Envela (ELA)


Market Price (11/3/2026): $11.29 | Market Cap: $293.1 MilSector: Consumer Discretionary | Industry: Apparel, Accessories & Luxury Goods

Envela (ELA)


Market Price (11/3/2026): $11.29
Market Cap: $293.1 Mil
Sector: Consumer Discretionary
Industry: Apparel, Accessories & Luxury Goods

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.7%, FCF Yield is 8.2%

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 48%

Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -61%

Megatrend and thematic drivers
Megatrends include Sustainable Resource Management, Circular Economy & Recycling, and Sustainable Consumption. Themes include Resource Efficiency Solutions, Show more.

Key risks
ELA key risks include [1] declines in the value and availability of its electronic device inventory, Show more.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.7%, FCF Yield is 8.2%
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 48%
2 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -61%
3 Megatrend and thematic drivers
Megatrends include Sustainable Resource Management, Circular Economy & Recycling, and Sustainable Consumption. Themes include Resource Efficiency Solutions, Show more.
4 Key risks
ELA key risks include [1] declines in the value and availability of its electronic device inventory, Show more.

ELA in ETFs

Weight = ELA's share of each fund

VTI0.00%
IWM0.00%
IWO0.01%
VTWO0.00%
DFAS0.00%
DFAC0.00%

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 11/1/2026

Envela (ELA) stock has lost about 50% since 7/31/2026 because of the following key factors:

1. Significant Sequential Decline in Revenue and Net Income in Fiscal Q2 2026.

Envela experienced a sharp drop in financial performance during its fiscal second quarter of 2026 (ended June 30, 2026) compared to its fiscal first quarter of 2026 (ended March 31, 2026). Following a robust fiscal Q1 2026 with $98.4 million in revenue and $8.8 million in net income, fiscal Q2 2026 saw revenue decline by approximately 42% to $56.8 million. Net income also decreased substantially by 52.78% to $4.17 million in fiscal Q2 2026. This significant loss of sequential momentum likely contributed heavily to investor concerns.

2. Normalization of Precious Metals Prices Impacting Volumes.

A key driver of Envela's strong performance in fiscal Q1 2026 was attributed to "strong precious metals markets". However, management noted in their fiscal Q2 2026 report that "precious-metals prices corrected from January's record levels, causing volumes to normalize". Given that a portion of Envela's business involves luxury hard assets and bullion, the softening of these commodity prices and the subsequent impact on transaction volumes likely put downward pressure on the company's financial results and, consequently, its stock price.

Show more
Updated on 11/1/2026

Envela (ELA) stock has lost about 50% since 7/31/2026 because of the following key factors:

1. Significant Sequential Decline in Revenue and Net Income in Fiscal Q2 2026.

Envela experienced a sharp drop in financial performance during its fiscal second quarter of 2026 (ended June 30, 2026) compared to its fiscal first quarter of 2026 (ended March 31, 2026). Following a robust fiscal Q1 2026 with $98.4 million in revenue and $8.8 million in net income, fiscal Q2 2026 saw revenue decline by approximately 42% to $56.8 million. Net income also decreased substantially by 52.78% to $4.17 million in fiscal Q2 2026. This significant loss of sequential momentum likely contributed heavily to investor concerns.

2. Normalization of Precious Metals Prices Impacting Volumes.

A key driver of Envela's strong performance in fiscal Q1 2026 was attributed to "strong precious metals markets". However, management noted in their fiscal Q2 2026 report that "precious-metals prices corrected from January's record levels, causing volumes to normalize". Given that a portion of Envela's business involves luxury hard assets and bullion, the softening of these commodity prices and the subsequent impact on transaction volumes likely put downward pressure on the company's financial results and, consequently, its stock price.

3. Negative Analyst Action and Investor Uncertainty Regarding Capital Strategy.

Following the announcement of fiscal Q2 2026 results, analyst firm B. Riley lowered its price target for Envela from $24 to $23 on August 6, 2026. This downgrade signaled a less optimistic outlook from a financial institution. Concurrently, investor sentiment was affected by concerns raised in the market regarding "Envela's Buyback Strategy," which "Raises Questions on Capital Flexibility, Growth Investment, and Shareholder Uncertainty" as highlighted by TipRanks on August 12, 2026. Such doubts about capital allocation and future growth strategies can lead to increased selling pressure on a company's stock.

