Elbit Imaging Revenue vs. Current Valuation

EMITF Stock  ILS 370.40  4.20  1.12%   
Considering the key profitability indicators obtained from Elbit Imaging's historical financial statements, Elbit Imaging may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in April. Profitability indicators assess Elbit Imaging's ability to earn profits and add value for shareholders.
For Elbit Imaging profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Elbit Imaging to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Elbit Imaging utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Elbit Imaging's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Elbit Imaging over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Elbit Imaging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Elbit Imaging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elbit Imaging'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.

Elbit Imaging Current Valuation vs. Revenue Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Elbit Imaging's current stock value. Our valuation model uses many indicators to compare Elbit Imaging value to that of its competitors to determine the firm's financial worth.
Elbit Imaging is rated below average in revenue category among related companies. It is rated # 5 in current valuation category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Elbit Imaging by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Elbit Imaging'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 Imaging's earnings, one of the primary drivers of an investment's value.

Elbit Revenue vs. Competition

Elbit Imaging is rated below average in revenue category among related companies. Market size based on revenue of Medical Devices industry is currently estimated at about 78.22 Million. Elbit Imaging adds roughly 0.0 in revenue claiming only tiny portion of all equities under Medical Devices industry.

Elbit Current Valuation vs. Revenue

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Elbit Imaging

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
null
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.

Elbit Imaging

Enterprise Value

 = 

Market Cap + Debt

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Cash

 = 
335.88 M
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.

Elbit Current Valuation vs Competition

Elbit Imaging is rated # 5 in current valuation category among related companies. After adjusting for long-term liabilities, total market size of Medical Devices industry is currently estimated at about 886.67 Million. Elbit Imaging totals roughly 335.88 Million in current valuation claiming about 38% of all equities under Medical Devices industry.

Elbit Imaging Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Elbit Imaging, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Elbit Imaging will eventually generate negative long term returns. The profitability progress is the general direction of Elbit Imaging's change in net profit over the period of time. It can combine multiple indicators of Elbit Imaging, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Elbit Imaging Ltd., together with its subsidiaries, engages in research and development, production, and marketing of treatment-oriented medical systems and products to treat cancer diseases. The company was founded in 1996 and is headquartered in Petach Tikva, Israel. ELBIT IMAGING operates under Medical Devices classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 5 people.

Elbit Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Elbit Imaging. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Elbit Imaging position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Elbit Imaging's important profitability drivers and their relationship over time.

Use Elbit Imaging in pair-trading

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 Imaging 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 Imaging will appreciate offsetting losses from the drop in the long position's value.

Elbit Imaging Pair Trading

Elbit Imaging Pair Trading Analysis

The ability to find closely correlated positions to Elbit Imaging 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 Imaging 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 Imaging - 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 Imaging to buy it.
The correlation of Elbit Imaging 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 Imaging moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Elbit Imaging 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 Imaging 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Elbit Imaging position

In addition to having Elbit Imaging in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Macroaxis Picks Theme
Daily selected watch list of stocks of large companies handpicked by Macroaxis Team based on their diversification potential. The Macroaxis Picks theme has 50 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Macroaxis Picks Theme or any other thematic opportunities.
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Note that the Elbit Imaging information on this page should be used as a complementary analysis to other Elbit Imaging'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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for Elbit Stock analysis

When running Elbit Imaging's price analysis, check to measure Elbit Imaging'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 Imaging is operating at the current time. Most of Elbit Imaging's value examination focuses on studying past and present price action to predict the probability of Elbit Imaging'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 Imaging's price. Additionally, you may evaluate how the addition of Elbit Imaging to your portfolios can decrease your overall portfolio volatility.
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To fully project Elbit Imaging's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Elbit Imaging at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Elbit Imaging's income statement, its balance sheet, and the statement of cash flows.
Potential Elbit Imaging investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Elbit Imaging investors may work on each financial statement separately, they are all related. The changes in Elbit Imaging's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Elbit Imaging's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.