Elmo Software Limited Stock Current Valuation

ELMFFDelisted Stock  USD 3.35  0.00  0.00%   
Valuation analysis of Elmo Software Limited helps investors to measure Elmo Software's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
3.35
Please note that Elmo Software's price fluctuation is very steady at this time. Calculation of the real value of Elmo Software Limited is based on 3 months time horizon. Increasing Elmo Software's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Elmo Software Limited is useful when determining the fair value of the Elmo pink sheet, which is usually determined by what a typical buyer is willing to pay for full or partial control of Elmo Software. Since Elmo Software is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Elmo Pink Sheet. However, Elmo Software's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  3.35 Real  2.81 Hype  3.35 Naive  3.33
The real value of Elmo Pink Sheet, also known as its intrinsic value, is the underlying worth of Elmo Software Limited Company, which is reflected in its stock price. It is based on Elmo Software's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Elmo Software's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Elmo Software's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
2.81
Real Value
3.69
Upside
Estimating the potential upside or downside of Elmo Software Limited helps investors to forecast how Elmo pink sheet's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Elmo Software more accurately as focusing exclusively on Elmo Software's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
3.353.353.35
Details
Hype
Prediction
LowEstimatedHigh
3.353.353.35
Details
Naive
Forecast
LowNext ValueHigh
3.333.333.33
Details

Elmo Current Valuation Analysis

Elmo Software's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Enterprise Value

 = 

Market Cap + Debt

-

Cash

More About Current Valuation | All Equity Analysis

Current Elmo Software Current Valuation

    
  333.57 M  
Most of Elmo Software's fundamental indicators, such as Current Valuation, 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, Elmo Software Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition

In accordance with the recently published financial statements, Elmo Software Limited has a Current Valuation of 333.57 M. This is 98.27% lower than that of the Technology sector and significantly higher than that of the Software—Application industry. The current valuation for all United States stocks is 97.99% higher than that of the company.

Elmo Current Valuation Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elmo Software's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Elmo Software could also be used in its relative valuation, which is a method of valuing Elmo Software by comparing valuation metrics of similar companies.
Elmo Software is currently under evaluation in current valuation category among related companies.

Elmo Fundamentals

About Elmo Software Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Elmo Software Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elmo Software using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elmo Software Limited 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.
ELMO Software Limited provides software-as-a-service, cloud-based human resource , payroll, and expense management solutions in Australia, New Zealand, the United Kingdom, and internationally. The company was incorporated in 2002 and is based in Sydney, Australia. Elmo Software operates under SoftwareApplication classification in the United States and is traded on OTC Exchange. It employs 570 people.

Pair Trading with Elmo Software

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

Moving together with Elmo Pink Sheet

  0.84CRM Salesforce Financial Report 29th of May 2024 PairCorr
  0.86SAP SAP SE ADR Fiscal Quarter End 31st of March 2024 PairCorr
  0.71INTU Intuit Inc Financial Report 28th of May 2024 PairCorr
  0.86UBER Uber Technologies Financial Report 7th of May 2024 PairCorr
  0.62NOW ServiceNow Fiscal Quarter End 31st of March 2024 PairCorr

Moving against Elmo Pink Sheet

  0.71PTAIF PT Astra InternationalPairCorr
The ability to find closely correlated positions to Elmo Software could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Elmo Software 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 Elmo Software - 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 Elmo Software Limited to buy it.
The correlation of Elmo Software 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 Elmo Software moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Elmo Software Limited 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 Elmo Software 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 CorrelationCorrelation 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 census.
Note that the Elmo Software Limited information on this page should be used as a complementary analysis to other Elmo Software's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Other Consideration for investing in Elmo Pink Sheet

If you are still planning to invest in Elmo Software Limited 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 Elmo Software's history and understand the potential risks before investing.
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