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Stock Movement Drivers

Fundamental Drivers

The -48.1% change in ELA stock from 7/31/2026 to 11/2/2026 was primarily driven by a -51.4% change in the company's P/E Multiple.
(LTM values as of)731202611022026Change
Stock Price ($)21.6811.25-48.1%
Change Contribution By: 
Total Revenues ($ Mil)2912930.7%
Net Income Margin (%)7.2%7.6%6.1%
P/E Multiple26.913.1-51.4%
Shares Outstanding (Mil)26260.0%
Cumulative Contribution-48.1%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2026 to 11/2/2026
ReturnCorrelation
ELA-48.1% 
Market (SPY)0.7%25.7%
Sector (XLY)1.8%18.8%

Fundamental Drivers

The -36.1% change in ELA stock from 4/30/2026 to 11/2/2026 was primarily driven by a -58.3% change in the company's P/E Multiple.
(LTM values as of)430202611022026Change
Stock Price ($)17.6111.25-36.1%
Change Contribution By: 
Total Revenues ($ Mil)24129321.6%
Net Income Margin (%)6.1%7.6%26.0%
P/E Multiple31.313.1-58.3%
Shares Outstanding (Mil)26260.0%
Cumulative Contribution-36.1%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2026 to 11/2/2026
ReturnCorrelation
ELA-36.1% 
Market (SPY)4.9%27.4%
Sector (XLY)0.0%28.0%

Fundamental Drivers

The 23.8% change in ELA stock from 10/31/2025 to 11/2/2026 was primarily driven by a 77.4% change in the company's Net Income Margin (%).
(LTM values as of)1031202511022026Change
Stock Price ($)9.0911.2523.8%
Change Contribution By: 
Total Revenues ($ Mil)19829347.7%
Net Income Margin (%)4.3%7.6%77.4%
P/E Multiple27.713.1-52.8%
Shares Outstanding (Mil)26260.1%
Cumulative Contribution23.8%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 11/2/2026
ReturnCorrelation
ELA23.8% 
Market (SPY)11.2%23.6%
Sector (XLY)-0.9%23.2%

Fundamental Drivers

The 187.0% change in ELA stock from 10/31/2023 to 11/2/2026 was primarily driven by a 64.9% change in the company's P/E Multiple.
(LTM values as of)1031202311022026Change
Stock Price ($)3.9211.25187.0%
Change Contribution By: 
Total Revenues ($ Mil)19429351.4%
Net Income Margin (%)6.9%7.6%10.9%
P/E Multiple7.913.164.9%
Shares Outstanding (Mil)27263.7%
Cumulative Contribution187.0%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2023 to 11/2/2026
ReturnCorrelation
ELA187.0% 
Market (SPY)86.0%23.7%
Sector (XLY)58.9%26.5%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
ELA Return-22%29%-8%48%86%-16%116%
Peers Return100%-22%48%99%-8%11%373%
S&P 500 Return27%-19%24%23%16%10%101%

Monthly Win Rates [3]
ELA Win Rate33%58%58%58%58%55% 
Peers Win Rate67%37%57%48%48%51% 
S&P 500 Win Rate75%42%67%75%67%36% 

Max Drawdowns [4]
ELA Max Drawdown-46%-46%-60%-14%-29%-61% 
Peers Max Drawdown-33%-48%-28%-32%-47%-34% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: REAL, IRM, CLH, SIG, QRHC.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 11/2/2026 (YTD)

How Low Can It Go

EventELAS&P 500
2025 US Tariff Shock
  % Loss-21.9%-18.8%
  % Gain to Breakeven28.0%23.1%
  Time to Breakeven42 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-56.0%-9.5%
  % Gain to Breakeven127.0%10.5%
  Time to Breakeven390 days24 days
2022 Inflation Shock & Fed Tightening
  % Loss-10.8%-24.5%
  % Gain to Breakeven12.1%32.4%
  Time to Breakeven14 days427 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-43.8%-19.2%
  % Gain to Breakeven77.9%23.8%
  Time to Breakeven160 days105 days
2016-2017 Trump Reflation Bond Selloff
  % Loss-17.8%-3.7%
  % Gain to Breakeven21.6%3.9%
  Time to Breakeven19 days6 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-11.1%-12.2%
  % Gain to Breakeven12.5%13.9%
  Time to Breakeven1 days62 days

Compare to REAL, IRM, CLH, SIG, QRHC

In The Past

Envela's stock fell -21.9% during the 2025 US Tariff Shock. Such a loss loss requires a 28.0% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventELAS&P 500
2025 US Tariff Shock
  % Loss-21.9%-18.8%
  % Gain to Breakeven28.0%23.1%
  Time to Breakeven42 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-56.0%-9.5%
  % Gain to Breakeven127.0%10.5%
  Time to Breakeven390 days24 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-43.8%-19.2%
  % Gain to Breakeven77.9%23.8%
  Time to Breakeven160 days105 days
2014-2016 Oil Price Collapse
  % Loss-81.7%-6.8%
  % Gain to Breakeven447.4%7.3%
  Time to Breakeven546 days15 days
2013 Taper Tantrum
  % Loss-59.5%-0.2%
  % Gain to Breakeven146.8%0.2%
  Time to Breakeven2259 days1 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-25.6%-17.9%
  % Gain to Breakeven34.4%21.8%
  Time to Breakeven5133 days123 days
2008-2009 Global Financial Crisis
  % Loss-85.4%-53.4%
  % Gain to Breakeven582.9%114.4%
  Time to Breakeven741 days1085 days
Summer 2007 Credit Crunch
  % Loss-20.8%-8.6%
  % Gain to Breakeven26.2%9.5%
  Time to Breakeven1 days47 days

Compare to REAL, IRM, CLH, SIG, QRHC

In The Past

Envela's stock fell -21.9% during the 2025 US Tariff Shock. Such a loss loss requires a 28.0% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Envela (ELA)

Envela Corporation (ELA) operates as a diversified holding company primarily engaged in two distinct business segments: buying and selling precious metals and jewelry, and providing environmental and IT asset disposition services. Originally known for its precious metals and numismatic dealings, the company expanded into technology and environmental solutions, catering to a broad spectrum of clients.

In its traditional segment, Envela trades various jewelry and bullion products, including bridal and fashion jewelry, diamonds, watches, and rare coins. They also deal in gold, silver, platinum, and palladium in forms such as government and private mint coins and bars. This segment serves individual consumers through retail locations like Dallas Gold & Silver Exchange and Charleston Gold & Diamond Exchange, as well as dealers and other institutional buyers, offering services such as jewelry and watch repair.

The company's second core segment focuses on end-of-life electronics recycling and IT asset disposition (ITAD). Envela provides comprehensive services including secure data sanitization, compliance, disposal transportation, product tracking, and remarketing of IT assets. Additionally, they offer support for software upgrades, hardware/networking capabilities, and cloud migration services. This segment primarily targets businesses, Fortune 500 companies, municipalities, and school districts, helping them manage their technology lifecycles responsibly and securely.

AI Analysis | Feedback

Imagine Envela as a publicly traded entity that's a blend of a **major jewelry and precious metals dealer** (like a comprehensive **Zales** that also trades in bullion and rare coins) and a **specialized electronics recycling and IT asset disposition provider** for businesses (similar to a focused division of **Waste Management**).

AI Analysis | Feedback

```html
  • Jewelry & Fine Watches: Buys and sells bridal, fashion, and custom-made jewelry, diamonds, gemstones, and watches.
  • Precious Metals & Bullion: Buys and sells gold, silver, platinum, and palladium products, including coins, medallions, and bars.
  • Numismatics: Buys and sells rare coins, currency, medals, tokens, and other collectibles.
  • Jewelry & Watch Repair Services: Provides repair services for jewelry and watches.
  • Electronics Recycling & IT Asset Disposition (ITAD): Offers end-of-life electronics recycling, disposal, product tracking, compliance, and data sanitization services for IT assets.
  • IT Infrastructure Services: Provides services for software upgrades, hardware/networking capabilities, and cloud migration for companies.
```

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John R. Loftus, Chairman of the Board, Chief Executive Officer, and President

John R. Loftus has served as Envela Corporation's Chairman of the Board, Chief Executive Officer, and President since December 12, 2016. He is credited with leading the company's turnaround, guiding it to eight consecutive annual profits by 2024, and overseeing the expansion of its retail presence and the establishment of a new Commercial Division. Mr. Loftus holds a Master of Business Administration from Southern Methodist University's Cox School of Business.

John DeLuca, Chief Financial Officer

John DeLuca was appointed Chief Financial Officer of Envela Corporation on March 25, 2024. Prior to this role, he served as the company's Vice President of Finance and Commercial Segment Controller. Mr. DeLuca brings over 20 years of experience in the secondary metal-processing industry, with a comprehensive background in finance, operations, and planning. His career includes significant roles in both public and private-equity-backed companies, demonstrating expertise in P&L management, accounting, and financial planning and analysis. He is a Certified Public Accountant (CPA).

Allison DeStefano, Head of Consumer Division

Allison DeStefano leads Envela's Consumer Division. She has been actively involved in the company's strategic growth initiatives, including the acquisition of Steven Kretchmer, Inc., a jewelry manufacturer, to enhance the Consumer Division's offerings. Ms. DeStefano also serves as a Director on Envela's board.

Alexandra C. Griffin, Independent Director

Alexandra C. Griffin has served as an Independent Director of Envela Corporation since January 17, 2017. She currently holds the position of Accounting Manager for Zelus Analytics. Ms. Griffin is a Certified Public Accountant (CPA) and holds a Bachelor of Science in Accounting from the University of Texas at Arlington.

Jim R. Ruth, Independent Director

Jim R. Ruth has been an Independent Director of Envela Corporation since January 17, 2017. Before his retirement in 2020, Mr. Ruth served as the Chief Executive Officer for a leading teaming platform in the software-as-a-service space, catering to small federal contractors. He holds a Master of Business Administration from Southern Methodist University's Cox School of Business.

AI Analysis | Feedback

The key risks to Envela's business include its sensitivity to commodity price fluctuations, particularly gold, and regulatory and compliance risks associated with its refining partnerships and IT asset disposition services, as well as competitive pressures in its retail segments.

  1. Commodity Price Sensitivity: Envela's consumer segment, which deals with luxury goods like jewelry, rare coins, and gold, is highly correlated to commodity prices. A significant decline in the price of commodities, especially gold, could adversely affect the segment's sales volumes and profit margins.

  2. Regulatory and Compliance Risks: Envela faces risks related to evolving governmental regulations. Its refining partners are subject to increasingly stringent regulations, changes to which could negatively impact Envela's business. Furthermore, in its IT asset disposition (ITAD) services, the company is exposed to potential losses if it fails to properly manage and protect clients' assets throughout the ITAD process, implying data security and environmental compliance risks.

  3. Competition: Envela operates in competitive markets, particularly in its direct-to-consumer segment for luxury hard assets such as fine jewelry, luxury watches, diamonds, and bullion. The company competes with established retailers, auction houses, online platforms, and other resale marketplaces. These competitive conditions could negatively affect Envela's financial performance and its capacity to expand its business strategy.

AI Analysis | Feedback

  • The rapid growth and increasing consumer acceptance of lab-grown diamonds, which offer a chemically identical, often lower-cost, and ethically unambiguous alternative to mined diamonds, directly challenging a core product offering in Envela's jewelry business.
  • The increasing adoption of cryptocurrencies and other digital assets as alternative stores of value and investment vehicles, potentially diverting capital from the physical bullion products (gold, silver, platinum, palladium) that Envela sells.

AI Analysis | Feedback

Addressable Market Sizes for Envela (ELA)

Envela (ELA) operates in several distinct markets, including jewelry and bullion sales, numismatic items, jewelry and watch repair services, and electronics recycling and IT asset disposition (ITAD) services. The addressable market sizes for these key products and services, primarily within the United States, are substantial:

Jewelry and Fine Watch Products

  • The U.S. jewelry market was valued at approximately USD 73.32 billion in 2023 and is projected to reach USD 96.61 billion by 2030, demonstrating a Compound Annual Growth Rate (CAGR) of 4.1% from 2024 to 2030. Another estimate places the U.S. jewelry market size at USD 78.40 billion in 2024, with a projection to reach USD 97.62 billion by 2030, growing at a CAGR of 3.72%.
  • The U.S. luxury jewelry and watches market stood at USD 92.84 billion in 2025 and is anticipated to grow to USD 168.19 billion by 2034, with a CAGR of 6.83% from 2026 through 2034.
  • The global custom jewelry service market is anticipated to increase from USD 3.95 billion in 2025 to USD 4.3 billion in 2026, registering a CAGR of 8.9%, and is expected to reach USD 5.97 billion by 2030. North America held the largest share of this market in 2025.

Bullion Products (Gold, Silver, Platinum, and Palladium)

  • The global gold bullion market was valued at USD 53.15 billion in 2024 and is projected to reach USD 121.98 billion by 2031, exhibiting a CAGR of 12.60% from 2024 to 2031. North America accounted for over 40% of the global revenue in 2024, with a market size of USD 21.26 billion. Specifically, the U.S. gold bullion market size was USD 16.78 million in 2024. Another source estimates the global gold bullion market size at USD 86.42 billion in 2025, growing to USD 97.72 billion in 2026 at a CAGR of 13.1%.
  • The U.S. bullion and precious metal e-commerce market generated an e-commerce revenue of US$6,757 million in 2025.

Numismatic Items (Rare Coins, Currency, Medals, Tokens, and other Collectibles)

  • The global collectibles market was estimated at USD 320.30 billion in 2025 and is projected to reach USD 535.50 billion by 2033, growing at a CAGR of 6.9% from 2026 to 2033.
  • The North American collectibles market accounted for a revenue share of 32.8% in 2025. The U.S. collectibles market size was USD 64.92 billion in 2025 and is forecasted to reach approximately USD 113.33 billion by 2034, with a CAGR of 6.30% from 2025 to 2034.
  • The global coin collection market was valued at USD 9.6 billion in 2023 and is projected to reach USD 23.01 billion by 2032, growing at a CAGR of 10.2%. North America is identified as a leading region in this market.

Jewelry and Watch Repair Services

  • The global jewelry repair service market is projected to reach USD 242.79 billion by 2025, with an estimated CAGR of 5.1% from 2025 to 2033.

End-of-Life Electronics Recycling and IT-Asset Disposition (ITAD) Services

  • The global electronic waste recycling market was valued at USD 46.81 billion in 2025, with projections to reach USD 80.43 billion by 2033, demonstrating a CAGR of 7.00% from 2025 to 2033.
  • The U.S. electronic waste recycling market size was valued at USD 13.67 billion in 2025. Another report indicates the U.S. market size was USD 14.53 billion in 2025 and is projected to reach USD 19.84 billion by 2035, growing at a CAGR of 3.96% during 2026-2035.
  • The global IT Asset Disposition (ITAD) market size was valued at USD 17.5 billion in 2025 and is projected to reach USD 40.1 billion in 2035, growing at a CAGR of 8.9% from 2026–2035.
  • The U.S. IT asset disposition market reached USD 5.3 billion in 2025. The IT asset disposition market in the U.S. is expected to grow significantly at a CAGR of 11.4% from 2025 to 2030. The North America ITAD market was valued at USD 6.4 billion in 2025.

AI Analysis | Feedback

Envela (ELA) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market trends:
  • Expansion of Retail Footprint: The company is actively expanding its physical presence, having nearly doubled its retail store locations and entered two new markets in 2024. Envela aims to continue pushing the boundaries of its retail experience and, as of early 2024, planned to open seven new stores by the end of 2024, including three in the Phoenix area.
  • Growth in Commercial IT Asset Disposition (ITAD) Services: Envela's commercial division, focused on ITAD services, achieved record adjusted EBITDA in 2024. This growth is driven by expanded asset sourcing and enhanced service relationships, with the company emphasizing operational excellence, client satisfaction, and innovation to ensure long-term success in this profitable segment.
  • Leveraging High Precious Metals Prices and Defensive Consumer Behavior: The Consumer division is benefiting from elevated precious metals prices and a trend of more defensive consumer spending. This environment encourages consumers to buy and sell pre-owned luxury goods, aligning well with Envela's strategy to acquire discounted precious metals and resell them competitively.
  • Increasing Demand for Re-commerce and Circular Economy Solutions: Envela positions itself at the forefront of the circular economy, offering re-commerce services that promote reuse and recycling. The company anticipates continued growth by capitalizing on rising demand for pre-owned goods, driven by evolving consumer preferences for sustainable and value-oriented alternatives.

AI Analysis | Feedback

Share Repurchases

  • Envela's Board of Directors authorized a share repurchase program for up to 1 million shares of common stock on March 17, 2023.
  • The Board authorized the repurchase of an additional 100,000 shares on March 27, 2025, increasing the total authorization to 1,100,000 shares through March 31, 2026.
  • Since March 2023, Envela has spent over $4.8 million to repurchase 961,155 shares of common stock as of September 30, 2025.

Outbound Investments

  • On June 10, 2021, Envela's subsidiary CEX Holdings, LLC acquired the assets of CExchange LLC, a company specializing in electronics-trade-in services, to expand its presence in the recommerce sector.
  • Envela acquired Steven Kretchmer, Inc., a jewelry manufacturer, for $0.3 million on September 12, 2023, to diversify and enhance its Consumer Division.
  • The company has announced discussions to acquire Bluebonnet Sterling, LLC, which specializes in vintage and estate sterling-silver jewelry, as part of its strategy to expand product offerings in the recommerce sector.

Capital Expenditures

  • Envela's trailing twelve months (TTM) average capital expenditure over 10 years was $1.51 million as of September 30, 2025.
  • Over the past five years, the average capital expenditure over 10 years was $1.06 million, with a range from $397.33 thousand to $1.51 million.
  • The company agreed to purchase a new 72,000+ square foot office building on over five acres in Las Colinas, Irving, Texas, for its corporate headquarters and Teladvance, LLC, to support growth and enhance operational capacity.

