Encore Gross Profit

WIRE
 Stock
  

USD 141.54  1.81  1.30%   

Encore Wire fundamentals help investors to digest information that contributes to Encore Wire's financial success or failures. It also enables traders to predict the movement of Encore Stock. The fundamental analysis module provides a way to measure Encore Wire'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 Encore Wire stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
As of December 8, 2022, Gross Profit is expected to decline to about 134.7 M.

Encore Gross Profit Analysis

Encore Wire's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Encore Wire Gross Profit

134.67 Million

Gross Profit 
 = 
Revenue 
-  
Cost of Revenue 
More About Gross Profit | All Equity Analysis

Current Encore Wire Gross Profit

    
  867.75 M  
Most of Encore Wire's fundamental indicators, such as Gross Profit, 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 Gross Profit 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 Ford stock properly, considering its historical fundamentals such as Gross Profit. 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.

Encore Gross Profit 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 gross profit 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 gross profit as a starting point in their analysis.
   Encore Wire Gross Profit   
Share
       Timeline  
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Compare to competition

According to the company disclosure, Encore Wire reported 867.75 M of gross profit. This is 78.57% lower than that of the Electrical Equipment sector and significantly higher than that of the Industrials industry. The gross profit for all United States stocks is 96.83% higher than that of the company.

Encore Wire Current Valuation Drivers

We derive many important indicators used in calculating different scores of Encore Wire from analyzing Encore Wire's financial statements. These drivers represent accounts that assess Encore Wire's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Encore Wire's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee54.27 K61.15 K42.12 K58.85 K375.99 K405.67 K
Revenue Per Employee942.71 K1.01 M923.91 K987.94 K1.8 M1.94 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA95.13 M116.02 M89.24 M116.99 M699.23 M754.43 M

Encore Fundamentals

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.
Last ReportedProjected for 2022
Gross Profit138.1 M134.7 M

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 markets does not have a 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 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 equiteis 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.

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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.
Check out Encore Wire Piotroski F Score and Encore Wire Altman Z Score analysis. You can also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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When running Encore Wire 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 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.
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 Encore Wire value 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.