Airgain Free Cash Flow Yield vs Roic Analysis

AIRG Stock

USD 8.95 0.37 4.31%

Airgain financial indicator trend analysis is way more than just evaluating Airgain prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Airgain is a good investment. Please check the relationship between Airgain Free Cash Flow Yield and its Roic accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Airgain. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more detail on how to invest in Airgain Stock please use our How to Invest in Airgain guide.

Free Cash Flow Yield vs Roic

Free Cash Flow Yield vs Roic Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Airgain Free Cash Flow Yield account and Roic. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Airgain's Free Cash Flow Yield and Roic is 0.8. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Roic in the same time period over historical financial statements of Airgain, assuming nothing else is changed. The correlation between historical values of Airgain's Free Cash Flow Yield and Roic 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 Yield of Airgain are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Free Cash Flow Yield i.e., Airgain's Free Cash Flow Yield and Roic go up and down completely randomly.

Correlation Coefficient

0.8

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Most indicators from Airgain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Airgain 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Airgain. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more detail on how to invest in Airgain Stock please use our How to Invest in Airgain guide.The Airgain's current Tax Provision is estimated to increase to about 35.7 K, while Selling General Administrative is projected to decrease to roughly 9.8 M.

	2021	2022	2023	2024 (projected)
Interest Expense	4.1M	63K	72.5K	68.8K
Depreciation And Amortization	3.6M	3.7M	3.6M	3.8M

Interest Expense Depreciation And Amortization

Airgain fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab
Total Assets		-0.05	0.62	0.76	0.98	-0.92	0.96	0.51	-0.63	-0.34	0.72	0.62	0.71	-0.39	0.3	0.72	0.86	0.59	0.52	0.78	-0.5	0.59	0.68	0.44	0.62	-0.97
Short Long Term Debt Total	-0.05		0.34	0.39	-0.18	-0.09	-0.24	0.09	0.07	-0.08	0.14	0.03	0.19	-0.33	-0.28	-0.2	0.02	0.04	0.03	-0.31	0.84	0.2	-0.27	-0.19	0.56	0.1
Other Current Liab	0.62	0.34		0.85	0.51	-0.5	0.42	0.56	-0.28	-0.02	0.42	0.32	0.64	-0.71	0.13	0.31	0.69	0.33	0.3	0.4	0.11	0.83	0.27	0.1	0.84	-0.46
Total Current Liabilities	0.76	0.39	0.85		0.64	-0.74	0.55	0.79	-0.22	-0.5	0.8	0.26	0.91	-0.78	0.03	0.21	0.88	0.74	0.66	0.61	0.05	0.91	0.46	-0.01	0.98	-0.64
Total Stockholder Equity	0.98	-0.18	0.51	0.64		-0.89	0.99	0.41	-0.68	-0.28	0.65	0.66	0.61	-0.26	0.35	0.8	0.79	0.51	0.45	0.78	-0.62	0.46	0.69	0.52	0.48	-0.98
Other Liab	-0.92	-0.09	-0.5	-0.74	-0.89		-0.86	-0.54	0.44	0.51	-0.79	-0.44	-0.75	0.33	-0.23	-0.56	-0.82	-0.68	-0.59	-0.81	0.36	-0.54	-0.68	-0.33	-0.64	0.91
Net Tangible Assets	0.96	-0.24	0.42	0.55	0.99	-0.86		0.34	-0.71	-0.26	0.62	0.68	0.55	-0.16	0.35	0.83	0.73	0.46	0.41	0.75	-0.68	0.37	0.67	0.57	0.38	-0.98
Property Plant And Equipment Net	0.51	0.09	0.56	0.79	0.41	-0.54	0.34		0.02	-0.67	0.81	-0.02	0.94	-0.84	0.11	-0.14	0.73	0.84	0.83	0.64	-0.03	0.9	0.64	-0.4	0.76	-0.37
Net Debt	-0.63	0.07	-0.28	-0.22	-0.68	0.44	-0.71	0.02		-0.14	-0.14	-0.99	-0.09	-0.03	-0.59	-0.85	-0.17	0.04	-0.13	-0.16	0.37	-0.02	-0.47	-0.44	-0.13	0.64
Retained Earnings	-0.34	-0.08	-0.02	-0.5	-0.28	0.51	-0.26	-0.67	-0.14		-0.75	0.14	-0.68	0.29	0.03	0.28	-0.49	-0.93	-0.88	-0.51	0.08	-0.48	-0.45	0.42	-0.48	0.32
Accounts Payable	0.72	0.14	0.42	0.8	0.65	-0.79	0.62	0.81	-0.14	-0.75		0.15	0.93	-0.59	-0.06	0.15	0.84	0.88	0.74	0.73	-0.21	0.7	0.57	0.02	0.72	-0.7
Cash	0.62	0.03	0.32	0.26	0.66	-0.44	0.68	-0.02	-0.99	0.14	0.15		0.11	0.0	0.56	0.83	0.17	-0.04	0.13	0.12	-0.28	0.04	0.44	0.42	0.18	-0.63
Non Current Assets Total	0.71	0.19	0.64	0.91	0.61	-0.75	0.55	0.94	-0.09	-0.68	0.93	0.11		-0.77	0.08	0.08	0.88	0.89	0.81	0.76	-0.1	0.89	0.64	-0.15	0.85	-0.61
Non Currrent Assets Other	-0.39	-0.33	-0.71	-0.78	-0.26	0.33	-0.16	-0.84	-0.03	0.29	-0.59	0.0	-0.77		0.07	0.12	-0.63	-0.52	-0.49	-0.34	-0.26	-0.88	-0.37	0.28	-0.8	0.21
Other Assets	0.3	-0.28	0.13	0.03	0.35	-0.23	0.35	0.11	-0.59	0.03	-0.06	0.56	0.08	0.07		0.39	-0.02	0.03	0.37	0.31	-0.33	0.03	0.7	-0.18	-0.04	-0.24
Cash And Short Term Investments	0.72	-0.2	0.31	0.21	0.8	-0.56	0.83	-0.14	-0.85	0.28	0.15	0.83	0.08	0.12	0.39		0.35	-0.1	-0.09	0.36	-0.57	-0.02	0.38	0.8	0.07	-0.78
Net Receivables	0.86	0.02	0.69	0.88	0.79	-0.82	0.73	0.73	-0.17	-0.49	0.84	0.17	0.88	-0.63	-0.02	0.35		0.76	0.58	0.85	-0.35	0.81	0.53	0.25	0.77	-0.79
Good Will	0.59	0.04	0.33	0.74	0.51	-0.68	0.46	0.84	0.04	-0.93	0.88	-0.04	0.89	-0.52	0.03	-0.1	0.76		0.91	0.73	-0.19	0.73	0.59	-0.28	0.68	-0.52
Common Stock Total Equity	0.52	0.03	0.3	0.66	0.45	-0.59	0.41	0.83	-0.13	-0.88	0.74	0.13	0.81	-0.49	0.37	-0.09	0.58	0.91		0.64	-0.14	0.67	0.74	-0.49	0.61	-0.42
Common Stock Shares Outstanding	0.78	-0.31	0.4	0.61	0.78	-0.81	0.75	0.64	-0.16	-0.51	0.73	0.12	0.76	-0.34	0.31	0.36	0.85	0.73	0.64		-0.62	0.58	0.76	0.15	0.45	-0.75
Non Current Liabilities Total	-0.5	0.84	0.11	0.05	-0.62	0.36	-0.68	-0.03	0.37	0.08	-0.21	-0.28	-0.1	-0.26	-0.33	-0.57	-0.35	-0.19	-0.14	-0.62		0.06	-0.47	-0.49	0.27	0.58
Inventory	0.59	0.2	0.83	0.91	0.46	-0.54	0.37	0.9	-0.02	-0.48	0.7	0.04	0.89	-0.88	0.03	-0.02	0.81	0.73	0.67	0.58	0.06		0.46	-0.22	0.89	-0.41
Other Current Assets	0.68	-0.27	0.27	0.46	0.69	-0.68	0.67	0.64	-0.47	-0.45	0.57	0.44	0.64	-0.37	0.7	0.38	0.53	0.59	0.74	0.76	-0.47	0.46		-0.12	0.34	-0.61
Other Stockholder Equity	0.44	-0.19	0.1	-0.01	0.52	-0.33	0.57	-0.4	-0.44	0.42	0.02	0.42	-0.15	0.28	-0.18	0.8	0.25	-0.28	-0.49	0.15	-0.49	-0.22	-0.12		-0.12	-0.57
Total Liab	0.62	0.56	0.84	0.98	0.48	-0.64	0.38	0.76	-0.13	-0.48	0.72	0.18	0.85	-0.8	-0.04	0.07	0.77	0.68	0.61	0.45	0.27	0.89	0.34	-0.12		-0.48
Deferred Long Term Liab	-0.97	0.1	-0.46	-0.64	-0.98	0.91	-0.98	-0.37	0.64	0.32	-0.7	-0.63	-0.61	0.21	-0.24	-0.78	-0.79	-0.52	-0.42	-0.75	0.58	-0.41	-0.61	-0.57	-0.48

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Airgain Account Relationship Matchups

Airgain fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	54.7M	54.9M	66.4M	54.4M	42.2M	50.8M
Short Long Term Debt Total	96K	310K	3.1M	2.4M	1.5M	1.5M
Other Current Liab	2.8M	3.4M	12.1M	3.3M	1.4M	1.4M
Total Current Liabilities	6.8M	6.9M	19.9M	12.9M	10.0M	10.4M
Total Stockholder Equity	47.9M	47.7M	44.2M	39.8M	31.4M	39.0M
Other Liab	63K	329K	109K	139K	125.1K	118.8K
Net Tangible Assets	40.4M	40.9M	19.1M	17.8M	20.4M	17.0M
Property Plant And Equipment Net	2.1M	2.4M	5.5M	5.0M	3.9M	2.7M
Net Debt	(13.1M)	(37.9M)	(11.4M)	(9.5M)	(6.3M)	(6.7M)
Retained Earnings	(44.1M)	(47.3M)	(57.4M)	(66.1M)	(78.5M)	(82.4M)
Accounts Payable	3.8M	3.0M	5.5M	6.5M	6.5M	4.7M
Cash	13.2M	38.2M	14.5M	11.9M	7.9M	7.5M
Non Current Assets Total	9.6M	9.5M	30.9M	27.2M	23.1M	14.6M
Non Currrent Assets Other	10K	249K	(3.6M)	(3.1M)	170K	178.5K
Other Assets	10K	2.9M	352K	216K	248.4K	236.0K
Cash And Short Term Investments	34.9M	38.2M	14.5M	11.9M	7.9M	7.5M
Net Receivables	7.7M	4.8M	10.8M	8.7M	7.4M	7.4M
Common Stock Total Equity	995.0	1K	100.4M	111.3M	128.0M	134.4M
Common Stock Shares Outstanding	10.1M	9.7M	10.0M	10.2M	10.4M	9.5M
Liabilities And Stockholders Equity	54.7M	54.9M	66.4M	54.4M	42.2M	50.8M
Non Current Liabilities Total	63K	329K	2.3M	1.7M	825K	1.1M
Inventory	1.2M	1.0M	8.9M	4.2M	2.4M	2.2M
Other Current Assets	1.4M	2.9M	1.3M	2.3M	1.4M	1.3M
Other Stockholder Equity	90.2M	92.0M	(5.3M)	(5.4M)	(4.8M)	(4.6M)
Total Liab	6.8M	7.2M	22.2M	14.6M	10.8M	11.8M
Deferred Long Term Liab	8.0K	37.6K	52K	139K	125.1K	165.9K
Property Plant And Equipment Gross	2.1M	2.4M	5.5M	5.0M	8.9M	9.4M
Total Current Assets	45.1M	45.4M	35.5M	27.2M	19.1M	36.2M
Accumulated Other Comprehensive Income	(16.9K)	(11.1K)	8K	0.0	3K	3.2K
Short Term Debt	85K	39K	1.7M	1.8M	1.7M	1.1M
Intangible Assets	3.8M	3.2M	14.2M	11.2M	8.2M	6.6M
Common Stock	1K	100.4M	107.0M	111.3M	115.3M	121.1M
Property Plant Equipment	2.1M	2.4M	5.5M	2.8M	3.2M	2.2M
Retained Earnings Total Equity	(45.0M)	(44.1M)	(47.3M)	(66.1M)	(59.5M)	(62.5M)
Treasury Stock	(3.4M)	(4.7M)	(5.3M)	(5.4M)	(4.8M)	(5.1M)
Non Current Liabilities Other	334.9K	211.4K	11K	1.5M	1.8M	1.9M
Capital Lease Obligations	96K	310K	3.1M	2.4M	1.5M	1.3M

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When determining whether Airgain is a strong investment it is important to analyze Airgain's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Airgain's future performance. For an informed investment choice regarding Airgain Stock, refer to the following important reports:

How To Invest In Airgain

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Is Airgain Stock a good investment?

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What is Airgain's Net Worth?

Details

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Airgain. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more detail on how to invest in Airgain Stock please use our How to Invest in Airgain guide.

You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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 Airgain. If investors know Airgain 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 Airgain 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

(1.00)

Earnings Share

(1.15)

Revenue Per Share

5.022

Quarterly Revenue Growth

(0.04)

Return On Assets

(0.17)

The market value of Airgain is measured differently than its book value, which is the value of Airgain that is recorded on the company's balance sheet. Investors also form their own opinion of Airgain's value that differs from its market value or its book value, called intrinsic value, which is Airgain'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 Airgain's market value can be influenced by many factors that don't directly affect Airgain'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 Airgain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Airgain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Airgain'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Airgain Free Cash Flow Yield vs Roic Analysis

Free Cash Flow Yield vs Roic

Free Cash Flow Yield vs Roic Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Roic

Airgain fundamental ratios Correlations

Airgain Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Airgain fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Tangible Assets	+ 0.99	Total Stockholder Equity
Total Stockholder Equity	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Current Liabilities
Net Tangible Assets	+ 0.96	Total Assets
Non Current Assets Total	+ 0.94	Property Plant And Equipment Net
Non Current Assets Total	+ 0.93	Accounts Payable

Cash	- 0.99	Net Debt
Deferred Long Term Liab	- 0.98	Net Tangible Assets
Deferred Long Term Liab	- 0.98	Total Stockholder Equity
Deferred Long Term Liab	- 0.97	Total Assets
Good Will	- 0.93	Retained Earnings
Other Liab	- 0.92	Total Assets