Better Bets vs. Envela (ELA)

Peer Outperformance in Apparel, Accessories & Luxury Goods

ELA has outperformed 93% of its 28 Apparel, Accessories & Luxury Goods peers over 5Y. Apparel, Accessories & Luxury Goods ranks 13th of 22 industries in Consumer Discretionary by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Apparel, Accessories & Luxury Goods constituents that ELA has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
71%
of 28 industry peers · 23.8% return
3Y
82%
of 28 industry peers · 197.6% return
5Y
93%
of 28 industry peers · 160.4% return
No Apparel, Accessories & Luxury Goods peer with a comparable growth profile has beaten ELA by more than 20pp over 5Y.
Median price return by industry across the Consumer Discretionary sector, ranked by 5Y. Apparel, Accessories & Luxury Goods is ELA's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Education Services 14 -3.2%35.5%76.9% CVSA 255% · GHC 117% · LRN 109%
Homebuilding 17 3.8%32.7%38.5% PHM 188% · CVCO 174% · TOL 169%
Hotels, Resorts & Cruise Lines 21 24.4%60.9%20.3% RCL 278% · MAR 171% · HLT 162%
Automotive Retail 17 -0.6%15.0%11.8% MUSA 220% · PAG 125% · ORLY 119%
Home Furnishings 3 2.7%74.8%3.9% SGI 58% · MHK -15%
Home Improvement Retail 5 -7.6%18.9%3.4% HD 5% · LOW 3% · FND -65%
Footwear 9 86.5%82.4%-8.5% DECK 29% · SHOO 9% · CROX -9%
Specialized Consumer Services 10 -5.3%38.1%-13.8% HRB 171% · FTDR 126% · ADT 29%
Restaurants 36 3.1%-5.5%-14.6% EAT 407% · CAKE 209% · TXRH 133%
Distributors 4 -8.1%-15.2%-23.8% ARMK 113% · GPC 8% · POOL -55%
Leisure Products 14 -11.3%-11.9%-33.0% GOLF 82% · HAS 54% · BC -9%
Household Appliances 18 20.9%18.8%-33.8% WHR -81%
Apparel, Accessories & Luxury Goods ← 29 11.4%30.3%-38.6% RL 274% · TPR 246% · KTB 68%
Leisure Facilities 12 -4.0%3.1%-40.5% OSW 186% · LTH 149% · PLNT -33%
Apparel Retail 27 1.0%5.7%-41.2% ANF 287% · TJX 125% · ROST 113%
Computer & Electronics Retail 3 23.3%65.6%-41.7% BBY -2% · GME -53%
Broadline Retail 12 -3.1%20.8%-44.1% EBAY 76% · AMZN 48% · OLLI 25%
Automotive Parts & Equipment 39 -10.5%-10.6%-45.9% MOD 1011% · GTX 190% · PATK 73%
Casinos & Gaming 21 -24.9%-19.9%-50.2% MCRI 82% · BYD 24% · RRR 21%
Other Specialty Retail 24 -9.6%-14.2%-60.7% ULTA 71% · ASO 47% · DKS 29%
Automobile Manufacturers 8 -11.6%-44.2%-69.3% GM 69% · TSLA 3% · F -5%
Consumer Electronics 11 -35.8%-39.8%-80.5% GRMN 111%
Median of constituents with a full price history over each window. Top names are limited to companies above $2B market cap.

Latest Trefis Analyses

TitleDate
0DASHBOARDS 
1Envela Earnings Notes12/16/2025
2Is Envela Stock Built to Withstand a Pullback?10/17/2025
Title
0ARTICLES

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Financials

ELAREALIRMCLHSIGQRHCMedian
NameEnvela RealReal Iron Mou.Clean Ha.Signet J.Quest Re. 
Mkt Price11.2912.87116.55297.52119.981.0364.71
Mkt Cap0.31.634.715.7-0.01.6
Rev LTM2937827,5626,564-248782
Op Inc LTM2831,562864-328
FCF LTM2421-597496-1021
FCF 3Y Avg12-4-666402--3-3
CFO LTM26591,6551,020-1159
CFO 3Y Avg14281,364863-028

Growth & Margins

ELAREALIRMCLHSIGQRHCMedian
NameEnvela RealReal Iron Mou.Clean Ha.Signet J.Quest Re. 
Rev Chg LTM47.7%18.1%17.4%10.1%--8.4%17.4%
Rev Chg 3Y Avg18.2%11.6%13.1%7.1%--4.4%11.6%
Rev Chg Q3.5%18.7%18.5%20.7%-7.6%18.5%
QoQ Delta Rev Chg LTM0.7%4.3%4.4%5.1%-1.9%4.3%
Op Inc Chg LTM172.8%109.0%23.6%32.6%-161.4%109.0%
Op Inc Chg 3Y Avg55.9%70.0%13.5%14.4%-31.5%31.5%
Op Mgn LTM9.6%0.4%20.7%13.2%-1.0%9.6%
Op Mgn 3Y Avg6.5%-5.4%20.1%11.9%-0.3%6.5%
QoQ Delta Op Mgn LTM0.6%1.2%0.1%1.3%-0.3%0.6%
CFO/Rev LTM8.8%7.6%21.9%15.5%-4.6%8.8%
CFO/Rev 3Y Avg6.1%3.9%20.6%14.1%-0.2%6.1%
FCF/Rev LTM8.2%2.6%-7.9%7.6%-3.9%3.9%
FCF/Rev 3Y Avg4.8%-0.9%-10.1%6.5%--0.9%-0.9%

Valuation

ELAREALIRMCLHSIGQRHCMedian
NameEnvela RealReal Iron Mou.Clean Ha.Signet J.Quest Re. 
Mkt Cap0.31.634.715.7-0.01.6
P/S1.02.04.62.4-0.12.0
P/Op Inc10.5493.122.218.2-8.518.2
P/EBIT10.184.124.917.8--2.617.8
P/E13.1-141.982.929.7--1.313.1
P/CFO11.326.421.015.4-1.915.4
Total Yield7.7%-0.7%4.1%3.4%--76.1%3.4%
Dividend Yield0.0%0.0%2.9%0.0%-0.0%0.0%
FCF Yield 3Y Avg4.7%-1.3%-2.1%2.9%-6.1%2.9%
D/E0.10.30.60.2-2.80.3
Net D/E-0.10.20.60.2-2.80.2

Returns

ELAREALIRMCLHSIGQRHCMedian
NameEnvela RealReal Iron Mou.Clean Ha.Signet J.Quest Re. 
1M Rtn-7.2%44.6%2.8%-6.6%19.6%-24.8%-1.9%
3M Rtn-47.1%2.7%-5.3%-4.3%26.7%-20.2%-4.8%
6M Rtn-32.6%0.2%-7.8%-4.2%49.2%-8.0%-6.0%
12M Rtn24.2%5.4%17.0%41.3%23.1%-32.2%20.1%
3Y Rtn198.7%752.3%107.7%92.4%65.3%-86.1%100.1%
1M Excs Rtn-4.8%46.9%5.2%-4.2%22.0%-22.6%0.5%
3M Excs Rtn-46.0%3.7%-3.9%-1.7%26.2%-14.5%-2.8%
6M Excs Rtn-37.4%-4.5%-12.6%-8.9%44.4%-12.5%-10.7%
12M Excs Rtn17.7%-4.8%8.3%27.6%12.6%-39.0%10.4%
3Y Excs Rtn113.8%824.1%34.1%12.9%0.1%-164.3%23.5%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Consumer19313012913197
Commercial4850465244
Total241180175183141


Operating Income by Segment
$ Mil20252024202320222021
Commercial118475
Consumer70575
Total1889149


Net Income by Segment
$ Mil2023202220212020
Consumer4853
Commercial4753
Total716106


Assets by Segment
$ Mil20252024202320222008
Consumer56403637 
Commercial20333434 
Corporate1944  
BULLION    2
CORPORATE AND OTHER    1
DISCONTINUED OPERATIONS    1
Precious Metals    2
RARE COINS    2
RETAIL JEWELRY    23
WHOLESALE JEWELRY    2
Total9678737133


Price Behavior

Price Behavior
Market Price$11.25 
Market Cap ($ Bil)0.3 
First Trading Date03/19/1992 
Distance from 52W High-61.0% 
   50 Days200 Days
DMA Price$12.60$17.31
DMA Trenddownindeterminate
Distance from DMA-10.7%-35.0%
 3M1YR
Volatility45.7%71.6%
Downside Capture300.53113.61
Upside Capture-96.91129.63
Correlation (S&P 500)21.8%24.1%
ELA Betas & Captures as of 10/31/2026

 1M2M3M6M1Y3Y
Beta0.311.121.131.391.330.89
Up Beta-2.393.141.922.741.960.74
Down Beta0.690.10-0.840.300.790.68
Up Capture-36%45%-16%75%169%173%
Bmk +ve Days12182862130427
Stock +ve Days7132148118359
Down Capture79%190%304%181%117%101%
Bmk -ve Days10253664121325
Stock -ve Days15304377131360

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ELA
ELA28.0%71.6%0.62-
Sector ETF (XLY)1.7%19.3%-0.0523.6%
Equity (SPY)11.6%12.8%0.5723.7%
Gold (GLD)-2.3%28.6%-0.092.9%
Commodities (DBC)43.1%20.9%1.60-16.2%
Real Estate (VNQ)11.0%13.7%0.5010.1%
Bitcoin (BTCUSD)-28.8%43.6%-0.666.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ELA
ELA21.5%54.2%0.56-
Sector ETF (XLY)4.5%24.1%0.1426.0%
Equity (SPY)12.0%17.1%0.5224.9%
Gold (GLD)16.5%19.0%0.693.9%
Commodities (DBC)8.4%19.6%0.31-1.4%
Real Estate (VNQ)1.1%18.9%-0.0521.9%
Bitcoin (BTCUSD)4.1%51.6%0.2612.5%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ELA
ELA30.9%64.8%0.69-
Sector ETF (XLY)12.6%22.2%0.5219.8%
Equity (SPY)15.2%17.9%0.7219.2%
Gold (GLD)11.6%16.5%0.572.8%
Commodities (DBC)7.8%18.1%0.345.8%
Real Estate (VNQ)5.4%20.7%0.2215.3%
Bitcoin (BTCUSD)61.7%66.3%1.015.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date10152026
Short Interest: Shares Quantity0.5 Mil
Short Interest: % Change Since 93020260.4%
Average Daily Volume0.1 Mil
Days-to-Cover Short Interest6.3 days
Basic Shares Quantity26.0 Mil
Short % of Basic Shares1.9%

Earnings Returns History

Updated 6/3/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/4/2022-4.2%-5.6%14.0%
SUMMARY STATS   
# Positive001
# Negative110
Median Positive  14.0%
Median Negative-4.2%-5.6% 
Max Positive  14.0%
Max Negative-4.2%-5.6% 
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/4/2022-4.2%-5.6%14.0%
SUMMARY STATS   
# Positive001
# Negative110
Median Positive  14.0%
Median Negative-4.2%-5.6% 
Max Positive  14.0%
Max Negative-4.2%-5.6% 

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202608/05/202610-Q
03/31/202605/06/202610-Q
12/31/202503/18/202610-K
09/30/202511/05/202510-Q
06/30/202508/06/202510-Q
03/31/202505/07/202510-Q
12/31/202403/26/202510-K
09/30/202411/05/202410-Q
06/30/202408/07/202410-Q
03/31/202405/08/202410-Q
12/31/202303/21/202410-K
09/30/202311/08/202310-Q
06/30/202308/02/202310-Q
03/31/202305/03/202310-Q
12/31/202203/16/202310-K
09/30/202211/02/202210-Q
Collapse to Preview
Report DateFiling DateFiling
06/30/202608/05/202610-Q
03/31/202605/06/202610-Q
12/31/202503/18/202610-K
09/30/202511/05/202510-Q
06/30/202508/06/202510-Q
03/31/202505/07/202510-Q
12/31/202403/26/202510-K
09/30/202411/05/202410-Q
06/30/202408/07/202410-Q
03/31/202405/08/202410-Q
12/31/202303/21/202410-K
09/30/202311/08/202310-Q
06/30/202308/02/202310-Q
03/31/202305/03/202310-Q
12/31/202203/16/202310-K
09/30/202211/02/202210-Q
06/30/202208/03/202210-Q
03/31/202205/11/202210-Q
12/31/202103/16/202210-K
09/30/202111/04/202110-Q
06/30/202108/05/202110-Q
03/31/202105/05/202110-Q
12/31/202003/23/202110-K
09/30/202011/05/202010-Q
06/30/202008/06/202010-Q
03/31/202005/12/202010-Q
12/31/201903/26/202010-K
09/30/201911/13/201910-Q

Insider Activity

Updated 9/1/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Deluca, John GarrettCFODirectBuy901202613.761051,44545,422Form
2Deluca, John GarrettCFODirectBuy522202623.94551,31776,512Form
3Deluca, John GarrettCFODirectBuy1201202511.78901,06037,001Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Deluca, John GarrettCFODirectBuy901202613.761051,44545,422Form
2Deluca, John GarrettCFODirectBuy522202623.94551,31776,512Form
3Deluca, John GarrettCFODirectBuy1201202511.78901,06037,001Form

Investor Activity (13F)

Updated Nov 3, 2026
13F holdings as of Mar 31, 2026 (Q1 2026)

Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.

Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Topline Capital Management, LLC$13.0 Mil2.1%43TRIM -8.4%13F
Active Manager
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Topline Capital Management, LLC$13.0 Mil2.1%43TRIM -8.4%13F
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Topline Capital Management, LLC$13.0 Mil2.1%43TRIM -8.4%13F
Core Cache Last Updated: 11/2/2026