What is the price-to-earnings ratio of Elco?
The price-earnings ratio of Elco is currently -1.22.
Elco P/E 2024
Elco P/E
-1.22
Ticker
ELCO.TA
ISIN
IL0006940345
As of Nov 1, 2024, Elco's P/E ratio was -1.22, a -178.21% change from the 1.56 P/E ratio recorded in the previous year.
The Elco P/E history
Elco Aktienanalyse
What does Elco do?
Elco Ltd is a British company that has been manufacturing electric motors and drive systems for various industries for almost a century. The company was founded in 1948 by Mr. C. L. Smith in a garage in Southall, a town in the west of London. Smith was an engineer and had a vision of the advantages of an electric motor over combustion engines. He recognized the growing demand for electric drives and began designing and manufacturing motors for various applications. The company grew rapidly and relocated to a larger factory in Hayes, also in the west of London. Elco's business model is based on the manufacture of electric motors and drive systems for various applications. Since its inception, the company has been known as a reliable partner for the marine and industrial sectors. Elco develops and produces a wide range of drive systems for boats, yachts, and ships. In addition, the company also manufactures motors for machine tools, fans, pumps, and other applications. Elco's advancements in display and control technology enable them to harness the benefits of electric motors in various industries. The company is divided into several divisions to meet the requirements of its customers from different industries. The marine division deals with the manufacture of drive systems for ships and boats. Elco offers a wide range of MARINER systems, including outboard motors, electric pod drives, and electric propellers. Elco's industrial division focuses on the requirements of companies from various industries and manufactures drive systems for fans, pumps, and machine tools. In addition, the company also offers solutions that facilitate the integration of electric motors into existing systems. Furthermore, the company has an accessories division where customers can purchase fixtures, controllers, and other technical devices. Elco also produces products that are specifically tailored to the needs of customers. For example, the company has developed a line of electric motors and drive systems for use in supermarkets and other facilities. These specially designed solutions help reduce energy consumption and save operating costs. Additionally, Elco has a line of electric motors available that are based on Welbore motors, which are specifically designed for applications that frequently have high power requirements. The main products of Elco are electric motors and drive systems. Elco motors have a wide range of applications in various industries, including industrial ventilation systems, water applications, packaging machinery, and many others. Elco drive systems are available in different power variants and can be used in both maritime and industrial applications. Elco takes pride in manufacturing high-quality products that adhere to the highest standards of efficiency, performance, and reliability. Overall, Elco is a company specializing in the manufacture of electric motors and drive systems and has been in operation for almost a century. The company offers a wide range of products and services that satisfy its customers from various industries. With its state-of-the-art drive systems and extensive experience, Elco is a trusted partner for its customer base and has established a reputation as a reliable and innovative supplier. Elco ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Elco's P/E Ratio
The Price to Earnings (P/E) Ratio of Elco is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing Elco's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of Elco is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in Elco’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about Elco stock
How has the price-earnings ratio of Elco changed compared to last year?
The price-to-earnings ratio of Elco has increased by -178.21% fallen (meaning "decreased" or "dropped") compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of Elco high compared to other companies?
Yes, the price-to-earnings ratio of Elco is high compared to other companies.
How does an increase in the price-earnings ratio of Elco affect the company?
An increase in the price-earnings ratio of Elco would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of Elco affect the company?
A decrease in the price-earnings ratio of Elco would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of Elco?
Some factors that influence the price-earnings ratio of Elco are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Elco pay?
Over the past 12 months, Elco paid a dividend of 2.58 ILS . This corresponds to a dividend yield of about 0.02 %. For the coming 12 months, Elco is expected to pay a dividend of 2.58 ILS.
What is the dividend yield of Elco?
The current dividend yield of Elco is 0.02 %.
When does Elco pay dividends?
Elco pays a quarterly dividend. This is distributed in the months of May, October, May, October.
How secure is the dividend of Elco?
Elco paid dividends every year for the past 10 years.
What is the dividend of Elco?
For the upcoming 12 months, dividends amounting to 2.58 ILS are expected. This corresponds to a dividend yield of 0.02 %.
In which sector is Elco located?
Elco is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Elco kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Elco from 9/19/2024 amounting to 0.743 ILS, you needed to have the stock in your portfolio before the ex-date on 9/4/2024.
When did Elco pay the last dividend?
The last dividend was paid out on 9/19/2024.
What was the dividend of Elco in the year 2023?
In the year 2023, Elco distributed 2.564 ILS as dividends.
In which currency does Elco pay out the dividend?
The dividends of Elco are distributed in ILS.
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Andere Kennzahlen von Elco
Our stock analysis for Elco Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Elco Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.