Elbit Med Tech Stock Fundamentals
| EMTC Stock | ILS 15.30 0.30 1.92% |
Elbit Med Tech fundamentals help investors to digest information that contributes to Elbit Med's financial success or failures. It also enables traders to predict the movement of Elbit Stock. The fundamental analysis module provides a way to measure Elbit Med'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 Elbit Med stock.
Elbit |
Elbit Med Tech Company Operating Margin Analysis
Elbit Med's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Elbit Med Operating Margin | (0.25) % |
Most of Elbit Med's fundamental indicators, such as Operating Margin, 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, Elbit Med Tech is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
| Competition |
Based on the recorded statements, Elbit Med Tech has an Operating Margin of -0.2479%. This is 99.29% lower than that of the Health Care Equipment & Supplies sector and 99.37% lower than that of the Health Care industry. The operating margin for all Israel stocks is 95.5% lower than that of the firm.
Elbit Med Tech Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Elbit Med's current stock value. Our valuation model uses many indicators to compare Elbit Med value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Elbit Med competition to find correlations between indicators driving Elbit Med's intrinsic value. More Info.Elbit Med Tech is one of the top stocks in return on equity category among related companies. It is one of the top stocks in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Elbit Med by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Elbit Med's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Elbit Med's earnings, one of the primary drivers of an investment's value.Did you try this?
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Elbit Fundamentals
| Return On Equity | 0.0237 | |||
| Return On Asset | -0.0038 | |||
| Profit Margin | 0.51 % | |||
| Operating Margin | (0.25) % | |||
| Current Valuation | 46.83 M | |||
| Shares Outstanding | 92.79 M | |||
| Shares Owned By Insiders | 84.51 % | |||
| Price To Book | 0.63 X | |||
| Price To Sales | 0.71 X | |||
| Gross Profit | 135.14 M | |||
| EBITDA | (13.26 M) | |||
| Net Income | (15.52 M) | |||
| Cash And Equivalents | 1.36 M | |||
| Current Ratio | 4.07 X | |||
| Book Value Per Share | 0.48 X | |||
| Cash Flow From Operations | (547 K) | |||
| Earnings Per Share | 0.01 X | |||
| Number Of Employees | 472 | |||
| Beta | 0.29 | |||
| Market Capitalization | 1.36 M | |||
| Total Asset | 31.1 M | |||
| Working Capital | 4 M | |||
| Current Asset | 4 M | |||
| Net Asset | 31.1 M |
About Elbit Med Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Elbit Med Tech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elbit Med using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elbit Med Tech 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.Elbit Medical Technologies Ltd engages in biomedical business. Elbit Medical Technologies Ltd is a subsidiary of Elbit Imaging Ltd. ELBIT MEDICAL is traded on Tel Aviv Stock Exchange in Israel.
Pair Trading with Elbit Med
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 Elbit Med 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 Elbit Med will appreciate offsetting losses from the drop in the long position's value.Moving against Elbit Stock
| 0.72 | MGDL | Migdal Insurance | PairCorr |
| 0.65 | HARL | Harel Insurance Inve | PairCorr |
| 0.57 | DSCT | Israel Discount Bank | PairCorr |
| 0.51 | LUMI | Bank Leumi Le | PairCorr |
The ability to find closely correlated positions to Elbit Med could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Elbit Med 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 Elbit Med - 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 Elbit Med Tech to buy it.
The correlation of Elbit Med 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 Elbit Med moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Elbit Med Tech 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 Elbit Med 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elbit Med Tech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Elbit Stock analysis
When running Elbit Med's price analysis, check to measure Elbit Med'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 Elbit Med is operating at the current time. Most of Elbit Med's value examination focuses on studying past and present price action to predict the probability of Elbit Med's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elbit Med's price. Additionally, you may evaluate how the addition of Elbit Med to your portfolios can decrease your overall portfolio volatility.
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| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |