Altus Historical Financial Ratios
| AIF Stock | CAD 59.52 0.52 0.87% |
Altus Group is presently reporting on over 99 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0134, PTB Ratio of 2.98 or Days Sales Outstanding of 92.23 will help investors to properly organize and evaluate Altus Group Limited financial condition quickly.
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About Altus Financial Ratios Analysis
Altus Group LimitedFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Altus Group investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Altus financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Altus Group history.
Altus Group Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Altus Group Limited stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Altus Group sales, a figure that is much harder to manipulate than other Altus Group Limited multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Altus Group Limited dividend as a percentage of Altus Group stock price. Altus Group Limited dividend yield is a measure of Altus Group stock productivity, which can be interpreted as interest rate earned on an Altus Group investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.Most ratios from Altus Group's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Altus Group Limited current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altus Group Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Altus Group's Cash Per Share is very stable compared to the past year. As of the 29th of November 2024, POCF Ratio is likely to grow to 27.75, while Price To Sales Ratio is likely to drop 1.63.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.007289 | 0.0107 | 0.0141 | 0.0134 | Price To Sales Ratio | 4.73 | 3.15 | 2.44 | 1.63 |
Altus Group fundamentals Correlations
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Altus Group Account Relationship Matchups
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Altus Group fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 2.64 | 3.52 | 4.73 | 3.15 | 2.44 | 1.63 | |
| Dividend Yield | 0.0128 | 0.0111 | 0.007289 | 0.0107 | 0.0141 | 0.0134 | |
| Ptb Ratio | 4.16 | 5.15 | 5.02 | 3.86 | 3.13 | 2.98 | |
| Days Sales Outstanding | 118.59 | 127.78 | 132.25 | 126.81 | 122.79 | 92.23 | |
| Book Value Per Share | 9.11 | 9.55 | 14.14 | 13.98 | 13.3 | 12.31 | |
| Free Cash Flow Yield | 0.031 | 0.0344 | 0.0154 | 0.0227 | 0.0312 | 0.0297 | |
| Operating Cash Flow Per Share | 1.29 | 1.33 | 1.8 | 1.35 | 1.58 | 1.6 | |
| Stock Based Compensation To Revenue | 0.0173 | 0.0274 | 0.0383 | 0.0399 | 0.0298 | 0.0156 | |
| Capex To Depreciation | 0.12 | 0.1 | 0.23 | 0.41 | 0.22 | 0.21 | |
| Pb Ratio | 4.16 | 5.15 | 5.02 | 3.86 | 3.13 | 2.98 | |
| Ev To Sales | 2.91 | 3.72 | 5.22 | 3.59 | 2.85 | 1.9 | |
| Free Cash Flow Per Share | 1.18 | 1.69 | 1.1 | 1.23 | 1.3 | 1.33 | |
| Roic | 0.0583 | 0.0785 | 0.041 | (0.0139) | 0.0246 | 0.0233 | |
| Net Income Per Share | 0.46 | 0.53 | 0.62 | (0.0207) | 0.23 | 0.21 | |
| Payables Turnover | 33.12 | 46.73 | 37.78 | 63.14 | 27.47 | 22.55 | |
| Research And Ddevelopement To Revenue | 0.007799 | 0.006273 | 0.01 | 0.018 | 0.0162 | 0.017 | |
| Capex To Revenue | 0.0105 | 0.007752 | 0.017 | 0.0333 | 0.0162 | 0.0263 | |
| Cash Per Share | 1.53 | 1.73 | 1.23 | 1.29 | 0.92 | 1.6 | |
| Pocfratio | 28.57 | 27.29 | 52.54 | 30.07 | 26.43 | 27.75 | |
| Interest Coverage | 4.65 | 8.54 | 7.28 | 3.82 | 2.2 | 1.39 | |
| Payout Ratio | 1.06 | 1.02 | 0.84 | (27.78) | 2.6 | 2.73 | |
| Pfcf Ratio | 32.22 | 29.04 | 64.76 | 44.07 | 32.03 | 33.63 | |
| Days Payables Outstanding | 11.02 | 7.81 | 9.66 | 5.78 | 13.29 | 12.63 | |
| Income Quality | 2.08 | 2.26 | 1.65 | 19.87 | 3.2 | 2.14 | |
| Roe | 0.0506 | 0.0559 | 0.0436 | (0.001482) | 0.017 | 0.0124 | |
| Ev To Operating Cash Flow | 31.51 | 28.9 | 57.99 | 34.26 | 30.82 | 32.36 | |
| Pe Ratio | 82.33 | 92.07 | 115.16 | (2.6K) | 184.49 | 193.72 | |
| Return On Tangible Assets | 0.0476 | 0.0541 | 0.0577 | (0.001878) | 0.0236 | 0.0208 | |
| Ev To Free Cash Flow | 35.54 | 30.75 | 71.48 | 50.21 | 37.35 | 39.22 | |
| Earnings Yield | 0.0121 | 0.0109 | 0.008683 | (3.83E-4) | 0.00542 | 0.005149 | |
| Net Debt To E B I T D A | 1.77 | 1.37 | 3.56 | 4.31 | 3.16 | 3.31 | |
| Current Ratio | 0.87 | 1.75 | 1.35 | 1.33 | 1.39 | 1.32 | |
| Tangible Book Value Per Share | 0.17 | 1.11 | (3.95) | (4.44) | (3.93) | (3.73) | |
| Receivables Turnover | 3.08 | 2.86 | 2.76 | 2.88 | 2.97 | 3.6 | |
| Graham Number | 9.72 | 10.71 | 14.0 | 2.55 | 8.22 | 13.1 |
Pair Trading with Altus Group
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 Altus Group 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 Altus Group will appreciate offsetting losses from the drop in the long position's value.Moving together with Altus Stock
The ability to find closely correlated positions to Altus Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altus Group 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 Altus Group - 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 Altus Group Limited to buy it.
The correlation of Altus Group 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 Altus Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altus Group Limited 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 Altus Group 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.Other Information on Investing in Altus Stock
Altus Group LimitedFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Altus Group investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Altus financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Altus Group history.