Eve Holding Stock Net Income
| EVEX Stock | USD 5.41 0.07 1.28% |
Eve Holding fundamentals help investors to digest information that contributes to Eve Holding's financial success or failures. It also enables traders to predict the movement of Eve Stock. The fundamental analysis module provides a way to measure Eve Holding'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 Eve Holding stock.
| Last Reported | Projected for Next Year | ||
| Net Loss | -156.6 M | -148.8 M | |
| Net Loss | -108.4 M | -103 M | |
| Net Loss | -127.7 M | -121.3 M | |
| Net Loss | (0.46) | (0.49) | |
| Net Income Per E B T | 1.01 | 1.11 |
Eve | Net Income |
Eve Holding Company Net Income Analysis
Eve Holding's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Eve Holding Net Income | (127.66 M) |
Most of Eve Holding's fundamental indicators, such as Net Income, 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, Eve Holding is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Eve Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Eve Holding is extremely important. It helps to project a fair market value of Eve Stock properly, considering its historical fundamentals such as Net Income. Since Eve Holding'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 Eve Holding'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 Eve Holding's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Eve Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Eve Holding reported net income of (127.66 Million). This is 149.2% lower than that of the Machinery sector and 111.53% lower than that of the Industrials industry. The net income for all United States stocks is 122.36% higher than that of the company.
Eve Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eve Holding's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Eve Holding could also be used in its relative valuation, which is a method of valuing Eve Holding by comparing valuation metrics of similar companies.Eve Holding is currently under evaluation in net income category among related companies.
Eve Holding Institutional Holders
Institutional Holdings refers to the ownership stake in Eve Holding that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Eve Holding's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Eve Holding's value.| Shares | Nuveen Asset Management, Llc | 2023-12-31 | 36 K | Spx Equities Gestao De Recursos Ltda | 2023-12-31 | 34.1 K | Bank Of America Corp | 2023-12-31 | 27 K | Ubs Group Ag | 2023-12-31 | 19.7 K | Rhumbline Advisers | 2023-12-31 | 15.1 K | Royal Bank Of Canada | 2023-12-31 | 10.1 K | Mirae Asset Global Investments (korea) Co Ltd | 2023-12-31 | 10 K | Deutsche Bank Ag | 10 K | New York State Common Retirement Fund | 2023-12-31 | 9.5 K | Blackrock Inc | 2023-12-31 | 1.3 M | Geode Capital Management, Llc | 2023-12-31 | 490.9 K |
Eve Fundamentals
| Return On Equity | -0.56 | ||||
| Return On Asset | -0.29 | ||||
| Current Valuation | 1.34 B | ||||
| Shares Outstanding | 269.37 M | ||||
| Shares Owned By Insiders | 88.00 % | ||||
| Shares Owned By Institutions | 2.76 % | ||||
| Number Of Shares Shorted | 1.13 M | ||||
| Price To Book | 8.37 X | ||||
| EBITDA | (128.59 M) | ||||
| Net Income | (127.66 M) | ||||
| Cash And Equivalents | 330.78 M | ||||
| Cash Per Share | 1.25 X | ||||
| Total Debt | 25.76 M | ||||
| Current Ratio | 16.66 X | ||||
| Book Value Per Share | 0.61 X | ||||
| Cash Flow From Operations | (94.51 M) | ||||
| Short Ratio | 20.85 X | ||||
| Earnings Per Share | (0.46) X | ||||
| Target Price | 8.0 | ||||
| Number Of Employees | 180 | ||||
| Beta | 0.47 | ||||
| Market Capitalization | 1.48 B | ||||
| Total Asset | 245.54 M | ||||
| Retained Earnings | (344.67 M) | ||||
| Working Capital | 190.23 M | ||||
| Net Asset | 245.54 M |
About Eve Holding Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Eve Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eve Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eve Holding 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 Eve Holding
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 Eve Holding 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 Eve Holding will appreciate offsetting losses from the drop in the long position's value.Moving together with Eve Stock
| 0.68 | AZ | A2Z Smart Technologies | PairCorr |
| 0.73 | BA | Boeing Financial Report 24th of July 2024 | PairCorr |
Moving against Eve Stock
| 0.76 | GE | GE Aerospace Financial Report 23rd of July 2024 | PairCorr |
| 0.75 | ERJ | Embraer SA ADR Earnings Call This Week | PairCorr |
| 0.74 | CW | Curtiss Wright | PairCorr |
| 0.69 | LMT | Lockheed Martin Financial Report 16th of July 2024 | PairCorr |
| 0.66 | GD | General Dynamics Financial Report 24th of July 2024 | PairCorr |
The ability to find closely correlated positions to Eve Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eve Holding 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 Eve Holding - 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 Eve Holding to buy it.
The correlation of Eve Holding 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 Eve Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eve Holding 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 Eve Holding 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 Eve Holding Piotroski F Score and Eve Holding Altman Z Score analysis. For more information on how to buy Eve Stock please use our How to Invest in Eve Holding guide.Note that the Eve Holding information on this page should be used as a complementary analysis to other Eve Holding'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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Eve Stock analysis
When running Eve Holding's price analysis, check to measure Eve Holding'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 Eve Holding is operating at the current time. Most of Eve Holding's value examination focuses on studying past and present price action to predict the probability of Eve Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eve Holding's price. Additionally, you may evaluate how the addition of Eve Holding to your portfolios can decrease your overall portfolio volatility.
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Is Eve Holding'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 Eve Holding. If investors know Eve 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 Eve Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.46) | Return On Assets (0.29) | Return On Equity (0.56) |
The market value of Eve Holding is measured differently than its book value, which is the value of Eve that is recorded on the company's balance sheet. Investors also form their own opinion of Eve Holding's value that differs from its market value or its book value, called intrinsic value, which is Eve Holding'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 Eve Holding's market value can be influenced by many factors that don't directly affect Eve Holding'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 Eve Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eve Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eve Holding'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.