization | 53.92 M | ||||
| Total Asset | 158.26 M | ||||
| Retained Earnings | (3.63 M) | ||||
| Working Capital | 71.19 M | ||||
| Net Asset | 158.26 M |
About E Home Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze E Home Household Service's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of E Home using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of E Home Household Service 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 E Home
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 E Home 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 E Home will appreciate offsetting losses from the drop in the long position's value.Moving against EJH Stock
| 0.9 | HD | Home Depot Financial Report 21st of May 2024 | PairCorr |
| 0.79 | DRI | Darden Restaurants Financial Report 27th of June 2024 | PairCorr |
| 0.78 | QSR | Restaurant Brands Earnings Call This Week | PairCorr |
| 0.71 | FUN | Cedar Fair LP Financial Report 2nd of May 2024 | PairCorr |
| 0.66 | YUMC | Yum China Holdings Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to E Home could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace E Home 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 E Home - 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 E Home Household Service to buy it.
The correlation of E Home 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 E Home moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if E Home Household 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 E Home 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 E Home Piotroski F Score and E Home Altman Z Score analysis. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for EJH Stock analysis
When running E Home's price analysis, check to measure E Home'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 E Home is operating at the current time. Most of E Home's value examination focuses on studying past and present price action to predict the probability of E Home's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move E Home's price. Additionally, you may evaluate how the addition of E Home to your portfolios can decrease your overall portfolio volatility.
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Is E Home'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 E Home. If investors know EJH 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 E Home 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 0.328 | Earnings Share -15.6 K | Revenue Per Share 293.555 | Quarterly Revenue Growth (0.01) | Return On Assets (0.16) |
The market value of E Home Household is measured differently than its book value, which is the value of EJH that is recorded on the company's balance sheet. Investors also form their own opinion of E Home's value that differs from its market value or its book value, called intrinsic value, which is E Home'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 E Home's market value can be influenced by many factors that don't directly affect E Home'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 E Home's value and its price as these two are different measures arrived at by different means. Investors typically determine if E Home is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, E Home'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.