Energous Free Cash Flow Per Share vs Price Cash Flow Ratio Analysis

WATT Stock  USD 1.56  0.02  1.30%   
Energous financial indicator trend analysis is much more than just examining Energous latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Energous is a good investment. Please check the relationship between Energous Free Cash Flow Per Share and its Price Cash Flow Ratio accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Energous. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Energous Stock please use our How to Invest in Energous guide.

Free Cash Flow Per Share vs Price Cash Flow Ratio

Free Cash Flow Per Share vs Price Cash Flow Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Energous Free Cash Flow Per Share account and Price Cash Flow Ratio. At this time, the significance of the direction appears to have strong relationship.
The correlation between Energous' Free Cash Flow Per Share and Price Cash Flow Ratio is 0.79. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Price Cash Flow Ratio in the same time period over historical financial statements of Energous, assuming nothing else is changed. The correlation between historical values of Energous' Free Cash Flow Per Share and Price Cash Flow Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Energous are associated (or correlated) with its Price Cash Flow Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price Cash Flow Ratio has no effect on the direction of Free Cash Flow Per Share i.e., Energous' Free Cash Flow Per Share and Price Cash Flow Ratio go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Price Cash Flow Ratio

Most indicators from Energous' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Energous current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Energous. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Energous Stock please use our How to Invest in Energous guide.At this time, Energous' Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 0.21 in 2024, despite the fact that Enterprise Value is likely to grow to (3.9 M).
 2021 2022 2023 2024 (projected)
Net Interest Income5.5K411.1K866.4K909.8K
Interest Income5.5K411.1K866.4K909.8K

Energous fundamental ratios Correlations

0.090.380.97-0.98-0.610.51.01.00.58-0.040.280.680.411.00.510.370.66-0.690.66-0.1-0.020.660.3-0.550.59
0.090.86-0.04-0.05-0.210.080.080.080.22-0.230.150.190.830.090.22-0.060.08-0.140.05-0.12-0.230.10.12-0.140.05
0.380.860.24-0.32-0.380.570.360.360.34-0.280.540.380.980.370.320.290.47-0.380.46-0.05-0.10.520.36-0.390.42
0.97-0.040.24-0.99-0.490.430.970.970.46-0.120.250.630.260.970.370.340.58-0.630.58-0.090.050.590.13-0.40.53
-0.98-0.05-0.32-0.990.49-0.46-0.98-0.98-0.460.15-0.28-0.62-0.34-0.98-0.38-0.33-0.570.62-0.580.07-0.05-0.61-0.130.41-0.53
-0.61-0.21-0.38-0.490.49-0.27-0.59-0.59-0.95-0.540.07-0.96-0.49-0.59-0.93-0.22-0.670.88-0.60.430.64-0.51-0.740.7-0.66
0.50.080.570.43-0.46-0.270.470.470.15-0.290.880.290.530.480.120.690.67-0.420.710.160.280.830.42-0.50.66
1.00.080.360.97-0.98-0.590.471.00.58-0.040.240.670.381.00.50.330.62-0.670.62-0.09-0.020.630.27-0.520.56
1.00.080.360.97-0.98-0.590.471.00.58-0.040.240.670.381.00.50.330.62-0.670.62-0.09-0.020.630.27-0.520.56
0.580.220.340.46-0.46-0.950.150.580.580.66-0.220.890.420.580.990.010.53-0.740.47-0.4-0.620.410.76-0.630.63
-0.04-0.23-0.28-0.120.15-0.54-0.29-0.04-0.040.66-0.60.41-0.2-0.040.72-0.420.01-0.17-0.05-0.37-0.59-0.060.54-0.320.2
0.280.150.540.25-0.280.070.880.240.24-0.22-0.6-0.010.50.25-0.250.740.52-0.150.570.060.460.680.06-0.190.45
0.680.190.380.63-0.62-0.960.290.670.670.890.41-0.010.480.670.850.260.69-0.910.62-0.44-0.580.540.59-0.60.69
0.410.830.980.26-0.34-0.490.530.380.380.42-0.20.50.480.390.40.330.57-0.460.55-0.18-0.20.50.43-0.40.46
1.00.090.370.97-0.98-0.590.481.01.00.58-0.040.250.670.390.50.340.63-0.680.63-0.09-0.020.640.28-0.530.57
0.510.220.320.37-0.38-0.930.120.50.50.990.72-0.250.850.40.5-0.030.49-0.680.43-0.42-0.590.380.78-0.670.62
0.37-0.060.290.34-0.33-0.220.690.330.330.01-0.420.740.260.330.34-0.030.76-0.510.8-0.150.290.570.28-0.370.54
0.660.080.470.58-0.57-0.670.670.620.620.530.010.520.690.570.630.490.76-0.750.99-0.35-0.080.690.61-0.60.73
-0.69-0.14-0.38-0.630.620.88-0.42-0.67-0.67-0.74-0.17-0.15-0.91-0.46-0.68-0.68-0.51-0.75-0.70.270.46-0.62-0.550.66-0.64
0.660.050.460.58-0.58-0.60.710.620.620.47-0.050.570.620.550.630.430.80.99-0.7-0.30.040.690.59-0.590.73
-0.1-0.12-0.05-0.090.070.430.16-0.09-0.09-0.4-0.370.06-0.44-0.18-0.09-0.42-0.15-0.350.27-0.30.35-0.18-0.120.15-0.35
-0.02-0.23-0.10.05-0.050.640.28-0.02-0.02-0.62-0.590.46-0.58-0.2-0.02-0.590.29-0.080.460.040.350.01-0.280.140.01
0.660.10.520.59-0.61-0.510.830.630.630.41-0.060.680.540.50.640.380.570.69-0.620.69-0.180.010.38-0.630.72
0.30.120.360.13-0.13-0.740.420.270.270.760.540.060.590.430.280.780.280.61-0.550.59-0.12-0.280.38-0.680.67
-0.55-0.14-0.39-0.40.410.7-0.5-0.52-0.52-0.63-0.32-0.19-0.6-0.4-0.53-0.67-0.37-0.60.66-0.590.150.14-0.63-0.68-0.54
0.590.050.420.53-0.53-0.660.660.560.560.630.20.450.690.460.570.620.540.73-0.640.73-0.350.010.720.67-0.54
Click cells to compare fundamentals

Energous Account Relationship Matchups

Energous fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets24.9M53.1M51.4M29.8M16.7M29.1M
Other Current Liab2.1M1.6M2.5M2.2M2.0M2.2M
Total Current Liabilities4.5M3.5M4.3M3.8M4.6M4.4M
Total Stockholder Equity19.0M49.1M47.0M24.6M11.5M10.9M
Net Debt(19.6M)(49.3M)(48.4M)(24.3M)(12.7M)(13.3M)
Retained Earnings(263.1M)(295.0M)(336.4M)(362.7M)(382.0M)(362.9M)
Accounts Payable1.7M1.1M1.2M900.8K1.9M1.8M
Cash21.7M50.7M49.1M26.3M13.9M26.5M
Cash And Short Term Investments21.7M50.7M49.1M26.3M13.9M26.5M
Common Stock Total Equity225.0265.0333.0614.0706.1741.41
Common Stock Shares Outstanding1.5M2.1M3.2M3.9M4.7M4.9M
Liabilities And Stockholders Equity24.9M53.1M51.4M29.8M16.7M29.1M
Non Current Liabilities Total1.4M576.8K40.4K1.3M556.9K529.0K
Other Stockholder Equity282.2M344.0M383.4M387.3M393.5M234.9M
Total Liab5.9M4.1M4.4M5.1M5.2M4.8M
Total Current Assets22.2M51.4M50.2M27.4M15.0M27.4M
Common Stock333.0614.0767.0789.0930.0976.5
Property Plant And Equipment Net2.7M1.7M1.1M2.4M1.7M1.8M
Non Current Assets Total2.7M1.7M1.1M2.4M1.7M1.9M
Other Current Assets450.2K636.7K874.9K827.6K539.1K757.6K
Property Plant And Equipment Gross2.7M1.7M1.1M2.4M5.7M6.0M
Property Plant Equipment626.5K1.7M1.1M2.4M2.7M1.6M
Net Tangible Assets19.0M49.1M47.0M24.6M28.3M31.7M
Net Receivables63.1K75.9K283.6K143.4K101.6K114.3K
Retained Earnings Total Equity(173.9M)(224.7M)(263.1M)(295.0M)(265.5M)(278.7M)
Capital Surpluse185.7M243.1M282.2M344.0M395.6M219.8M
Net Invested Capital19.0M49.1M47.0M24.6M11.5M10.9M
Net Working Capital17.7M47.9M45.9M23.5M10.4M9.9M
Capital Stock333.0614.0767.0789.0930.0677.96

Pair Trading with Energous

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

Moving against Energous Stock

  0.7DYSL Dynasil OfPairCorr
  0.69WELX Winland HoldingsPairCorr
  0.67BMI Badger Meter Financial Report 18th of July 2024 PairCorr
  0.61GRMN GarminPairCorr
  0.56ITRI Itron IncPairCorr
The ability to find closely correlated positions to Energous could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Energous 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 Energous - 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 Energous to buy it.
The correlation of Energous 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 Energous moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Energous 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 Energous 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
When determining whether Energous is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Energous Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Energous Stock. Highlighted below are key reports to facilitate an investment decision about Energous Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Energous. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Energous Stock please use our How to Invest in Energous guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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Is Energous' 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 Energous. If investors know Energous 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 Energous listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.15)
Revenue Per Share
0.086
Quarterly Revenue Growth
(0.34)
Return On Assets
(0.61)
Return On Equity
(1.35)
The market value of Energous is measured differently than its book value, which is the value of Energous that is recorded on the company's balance sheet. Investors also form their own opinion of Energous' value that differs from its market value or its book value, called intrinsic value, which is Energous' 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 Energous' market value can be influenced by many factors that don't directly affect Energous' 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 Energous' value and its price as these two are different measures arrived at by different means. Investors typically determine if Energous is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energous' 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.