Is Envela Corp (ELA) overvalued? · P/E 21, rev $180.4M
Envela Corp (ELA) is a luxury goods company listed on US.
This page asks whether Envela Corp (ELA) looks expensive on cached numbers — not a short thesis.
Latest reported ELA revenue for 2024-12-31 was $180.4M. Net income was $6.8M. Revenue was up 381.2% from 2023-12-31 to 2024-12-31. ELA currently screens at market cap $158.1M and trailing P/E 21.0.
ELA currently screens at market cap $158.1M and trailing P/E 21.0. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next ELA 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the ELA stock page for the full model, not this heading.
Not investment advice.