Evoqua Financial Statements From 2010 to 2024
| AQUADelisted Stock | USD 49.88 0.04 0.08% |
Check Evoqua Water financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Evoqua main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Evoqua financial statements analysis is a perfect complement when working with Evoqua Water Valuation or Volatility modules.
Evoqua |
Evoqua Water Technologies Company Current Valuation Analysis
Evoqua Water'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 Evoqua Water Current Valuation | 6.06 B |
Most of Evoqua Water'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, Evoqua Water Technologies 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.
CompetitionIn accordance with the recently published financial statements, Evoqua Water Technologies has a Current Valuation of 6.06 B. This is 16.85% lower than that of the Machinery sector and significantly higher than that of the Industrials industry. The current valuation for all United States stocks is 63.58% higher than that of the company.
Evoqua Water Technologies Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Evoqua Water's current stock value. Our valuation model uses many indicators to compare Evoqua Water value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Evoqua Water competition to find correlations between indicators driving Evoqua Water's intrinsic value. More Info.Evoqua Water Technologies is rated second in return on equity category among related companies. It is rated below average in return on asset category among related companies reporting about 0.36 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Evoqua Water Technologies is roughly 2.81 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Evoqua Water by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Evoqua Water'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 Evoqua Water's earnings, one of the primary drivers of an investment's value.About Evoqua Water Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Evoqua Water income statement, its balance sheet, and the statement of cash flows. Evoqua Water investors use historical funamental indicators, such as Evoqua Water's revenue or net income, to determine how well the company is positioned to perform in the future. Although Evoqua Water investors may use each financial statement separately, they are all related. The changes in Evoqua Water's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Evoqua Water'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. We offer a historical overview of the basic patterns found on Evoqua Water Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Evoqua Water. Please read more on our technical analysis and fundamental analysis pages.
Evoqua Water Technologies Corp. provides water and wastewater treatment systems and technologies, and mobile and emergency water supply solutions and contract services for industrial, commercial, and municipal water treatment markets in the United States and internationally. The company was incorporated in 2013 and is headquartered in Pittsburgh, Pennsylvania. Evoqua Water is traded on New York Stock Exchange in the United States.
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 Evoqua Water 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, Evoqua Water's short interest history, or implied volatility extrapolated from Evoqua Water options trading.
Pair Trading with Evoqua Water
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 Evoqua Water 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 Evoqua Water will appreciate offsetting losses from the drop in the long position's value.Moving against Evoqua Stock
| 0.73 | LCID | Lucid Group Buyout Trend | PairCorr |
| 0.63 | DNA | Ginkgo Bioworks Holdings Financial Report 8th of May 2024 | PairCorr |
| 0.54 | SIRI | Sirius XM Holding Earnings Call This Week | PairCorr |
| 0.52 | NIO | Nio Class A Aggressive Push | PairCorr |
| 0.51 | PLUG | Plug Power Financial Report 14th of May 2024 | PairCorr |
The ability to find closely correlated positions to Evoqua Water could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evoqua Water 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 Evoqua Water - 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 Evoqua Water Technologies to buy it.
The correlation of Evoqua Water 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 Evoqua Water moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evoqua Water Technologies 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 Evoqua Water 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 Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Other Consideration for investing in Evoqua Stock
If you are still planning to invest in Evoqua Water Technologies check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Evoqua Water's history and understand the potential risks before investing.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |