CNXN Ev To Free Cash Flow from 2010 to 2024
| CNXN Stock | USD 72.58 0.47 0.64% |
EV To Free Cash Flow | First Reported 2010-12-31 | Previous Quarter 8.63621738 | Current Value 11.47 | Quarterly Volatility 35.43649583 |
Check PC Connection financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PC Connection's main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.4 M, Interest Expense of 1 M or Selling General Administrative of 380.7 M, as well as many indicators such as Price To Sales Ratio of 0.65, Dividend Yield of 0.0045 or PTB Ratio of 2.51. CNXN financial statements analysis is a perfect complement when working with PC Connection Valuation or Volatility modules.
CNXN | Ev To Free Cash Flow |
Latest PC Connection's Ev To Free Cash Flow Growth Pattern
Below is the plot of the Ev To Free Cash Flow of PC Connection over the last few years. It is a valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued. PC Connection's EV To Free Cash Flow historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in PC Connection's overall financial position and show how it may be relating to other accounts over time.
| Ev To Free Cash Flow | 10 Years Trend |
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Ev To Free Cash Flow |
| Timeline |
CNXN Ev To Free Cash Flow Regression Statistics
| Arithmetic Mean | 29.31 | |
| Geometric Mean | 24.33 | |
| Coefficient Of Variation | 120.92 | |
| Mean Deviation | 25.96 | |
| Median | 21.67 | |
| Standard Deviation | 35.44 | |
| Sample Variance | 1,256 | |
| Range | 136 | |
| R-Value | 0.31 | |
| Mean Square Error | 1,225 | |
| R-Squared | 0.09 | |
| Significance | 0.27 | |
| Slope | 2.43 | |
| Total Sum of Squares | 17,580 |
CNXN Ev To Free Cash Flow History
About PC Connection Financial Statements
PC Connection investors utilize fundamental indicators, such as Ev To Free Cash Flow, to predict how CNXN Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| EV To Free Cash Flow | 8.64 | 11.47 |
Pair Trading with PC Connection
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 PC Connection 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 PC Connection will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to PC Connection could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PC Connection 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 PC Connection - 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 PC Connection to buy it.
The correlation of PC Connection 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 PC Connection moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PC Connection 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 PC Connection 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 the analysis of PC Connection Correlation against competitors. To learn how to invest in CNXN Stock, please use our How to Invest in PC Connection guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Electronic Equipment, Instruments & Components space 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 PC Connection. If investors know CNXN 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 PC Connection listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.052 | Dividend Share 0.38 | Earnings Share 3.4 | Revenue Per Share 105.964 | Quarterly Revenue Growth 0.046 |
The market value of PC Connection is measured differently than its book value, which is the value of CNXN that is recorded on the company's balance sheet. Investors also form their own opinion of PC Connection's value that differs from its market value or its book value, called intrinsic value, which is PC Connection's 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 PC Connection's market value can be influenced by many factors that don't directly affect PC Connection's 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 PC Connection's value and its price as these two are different measures arrived at by different means. Investors typically determine if PC Connection is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PC Connection's 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.