Encore Wire Stock Current Valuation
| WIRE Stock | USD 282.41 1.19 0.42% |
Valuation analysis of Encore Wire helps investors to measure Encore Wire's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. The current year's Enterprise Value is expected to grow to about 651.2 M, whereas Enterprise Value Over EBITDA is forecasted to decline to 5.98. Fundamental drivers impacting Encore Wire's valuation include:
Price Book 2.3583 | Enterprise Value 3.8 B | Enterprise Value Ebitda 7.3656 | Price Sales 1.6043 | Trailing PE 13.0564 |
Fairly Valued
Today
Please note that Encore Wire's price fluctuation is very steady at this time. Calculation of the real value of Encore Wire is based on 3 months time horizon. Increasing Encore Wire's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Encore Wire is useful when determining the fair value of the Encore stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Encore Wire. Since Encore Wire is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Encore Stock. However, Encore Wire'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 282.41 | Real 277.5 | Target 238.67 | Hype 282.09 | Naive 281.92 |
The real value of Encore Stock, also known as its intrinsic value, is the underlying worth of Encore Wire Company, which is reflected in its stock price. It is based on Encore Wire's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Encore Wire'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 Encore Wire'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.
Estimating the potential upside or downside of Encore Wire helps investors to forecast how Encore stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Encore Wire more accurately as focusing exclusively on Encore Wire's fundamentals will not take into account other important factors: Encore Wire Company Current Valuation Analysis
Encore Wire'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.
Current Encore Wire Current Valuation | 3.83 B |
Most of Encore Wire'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, Encore Wire is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Encore Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Encore Wire is extremely important. It helps to project a fair market value of Encore Stock properly, considering its historical fundamentals such as Current Valuation. Since Encore Wire'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 Encore Wire'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 Encore Wire's interrelated accounts and indicators.
Click cells to compare fundamentals
Encore Current Valuation Historical Pattern
Today, most investors in Encore Wire Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Encore Wire's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Encore Wire current valuation as a starting point in their analysis.
Encore Wire Current Valuation |
| Timeline |
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, Encore Wire has a Current Valuation of 3.83 B. This is 47.4% lower than that of the Electrical Equipment sector and significantly higher than that of the Industrials industry. The current valuation for all United States stocks is 76.96% higher than that of the company.
Encore Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Encore Wire's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Encore Wire could also be used in its relative valuation, which is a method of valuing Encore Wire by comparing valuation metrics of similar companies.Encore Wire is currently under evaluation in current valuation category among related companies.
Encore Fundamentals
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.12 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | 0.12 % | ||||
| Current Valuation | 3.83 B | ||||
| Shares Outstanding | 15.79 M | ||||
| Shares Owned By Insiders | 6.62 % | ||||
| Shares Owned By Institutions | 93.38 % | ||||
| Number Of Shares Shorted | 3 M | ||||
| Price To Earning | 31.30 X | ||||
| Price To Book | 2.36 X | ||||
| Price To Sales | 1.60 X | ||||
| Revenue | 2.57 B | ||||
| Gross Profit | 1.11 B | ||||
| EBITDA | 483.43 M | ||||
| Net Income | 372.4 M | ||||
| Cash And Equivalents | 573.58 M | ||||
| Cash Per Share | 31.34 X | ||||
| Debt To Equity | 0.17 % | ||||
| Current Ratio | 8.54 X | ||||
| Book Value Per Share | 115.20 X | ||||
| Cash Flow From Operations | 455.21 M | ||||
| Short Ratio | 9.11 X | ||||
| Earnings Per Share | 21.63 X | ||||
| Price To Earnings To Growth | 2.09 X | ||||
| Target Price | 291.67 | ||||
| Number Of Employees | 1.63 K | ||||
| Beta | 1.32 | ||||
| Market Capitalization | 4.46 B | ||||
| Total Asset | 1.97 B | ||||
| Retained Earnings | 2.51 B | ||||
| Working Capital | 1.05 B | ||||
| Current Asset | 366.38 M | ||||
| Current Liabilities | 52.25 M | ||||
| Annual Yield | 0.0003 % | ||||
| Five Year Return | 0.13 % | ||||
| Net Asset | 1.97 B | ||||
| Last Dividend Paid | 0.08 |
About Encore Wire Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Encore Wire's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Encore Wire using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Encore Wire 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.
Encore Wire Investors Sentiment
The influence of Encore Wire's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Encore. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Encore Wire's public news can be used to forecast risks associated with an investment in Encore. The trend in average sentiment can be used to explain how an investor holding Encore can time the market purely based on public headlines and social activities around Encore Wire. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Encore Wire's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Encore Wire's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Encore Wire's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Encore Wire.
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 Encore Wire 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, Encore Wire's short interest history, or implied volatility extrapolated from Encore Wire options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Encore Wire is a strong investment it is important to analyze Encore Wire's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Encore Wire's future performance. For an informed investment choice regarding Encore Stock, refer to the following important reports:Check out Encore Wire Piotroski F Score and Encore Wire Altman Z Score analysis. For information on how to trade Encore Stock refer to our How to Trade Encore Stock guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Encore Stock analysis
When running Encore Wire's price analysis, check to measure Encore Wire'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 Encore Wire is operating at the current time. Most of Encore Wire's value examination focuses on studying past and present price action to predict the probability of Encore Wire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Encore Wire's price. Additionally, you may evaluate how the addition of Encore Wire to your portfolios can decrease your overall portfolio volatility.
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Is Encore Wire'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 Encore Wire. If investors know Encore 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 Encore Wire 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 (0.40) | Dividend Share 0.08 | Earnings Share 21.63 | Revenue Per Share 155.987 | Quarterly Revenue Growth (0.04) |
The market value of Encore Wire is measured differently than its book value, which is the value of Encore that is recorded on the company's balance sheet. Investors also form their own opinion of Encore Wire's value that differs from its market value or its book value, called intrinsic value, which is Encore Wire'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 Encore Wire's market value can be influenced by many factors that don't directly affect Encore Wire'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 Encore Wire's value and its price as these two are different measures arrived at by different means. Investors typically determine if Encore Wire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Encore Wire'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.