Ethernity Networks Stock Fundamentals
| ENETF Stock | USD 0.01 0.00 0.00% |
Ethernity Networks fundamentals help investors to digest information that contributes to Ethernity Networks' financial success or failures. It also enables traders to predict the movement of Ethernity Pink Sheet. The fundamental analysis module provides a way to measure Ethernity Networks' 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 Ethernity Networks pink sheet.
Ethernity |
Ethernity Networks Company Current Valuation Analysis
Ethernity Networks' 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.
Current Ethernity Networks Current Valuation | 7.83 M |
Most of Ethernity Networks' 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, Ethernity Networks 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, Ethernity Networks has a Current Valuation of 7.83 M. This is 99.96% 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 99.95% higher than that of the company.
Ethernity Networks Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ethernity Networks's current stock value. Our valuation model uses many indicators to compare Ethernity Networks value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ethernity Networks competition to find correlations between indicators driving Ethernity Networks's intrinsic value. More Info.Ethernity Networks 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 Ethernity Networks by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ethernity Networks' Pink Sheet. 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 Ethernity Networks' earnings, one of the primary drivers of an investment's value.Ethernity Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ethernity Networks' 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 Ethernity Networks could also be used in its relative valuation, which is a method of valuing Ethernity Networks by comparing valuation metrics of similar companies.Ethernity Networks is currently under evaluation in current valuation category among related companies.
Ethernity Fundamentals
| Return On Equity | -0.9 | |||
| Return On Asset | -0.33 | |||
| Operating Margin | (3.23) % | |||
| Current Valuation | 7.83 M | |||
| Shares Outstanding | 104.05 M | |||
| Shares Owned By Insiders | 28.97 % | |||
| Shares Owned By Institutions | 14.79 % | |||
| Price To Book | 1.01 X | |||
| Price To Sales | 4.06 X | |||
| Revenue | 2.64 M | |||
| Gross Profit | 1.94 M | |||
| EBITDA | (7.89 M) | |||
| Net Income | (9.36 M) | |||
| Cash And Equivalents | 4.16 M | |||
| Cash Per Share | 0.05 X | |||
| Total Debt | 2.7 M | |||
| Debt To Equity | 0.28 % | |||
| Current Ratio | 1.62 X | |||
| Book Value Per Share | 0.13 X | |||
| Cash Flow From Operations | (5.39 M) | |||
| Beta | 1.67 | |||
| Market Capitalization | 9.01 M | |||
| Total Asset | 19.41 M | |||
| Z Score | 1.8 | |||
| Net Asset | 19.41 M |
About Ethernity Networks Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ethernity Networks's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ethernity Networks using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ethernity Networks 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.Ethernity Networks Ltd. provides technology solutions for telecom, mobile, security, and data center markets in Asia, Europe, Israel, and the United States. Ethernity Networks Ltd. was incorporated in 2003 and is headquartered in Airport City, Israel. Ethernity Networks operates under SoftwareApplication classification in the United States and is traded on OTC Exchange.
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 Ethernity Networks 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, Ethernity Networks' short interest history, or implied volatility extrapolated from Ethernity Networks options trading.
Pair Trading with Ethernity Networks
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 Ethernity Networks 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 Ethernity Networks will appreciate offsetting losses from the drop in the long position's value.Moving against Ethernity Pink Sheet
| 0.49 | COIN | Coinbase Global Financial Report 2nd of May 2024 | PairCorr |
The ability to find closely correlated positions to Ethernity Networks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ethernity Networks 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 Ethernity Networks - 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 Ethernity Networks to buy it.
The correlation of Ethernity Networks 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 Ethernity Networks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ethernity Networks 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 Ethernity Networks 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 Ethernity Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Ethernity Pink Sheet analysis
When running Ethernity Networks' price analysis, check to measure Ethernity Networks' 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 Ethernity Networks is operating at the current time. Most of Ethernity Networks' value examination focuses on studying past and present price action to predict the probability of Ethernity Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ethernity Networks' price. Additionally, you may evaluate how the addition of Ethernity Networks to your portfolios can decrease your overall portfolio volatility.
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |